How Much Did Transaera Raise? Funding & Key Investors

Date August 22, 2025
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Transaera

COMPANY INFO

Transaera, Inc. is a privately held HVAC and Refrigeration Equipment Manufacturing company founded in 2017. The company was co-founded by Sorin Grama (CEO), Mircea Dinca (CS), and Ross Bonner (CTO). It is headquartered in Somerville, Massachusetts, and has between 2 to 10 employees. Transaera develops affordable, energy-efficient, and sustainable cooling systems aimed at bringing comfort to billions of people while reducing the impact on climate and grid infrastructure. Their official website is https://transaera.com.

How Much Did Transaera, Inc. Raise? Funding & Rounds and Investors

Transaera, Inc. is a pioneering company in the electrical equipment sector, founded in 2017 and headquartered in Somerville, Massachusetts, United States. Operating with a dynamic team of 12 employees, Transaera, Inc. is dedicated to developing affordable, energy-efficient, and sustainable cooling systems. These innovative solutions are designed to deliver comfort to billions of people worldwide while significantly reducing impact on climate and grid infrastructure.

Transaera, Inc. funding has accelerated its rapid growth in the climate-tech industry. Since its founding, the company has secured a total of $12.8M over 6 funding rounds, showcasing a pattern of strategic investment from both government grants and leading venture capital partners. The company’s funding strategy demonstrates a robust approach, balancing grant-based research support with equity investment to drive technology development, scale productization, and enter commercial markets. Their most recent funding milestones include significant seed rounds and multiple competitive grants, paving the way for the expansion of their energy-saving HVAC technologies.

Funding Rounds

Incubator/Accelerator - II - $0.25M - November 20, 2024

This round provided incubator funding from Wells Fargo Innovation Incubator, supporting continued growth and company development.

Grant (prize money) - $2.3M - November 4, 2024

Transaera, Inc. received a $2.3M grant from the U.S. Department of Energy (DOE), dedicated to advancing technology development and fostering innovation in sustainable cooling solutions.

Seed - $8.2M - October 17, 2024

This seed round was led by prominent climate-tech investors, including Clean Energy Ventures and Energy Impact Partners, aimed at accelerating product development and expanding into new markets.

Seed - $4.5M - July 18, 2022

With participation from Carrier and MassCEC, this seed round fueled early company growth, enabling key technology advancements and initial market traction.

Seed - $100K - October 13, 2020

An initial seed investment from MassCEC to support the launch and development of Transaera, Inc.’s proprietary HVAC technology.

Grant (prize money) - $765K - May 1, 2020

America’s Seed Fund awarded a grant to support early-stage research and prototype development for Transaera’s climate control innovations.

Key Investors

DOE (Department of Energy)

A leading government body providing critical grant and prize funding to stimulate innovation and advance sustainable energy solutions at Transaera, Inc.

Clean Energy Ventures

As a core venture capital partner, Clean Energy Ventures plays a pivotal role in Transaera, Inc. funding rounds, driving seed investments and technology scale-up initiatives.

Energy Impact Partners

A major climate-tech investment firm contributing to the seed round, Energy Impact Partners supports Transaera, Inc. in market adoption and strategic growth.

MassMutual Ventures

Noted for backing innovative startups, MassMutual Ventures participates as a key investor, accelerating commercialization of Transaera’s technologies.

Carrier

As an industry leader in HVAC and refrigeration, Carrier’s investment brings not only capital but also deep industry expertise and potential strategic partnerships.

MassCEC

The Massachusetts Clean Energy Center (MassCEC) is a consistent supporter of Transaera, Inc., investing in multiple seed rounds to boost clean energy technology development.

America’s Seed Fund

Providing key early-stage grant funding, America’s Seed Fund has enabled Transaera to advance R&D and bring their membrane-based systems closer to market.

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