i2Cool specializes in electricity-free cooling technology with flagship products iPaint (cooling paint) and iFilm (cooling film). Its iPaint uses polymer blends and inorganic particles and delivers about 95% solar reflectivity alongside strong mid‑infrared emissivity. The company reports deployments in over 100 projects across more than 20 countries and regions, with applications spanning buildings, industry, power & telecom, logistics, grain storage, and photovoltaics. Demonstrated results include a rooftop temperature reduction of up to 30.3°C at Hong Kong’s Gala Place and a 42% monthly air‑conditioning energy cut; Towngas reported up to an 8% increase in PV power generation after coating panels. The R&D team stems from City University of Hong Kong and has spent seven years developing commercial applications; co‑founders include Prof. Edwin Chi‑Yan Tso and CEO Martin Y. Zhu. i2Cool plans to expand internationally (targeting Belt and Road corridors, the Middle East and Southeast Asia), develop next‑generation coatings, thermochromic smart‑window materials, biodegradable cooling textiles, passive pavement materials, and integrate AI for smart building and manufacturing use cases.

Total raised

$13M

Funding rounds

1

Latest round

Series A

Latest activity

May 2024