Tech Company Financing Transactions
HyperBorean Funding Round
HyperBorean, based in Wichita, received $2.1 million from Landmark Growth Capital Partners, Precocity Capital and private investors.
Transaction Overview
Company Name
Announced On
12/19/2019
Transaction Type
Venture Equity
Amount
$2,100,000
Round
Seed
Proceeds Purpose
This angel round of financing will help HyperBorean fund third party field tests and will fund the growth of the team and sales channels.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1845 Fairmount 118
Wichita, KS 67260
USA
Wichita, KS 67260
USA
Phone
Undisclosed
Website
Email Address
Overview
HyperBorean reduces the energy costs for air-conditioning by providing off-grid air conditioning which allows for greater resiliency at installations that have mission-critical cooling needs during grid failures. HyperBorean's technology also increases the lifespan of legacy refrigeration equipment by reducing its daily run time.
Management Team
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