NASA Jet Propulsion Laboratory<\/a>, said:<\/p>\n\u201cWe want to push the limits of how small, thin and high heat pump-able our devices can be, which would benefit almost any hardware or industry you can think of from autonomous vehicles and EV batteries, to air conditioning and commercial refrigeration.\u201d<\/p>\n
The company began selling its first products, including quiet, vibration-free refrigerators to the pharmacy, healthcare and life sciences industry. It has more recently expanded to telecommunications media technology.<\/p>\n
Its chips are now used in the fiber lines that bring cable, voice or internet services to the home and office. Specifically, Phononic semiconductors\u00a0cools photonic nodes that generate and transmit data across these lines.<\/p>\n
Atti explained, \u201cThe main impediment you fight when you\u2019re trying to maintain a 100 gigabyte data rate is heat.\u201d<\/p>\n
Besides hiring in sales, marketing and client support, Phononic plans to\u00a0use\u00a0its new funding, for manufacturing, research and product development.<\/p>\n
Atti claims that Phononic\u2019s technology can already make 30% more storage capacity available in a refrigerator to store more inventory versus traditional systems, one reason hospitals and laboratories like units powered by Phononic.<\/p>\n
He also said Phononic-enabled refrigerators are silent, don\u2019t vibrate or rattle, consume less energy, and require less maintenance than traditional models. That\u2019s all thanks to fewer moving parts and the absence of liquid which erodes those parts, Atti explained.<\/p>\n
Phononic is poised to build refrigerators and refrigerated kiosks for use in commercial kitchens, cafeterias and restaurants, next.<\/p>\n
It\u2019s notable that the company was able to raise such a significant amount of Series C funding in the run up to an election. Including the $40 million extension, its Series E round amounts to $71 million.<\/p>\n
GGV\u2019s Jenny Lee, who sits on the board of directors at Phononic, said:<\/p>\n
\u201cCore technology disruption is a multi-year occurrence. Investors in this sector take a long-term approach to investments and are less affected by political climate. For Phononic, what was most important was that the technology works. They have working products which are already being adopted in the market, i.e. market validation.\u201d<\/p>\n
Investors in the extension round included UBS\u2019 wealth management businesses, GGV Capital, Lookout Capital, Eastwood Capital Corp, Venrock, Oak Investment Partners, Tsing Capital, Huaneng Invesco WLRoss, Wellcome Trust and Rex Healthcare Ventures, according to a company statement.<\/p>\n
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Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/didf2-r9-Ok\/<\/p>","protected":false},"excerpt":{"rendered":"
Refrigeration and air conditioning used to require vapor compressors, chemicals like Freon, fans, water chillers or passive heat sinks. But a North Carolina company called Phononic has developed solid state <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-1636","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t
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