Pascal raises $8.5M to commercialize gas-based solid-state refrigeration for heat pumps and refrigerators
Pascal, a startup co-founded by CEO Adam Slavney and CTO Jinyoung Seo, raised $8.5 million in a follow-on to its seed round. The round was co-led by Sazze Partners and LB Investment, with participation from KDB Silicon Valley. The company is developing a solid-state refrigeration approach that compresses carbon dioxide into cartridges holding a proprietary porous material, and claims about 20% better efficiency than existing refrigerators and heat pumps. It has signed a pilot contract with an unnamed multinational beverage company, plans a first prototype in early 2027 and more polished refrigerators in 2028. This is business and product news with no cybersecurity content, threat activity or vulnerability.
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Pascal raises $8.5M to commercialize gas-based solid-state refrigeration for heat pumps and refrigerators
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Pascal, a startup co-founded by CEO Adam Slavney and CTO Jinyoung Seo, raised $8.5 million in a follow-on to its seed round. The round was co-led by Sazze Partners and LB Investment, with participation from KDB Silicon Valley. The company is developing a solid-state refrigeration approach that compresses carbon dioxide into cartridges holding a proprietary porous material, and claims about 20% better efficiency than existing refrigerators and heat pumps. It has signed a pilot contract with an unnamed multinational beverage company, plans a first prototype in early 2027 and more polished refrigerators in 2028. This is business and product news with no cybersecurity content, threat activity or vulnerability.