Gradient, a company specializing in eco-friendly heating and cooling solutions, has raised $18 million in a Series A funding round. The round was led by Sustainable Future Ventures and Ajax Strategies and included participation from Safar Partners, Climate Tech Circle, Shared Future Fund, At One, Impact Science, and others. The funds will be used to design and develop Gradient’s second product, window heat pump units, and accelerate decarbonization efforts, with a focus on multi-family homes. Gradient’s CEO, Vince Romanin, said the company’s mission is to “reimagine the HVAC industry by building products that keep homes comfortable and healthy for the people who inhabit them, without compromising the environment.”
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