Rebound Technologies develops a supply chain solution that empowers food and beverage manufacturers to optimize production.
Rebound Technology is rethinking refrigeration through tailored, thermally-driven heat pump architectures that provide efficient, practical, and cost-effective global solutions. Its tailored development approach enables dramatic improvement over the one-size-fits-all, state-of-the-art by utilizing renewable resources, waste heat capture, energy storage, and simple, low-cost construction. Rebound is currently developing two unique and potentially transformative technologies. IcePoint is a refrigeration cycle with embedded thermal energy storage, designed to save supermarkets 60% on their low-temperature cooling costs. SunChill is an ultra-low-temperature thermal cycle, designed for developing world agricultural applications, to convert 50C solar thermal energy into 10C refrigeration using locally sourced materials. Each technology represents a departure from the one-size-fits-all energy approach of the 20th century and instead focuses on tailored technologies that solve smaller problems better. This path reduces the cost of renewable/efficient systems by at an order of magnitude while at the same time growing self-sustaining businesses that create jobs without reliance on government incentives. It is currently funded by US Federal Government research grants.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 6, 2018 | Grant | $475K | 1 | National Science Foundation | — | Detail |
Jul 20, 2017 | Seed | $1.20M | 2 | — | — | Detail |
Jun 30, 2014 | Grant | $141.50K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Science Foundation | Yes | Grant |
K2 Wind Foundation | — | Seed |
The Casey and Family Foundation | — | Seed |