Sept. 23, 2014: Florida Institute Funds Sarasota-based Cool Flow Dynamics
Company’s Retrofit Device Creates a Wall of Fast Moving Air Over Open Refrigerated Display Cases
GAINESVILLE and BOCA RATON, Fla. — The Florida Institute for the Commercialization of Public Research announced that it has finalized a funding agreement with Cool Flow Dynamics, a Sarasota, Florida-based company that is developing an energy efficiency solution for open refrigerated display cases used by food and beverage retailers. The institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions.
Open refrigerated display cases are a major source of wasted energy in the retail sector in the United States, noted Cool Flow Dynamics. In the U.S., convenience and grocery store open case refrigeration costs can make up 35 percent to 55 percent of their total energy consumption. With technologies licensed from the University of Florida, Cool Flow Dynamics is developing what it says is a low-cost, easy-to-install, retrofit “plug and play” device that attaches to the outside of an existing open refrigerated display case.