Phononic, a consumer products company reinventing cooling and heating, has secured $44.5 million in Series D funding. The funds will be used to drive sales of the company's solid state solutions in Cold Products and Electronics Cooling, penetrate new market opportunities and expand manufacturing capacity.
Phononic recently introduced its first-of-its-kind refrigeration product line for laboratories, research centers and medical facilities, complementing its residential commercialization efforts.
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Read the full press release here.
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