# SkyCool Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skycool-systems

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Mountain View, US
- Website: www.skycoolsystems.com
- Total disclosed funding: $6.1M
- Latest round: Seed (Jul 6, 2023)
- Investors on record: 2

## About

Based in California, US, and founded in 2016, SkyCool Systems Inc. provides new methods for cooling. The company was co-founded by Eli Goldstein (CEO) and Aaswath Raman. In August 2023, the firm raised USD 5 million in Seed funding led by new investor Nadel and Gussman, LLC, with participation from investor D3 Jubilee Partners and other investors.

The company developed a passive cooling panel that improves the efficiency of any air conditioning or refrigeration system. It covers the top surface of each panel with Dual-Mode film, which deflects sunlight to keep the panels cool during the day and releases infrared heat into the chilly sky to keep the panels and any fluid flowing through them cool 24/7/365.

The company plans to use the August 2023 funding to expand the use of its technology, which uses the cool upper atmosphere of the planet to cool objects without the use of external energy.

## Funding rounds

- Seed, Jul 6, 2023, $6.1M — Nadel and Gussman, LLC, D3 Jubilee Partners

## Investors

- Nadel and Gussman, LLC — Seed
- D3 Jubilee Partners (https://capitalatlas.ai/funds/d3-jubilee-partners) — Seed