Towngas
363 Java Road, North Point, Hong Kong Island, Hong Kong
Overview
Founded in 1862, The Hong Kong and China Gas Company Limited (Towngas) was Hong Kong's first public utility. Today, they are one of the largest energy suppliers in Hong Kong, operating with world-class corporate management and leading-edge business practices. For the past years, Towngas has been growing with Hong Kong, evolving from the simple gas company supplying fuel for street lamps to their current leading position in the energy industry in the greater China region.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Energy
- Oil and Gas
Investment portfolio
- i2Cool
Participated · Series A · May 2024
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.
Team
No current team members are available.