Pascal raises $8.5M in additional funding led by Sazze Partners and LB Investment for solid refrigerant cooling technology deployment.
Amount Raised
$8.5 Million
Round Type
Venture
WatertownManufacturingEnergyOil And GasInvestors
Description
Pascal, a Watertown, MA-based developer of solid refrigerant technology for cooling systems, raised $8.5M in additional funding co-led by Sazze Partners and LB Investment, with participation from KDB Silicon Valley. The company also secured $839K in grant funding, including a $500K ARPA-E grant and $339K from Massachusetts programs, bringing total funding to $17.3M. The capital will support initial deployments with a multinational beverage manufacturer and advance the technology toward industrial-scale applications. Pascal develops non-flammable, PFAS-free solid refrigerants designed to replace hydrofluorocarbons in HVAC cooling systems.
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