ImpactAlpha, August 1 — There should be a word for that feeling when you blast your air conditioner on a hot day and feel guilty about the climate impacts – schadenkühl much? Air conditioners account for 5% of global emissions and demand is spiking amid heat waves around the globe.
Blue Frontier aims to soothe your conscience – and the climate – with units that use a salt solution that can store energy to reduce electricity use by up to 90% and replace traditional refrigerants that are potent greenhouse gasses.
Climate capital
The Boca Raton-based startup raised a $20 million Series A round led by Bill Gates-backed Breakthrough Energy Ventures, the 2150 Urban Tech Sustainability Fund and VoLo Earth Ventures. The building technology provider Modern Niagara also participated in the funding round.
“Blue Frontier’s technology is a game changer for both cooling decarbonization and grid efficiency,” said VoLo Earth’s Kareem Dabbagh.
