Startup Pascal Raises $8.5 Million to Develop High-Efficiency Solid-State Heat Pump Technology
Pascal, a startup co-founded by Adam Slavney and Jinyoung Seo, has secured $8.5 million in follow-on seed funding led by Sazze Partners and LB Investment, with participation from KDB Silicon Valley. The company is developing a new class of solid-state refrigeration technology that utilizes proprietary porous materials to improve the efficiency of heat pumps and refrigerators by approximately 20%. Unlike traditional gaseous refrigerants that contribute to ozone depletion or greenhouse gas emissions, Pascal's technology uses carbon dioxide compressed into specialized cartridges containing sponge-like materials. This approach aims to solve long-standing environmental concerns while providing a more robust cooling solution. The company has already signed a pilot contract with a multinational beverage company and expects to deliver its first prototype in early 2025.
Topics: Climate Tech Material Science Refrigeration Technology Startup Funding Venture Capital