# SPACECOOL

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

- Industry: Materials
- Headquarters: Tokyo, Japan
- Website: www.spacecool.jp
- Latest round: Series A (Jan 14, 2025)
- Investors on record: 2

## About

Founded in 2021 and based in Tokyo, Japan, SPACECOOL INC. develops and sells radiative cooling materials. As of 2024, the company is led by its representative director and CEO, Masahiro Suemitsu. In October 2024, SPACECOOL INC. raised venture funding from Mitsubishi HC Capital.

The company’s product line includes a high-performance film that can be applied to various surfaces to create a cooling effect; a magnet sheet with high reflectivity and radiative cooling performance; tarpaulins and canvases made with a material that reflects and radiates heat efficiently; architectural membrane materials, which are designed for architectural applications; and many more.

The company plans to utilize the October 2024 funding raised to develop new decarbonization solutions to resolve issues such as heat countermeasures and energy conservation for businesses and local governments.

## Funding rounds

- Series A, Jan 14, 2025 — Mitsui Sumitomo Insurance Venture Capital, SPARX Group

## Investors

- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series A
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series A