Heat Reduction Architecture
Natural Cooling
Season 3 Episode 44
| Brand | CoolAnt |
| Company Name | CoolAnt |
| Founders | Siripurapu Monish Kumar |
| Original Ask | 90 lakhs for 1% equity at the valuation of Rs. 90 crores |
| Deal | 75 lakhs for 5% equity at the valuation of Rs. 15 crores and 75 lakhs debt at 10% interest for 3 years |
About the Product
Coolants’ AeroLeaf™ facade represents a significant advancement in sustainable building design, offering a range of benefits that can make a substantial difference in thermal comfort, energy savings, and environmental impact. Their Aerfoil facade has been engineered to enhance thermal comfort and energy efficiency by providing natural cooling solutions tailored to each client’s unique needs. With the AeroLeaf™ Facade, clients can experience a ‘natural’ temperature drop of up to 15%, significantly improving indoor comfort levels while reducing the need for artificial cooling systems. Additionally, the AeroLeaf™ Facade offers the potential for capital savings of up to 22%, making it a cost-effective solution for sustainable building design.
By incorporating the AeroLeaf™ Facade into their buildings, clients can also make significant strides towards reducing their carbon footprint and achieving net-zero energy consumption. This aligns with Coolants’ commitment to environmental sustainability and their efforts to promote green building practices. Coolants offers a comprehensive range of services to support the implementation of the AeroLeaf™ Facade, including design, build, and supply. Their team of experts is equipped to tailor solutions to meet each client’s specific requirements, ensuring that the AeroLeaf™ Facade is seamlessly integrated into their building design.
Whether clients are seeking natural cooling solutions that are unique to their building design or require assistance in implementing the AeroLeaf™ Facade, Coolants is ready to assist. Their team of professionals, affectionately referred to as “Thinking Ants,” is dedicated to providing personalized support and guidance every step of the way. With Coolants’ AeroLeaf™ Facade, clients have the opportunity to harness the power of natural cooling in their own style. Whether they choose to design, build, or supply the AeroLeaf™ Facade themselves, Coolants ensures that each solution is refined and customized to meet their needs, offering a sustainable and effective solution for modern building design.
Founders & their story
- Siripurapu Monish Kumar
CoolAnt offers a natural and biomimetic cooling solution designed to be installed on building facades, functioning as an eco-friendly cooling system. With the potential to reduce air conditioning loads in buildings by 30-70%, it serves as an effective cooling alternative. Their solution is versatile, applicable for installation in various settings such as homes, schools, and institutions, and can be customized to suit specific needs and local climatic conditions. With 30 installations already in place, CoolAnt commenced operations in 2015. Noteworthy features include its function as a shading device, with adjustable spacing to accommodate the angle and orientation of the sun, while also providing ventilation. Ongoing lab testing ensures continuous refinement and improvement of their product. Engaging in contract manufacturing, the founder of CoolAnt also runs an architecture practice, further showcasing their expertise in the field.
About the company
Coolants is dedicated to helping buildings #beattheheat while addressing the pressing environmental challenges posed by plastic pollution and harmful emissions contributing to climate change. Recognizing the urgent need for cooling solutions that minimize their impact on the planet, Coolants aims to approach thermal comfort holistically, considering the complete lifecycle of their products and their long-term implications for civilization.
One of the common issues with existing cooling products is their lack of consideration for environmental sustainability throughout their lifecycle. Coolants seeks to address this by carefully designing their processes to minimize environmental impact during manufacturing, usage, and after the product’s lifecycle. By leveraging traditional systems and integrating modern advancements in material science and technology, they aim to unlock the potential for sustainable cooling solutions. Inspired by the sophisticated and climatically sensitive structures created by ants, Coolants aspires to provide the world with CoolAnt, a simple yet effective cooling solution made from earth-derived materials. Their focus on solutions such as building envelope cooling and personal cooling reflects their commitment to pioneering game-changing innovations for future generations.
Coolants recognizes the scale of the challenge ahead, with projections indicating a significant increase in the demand for air conditioners by 2050, accompanied by alarming levels of CO2 emissions and plastic waste production. By addressing these challenges head-on, Coolants aims to reduce the environmental footprint of cooling technologies and contribute to cooling the Earth using Earth-friendly solutions.
Revenue
In fiscal year 2023-2024, as of November, their gross sales amounted to Rs 1.1 crores, while net sales stood at 84 lakhs. Projections for the full fiscal year 2023-2024 indicate anticipated sales of 2 crores, with a projected burn of 20 lakhs. Their current order book totals 2.8 crores.
Founders’ Ask
90 lakhs for 1% equity at the valuation of Rs. 90 crores.
Offers
Ritesh’s offer: 75 lakhs for 5% equity at the valuation of Rs. 15 crores and 75 lakhs debt at 10% interest for 3 years.
Final Deal
Ritesh: 75 lakhs for 5% equity at the valuation of Rs. 15 crores and 75 lakhs debt at 10% interest for 3 years.