Camfridge welcomes the decision of an independent panel of the Henry Royce Institute Industrial Collaboration Programme to award funding for our project “NetZero Refrigeration With Advanced Magnetocalorics (NRAM)”. Camfridge will work with Imperial College on this project.

 “We are very pleased that such a prestigious institute decided to support both Camfridge and Imperial College” says Neil Wilson, CEO of Camfridge. “In 2021 the same Institute released a study about the state of development of solid-state cooling technologies. Magnetic refrigeration stood out as the only cooling technology able to impact Net-Zero within the timeframe of the Paris Agreement. This additional funding will help to accelerate our time to market”.

Camfridge was invited to attend the event “Delivering Net-Zero Together” hosted by Ambassador Martin Shearman (in the photo addressing the participants) at the British Residence in Brussels on Nov. 8^th 2022. We had very great meetings and opportunities to present and promote the Net Zero cooling solutions by Camfridge to highly qualified audiences.

Achieving NetZero by 2050 is major societal challenge. The UN's International Energy Agency predicts that the number of cooling appliances will grow from 3.6 billion today, to ~12.5 billion by 2050 and Masanori Togawa, the CEO of Daikin Industries stated that to achieve Net Zero goals "a whole other level of innovation and technological advancements" are needed. Our revolutionary new cooling technology is cost-competitive and eliminates refrigerant gases, delivers energy efficiency and by being circularly recyclable reduces waste.

As you can see from the video we are delivering on this vision:

https://youtu.be/gB6wqRfIxNQ

The October 23^rd - 28^th 2019  Roadshow of Camfridge technology in the Zhejang Province was a great occasion to present the revolutionary “cooling hub” concept that delivers “cooling where and when it is needed” during three  events attended by highly qualified public composed of Chinese officials, investors, companies, entrepreneurs, and experts.

“I would like to thank the Foreign the Experts Bureau of Zhejiang Province, the Talents Office of Shaoxing Municipal Committee, the Science and Technology Bureau of Shaoxing (Foreign Experts Bureau), the Keqiao District Committee of Shaoxing City and the People's Government of Keqiao District for making this great opportunity possible,” said Alessandro Pastore, Executive Director Business Development of Camfridge “China is a key market for Camfridge’s technology and the fact that  during one event in Keqiao over 500.000 people followed  through live-streaming is another important step towards the consolidation of long term relationships with major actors in the Chinese market”.

Innovate UK, as part of UK Research and Innovation, will be offering a grant for the £1.7M project titled “Transforming home refrigeration with efficient and flexible magnetic cooling” led by Camfridge Ltd. with Imperial College as scientific partner.
“This grant is recognition that Camfridge is the leader in magnetic cooling, a game changing new technology that will transform cooling in the kitchen and drive a step change in appliance energy efficiency” said Neil Wilson, CEO of Camfridge, adding, “I would like to thank the Camfridge team, our partners and all those who have supported us”.

“By exploiting the major advantages of this technology we can deliver on-demand cooling and distributed cooling which will completely redefine the concept of the home domestic fridge – it is going to usher in a cold-appliance revolution” said Dr Alessandro Pastore, Executive director Business development, adding “this is also an environmental product, being hugely more energy efficient, completely gas-free and easy to recycle”.

During the three days of the Grand Renewable Energy 2018 International Exhibition in Yokohama, Japan, dozens of Japanese companies’ representatives had the opportunity to see and to discuss Camfridge’s advanced magnetic cooling solutions using third generation magnetocaloric materials. “Japan is a very competitive market and innovation plays a fundamental role for successful companies. This is the reason why the new opportunities offered by Camfridge’s solutions were very well received. What the visitors praised the most was the unrivalled compactness of our technology and the new and innovative uses to which it can be put” said Alessandro Pastore, executive vice President Business Development “The interest was so high that we subsequently decided to install a team in Tokyo who will now be in charge of follow-on. By uniting forces with the right Japanese partners, the first appliances could reach the market soon.” Camfridge was selected by the European Commission to represent the best European green technology companies in the European Commission Pavillon. The “EU-Gateway to Japan” program funded partially the business mission and ensured successful engagement with the Japanese companies.

Alessandro Pastore was invited to give a keynote speech on Camfridge to the Venture Tianfu-JingRong Innovation Sharing seminar during the 2018 Chengdu Global Innovation and Entrepreneurship Fair in the city of Chengdu, China on May 18th 2018.
During the opening ceremony the Chengdu Mayor, Mr. Luo Qiang, told that the local government “is promoting innovation-driven development strategy via the transformation and upgrading of industries”. Also, Prof Yao Yang, Dean of the National School of Development, Peking University, outlined in his speech how this policy is “in line with the 2016 change in national economy policy, which stimulates companies to invest in innovation and acquisition of new technologies.”
“I really thank the organisers for having invited me to present Camfridge and its revolutionary cooling technology to a select Chinese audience” said Alessandro “I had the opportunity to talk with many innovative companies during the three days of the Fair and I was really impressed by the determination of the local government to support young and innovative companies relocation.”

On January 18th 2018 at the Beko R&D Centre in Cambridge the representatives of Camfridge, Beko R&D and Imperial College, i.e. the three partners of the Innovate UK funded 30-month project IMPCOT  (IMProving magnetic COoling  Technology), had their mid-project review meeting with Graham Dibb the monitor officer of the project and  Michael Priestnall the Lead Technologist of Energy Catalyst. The results achieved during the last quarter were presented and discussed as a well as the next milestones agreed. “It is a pretty solid and good plan” said Graham Dibb at the end of the meeting. “The great collaboration spirit among the participants is the key element for success of the project that made possible, so far, to achieve all the milestones” added Neil Wilson the CEO of Camfridge. 

Neil Wilson was invited to present the latest Camfridge Development at the International Symposium on Room Temperature Magnetic Refrigeration Technology and The Development, held in Baotou, China, on 5th-7th September 2017. The event was organized by the Baotou Research Institute of Rare Earth and the Baotou Iron & Steel (Group) Co. “The Baotou region is the global greatest source of rare-earth metals thanks to the presence of big mines and the refinement of the same industry. It was a great opportunity for Camfridge to present the future Company plans based on the latest technical achievements. “said Dr. Neil Wilson managing director of Camfridge “The Symposium was an excellent opportunity to strengthening the links with Chinese companies both from supply side and future customers side. Camfridge is well known and respected in China. All the persons I met were aware of the recent definitive approval by the State Intellectual Property Office of China (SIPO) of the extension of the Camfridge’s patent protection to China. I would like to thank the organiser, Prof. Jiaohong HUANG, for having invited Camfridge and offered such a great hospitality.”

On January 30th 2017 Camfridge completed its planned capital increase, achieving a fully-subscribed funding round at the maximum target level. This new capital will enable the resources needed to implement the Camfridge business plan in the years to come. “We are delighted at the overwhelmingly response from our current and new investors. They have allowed us to achieve a fully subscribed funding round. Unfortunately I have had to turn a few investors away, such was the enthusiasm for our business proposition”, said Neil Wilson CEO of Camfridge, adding “Over the last few months we have had the opportunity to present our business plan to a wide audience, and today's great result is a testament to Camfridge and its technology; now we can move forward with increased momentum and achieve our goals".

On December 31st the 3-year EU FP7 project ELICiT (Environmentally Low Impact Cooling Technology - elicit-project.eu) ended.  During the project Whirlpool had the possibility to evaluate the magnetic cooling engine integrated with all the optimized technologies on a in production appliance cabinet (Model RE155A ). Whirlpool stated that the success of the project “is extremely important as it reduces the gap between the research and the production phases”.
The cabinet net volume of 142 dm3 was entirely preserved thanks to the Camfridge compact magnetic cooling machine which can be fitted in the cavity at the back of the fridge.
The under-test prototype was also visited in December by Wanda Gaj, Research Programme Officer, DG Research & Innovation of the European Commission and Project officer of the ELICiT project who congratulated all the partners for the great achievements bringing closer to market this high efficient technology.
“Camfridge’s mission is not to show a one-off prototype but to develop all the processes necessary to ensure that a mass market, such as the domestic refrigerators market is, can become a reality when high market demand will be there” said Neil Wilson CEO of Camfridge, adding “On the back of the success of this project we expect to generate service revenue growth in 2017”.

The recent Kigali Agreement, that will regulate the phase out of harmful HFCs gases globally, created the opportunity to talk about Camfridge's magnetically cooled domestic refrigerator on Friday 14^th October 2016 during the daily RAI Science and Technology broadcast “TG Leonardo”. Alessandro Pastore VP Business Development at Camfridge was interviewed. Under the title “The challenge to domestic refrigeration” (“sfida ai frigoriferi” in Italian) Alessandro presented the advantages from both an environmental and economic point of view for fridge manufacturers of the prototype magnetic fridge displayed by Camfridge during the Thermag VII conference, Turin, 11^th-14^th Sept 2016. TG Leonardo has been broadcast for over 20 years, and has on average at least one million viewers each day.

On October 1^st a £1.5M project led by Camfridge and partially funded by Innovate UK started with a kick-off meeting in Cambridge. “This project aims to test the longevity and durability of our magnetic cooling solutions. This is the pre-requisite that, once proved, will open the doors for commercialisation” said Neil Wilson, CEO of Camfridge, adding, “Camfridge teamed-up with the leading academic and industrial partners in UK. All of us are thrilled to make magnetic refrigeration the future solution for high efficient and gas free domestic refrigerators”.

At the Thermag VII International Institute of Refrigeration international conference held in Turin from Sept. 11st to Sept. 14th 2016, Neil Wilson gave a keynote speech titled “Magnetic Cooling at Camfridge : Challenges and Achievements”. The nearly 200 attendees (125 from Universities and research Centres and 72 from Companies) followed the presentation with great interest. An exciting Q&A session followed and continued over the 4 days of the conference at the Camfridge booth where Camfridge showed, for the first time, a domestic refrigerator prototype embedding a Camfridge magnetic cooling engine. The most enthusiastic comments were about the size and the weight of the Camfridge cooling engine, which is the smallest by far in the world and fits perfectly in the back of a fridge.

The Royal Society of Chemistry Emerging Technologies Competition jury shortlisted Camfridge to showcase its technology to more than 300 delegates – including potential investors and C-level managers – during the Chemistry Means Business 2016 event on June 14th and 15th 2016 in London. The competition aims to accelerate the commercialisation of innovative technologies and companies in 4 areas: Health & Wellbeing, Energy & Environment, Food & Eater and Materials. “We are delighted to have been shortlisted in the Energy & Environment category, and we are looking forward to showcasing our solution” said Neil Wilson CEO of the company, adding  “There are 1.4 billion domestic fridges operating world-wide, consuming  5-6% of all generated electricity. Camfridge is bringing to market a new cooling technology that exploits the properties of novel magnetic materials. This technology represents the next generation of cooling products that will dramatically reduce energy consumption, uses no polluting gases and will enable lower-cost and high-efficiency appliances for the consumer.”

In the December 2015 of the Physics Today magazine Magnetic Refrigeration was the cover story. In the article titled “Solid-state cooling with calorics material” by Ichiro Takeuchi and Karl Sandeman, Camfridge is cited as one of the global players in the field. “All the employees at Camfridge are very delighted to see that such a prestigious magazine mentioned Camfridge as one of the global leaders active in the development of this technology” said Neil Wilson CEO of Camfridge, adding “as the article correctly reports magnetic refrigeration is the most well developed technology among the possible solid-state cooling technologies and will be highly disruptive in the near future”.

On December 10th and 11th in the iconic Cambridge Union Society building, the partners of the FP7 DRREAM (Drastically Reduced Use of Rare Earths in Applications of Magnetocaloric) project met for the final project meeting. The University town was the right place to present the overall results of the project - the target for the reduction of rare earth elements needed for magnetocaloric material cooling were not only reached, but significantly exceeded. The highly collaborative atmosphere of the project was recognized by all the participants as the key ingredient for this success. Many of the partners will continue to collaborate beyond the end of the project to develop further the industrial production of the magnetocaloric materials used by Camfridge in its innovative magnetic cooling engine.  The DRREAM partners had also the opportunity to visit the Camfridge testing facilities (picture) as well as the Camfridge magnetic cooling machine prototypes.

Alessandro Pastore from Camfridge and Didier Coulomb, Director of the International Institute of Refrigeration co-chaired the workshop titled “ELICiT EU Project” at the 24th IIR International Congress of Refrigeration in Yokohama, Japan on Friday 21st August 2015. The 18-month results of the EU Elicit project were presented. Camfridge illustrated the second generation magnetic cooling engine achievements, which respond to fridge manufacturers specifications. Marcel Beek from Regen/T detailed the design and testing activities around the heat exchangers required in a fridge equipped with a magnetic cooling engine.  Gérald Cavalier from Cemafroid outlined all the standards that magnetic cooling appliances have to be complaint with for commercialization. During the Q&A session the + 60 professional attendees did not hide their amazement about the progress of the technology. “The International Conference represented a great opportunity to disseminate the great work done within ELICiT making the refrigeration industry aware of the great progress of the magnetic cooling technology in Europe” said Alessandro Pastore “beside the EU ELICiT workshop other two workshops on magnetic cooling technology were planned. I had also the honour to represent Camfridge in the discussant panel of the workshop titled “Magnetic Refrigeration: Materials & Systems for Commercialization” with representatives from magnetocaloric material industry such as BASF and Vacuumschmelze that send to the public a loud and clear message: magnetic cooling industry is a reality in the years to come.”

“The magnetic refrigeration market is expected to reach USD 315.7 Million by 2022, at a CAGR of 98.7% between 2017 and 2022.” That’s the summary of the first ever published Market report on Magnetic refrigeration released by MarketsandMarkets the world’s No. 2 firm in terms of annually published premium market research reports. “We are very pleased that market research companies such as MarketsandMarkets based on interviewing the major magnetic worldwide refrigeration industry stakeholders and the use of a  sounding market forecast methodology, asserted independently a great market potential of the technology in the very near years to come. Camfridge’s strategy and work aim at getting a big slice of the pie and, also, to make the pie bigger than forecasted” says Neil Wilson CEO of Camfridge

More information at:

http://www.marketsandmarkets.com/Market-Reports/magnetic-refrigeration-market-243034247.html

Camfridge is delighted to have been selected by the Royal Society of Chemistry as recipient of its dedicated service called EnterprisePlus for micro, small and medium-sized companies. The service is intended to support businesses active in the chemical science industry that have the power to create solutions to some of society’s biggest challenges – from climate change to beating disease. The Royal Society of Chemistry will provide tools to help Camfridge to promote its business, recruit the right people and find the connections, opportunities and resources needed to grow.

The EU commission website reported on March 24th 2015 an article featuring the importance of the achievements of the SSEEC FP7 project for the development of magnetic cooling technology. Camfridge’s CEO Neil Wilson highlighted the importance of standard manufacturing processes to accelerate the development of the magnetic cooling engines.

More information at: http://ec.europa.eu/programmes/horizon2020/en/news/en-route-energy-efficient-magnetic-cooling

On January 22^nd and 23^rd 2015, nearly 30 scientists and professionals of the partners of the FP7 DRREAM (Drastically Reduced Use of Rare Earths in Applications of Magnetocalorics) project met in Turin at INRIM for the 24-month progress meeting. Under the leadership of the project coordinator, Prof. Karl Sandeman, the collaborative nature of this meeting ensured  constructive progress towards timely achievement of all the project milestones. The comparative studies between LaFeSi based refrigerants and RE-free refrigerants proved highly informative and will likely be of wide interest to the community when published.

On Oct. 31^st 2014, Neil Wilson, Camfridge’s CEO, showcased its magnetic cooling technology to a delegation of senior executives from the leading global soft drinks manufacturer visiting the University of Cambridge. Camfridge's innovative and sustainable cooling solution has a potentially huge and positive impact for the beverage industry seeking to reduce its global CO₂ emissions.

On September 18th and 19th Camfridge hosted the meeting of the European Union FP7 project at Trinity Hall College in Cambridge. Camfridge's partners in this project include Whirlpool Corporation (a leading white goods manufacturer), the International Institute of Refrigeration (the only inter-governmental organisation representing the cooling industry) and Cemafroid (a market leading standards and testing company in the refrigeration industry).

On Sept. 9th 2014, Alessandro Pastore from Camfridge delivered a speech titled  “Magnetic cooling engine for domestic refrigeration appliances” at the Elicit Project workshop at ThermagVI Conference in Victoria, BC, Canada. The paper “Magnetocalorics Or Electrocalorics: Will Either Replace the Gas Compressor In High-Efficiency Refrigeration?” by Neil Wilson forms part of the proceedings of the Conference.

On August 29^th Alessandro Pastore from Camfridge pre-viewed the world's smallest magnetic cooling engine for high-efficiency domestic refrigerators at the FRISBEE Demonstration day at IRSTEA, Antony in Paris. Camfridge received great coverage from the French media and attendees from the cooling industry showed a strong interest in Camfridge’s solution.

On June 23rd 2014, Alessandro Pastore presented a keynote speech with the title "A novel magnetic refrigerator" at the final FRISBEE project workshop held during the 3rd IIR International Conference on Sustainability and the Cold Chain in Twickenham, London.