Barocal
Cambridge, United Kingdom
◆ Total Raised
$10M
◆ Stage
seed
◆ Location
Cambridge, United Kingdom
◆ Founded
2019
◆ Team size
1-10
◆ Links
◆ About Barocal
Cambridge spin-out developing refrigerant-free heating and cooling technology.
◆ What sets it apart
Barocal's organic barocaloric materials enable refrigerant-free, solid-state heating and cooling that is up to three times more energy efficient than conventional systems, eliminating high-GWP gases.[1][3]
◆ Sectors
◆ Business
Modelhardware
CustomerHVAC industry, data centers, refrigeration, and home cooling sectors
◆ Notable
- Raised €8.5 million ($10M) seed round in May 2026 led by World Fund and Breakthrough Energy Discovery
- Sole European finalist in the Global Cooling Prize in 2019
- Won $1 million gold TERA-Award in July 2025
- Secured £1.3 million investment in 2022 led by IP Group
◆ Backing funds on Raise
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Barocal do?
Cambridge spin-out developing refrigerant-free heating and cooling technology.
Where is Barocal based?
Barocal is based in Cambridge, United Kingdom, founded in 2019.
How much has Barocal raised?
Barocal has raised $10M in tracked funding and is currently at the seed stage.
Who has invested in Barocal?
Investors in Barocal include World Fund, Breakthrough Energy Discovery, IP Group (Kiko Ventures) and Cambridge Enterprise.