Barocal

Wickhambrook, United Kingdom Founded: 2019 • Age: 7 yrs
Developer of solid-state barocaloric refrigeration technology. This technology offers a highly efficient and environmentally friendly alternative to traditional gas-based cooling systems. It utilizes solid materials that change temperature under pressure, eliminating the need for harmful refrigerants. The technology is designed for seamless integration into various applications, including data centers, process cooling, and refrigeration. The companys approach focuses on creating a scalable and modular platform to reduce manufacturing costs and improve overall system efficiency.
Annual revenue - Latest available
Total funding $21.8M 3 rounds
Employees 2 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Barocal

Barocal is a company based in Wickhambrook (United Kingdom) founded in 2019 by William Averdieck and Xavier Moya. Barocal has raised $21.77 million across 3 funding rounds from investors including IP Group, University of Cambridge and World Fund. The company has 2 employees as of May 31, 2022. Barocal offers products and services including Solid Refrigerant Technology and Cooling Systems. Barocal operates in a competitive market with competitors including ConnectM, Powerstar, Igloo Energy, Measurable.energy and LAIIER, among others.

  • Headquarter Wickhambrook, United Kingdom
  • Employees 2 as on 31 May, 2022
  • Founders William Averdieck, Xavier Moya
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Barocal Ltd
  • Date of Incorporation 02 May, 2019
  • Jurisdiction CAMBRIDGE, ENGLAND
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Aviation Operations & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.77 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Seed

    May 04, 2026

  • Investors
    IP Group

    & 4 more

  • Employee Count
    2

    as on May 31, 2022

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Products & Services of Barocal

Barocal offers a comprehensive portfolio of products and services, including Solid Refrigerant Technology and Cooling Systems.

Product name locked
Category locked
Primary

Innovative cooling and heating tech with zero global warming potential.

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Efficient systems reducing energy use and emissions globally.

Funding Insights of Barocal

Barocal has successfully raised a total of $21.77M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $10 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Barocal

Barocal has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include IP Group, University of Cambridge and World Fund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and advisory services are offered across multiple sectors.
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Investor details for Barocal

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Investments & Acquisitions by Barocal

Investments
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Investment portfolio details for Barocal

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Financial Statements - Barocal

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Barocal Comparisons

Barocal Primary company
Description
Developer of solid-state barocaloric refrigeration technolog...
Location
Wickhambrook, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2022
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Peer comparison for Barocal

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Competitors of Barocal

Barocal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ConnectM, Powerstar, Igloo Energy, Measurable.energy and LAIIER, among others.

Company Name Domain Founded year HQ Location Description
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Energy management solutions are provided via asset-connecting platforms and applications.
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Voltage optimization, energy storage, and smart transformer equipment are manufactured.
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Energy monitoring solutions are provided for gas and electricity utilities.
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Provider of ML-powered energy management solutions
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Cloud-based LoRa networks for smart buildings monitoring are provided.
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Hive is recognized as a leading UK eco-tech brand for smart home and energy solutions.
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Detailed competitors of Barocal

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Latest news on Barocal

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Complete news archive for Barocal

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Frequently Asked Questions about Barocal

Barocal was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Barocal is headquartered in Wickhambrook, United Kingdom. It is registered at Wickhambrook, Suffolk, United Kingdom.

Barocal is a funded company, having raised a total of $21.77M across 3 funding rounds to date.

As of May 31, 2022, the latest employee count at Barocal is 2.

Developer of solid-state barocaloric refrigeration technology. This technology offers a highly efficient and environmentally friendly alternative to traditional gas-based cooling systems. It utilizes solid materials that change temperature under pressure, eliminating the need for harmful refrigerants. The technology is designed for seamless integration into various applications, including data centers, process cooling, and refrigeration. The companys approach focuses on creating a scalable and modular platform to reduce manufacturing costs and improve overall system efficiency.

Barocal's top competitors include Igloo Energy, ConnectM and LAIIER.

Barocal offers Solid Refrigerant Technology and Cooling Systems.

Barocal has 5 investors. Key investors include IP Group, University of Cambridge, World Fund, Breakthrough Energy, and Cambridge Enterprise.

The valuation of Barocal is $4.67M as of Jan 2022.

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