Phononic Inc logo — One solid state chip, endless possibilities. Rethink cooling...

Phononic Inc

One solid state chip, endless possibilities. Rethink cooling and heating, sustainably.

Founded 2008 United States Durham, United States 128 employees Series H Total: $174.90M Hardware, Industrial +1

General Information

Company Name Phononic Inc
Founded Year 2008
Location United States Durham, United States
Employees 128
Industries Hardware, Industrial, Semiconductor
Funding Stage Series H
Social

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About Phononic Inc

Phononic Inc is a semiconductor startup based in the United States, with a vision to revolutionize cooling and heating sustainably. Founded in 2008, the company's slogan, "One solid state chip, endless possibilities," encapsulates its commitment to pushing the boundaries of solid-state cooling technology. Phononic is disrupting traditional cooling methods, replacing bulky compressors and toxic refrigerants with innovative semiconductor solutions. The company's Series H investment at 11 January 2023 marked a significant milestone, with Triangle Tweener Fund emerging as the latest investor. Phononic’s diverse applications in refrigeration, data transmission, and healthcare make it an attractive prospect for venture capital. Its focus on sustainable and efficient cooling technology aligns with growing environmental consciousness and regulations. Phononic operates in the hardware, industrial, and semiconductor sectors, showcasing its versatility and potential impact across various industries. The startup’s unrivaled approach to solid-state cooling has the potential to enhance the preservation of perishable goods, protect life-saving drugs and vaccines, and improve data transmission reliability. Overall, Phononic's innovative technology, impressive track record, and alignment with sustainability goals make it an appealing investment opportunity for venture capital firms seeking to support groundbreaking advancements in the semiconductor and cooling industries.

Taxonomy: solid-state cooling, semiconductor innovation, sustainable technology, refrigeration disruption, fiber optics cooling, pharmaceutical storage, vaccine preservation, data transmission, food storage technology, beverage cooling, innovative cooling solutions, environmentally friendly technology

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Series H Undisclosed 1
Triangle Tweener Fund
11 Jan 2023
Venture Round $50.00M 1
Goldman Sachs Asset Management
21 Jul 2021
Venture Round $6.00M 1
GGV Capital
02 Apr 2019
Series E $31.00M 10
Venrock, Rex Health Ventures +8
12 Sep 2016
Series D $44.50M 2
Wellcome Trust, Eastward Capital Partners
17 Dec 2014
Series D $4.90M 2
Venrock, Oak Investment Partners
26 Mar 2014
Series C $21.00M 4
Venrock, Oak Investment Partners +2
12 Dec 2013
Series B $5.50M 2
Venrock, Oak Investment Partners
20 Dec 2012
Series B $10.00M 2
Venrock, Oak Investment Partners
23 Feb 2011
Series A $2.00M 1
Venrock
01 Jan 2009

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FAQ About Phononic Inc

One solid state chip, endless possibilities. Rethink cooling and heating, sustainably.
Phononic Inc was founded in 2008.
Phononic Inc is headquartered in Durham, United States.
Phononic Inc operates in Hardware, Industrial and Semiconductor. Its work centres on solid-state cooling, semiconductor innovation, sustainable technology and refrigeration disruption.
Phononic Inc has approximately 128 employees.
Phononic Inc has completed 10 funding rounds, raising a total of $174.90M. The latest funding stage is Series H.
Top alternatives and competitors to Phononic Inc include Green-Y Energy AG, Cymbet Corporation, Crover. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Phononic Inc and Green-Y Energy AG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Phononic Inc, https://bouncewatch.com/company/phononic-inc, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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