Firechill Secures Further Funding

FireChill, the green cooling and heating company, with the help of its UK manufacturing partner, Newburgh Engineering, has secured a further round of development funding. The money will support the continued expansion of its base technology and provide a bridge to future commercialisation.

Simon Clothier, CEO commented “This money is a welcome boost for FireChill and gives the team the opportunity to take its ground-breaking cooling and heating technology to the next stage. We will use the money to build further test units and place them across the globe in challenging operating environments. This process has already commenced and early indications from Test Partner ecOenergy of the Dominican Republic are extremely promising.

He continued; “In house testing of the products under development point to a step change in performance and it is exciting that we are now able to develop them further. Having secured this interim step, our next mission is to secure a significant level of funding to expand the integrated family of FireChill products and bring them to market via a global manufacturing and distributor network.” “We have received a promising initial response and, based on conversations thus far, there is serious interest amongst a number of international organisations. The key to unlocking the opportunity is a vision for the future, a properly funded Technology Roadmap, fully-tested product and a receptive market.”

Vince Middleton Managing Director of Newburgh Engineering further commented “We are strong advocates of the FireChill technology and believe it has a bright future which is why we have chosen to continue to invest our time, money and resource. We are very happy with the development progress of the product, have a well-defined programme of work and are looking forward to shipping further test units into the field. We are confident Simon and the team will be able to secure the next funding round and very much look forward to what that means for FireChill”