CoolChip Technologies Receives $257,340 New Funding Round

  • Feed Type
  • Date
    4/29/2016
  • Company Name
    CoolChip Technologies
  • Mailing Address
    28 Dane Street Somerville, MA 02143 USA
  • Company Description
    Over the last half-century, everything in computing has significantly evolved – everything but the fan-cooler. Thermal management is critical to product performance and longevity, yet fan-coolers remain antiquated and have not kept pace with modern electronics innovation. CoolChip Technologies is breaking the mold in electronics cooling. How? By addressing the challenge of heat removal with the introduction of Kinetic Cooling technology that delivers up to 50% improvement in cooling and achieves a 2x smaller form factor at significantly lower noise levels for today s high-density world. With fully integrated forced convection solutions powered by a CoolChip Kinetic Cooling Engine, consumer electronics and enterprise manufacturers now have the opportunity to break through the thermal brick wall that has hindered cooling today s electronics effectively to unleash innovation and deliver next-generation products for their customers. View Techstars Demo Day: http://bit.ly/cct-ts-dd
  • Website
    http://www.coolchiptechnologies.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $257,340
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. 10 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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