February 2019

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The company

Capital: € 1,083,560SARL with auditor and associate pactContributions from associates since 2014: € 2,95m Ongoing fundraising

Structure February, 2019

Founded in 2014 Jean-Louis JuillardLionel Bataille

450 m2

OfficesResearch laboratoryPrototyping workshopTesting platform

Location: Toulouse, France

Technical innovation award, ESSEC AlumniPrize for industrial development, Business Club UTCPrize winner of the ‘Investment for the Future’ program, 2015 & 2016AFI Bpifrance

Awards

2 engineers2 technicians

1 business developer1 administrative

3 active partners

1 PCT patent2 European OEB patents

1 applicationInternational brands

Intellectualproperty

Team

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A company supported by an experienced team

Originally made up of researchers who worked on the process in our laboratory, the team has since been restructured around process engineers and project managers to ensure the industrial and commercial development of the company. The team is currently composed of 5 employees based in Toulouse and 3 operational partners.

Management is assumed by an experienced Executive Committee:Strategic directions are defined by a Strategic Committee:

After a career in the Cesbron familycompany, specialized in the refrigerationsector, Christian chose to join COLDINNOVand bring in his experience of theindustrial market.

Christian CESBRONSales Manager

Co-founder of COLDINNOV, Lionel isbehind the development of theCOLDINNOV technology and theFREECOLD product range.

Lionel BatailleManager – Founding partnerJean-Louis Juillard

Co-founder of the company, Jean-Louis isbehind the technological idea ofCOLDINNOV. He previously has had a longcareer with EDF in energy research.

With 35 years of experience in the industrialrefrigeration sector, particularly as VP COOof GEA Refrigeration, one of the worldleaders in industrial refrigeration, Jean-Michel joined COLDINNOV in 2016.

Jean-Michel Daviaud

Thermochemical refrigeration through a reaction between ammonia and a reagent compound designed by COLDINNOV

Energy supplied by waste heat recovery ◦ Heat of industrial processes

◦ Combustion engines

◦ Alternative and renewable heat sources (solar heat, waste incineration, biogas, …)

COLDINNOV can be used:◦ To replace an existing refrigeration unit◦ In addition to an existing refrigeration unit◦ As a new refrigeration unit

Power characteristics of COLDINNOV technology ◦ Scalable power from 2 kW to more than 500 kW

COLDINNOV Technology - Description

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Recovers residual heat as an energy source

Generates energy savings by over 80% compared with a compression system

Cooling effect to above or below-freezing as soon as it is turned on

Uses a natural refrigerant fluid with no Global Warming Potential (GWP=0), contrary to commonly used HFC

Reduces maintenance costs due to the absence of moving parts in the reactor

Allows for direct conversion of heat into cold or for its storage in chemical form

Insensitivity to sudden movements and inclination

Reduced Return on Investment Time Direct competition with compression systems

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COLDINNOV Technology - Benefits

COLDINNOV test bench HECO/C Technology – February 2019, Toulouse

Adsorption of the gaseous ammonia in thereactor is used to produce cold temperatures.

COLDINNOV markets

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Industry50 to 500 kW and more

Building sector50 to 500 kW and more

Cold chain in emerging countries

3 to 15 kW

Data centers50 to 500 kW

and more

Refrigerated trucks3 to 20 kW

Use of wasted or durable heat as a source of cold◦ Industrial processes heat◦ Combustion engines (trucks, generators, cogeneration, ...)◦ Renewable Heat (solar thermal, heat networks, biogas plants, H2 fuel cells, …)

Our priority objectives◦ Industrial refrigeration◦ Biogas plants◦ Data centers, linked with MVC (Mechanical Vapor Compression) to increase the heat source’s temperature◦ Thermal oxidizing of VOC (Volatile Organic Compounds)

Our Industry market approach

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Standard products

Cooling unitReactors

HECO /C

Assistance

Final user

IAA Data Center

CIAT - Carrier – Trane – ProFroid – Searle - HK

VOC Treatment Industry process Naval

Cooling systems makers

HECO /S

Technical assistance

Refrigeration engineering System Integrators

Distributors

Energy operator

Axima – GEA – MCI – Clauger … Jerlaure - Endel

GFF – Le froid Pecomark

Engi

ne

eri

ng

com

pan

ies

Da

lkia

-En

del

–Ed

eis…

Installers

Local companies

Scope of the technological block COLDINNOV

HECO / C HECO / C HECO / C HECO / C

NH3EVAP.

NH3COND.

NH3TANK

Ctrl / CdeHW & SW

Standard Product HECO/C

WASTE

HEAT

100°C

380Vac

< 40°C

-5°C / 12°C

Water/Air heat exchanger

Iced water network

Water/Air heat exchanger

< 40°C

Reactors

Condenser / Evaporator

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90°C

60°C

< 50°C

Electrical cabinet

Energy efficiency

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Classic cold unit, 200kWc HECO Technology

NH3 Compressor

Condenser

Evaporator

Reactors

HECO /CHECO /S

Condenser

Evaporator

Electric Energy

85 kW

7.5 kW

7.5 kW

Savings

94%

- %

- %

+ water > 90°C

+ water < 50°C

Ex: 200 kWcFR > € 20k/an, 1 kWh = 7,7 ctsDE > € 24k/an, 1 kWh = 9,3 ctsUK > € 35k/an, 1 kWh = 13,6 cts

Total 100 kW

Elec. Energy

5 kW

7.5 kW

7.5 kW

Total 20 kW

Reusable energy

80%

Quantified benefits in the industry

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Industrial 200 kWc refrigeration unit Compression COLDINNOV Difference

Initial investment / selling price € 110.000 € 175,000 + € 65,000

Annual electricity consumption of main equipment (France) € 29,450 € 1,800

Annual electricity consumption of side equipment € 5,200 € 5,200

Total annual electricity consumption € 34,650 € 7,000 - € 27,250

Annual maintenance (compressor, oil change…) € 2,000 € 600 - € 1,400

Total cost of ownership (TCO) for 3 years in France (IRR 27 months) € 220,000 € 198,000 - € 22,000

Total cost of ownership (TCO) for 3 years in Germany (IRR 23 months) € 241,500 € 202,000 - € 39,500

Total cost of ownership (TCO) for 3 years in Great Britain (IRR 16 months) € 299,500 € 213,500 - € 86,000

Operation time: 4,500 h/year Price for 1 kWh: France = 7.7 cts; Germany = 9.3 cts; Great Britain = 13.6 cts

Proof-of-concept (2014)

Performance measurements on «HECO/S V1» reactor: independent expert’s report

(French national platform Fahrenheit)

Reagent prototyping workshop is operational

3 test and cycling benches

1 material and heat transfers characterization bench

1 prototype in simulated industrial environment

1 pilot plant using heat recovery on a generator

Technology readiness level TRL6

Technical equipment and knowledge

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Models, prototype and pilot plant

2015: 2 test benches forHECO/S reactors. Can betaken apart to test differentreagent’s performances

2016: first prototypeallowing for a continuouscold production using 4HECO/S reactors performingwith a phase shift

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2017: Industrial pilot plantproducing continuously 10kWc. It recovered heatfrom a Lepron 80 kVAgenerator

2018: Development, testingand optimization of ournew HECO/C technology

Heat/Cold Converter (HECO/C) Reactor

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2 different technologies:

The HECO/S reactor is more suitable for heat/cold energy storage

The new HECO/C has been designed as an actual Heat/Cold Converter

High power density

Little ammonia amount needed: under 0.3 kg/kW

Modular architecture allowing for an easy industrialization

Low operating costs

The HECO/C is suitable for applications requiring both power and compactness, as well as a low embedded NH3 mass

The HECO/C is developed together with the CEA Liten (Commissariat à l’Énergie

Atomique et aux Energies Alternatives Grenoble)

The FREECOLD® range guarantees solutions for

refrigeration, freezing and solar photovoltaic air-

conditioning.

Batteryless direct solar refrigerators are designed to

operate solely on solar energy. In case of low sunlight,

the patented FREECOLD® technology can maintain up to

3 days a remarkable cold quality

FREECOLD®

In 2016, COLDINNOV takes over the FREECOLD® solar photovoltaic cold business developed by Lionel Bataille and 2IDEA since 2008

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FREECOLD® range

100 % direct solarphotovoltaic

Refrigerator RSI 180 L

FrigoMobile

Split air-conditioner

Solar photovoltaicand battery

Medium power: Solar photovoltaic + battery or electrical network

Refrigerator and freezer RCSI 180L or 300L

Refrigerator and freezer armoire 360L

Combined RC 195L or 295L

3-ways refrigerator for vaccines and 3-ways freezer

Autonomy for up to 3 days !

Refrigerated milk tank and pasteurizer

Cold rooms from 10 to 100 m3

Cooler for ice making

Split air-conditioner

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An already well established brand

A brand created in 2008, already well established and known to its customers

90% of production sold in Africa and the Middle East

A large network of distributors worldwide

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COLDINNOV

1 Impasse de Lisieux31300 Toulouse - FRANCETél. : +33 (0)5 34 35 03 49

Email : info@coldinnov.comWebsite : https://www.coldinnov.com/

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Contact us