# 37.5

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/37-5

- Industry: Materials
- Headquarters: Boulder, US
- Website: www.thirtysevenfive.com
- Total disclosed funding: $22M
- Latest round: Series C (Dec 7, 2012)
- Investors on record: 4

## About

Cocona, Inc. specializes in innovative temperature-regulating fabrics and materials, leveraging patented 37.5 Technology for enhanced moisture management and comfort in various applications including clothing, bedding, and footwear.Founded in 2000 and headquartered in Boulder, US, Cocona, Inc. operates under the name Cocona Lab. The firm has undergone strategic shifts focusing on advanced textile technologies and has successfully raised USD 15.00 mn in its latest SERIES C funding round, led by H.I.G. Growth Partners, adding to its total funds raised of USD 15.00 mn. Cocona, Inc. offers advanced temperature-regulating fabrics and materials through its patented 37.5 Technology, which integrates natural volcanic minerals and activated carbon from coconut. This technology effectively manages moisture vapor to optimize body temperature and comfort. Targeted primarily at outdoor and activewear brands, bedding manufacturers, and footwear companies, these products are marketed in North America, Europe, and parts of Asia, serving both B2B partners and direct-to-consumer channels.Revenue is generated through partnerships with apparel manufacturers, bedding producers, and retailers who license the 37.5 Technology for their products. The company operates on a B2B model, facilitating transactions through licensing agreements and direct sales, with flagship offerings including performance clothing, breathable bedding, and specialized footwear, all of which enhance value for consumers.Cocona, Inc. plans to launch new product lines that utilize the 37.5 Technology in specialized markets by the end of the upcoming fiscal year. The company aims to expand its reach into new geographic regions including Asia and Europe, targeting market entry by 2025. The recent funding of USD 15.00 mn will be utilized to support these initiatives, with a focus on product development and market expansion efforts.

## Funding rounds

- Series C, Dec 7, 2012, $15M — Fairhaven Capital, Arsenal Growth, H.I.G. Growth Partners
- Series A, Jun 10, 2008, $6.5M — Fairhaven Capital, Army Venture Capital Initiative

## Investors

- Fairhaven Capital (https://capitalatlas.ai/funds/fairhaven-capital) — Series A, Series C
- Army Venture Capital Initiative (https://capitalatlas.ai/funds/army-venture-capital-initiative) — Series A
- Arsenal Growth (https://capitalatlas.ai/funds/arsenal-growth) — Series C
- H.I.G. Growth Partners (https://capitalatlas.ai/funds/h-i-g-growth-partners) — Series C