Hyper-efficient Air-Conditioning Hardware Company
Nativus is a hardware technology company developing a hyper-efficient air-conditioner for commercial and residential applications in the heating and cooling industry. Current technologies have remained stagnant for decades, receiving only incremental improvements over the past 50 years. However, through our patent-pending technology which combines the heat exchanger surface with a centrifugal fan, it’s theoretically possible to achieve a 10x better overall system efficiency than currently available air conditioners. With the US HVAC market valued at over $20B, we initially plan to target the room a/c market and offer customers an extremely efficient, quiet, lightweight, and stylistic product.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 20, 2020 | Grant | $1M | 1 | National Science Foundation | — | Detail |
Jan 31, 2019 | Grant | $225K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Science Foundation | Yes | Grant |