Cottonwood Technology Fund, a high-tech investor in startups from the Southwest of the United States, Northern Europe, and the Netherlands has announced a € 1M investment in the Dutch startup Sound Energy. The Enschede-based company has designed technology for cooling buildings without the use of electricity or gas.
Becoming the worldwide market leader
Sound Energy is a young company that aims to be a disruptive force in the space – and process cooling industry. It is their goal to become the worldwide market leader of thermo-acoustics cooling, in order to shake up the industry. Also, cutting down on fossil energy consumption is one of Sound Energy’s top priorities. The patented Thermo Acoustic technology allows the startup to convert the heat of solar – or industrial waste directly into useable cooling without the use of electric power, toxic refrigerants or moving parts and at a much lower cost.