Tech Company Financing Transactions
ThermoLift Funding Round
ThermoLift closed a $2.8 million financing round on 9/30/2015. Investors included Long Island Angel Network and private investors.
Transaction Overview
Company Name
Announced On
9/30/2015
Transaction Type
Venture Equity
Amount
$2,750,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
209 Advanced Energy Center 1000 Innovation Rd.
Stony Brook, NY 11794
USA
Stony Brook, NY 11794
USA
Phone
Website
Email Address
Overview
ThermoLift is developing a cold-climate, natural gas air-conditioner and heat pump technology that combines heating, air-conditioning, and water heating into a single appliance. It can provide a 30-50% reduction in building HVAC costs as well as associated reductions in greenhouse gas emissions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Schwartz
Chief Technical Officer
Adrian Tusinean
Co-Founder
Peter Hofbauer
Browse more venture capital transactions:
Prev: 9/30/2015: Chrono Therapeutics venture capital transaction
Next: 9/30/2015: OverDog venture capital transaction
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