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€ 1 million for Magneto developing a sustainable alternative for refrigeration systems

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27/09/2022

MAGNETO is a company developing 3D-printed magneto-calorific material for heat pumps.

Until today, cooling systems have always used gas compressors. Although the gases are nowadays less harmful than in the past, they are still toxic and dangerous, resulting in an enormous footprint. The Delft-based company Magneto, a spin-off from Delft University of Technology, is developing 3D-printed magneto-calorific material for heat pumps. With this material, heat pumps for cooling systems can be made that no longer run on gas, but on harmless liquids, such as water. In addition, the system is up to 30% more efficient. For their unique innovation, Magneto will receive € 1 million from UNIIQ (Delft Enterprises), SHIFT Invest, Graduate Entrepreneur Fund and Rabobank.

https://uniiq.nl/en/e-1-million-for-magneto-developing-a-sustainable-alternative-for-refrigeration-systems/

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