News

Camfridge shortlisted

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.”