Phononic Completes $71 Million Growth Equity Financing

November 16, 2016 – 

Phononic, the company revolutionizing cooling and heating with solid-state technology, today announced it has closed a $71 million investment with an additional $40 million in funding from UBS’ wealth management businesses.

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Phononic Raises a Cool $40 Million to Make Quiet, Spacious Refrigerators
Phononic Raises a Cool $40 Million to Make Quiet, Spacious Refrigerators

Refrigeration and air conditioning used to require vapor compressors. But a North Carolina company called P...

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 Fortune.com Term Sheet, November 16th
Fortune.com Term Sheet, November 16th

Phononic, a Durham, N.C.-based provider of solid-state cooling and heating technology, closed a $71 million...