Announced
Completed
Financials
Sources
Tags
Friendly
United States
Production Technology Equipment
Completed
cooling tech
Majority
Private
Single Bidder
Domestic
Acquisition
Synopsis
Goldman Sachs completed the $50m investment in Phononic, a climate friendly cooling tech firm. "The historical refrigerants that had been used for vapor compression systems, they are both toxic and global warming contributors. While the global warming impact had been reduced, refrigerants still had issues with toxicity and flammability," Tony Atti, Phononic Co-founder and CEO.
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