Global Cooling

Global Cooling, Inc.Founded in 1995 and headquartered in Athens, US, Global Cooling, Inc. focuses on developing innovative ultra-low temperature solutions. The company was founded by Jim Still, who has a history of entrepreneurship in the refrigeration industry. In March 2022, BioLife Solutions, Inc.Global Cooling, Inc. designs ultra-low temperature (ULT) freezers crucial for preserving biological samples and pharmaceuticals at temperatures as low as -100°C. Their product range includes the VAULT100 upright ULT freezer, the SU105UE undercounter model for personal lab storage, and the ULT25NEU, which is the only portable ULT freezer currently available.Global Cooling, Inc. generates revenue through direct sales of its ultra-low temperature freezers and related products, primarily targeting B2B clients in the healthcare and research sectors. Transactions typically involve hospitals, universities, and laboratories, where clients purchase outright or enter into structured agreements, including maintenance services.Following the acquisition by BioLife Solutions, Inc. in March 2022, Global Cooling, Inc. plans to leverage its new resources to enhance product offerings and expand into new geographic markets. Upcoming products include advanced versions of their ULT freezers designed for increased efficiency and reduced environmental impact, expected to launch by late 2023. The company also aims to penetrate markets in Asia and Europe by 2024, focusing on partnerships with local research institutions and healthcare providers to support their growth strategy.

1. Series B

   Dec 21, 2018

   Amount

   Undisclosed

   Investors

   Locked