Clean Growth Fund and Barclays have co-invested £3 million in Sunswap to accelerate its development of zero-emission refrigeration technology, addressing the logistics sector's urgent need for sustainable alternatives.

Information on the Target

Sunswap is a UK-based clean-technology company founded in 2020, dedicated to providing innovative solutions for decarbonizing the cold supply chain. The company's flagship product, the Endurance Transport Refrigeration Unit (TRU), is a fully electric refrigeration system that completely eliminates harmful emissions typically generated by diesel-powered units. This makes Sunswap's technology not only environmentally friendly but also cost-effective for logistics operators.

The Endurance TRU leverages solar energy, advanced battery storage, and low environmental impact refrigerants, combined with cloud-based monitoring capabilities. This groundbreaking approach allows clients to achieve significant reductions in CO₂ emissions, as well as lower operational costs over time compared to traditional diesel models.

Industry Overview in the UK

The logistics sector in the UK is facing increasing pressure to adopt more sustainable practices due to stricter regulations aimed at reducing carbon emissions. Approximately 100,000 refrige