SureChill, a leader in sustainable refrigeration technology, has secured a strategic equity investment from key partners.
These include Gaia Impact, Sanofi’s Impact Investment Fund, EDFI MC, Chroma Impact Fund, Next54 (CFAO Group VC) and Novastar.
SureChill’s innovative refrigeration systems enable small and medium-sized enterprises to generate additional income by preserving fresh products, while medical centres and clinics can reliably store and dispense vaccines and other temperature-sensitive medicines.
The investment will enable the company to scale its efforts in delivering cooling solutions critical for global health and sustainability.
Additionally, SureChill is being supported by Oikocredit and Hivos-Triodos Fonds with a credit facility aimed at accelerating the deployment of its ‘Cooling as a Service’ model in Kenya and Nigeria, while providing working capital to its distributors.
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“We are thrilled to collaborate with such esteemed partners who share our commitment to sustainable innovation,” said Emilien Di Gennaro, SureChill CEO.
“Together, we are taking concrete steps toward solving critical global challenges related to vaccine preservation, climate change, gender equality, and food security.
“SureChill’s pioneering refrigeration technology, which operates without a constant power supply and without batteries, is set to drive universal access to cooling.”
Additionally, this investment supports the expansion of local commercial, logistical and technical platforms in Sub-Saharan Africa.
After establishing a Kenyan entity in 2020, SureChill has recently set up a new entity in Nigeria.