World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Gradient AC unit wins $18m funding

USA: Gradient, the San-Francisco-based company producing a quiet and efficient alternative to the conventional window AC unit, has received $18m in Series A financing.

Last year, Gradient was selected by the New York City Housing Authority, New York Power Authority, and New York State Energy Research and Development Authority as a winner of the Clean Heat for All Challenge, giving the company an opportunity to accelerate their vision to transform every home to be more comfortable and healthy without compromising the environment.

It also won a seven-year contract for the development and delivery of thousands of cold climate packaged window heat pump units.

The saddle-mount air conditioner is designed so that it does not block the window. A plug-and play-unit, it can be installed by the layman in about 15 minutes, providing the benefits of a heat pump at a fraction of the cost of a split system. 

The $18m Series A funding was co-led by Sustainable Future Ventures and Ajax Strategies with participation by Safar Partners, Climate Tech Circle, Shared Future Fund, At One, Impact Science, and others. 

“We are reimagining the HVAC industry by building products that keep homes comfortable and healthy for the people who inhabit them, without compromising the environment,” said Gradient co-founder and CEO Vince Romanin. “Support from Sustainable Future Ventures will enable us to expand our operations, build new products, and achieve a 95% carbon reduction when our products are used to both heat and cool.”

Related stories:

Gradient rethinks the window air conditioner25 July 2021
USA: A San-Francisco-based start-up company has developed a quiet and efficient heat pump air conditioner to replace the conventional window AC unit without actually blocking the window. Read more…

Latest News

22nd February 2024

Large capacity ULT chiller using neon refrigerant

SOUTH KOREA: Researchers claim to have developed a large capacity ultra-low temperature industrial chiller which, in tests, has achieved a 10kW cooling performance at -100℃.
21st February 2024

CCF publishes election manifesto

UK: In a new manifesto ahead of this year’s general election, the Cold Chain Federation (CCF) is calling for future government’s to take action to recognise the industry’s crucial contributions.
21st February 2024

Sanhua extends expansion valve applications

SPAIN: Sanhua’s SEC HD electric expansion valve controller is now compatible for a variety of applications with 29 commonly used refrigerants, including CO2, hydrocarbons and HFCs. 
20th February 2024

F-gas regulation published in Official Journal

EUROPE: The new F-gas regulation has now been published in the EU’s Official Journal, making it legally binding and entering into force in 20 days.
20th February 2024

Carrier Germany increases heat pump training

GERMANY: Carrier Germany is offering new hydraulics training courses  at its training centre on the IKKE campus in Duisburg to support the growing demand for heat pump expertise. 
20th February 2024

Oceanair acquired by builders’ merchant MKM

UK: Air conditioning and heat pump distributor Oceanair UK has been acquired by MKM, the independent builders’ merchant.