Evercloak

About Evercloak

Evercloak Inc. is an advanced materials company, spun out from the University of Waterloo in 2018, that is positioned to address the significant energy consumption of conventional cooling systems. The firm was co-founded by Evelyn Allen, the CEO, and Dr. Michael Pope, who serves as the Scientific Advisor. Allen possesses over 15 years of experience in the cleantech sector, spanning engineering and business development, which has been instrumental in navigating the innovation and funding landscape. Her motivation to create a greater environmental impact led her to license the core technology from the University of Waterloo, a technology originally developed by Dr. Pope, an expert in 2D nanomaterials.

The company's core business revolves around a proprietary manufacturing platform for producing large-area, continuous nanofilms from materials like graphene and carbon nanotubes. This roll-to-roll coating process is designed for low energy consumption and minimal waste, enabling the cost-effective production of these advanced materials, which was previously a significant commercial barrier. The business model is centered on developing and supplying these specialized membranes to partners, initially targeting the industrial and commercial HVAC sectors. Evercloak is actively collaborating with HVAC manufacturers to integrate its technology into their systems, aiming for rapid global deployment.

Evercloak's primary product is an ultra-thin, graphene-based membrane designed for dehumidification. Traditional air conditioning systems expend a large amount of energy to cool air to the point of condensation to remove water vapor. Evercloak's membrane offers a more efficient two-stage process: it first selectively separates water molecules from the air with very little energy, and then the remaining dry air is cooled. This approach has the potential to reduce the energy required for air conditioning by over 50%. The company has successfully completed field trials of demonstration units and is preparing to bring the solution to market. While the initial focus is on dehumidification for commercial, industrial, and residential buildings, the underlying technology has a broad range of potential applications, including water purification, energy storage, and smart packaging.