Rebound Technologies Inc. is revolutionizing the cold chain logistics industry with its innovative freeze point suppression cycle, IcePoint®, which offers a 3-in-1 solution for frozen food processors and cold chain logistics companies. The technology not only provides agile freezing and unprecedented humidity control but also incorporates demand response capabilities. This results in enhanced system performance, increased productivity, lower demand charges, and a compelling return on investment. The company's IcePoint® thermal storage capability has been hailed as the most cost-effective battery globally, facilitating the decarbonization of the grid through year-round thermal storage and flexible demand. It is noteworthy that Rebound Technologies Inc. has garnered funding from esteemed sources such as the National Science Foundation, The U.S. Department of Energy, Clean Energy Ventures, Skyview Ventures, and others. The company's successful commissioning of its first full-scale commercial installation in 2023, along with its exemplary performance at Lineage Logistics, the world's largest cold chain warehouse and distribution center, underpins its potential in the market. The recent Series A investment of $759.21K on 22 August 2023 signifies growing investor confidence in the company's capabilities within the Energy, Renewable Energy, and Energy Storage sectors. Based in the United States, Rebound Technologies Inc. is poised for further growth and impact in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $759.21K | - | 22 Aug 2023 | |
Series A | $5.00M | 5 | Closed Loop Ventures, Autodesk Foundation | 16 Jan 2020 |
Series A | $5.15M | - | 02 Sep 2019 | |
Seed Round | $2.63M | - | 23 May 2019 | |
Grant | $475.00K | 1 | 06 Mar 2018 |
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