July 21 - 10:07
9D
Phononic gets $50m from Goldman Sachs
A company which uses semiconductors to efficiently run cooling appliances like air conditioning units and fridges has raised $50m in funding from Goldman Sachs. Phononic's technology could replace the damaging chemicals that are widely used. The company, which is now said to be worth in excess of $500m, will use the cash to increase manufacturing and to explore new markets.
> Tweets

No Tweets yet..