The Clean Tech Start-up Index - Camfridge Ltd.
A new day, a new post, a new letter at the start of todays company from Greenbang’s UK Clean Tech Start-up Company Index 2008.
- Founder/ MD: Neil Wilson
- Founding date: January 2005
- Number of employees: 6
- Turnover: Income from Partnerships
- Website: www.camfridge.com
Camfridge is developing a new cooling and air-conditioning technology that promises to be 50 percent more efficient than current air conditioning applications. Given the cooling and air conditioning sector is not exactly environmentally friendly (it uses some 16 percent of the UK’s total generated energy, rising to 50 percent in places like Japan and California) this is a step in the right direction. Customers will be large manufacturers of air conditioning and cooling appliances. The company says its technology can be deployed in any household.
Camfridge uses a solid refrigerant to eliminate gas leakage into the environment. This helps to cut maintenance costs, especially for commercial applications, and makes the product easier to recycle at the end of its life.
“Establishing a business is the easy part, moving it forward at the very beginning is hard.” – Camfridge
The Green Barometer
The company looks like a mix of science and business know-how. As well as the physicists and academics on board to crack the technical side of things, Camfridge also has a CEO with a history at the helm of a couple of start-ups, which will doubtless be a boon to the business.
Unlike most fridge and cooling applications, the Camfridge technology uses little carbon and no polluting gas. It’s also got some solid support from the Carbon Trust and after hitting a performance milestone recently, it looks like the company can soon start delivering commercial applications to its required specification and cost. Looks like things might be warming up.
