What is Advanced Cooling Technologies?
Advanced Cooling Technologies (ACT) is a specialized provider of comprehensive thermal engineering services. Their offerings encompass thermal management consulting, advanced design, rapid prototyping, precision manufacturing, and rigorous product testing. ACT's product portfolio includes state-of-the-art pumped two-phase cooling solutions, high-performance heat pipes, efficient HVAC heat exchangers, custom liquid cold plates, and robust spacecraft thermal control products. Headquartered in Lancaster, Pennsylvania, ACT addresses complex thermal challenges across various industries, from aerospace to commercial applications.
How much funding has Advanced Cooling Technologies raised?
Advanced Cooling Technologies has raised a total of $9.3M across 3 funding rounds:
Debt
$1M
Grant
$3.3M
Other Financing Round
$5M
Debt (2020): $1M with participation from PPP
Grant (2021): $3.3M, investors not publicly disclosed
Other Financing Round (2021): $5M supported by NASA
Key Investors in Advanced Cooling Technologies
NASA
The National Aeronautics and Space Administration (NASA) is an independent federal agency dedicated to civilian space exploration and aeronautics research. NASA's involvement suggests a strategic alignment with advanced aerospace thermal control technologies, indicating potential applications in space missions and research.
PPP
Public-Private Partnership
What's next for Advanced Cooling Technologies?
With the recent strategic investment and substantial overall capital, Advanced Cooling Technologies is poised for significant expansion. The company is likely to focus on scaling its manufacturing capabilities, enhancing its research and development efforts in advanced cooling technologies, and potentially exploring new market segments that require sophisticated thermal management solutions. This funding round signals strong investor confidence in ACT's technology and its potential to capture a larger share of the growing thermal solutions market.
See full Advanced Cooling Technologies company page
