# ChillSkyn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chillskyn

- Industry: Chemicals
- Headquarters: Montreal, Canada
- Website: www.chillskyn.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Nov 12, 2024)
- Investors on record: 2

## About

ChillSkyn Inc. is a Montreal-based company specializing in innovative passive daytime radiative cooling technologies that offer energy-efficient solutions for temperature regulation in various environments.ChillSkyn Inc. was founded in 2023 in Montreal, Canada, focusing on advanced cooling technologies. The company has completed a total of 1 deal, with its most recent funding round occurring on November 12, 2024. ChillSkyn successfully raised USD 1.94 mn in Seed funding, co-led by Cycle Capital Management and TandemLaunch. The founder's background details are not available, and there have been no noted pivots or changes in business operations since its inception.ChillSkyn Inc. specializes in advanced passive daytime radiative cooling technologies, primarily through its innovative nanostructured coatings. These coatings provide a zero-energy cooling solution that can achieve temperatures below the ambient environment, effectively mitigating heat without any energy input. The primary use case for ChillSkyn’s technology is in environments experiencing high ambient temperatures, such as industrial and commercial facilities, residential buildings, and transportation sectors requiring cold chain logistics. The coatings are designed for diverse applications across various geographical markets, including North America, Europe, and parts of Asia, where energy efficiency and sustainability are significant concerns for end users. The company aims to address critical challenges related to energy consumption and greenhouse gas emissions associated with traditional cooling systems, positioning its products as eco-friendly and economically advantageous alternatives.ChillSkyn’s revenue model is centered around direct sales of its nanostructured coatings, through B2B partnerships with construction firms, manufacturers, and distributors who incorporate the products into their offerings. The company engages with clients in various sectors including commercial real estate, logistics, and manufacturing, providing tailored solutions for energy-efficient cooling. Transactions typically involve bulk orders or contracts based on project specifications, allowing clients to implement the passive cooling solutions in large-scale applications. Pricing structures are designed to be competitive, reflecting the unique benefits of the technology in reducing ongoing energy costs and maintenance associated with traditional HVAC systems. ChillSkyn’s flagship product, the passive daytime radiative cooling coating, is anticipated to play a key role in driving customer adoption and generating revenue as the demand for sustainable cooling solutions continues to rise.In November 2024, ChillSkyn Inc. raised USD 1.94 mn in Seed funding, which will be utilized to accelerate the commercial rollout of its passive daytime radiative cooling (PDRC) technology and expand into key international markets. The company plans to target new regions in North America and Europe by mid-2025, increasing its market presence and customer base as demand for energy-efficient cooling solutions grows. Upcoming product enhancements are also in development, although specific details on product launches have not been disclosed.

## Funding rounds

- Seed, Nov 12, 2024, $1.9M — Cycle Capital Management, TandemLaunch

## Investors

- Cycle Capital Management (https://capitalatlas.ai/funds/cycle-capital-management) — Seed
- TandemLaunch (https://capitalatlas.ai/funds/tandemlaunch) — Seed