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Cooltech Applications
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Developer of clean refrigeration solutions using magnetic cooling effect

Founded in 2003
Founded in

Company type Out of Business Public ()
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Industry Group energy & power

Sector buildings

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters France Holtzheim, France
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Updated by Pierre-Yves Rollet at Cooltech Applications on 05/09/2018

Edited by Cleantech Group on 07/20/2023

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07/16/2009
Siemens Siemens
The University of Applied Sciences of Western Switzerland (HEIG-VD) in association with Cooltech Applications, Siemens and Nestlé have developed a prototype based on the principle of a reciprocating magnetic cooling system.
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Confirmed by Siemens
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Date Investors Type Amount
07/01/2017 Demeter IM Demeter IM (1)
Post-money valuation of
€1 million in original currency, with Demeter Partners contributing €480k of the total round value. Source: Demeter Partners.
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Growth Equity $1,174,651
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