Phononic
Latest round
- Series E
Last raised
- Nov 2016
Total raised
- $157M
Investors
- 11
About Phononic
Phononic, Inc.Phononic, Inc. was founded in 2009 in Durham, US, focusing on advanced cooling technologies.Phononic's primary offerings focus on advanced cooling solutions, particularly their patented TTAP (Terminal Treatment of Air with Peltier) technology. This innovative HVAC solution operates without traditional refrigerants or hydronic networks, delivering demand-based heating and cooling tailored to user needs. Phononic's solid-state technology enables significant energy efficiency improvements, catering to diverse sectors including data centers, e-grocery retail, pharmaceutical cold chain logistics, and high-performance computing applications. The company's clients include data center operators, grocery retailers looking to optimize refrigeration processes, and pharmaceutical companies that require precise temperature control for sensitive products.Phononic operates on a B2B transaction model, providing solutions directly to businesses across various sectors. Their revenue is generated through partnerships and direct sales agreements with clients, encompassing a range of applications from HVAC systems to thermoelectric cooling devices. Transactions typically involve the sale of their flagship TTAP systems and other thermoelectric solutions, which are sold through structured agreements that may include maintenance and support services. Pricing plans are designed to accommodate the specific needs and scales of clients, ensuring that the solutions can be integrated into existing infrastructures or new constructions seamlessly.In July 2021, Phononic, Inc. Phononic aims to introduce new products in the next couple of years, specifically targeting markets in Europe and Asia for expansion.
Who invested in Phononic
11 investors across 9 rounds
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Funding rounds
Series E
Nov 16, 2016
Amount
$40M
Investors
Series E
Sep 12, 2016
Amount
$30M
Investors
Series D
Dec 12, 2014
Amount
$44M
Investors
Series C
Mar 26, 2014
Amount
$17M
Investors
Series C
Nov 4, 2013
Amount
$8.5M
Investors
Series B
Dec 13, 2012
Amount
$5.5M
Investors
Series B
Feb 18, 2011
Amount
$10M
Investors
Series A
Dec 31, 2009
Amount
$1M
Investors
Series A
Feb 17, 2009
Amount
$0.5M
Investors
Questions about Phononic
Who invested in Phononic?
Phononic has 11 investors on record across 9 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Phononic raised?
Phononic has raised 9 venture rounds. Sign up free to see how much each round raised and the total.
When did Phononic last raise money?
Phononic's most recent round on record is a Series E, in Nov 2016.
What does Phononic do?
Phononic is a electronics company.
Where is Phononic headquartered?
Phononic is headquartered in Durham, US.
Which VCs invest in companies like Phononic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Phononic's stage. Their profiles are linked below.
VCs backing electronics startups at Series E
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