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DateInvestorsAmountRound

AUD3.0m

Grant

AUD100k

Grant
*

AUD1.3m

Valuation: AUD11.0m

Angel

AUD500k

Grant
Total FundingAUD4.9m

Recent News about Conry Tech

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More about Conry Tech
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Conry Tech is reinventing air-conditioning to improve comfort and make heating and cooling more sustainable. Founded by industry experts who previously captured 60% global market share with their oil-free compressor, their new breakthrough involves decentralizing HVAC with their BullAnt hyper-efficient smart micro chiller that deliver cooling and heating with precision, for commercial buildings and datacenters, radically reducing energy consumption.

The company's target clients are owners and operators of commercial buildings that require air conditioning, which consumes a significant portion of the world's power.

The business model of Conry Tech is based on the development and sale of innovative air-conditioning systems that are designed to reduce energy consumption and CO2 emissions, improve indoor air quality, and enhance comfort. By doing so, they aim to help buildings achieve higher efficiency standards and move towards net-zero carbon emissions. This approach not only addresses the environmental impact of traditional air-conditioning systems but also the health risks associated with poor indoor air quality and the spread of airborne viruses.

In terms of revenue, Conry Tech makes money by selling their innovative air-conditioning systems to building owners and operators, either through traditional sales channels or via a subscription model they call "Comfort-As-A-Service". The company's value proposition is the potential for significant energy savings and improved indoor air quality, which can lead to lower operating costs and a healthier indoor environment.

Keywords: Green Building, Climate Tech, HVAC, Energy Efficiency, Sustainable Air-Conditioning, Indoor Air Quality, Net-Zero Emissions, Renewable Energy, Carbon Offsets, Energy Conservation, Prop Tech.