About Infinite Cooling
Infinite Cooling is a company based in Cambridge (United States) founded in 2017 by Kripa Varanasi, Maher Damak, and Karim Khalil.. Infinite Cooling has raised $16.35 million across 5 funding rounds from investors including Material Impact, America’s Seed Fund and National Science Foundation. The company has 12 employees as of December 31, 2024. Infinite Cooling offers products and services including WaterPanel™ and Cooling Analytics. Infinite Cooling operates in a competitive market with competitors including Genesis Systems, RainMaker WorldWide, Aqua Sciences, Watergen and GENAQ, among others.
- Headquarter Cambridge, United States
- Employees 12 as on 31 Dec, 2024
- Founders Kripa Varanasi, Maher Damak, Karim Khalil
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Infinite Cooling Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.35 M (USD)
in 5 rounds
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Latest Funding Round
$12.35 M (USD), Series A
Jun 25, 2021
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Investors
Material Impact
& 3 more
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Employee Count
12
as on Dec 31, 2024
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Products & Services of Infinite Cooling
Infinite Cooling offers a comprehensive portfolio of products and services, including WaterPanel™ and Cooling Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modular system to capture and recycle water from cooling tower emissions.
AI tools for real-time monitoring and optimization of cooling systems.
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Funding Insights of Infinite Cooling
Infinite Cooling has successfully raised a total of $16.35M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $12.35 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $12.3M
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First Round
First Round
(23 Oct 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series A - Infinite Cooling | Valuation | Material Impact |
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| Aug, 2020 | Amount | Grant - Infinite Cooling | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - Infinite Cooling | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Infinite Cooling
Infinite Cooling has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Material Impact, America’s Seed Fund and National Science Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund backed by the US Government
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Venture capital firm investing in and building material science companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Infinite Cooling
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Infinite Cooling
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Infinite Cooling Comparisons
Competitors of Infinite Cooling
Infinite Cooling operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Genesis Systems, RainMaker WorldWide, Aqua Sciences, Watergen and GENAQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Atmospheric water generators are manufactured for residential and industrial uses.
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| domain | founded_year | HQ Location |
Wind-powered air-to-water systems are developed for water production.
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| domain | founded_year | HQ Location |
Atmospheric air to water generators are developed and manufactured.
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| domain | founded_year | HQ Location |
Potable water is generated from atmospheric air by Watergen.
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| domain | founded_year | HQ Location |
Manufacturer of atmospheric water generators producing potable water
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Infinite Cooling
When was Infinite Cooling founded?
Infinite Cooling was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Infinite Cooling located?
Infinite Cooling is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Infinite Cooling?
Maher Damak is the current CEO of Infinite Cooling. They have also founded this company.
Is Infinite Cooling a funded company?
Infinite Cooling is a funded company, having raised a total of $16.35M across 5 funding rounds to date. The company's 1st funding round was a Grant of $225K, raised on Oct 23, 2018.
How many employees does Infinite Cooling have?
As of Dec 31, 2024, the latest employee count at Infinite Cooling is 12.
What does Infinite Cooling do?
Infinite Cooling was founded in 2017 in Cambridge, United States. Patent-pending technology for extracting water from cooling tower plumes is being developed. Reductions in plume visibility by 100 and in freshwater use by 20-30 are claimed for a 600-megawatt power plant. Focus is placed on the energy and water conservation sector, with operations centered in the U.S. Co-founders include Kripa Varanasi, Maher Damak as CEO, and Karim Khalil.
Who are the top competitors of Infinite Cooling?
Infinite Cooling's top competitors include RainMaker WorldWide, Genesis Systems and Aqua Sciences.
What products or services does Infinite Cooling offer?
Infinite Cooling offers WaterPanel™ and Cooling Analytics.
Who are Infinite Cooling's investors?
Infinite Cooling has 4 investors. Key investors include Material Impact, America’s Seed Fund, National Science Foundation, and MassChallenge.