Fourth TERA-Award Ceremony held in Cambridge
UK startup wins US$1 million Gold Award 4th TERA-Award Gold Award winner Dr Peter Lee, Founder of the TERA-Award, presents the Gold Award and the US$1 million prize to Barocal from the UK for their solid-state cooling system using barocaloric materials, which offers a sustainable alternative to traditional refrigerants. HONG KONG, July 20, 2025 (GLOBE NEWSWIRE) — The Asia-based smart energy innovation award TERA-Award, organised by Full Vision Capital, has revealed the results of its fourth edition. Barocal, a British company, won the Gold Award with a prize of US$1 million for its breakthrough solid-state cooling system, using barocaloric materials