Inficold, a startup that provides cold storage solutions, raised $900K in a funding round from RVCF and other undisclosed HNIs as a part of its Pre-Series A funding round. With installations in more than 17 states of India, it has a strong presence in northeastern states.
Claims to have developed a retrofittable thermal energy storage technology for storing cooling in a low-cost medium such as water to ice. The technology is designed to use solar electric energy to make ice, and later use it for cooling purposes. Inficold’s products enable the application of thermal storage for virtually any cooling needs be it milk, cold storage, air conditioning, and vaccine refrigeration instead of any major modifications to existing cooling hardware.