On May 8, 2024, Pascal, a start-up developing high-efficiency climate-friendly heat pumps, air conditioners, and refrigerators based on solid refrigerants, introduced its novel technology and announced it has raised an $8 million seed round led by Engine Ventures, with Khosla Ventures and previous investor Blindspot Ventures participating. The funding will be used to productize Pascal’s low pressure, solid refrigerant-based system, conforming to commercial HVAC specifications. The company will also use the capital to expand its Boston-based team of mechanical engineers, chemists, and material scientists. Pascal launched from the Mason Group at Harvard University, a research group led by Jarad Mason in the Department of Chemistry and Chemical Biology that applies the tools of coordination chemistry, materials science, and nanotechnology to design materials that address science challenges in energy and medicine.
Wilson Sonsini Goodrich & Rosati advised Pascal on IP matters related to this transaction. The Wilson Sonsini team includes Adam Cole, Laurence Chen, and Ali Alemozafar.
For more information, please see Pascal's press release.