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Company of the week: Mistbox

Every week, we highlight a company that recently received funding. This week it’s Mistbox, a developer of a hardware device designed to help boost an air conditioner’s efficiency.

Every week, we highlight a company that recently received funding. Across industries, verticals and stages, these startups could impact our daily lives or change the entire world.

About Mistbox

Developer of a hardware device designed to help boost an air conditioner’s efficiency, Mistbox decreases the power consumption of air conditioners by spraying a fine mist to cool the intake air. This dramatically increases the performance and efficiency of the unit, enabling consumers to reduce their electricity bills while improving their air conditioner’s cooling capacity.

Quick stats

Headquarters: Houston, TX
Year founded: 2013
Latest deal amount: $2M
Financing status: Early-stage VC (Series A3)
Investors: TURN8 and SOSV

For more information, check out our Mistbox profile preview.