Kapsul Secures $400,000 Investment from Ben Franklin Technology…

The Kapsul W5 Connected Window Air Conditioner

Our prophesy is to change a home meridian marketplace one room during a time starting with a window atmosphere conditioner and we need investors who know and support that prophesy — Ben Franklin is that kind of partner. —Kurt Swanson, owner CEO

Kapsul receives $400,000 investment from Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) to serve commercialize Kapsul’s record and home meridian product offerings.

Kurt Swanson, owner and CEO of Kapsul says, “It’s unusually critical for us to have a support of a informal funder as distinguished as Ben Franklin. Our prophesy is to change a home meridian marketplace one room during a time starting with a window atmosphere conditioner and we need investors who know and support that prophesy — Ben Franklin is that kind of partner.”

Ben Franklin Technology Partners is famous as a inhabitant personality in technology-based mercantile growth and was ranked as a top-10 try collateral organisation national by Entrepreneur Magazine. Ben Franklin has also been famous by a International Economic Development Council and a U.S. Department of Commerce for value in technology-based mercantile development.

Chris B. Myers, owner and COO, combined a startup is formulation on formulating new jobs this year. “We’re building Kapsul as a Pennsylvania association and we’re formulating high ability jobs for engineers and Internet professionals in a city of Philadelphia,” Myers says. “This offers a ideal fit for Ben Franklin’s concentration on informal mercantile development. We only hired a village manager and have a full-time group of 7 in a core city Philadelphia office. Now we are in a routine of employing a selling manager and devise to double a full-time staff by a finish of a year.”

Mark DeGrandpre, Ben Franklin’s Director of Investments, remarkable that “Intriguing opportunities arise when companies move novel, diversion changing innovations to staid, mature industries. Kapsul has finished only that in a margin of home meridian starting with their atmosphere conditioner. we trust Kapsul is staid to turn a truly good company, and we are gay to acquire them to a Ben Franklin portfolio of investments.”

About Kapsul

Kapsul’s goal is to reinvent a home meridian marketplace worldwide with beautifully designed products that users adore while delivering improved opening to both particular users and a grid. Kapsul will make a operation of reward products opposite cooling, heating, and atmosphere treatment. Soon to marketplace are a W5, 5,000 BTU window atmosphere conditioner, a incomparable 8,000 BTU chronicle and 50 and 70-pint dehumidifier / humidifiers. On a growth roadmap are unstable and separate atmosphere conditioners and room heaters. All Kapsul products are connected to web services and concordant with renouned intelligent home platforms like Works with Nest, Alexa and Google Now. All lift onboard heat, humidity, appetite usage, and ambient light sensors. Kapsul is a Techstars Boston 2018 association and formed in Philly. Kapsul is a code name of Premium Home Comfort Inc. Learn some-more during http://www.kapsulair.com

About Ben Franklin Technology Partners

Ben Franklin Technology Partners of Southeastern Pennsylvania is a many active early theatre collateral provider for a region’s record sectors. Ben Franklin combines best practices of try collateral with a idealistic purpose: heading a region’s record village to new heights, formulating jobs and changing lives for a better. Ben Franklin is an beginning of a Pennsylvania Department of Community and Economic Development and is saved by a Ben Franklin Technology Development Authority. http://www.sep.benfranklin.org

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