Company Overview
Snapshot
Founded in January 2016 by Yaron Shenhav and Guy Ron, SolCold operates with 11–50 employees. The company has raised $14.37 million across 8 funding rounds from 3 investors.
Business overview
SolCold develops and deploys patented nano-technological coatings and films that provide passive cooling by utilizing sunlight and the sky through Anti-Stokes Fluorescence. This technology is most effective in hot, sunny conditions and is commercially applied to cool industrial buildings, logistics containers, automotive cabins, and apparel. The company's solutions reduce interior temperatures by up to 7°C and cut cooling energy expenses by 30%–40%, contributing to significant greenhouse gas emission reductions for global corporations. SolCold operates within the Energy Tech, Industrial Technologies, and Climate Tech sectors, focusing on energy consumption and efficiency, material innovations, and green construction.
Strategic signal
In April 2022, SolCold announced a new deal with Volkswagen, signaling a significant commercial validation for its solar cooling technology. This partnership, following initial pilots in 2022 with major automotive players like Volkswagen and Hyundai, demonstrates the company's successful transition from research and development to large-scale commercial deployment. For investors, this indicates strong market adoption and potential for further expansion within the automotive and industrial sectors, reinforcing SolCold's position as a key innovator in sustainable cooling solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is SolCold's core technology?
- SolCold's core technology is a patented nano-technological coating and film that cools surfaces using sunlight and the sky through Anti-Stokes Fluorescence, reducing interior temperatures by up to 7°C without additional energy consumption.
- When was SolCold founded and by whom?
- SolCold was founded in January 2016 by Yaron Shenhav and Guy Ron.
- What significant commercial partnerships has SolCold secured?
- In April 2022, SolCold announced a new deal with Volkswagen, following successful pilots with Volkswagen and Hyundai in 2022, demonstrating commercial deployment of its cooling technology.
- What are the environmental benefits of SolCold's technology?
- SolCold's technology reduces cooling energy expenses by 30%–40% and significantly cuts greenhouse gas emissions, aligning with UN Sustainable Development Goals and international agreements like the Kyoto Protocol and Paris Agreement.