Success Story

Thermalfrost Intl. Inc.


By harnessing waste heat that would otherwise pollute the atmosphere, Richmond-based Thermalfrost has developed a unique technology that generates deep refrigeration for virtually any cooling application. In fact, its refrigeration technology could be modified to satisfy most of the world’s refrigeration needs – from fish refrigeration to running refrigerated trucks.

Developed by Carleton University engineering professor Dr. Junjie Gu, and international refrigeration expert David Li, OCE and the Ontario Power Authority invested in early-stage research, which allowed Thermalfrost to develop the technology and create a prototype. OCE also connected the founders to their current CEO and helped the company attract an additional $15 million in cash and in-kind support, including investments from the National Sciences and Engineering Research Council of Canada (NSERC) and Sustainable Development Technology Canada (SDTC).

Thermalfrost has partnered with Nova Scotia’s Clearwater Seafoods, one of Canada’s largest fishing companies, to commercialize the technology on their fishing vessels. The Canadian Navy has also expressed interest in Thermalfrost’s deep refrigeration technology.

“This technology has the ability to revolutionize refrigeration worldwide, making Ontario a world leader.”

—Steven Donaldson, CEO, Thermalfrost Intl. Inc.

OCE©2009 Last updated 03/2012