Photo from Towngas

Towngas backs i2Cool to boost product development and expansion

i2Cool’s products are being used in over 100 projects worldwide.

The Hong Kong and China Gas Company Limited (Towngas) announced its participation in the Series A funding round for i2Cool, which is an energy-saving new materials company behind the “electricity-free cooling technology.”

Towngas said the funding is expected to help i2Cool advance its technology and product development, and tap global markets.

The “electricity-free cooling technology” project was awarded the Gold Award in the second TERA-Award Competition.

i2Cool’s core products include electricity-free cooling coatings and films, which have been integrated in over 100 projects worldwide, including the Chinese mainland, Hong Kong, Macau, Southeast Asia, the Middle East, Europe, and the United States. These products have been used in different fields such as construction, chemical engineering, power-line communication, new energy, logistics, grain storage, and photovoltaics. 

The company is also building an electricity- free cooling ecosystem to accelerate the commercialisation of products such as cooling ceramics, temperature-controlled textiles, and automotive paints.

ALSO READ: Government extends Green and Sustainable Finance Grant Scheme to 2027

“In the future, with the support of new and existing shareholders such as Towngas, i2Cool will continue to focus on the research, development, and application of the electricity-free cooling technology, providing efficient and energy saving comprehensive cooling solutions to contribute to the promotion of low-carbon development globally,” i2Cool co-founder and CEO Martina Zhu Yihao said. 

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!