Conry Tech, a startup dedicated to revolutionizing air-conditioning, has raised AUD 3 million in seed funding led by Audacy, aiming to develop its innovative BullAnt system while significantly cutting energy costs and emissions.
Target Information
Conry Tech, an innovative startup focused on transforming the air-conditioning industry, has successfully secured AUD 3 million in seed funding, bringing its total funding to AUD 13 million. The company aims to revolutionize air-conditioning systems with its unique product, the BullAnt, designed to reduce energy costs and carbon emissions significantly.
Led by CEO Sam Ringwaldt and CTO Ron Conry, Conry Tech is dedicated to developing cutting-edge technology that eliminates a billion tonnes of CO2 emissions associated with traditional cooling systems. The current investment will facilitate the completion of the BullAnt's development and allow for strategic team expansion ahead of a potential Series A round anticipated for 2026.
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Industry Overview
The air-conditioning industry is witnessing an unprecedented demand for innovation, fueled by rising global temperatures, urbanization, and economic growth, parti
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Audacy
invested in
Conry Tech
in
in a Seed Stage deal
Disclosed details
Transaction Size: $2M