Barocal

Private

CambridgeEnergy & Sustainabilityhttps://barocal.com/

Last Round

Seed

May 4, 2026

Total Funding Raised

$14.28M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Barocal is a cleantech company that develops solid-state, temperature-changing materials for heating and cooling systems.

Sector

Energy & Sustainability

Verticals

Advanced Materials, Energy Management, Sustainable Materials

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

solid-state coolingbarocaloric effectbarocaloric materialsrefrigerant-free coolingclimate techsolid-state heatingheat pump technologysolid refrigerantsHVAC-Rvapor-compression alternativethermal managementdeep techadvanced materialsscientific cooling

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Barocal Comps

Public and private peers based on sector, stage, and business model.

Barocal comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Barocal Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	May 4, 2026
Grant	Oct 3, 2024
Pre Seed	Feb 15, 2022

View all Funding Rounds

Key People

Founding team and executive leadership

Adrian Watson

CFO

Executive Team

Barocal Investors

Notable investors and investment history

Barocal investors
Investor	Rounds
European Innovation Council Fund	Grant
Cambridge Enterprise Ventures	Seed
IP Group	Seed, Pre Seed
Cambridge Enterprise	Seed, Pre Seed
Breakthrough Energy Discovery	Seed
World Fund	Seed

View all Investors

Market signals

Structured signals derived from secondary market and firmographic data.

Jun 30, 2026
Grew 40% QoQ from 10 to 14 employees.
May 4, 2026
$10M round with participation from IP Group and World Fund.

View all signals

Barocal Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation

Barocal Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Barocal's valuation, stock price, and market status.

Firmographic Details

HeadquartersCambridge

Employee Range14

Year Founded2019

Last FundingMay 4, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.