After two previous successful applications, the High Tech Fund has again awarded additional funding to Cooll. This allows further expansion of the production capacity for the heat pump core. In addition, a budget will also be made available to build endurance test setups, with which the long-term stability of the technology can be demonstrated. These developments are crucial to be able to scale up the production of the devices and to guarantee reliability for the end user. A new, important step to continue the growth of Cooll!
The High Tech Fund enables (starting) entrepreneurs to grow by leasing expensive high-tech production equipment, which often cannot be financed through investors or banks.
“Cooll fits in well with the objective of High Tech Fund. Their energy-saving and therefore sustainable heating solution is based on knowledge-intensive, high-quality technology. We are proud to be able to help a company like Cooll in this phase by financing the production equipment, which is the technological heart of this company,” said Remon van der Woude, High Tech Fund manager.