Baryon announced it raised $510,000 in an initial filing from an offering of $800,000
03/01/23, 7:10 PM
Location
wilmington
Money raised
$510,000
Industry
sustainability
Round Type
seed
Company Info
Location
1013 centre rd ste 403s
wilmington, delaware, united states
Additional Info
Baryon is commercializing revolutionary building cooling technologies that are 50-85% energy efficient compared to traditional air conditioners. Global energy demand growth from cooling through 2050 is 37% of total energy demand growth, the single largest category. Cooling accounts for 10% of all global energy consumption today. Deployment of Baryon systems has the potential to the carbon footprint of cooling by up to 85%. Our technologies are critically needed in order for the world to get to net zero carbon by 2050.