Blue Frontier, the leading innovator in ultra-efficient sustainable air conditioning technology, announced today that it has raised a $20 million Series A equity investment led by Bill Gates-founded Breakthrough Energy Ventures, 2150 Urban Tech Sustainability Fund and VoLo Earth Ventures. Blue Frontier's commercialization partner, Modern Niagara, also participated in the funding round. The Series A financing will accelerate Blue Frontier's ability to bring its product to market, thereby helping to propel the company towards its goal of creating gigaton reductions in greenhouse gas emissions by decarbonizing building cooling.

Blue Frontier is revolutionizing air conditioning for commercial buildings. The company is the developer of patented solutions for hyper-efficient comfort space conditioning, low-cost energy storage, and smart IoT controls to aggregate its air conditioners as distributed energy resources for use as a Utility-Managed Virtual Power Plant. Blue Frontier's first product addresses the 5 through 10-ton commercial packaged rooftop air conditioner market with a drop-in replacement offered under an HVAC-as-a-Service subscription-based business model.