The University of Cambridge Barocal has provided an investment of £ 1.3 million to help commercialize its refrigeration technology designed to reduce global carbon emissions.
The latest funding was headed by the IP Group, which funds companies working to address some of the world’s most notable problems.
Cambridge Enterprise, a commercialization division of Cambridge University, also participated in the funding.
Barocal developed its zero-carbon refrigeration technology based on research at Cambridge University. The Cambridge division is working on the commercialization of barocaloric cooling technology, which is expected to meet the requirements of low-carbon cooling.
Instead of using refrigerants with high global warming potential, Barocal uses new solid-state materials that change temperature.
These solid organic materials emit and absorb heat at different pressures as their volume changes.
They are also advertised as more environmentally friendly as they are easy to recycle when they reach the end of life.
Barocal co-founder Dr Xavier Moya said: “As the technology also works in heating applications, Cambridge University now plans to explore the potential of its breakthrough for domestic and commercial heating systems – to provide cost-effective and efficient heating systems. an alternative to an expensive heat pump with an air source ”.
Back in 2019 at the Global Cooling Prize Barocal was the only European finalist. The technology used by Barocal began as a joint project of the Department of Materials and Metallurgy of the University of Cambridge, the Polytechnic University of Catalonia and the University of Barcelona.
The startup is licensed to use technology from Cambridge Enterprise.
Barocal startup in the field of refrigeration technology without carbon production worth 1.3 million pounds
Source link Barocal startup in the field of refrigeration technology without carbon production worth 1.3 million pounds