Kapsul Secures $400K from Ben Franklin Technology Partners

Kapsul, a Philadelphia, PA-based climate product maker, receives $400k investment from Ben Franklin Technology Partners of Southeastern Pennsylvania.

The company will use the funds to commercialize its technology and home climate product offerings.

Led by Kurt Swanson, founder and CEO, and Chris B. Myers, founder and COO, Kapsul provides climate products across cooling, heating, and air treatment.
The company is to launch the W5, 5,000 BTU window air conditioner, a larger 8,000 BTU version and 50 and 70-pint dehumidifier / humidifiers, which will be followed by portable and split air conditioners and room heaters.
All products are connected to web services and compatible with smart home platforms like Works with Nest, Alexa and Google Now. All carry onboard heat, humidity, energy usage, and ambient light sensors.
Kapsul is a Techstars Boston 2018 company.

FinSMEs

29/05/2018

 

Join the discussion