Fundraising Fox

Infinite Cooling

Malden, US · Founded 2017 · Delaware corporation · 18 employees on LinkedIn · 2 known investors

Infinite Cooling develops patented technology to capture airborne water droplets and improve the efficiency of evaporative cooling systems such as cooling towers, aiming to reduce water use and energy consumption for industrial customers like power plants. Spun out of an MIT lab in 2019, the company builds and tests its products at its manufacturing facility in Massachusetts.

Founders & leadership

Infinite Cooling was founded in 2017 by Maher Damak, Kripa Varanasi, Karim Khalil, and Maher Damak, PhD.

MDMaher Damak
Maher DamakCo-founder
KVKripa Varanasi
Kripa VaranasiCo-founder
KKKarim Khalil
Karim KhalilCo-founder
MDMaher Damak, PhD
Maher Damak, PhDinCEO & Co-FounderMaher Damak holds a PhD in Mechanical Engineering from MIT, where he developed the core technology for Infinite Cooling. He is CEO and co-founder of Infinite Cooling, which develops cooling tower optimization technology, and previously co-founded AgZen, an agricultural waste reduction startup.

Board

CRCARMICHAEL ROBERTS
CARMICHAEL ROBERTSin𝕏Board directorInvestor at Material Impact
JM
JEFFREY MCCARTHYBoard director
PC
PHIL COOPERBoard director
MLMARK LITTLE
MARK LITTLEBoard director

Investors · 2

Funding

SEC filings, press & company announcements

$20.5M disclosed across 3 of 4 rounds · 2019–2026

$5.3MraisedJul 2026 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • MAHER DAMAKExecutive Officer, Director, Promoter
  • KRIPA VARANASIDirector, Promoter
  • CARMICHAEL ROBERTSDirector
  • MARK LITTLEDirector
  • JEFFREY MCCARTHYDirector
  • KARIM KHALILExecutive Officer, Promoter
  • PHIL COOPERDirector
Offering amount
$5.5M
Amount sold
$5.3M
First sale
Jul 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12.2MraisedJun 2021 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Maher DamakExecutive Officer, Director, Promoter
  • Karim KhalilExecutive Officer, Director, Promoter
  • Carmichael RobertsDirector
  • Mark M. LittleDirector
  • Kripa VaranasiExecutive Officer, Director, Promoter
Offering amount
$12.2M
Amount sold
$12.2M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.9MraisedJun 2019 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Karim KhalilExecutive Officer, Director, Promoter
  • Maher DamakExecutive Officer, Director, Promoter
  • Kripa VaranasiExecutive Officer, Director, Promoter
Offering amount
$4M
Amount sold
$2.9M
First sale
Jun 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Infinite Cooling do?
Infinite Cooling develops patented technology to capture airborne water droplets and improve the efficiency of evaporative cooling systems such as cooling towers, aiming to reduce water use and energy consumption for industrial customers like power plants. Spun out of an MIT lab in 2019, the company builds and tests its products at its manufacturing facility in Massachusetts.
Who founded Infinite Cooling?
Infinite Cooling was founded by Maher Damak, Kripa Varanasi, Karim Khalil, Maher Damak, PhD in 2017.
Who are Infinite Cooling's investors?
Infinite Cooling's investors include MassVentures, Material Impact.
How much funding has Infinite Cooling raised?
Infinite Cooling has disclosed $20.5M raised across 3 of its 4 known rounds.
Where is Infinite Cooling headquartered?
Infinite Cooling is headquartered in Malden, US.