Calogy Solutions has developed a patent-pending thermal management solution for Li-ion batteries that can cool or heat cells at lower production cost than many current alternatives. The technology aims to improve safety, extend battery life cycle, and reduce the initial cost of electric vehicles by maintaining optimal cell temperatures. The company was founded at the Université de Sherbrooke in 2017 and is based in Sherbrooke. After a successful pre-seed round of $1.2 million, Calogy is accelerating product development and continuing field trials with an industrial partner. Management plans to bring the product to market in 2021, prioritizing the commercial vehicle market before addressing the electric passenger vehicle segment. The company has five employees (four hired as a result of this round), two part-time interns, and plans to hire three more engineering employees next fall.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2020