Residential air conditioning is becoming a necessity rather than a luxury. Three billion new residential air conditioning units will be purchased and installed throughout the world by 2050. India and China will account for the majority of this global expansion. Using a novel desiccant material developed at MIT, Transaera is developing an ultra-efficient air conditioning system that will bring comfort to billions of people while reducing the impact on climate and grid infrastructure.
Location: United States, Massachusetts, Somerville
Member count: 1-10
Total raised: $4.5M
Founded date: 2018
Investors 2
| Date | Name | Website |
| - | NOVA | nova-saint... |
| - | Avesta Fun... | avesta.fun... |
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 23.09.2022 | Seed | $4.5M | - | finsmes.co... |
Mentions in press and media 2
| Date | Title | Description | Category | Author | Source |
| 23.09.2022 | Transaera ... | Transaera, a New York-based cl... | USA | - | finsmes.co... |
| 10.08.2022 | The search... | Amid a growing number of heat ... | - | - | vox.com/re... |