# Insights & News

## Peltier Technology Announces Oversubscribed Investment Round to Modernize the Global Cold Chain with Applied AI and Solid-State Cooling

Peltier Technology, the deeptech company reinventing refrigeration, today announced the closing of its oversubscribed funding round. Originally seeking to address the critical failures of the 100-year-old cooling industry, the round saw such intense investor demand that founder Hanson Li increased the total allocation to accommodate strategic partners, with the round officially closing yesterday.

[Read More](/content/blog/peltier-technology-announces-oversubscribed-seed-round/index.html)

## Shape the future of cold

Video by phononic

transforming a $250B industry

**Hanson Li**  
CEO

Thanks for your interest in Peltier, we'll be in touch.  
Thank you, the Peltier team will follow up shortly.