SureChill secures strategic investment from Gaia Impact and other partners to expand sustainable cooling solutions
The strategic equity investment and credit facilities will scale the deployment of cold chain solutions in emerging markets.
SureChill develops sustainable and off-grid refrigeration technology designed for temperature-sensitive storage in emerging markets. The company provides eco-friendly cooling solutions for healthcare and commercial use.
SureChill has secured strategic equity investment from a consortium of backers to scale its sustainable cold chain solutions in emerging markets. The funding round includes participation from Gaia Impact, Sanofi Impact Investment Fund, EDFI MC, Chroma Impact Fund, Next54, and Novastar. The capital will support the company as it expands its footprint in developing regions and accelerates the deployment of its innovative cooling systems. Alongside the equity raise, the company received credit facilities from Oikocredit and Hivos-Triodos Fonds to bolster operations and distribution capabilities in key African markets.
Use of funds
- 01Expand into international markets
- 02Scale operations
Investors
Gaia Impact
Sanofi Impact Investment Fund
EDFI Management Company
Chroma Impact Fund
Next54
Novastar
Oikocredit
Hivos-Triodos Fonds