USA – Arieca Inc., a Pittsburgh, PA-based materials startup, raised $6.5m in Series A funding.
The round was co-led by Nissan Chemical Corporation and 412 Venture Fund, with participation from ROHM Co. Ltd., Monozukuri Venture Funds, Mountain State Capital, Innovation Works and Carnegie Mellon University. The company intends to use the funds to accelerate product development and scale up manufacturing of its Liquid Metal-based thermal interface materials (TIMs).Led by Dr. Navid Kazem, CEO, Arieca is a materials startup whose patented Liquid Metal Embedded Elastomer (LMEE) technology allows for high level performance in applications across the semiconductor, aerospace, automotive, and healthcare industries. Its main products are TIMbberTM – an adaptable thermal interface material (TIM) for high performance semiconductor and power devices, and Thubber® – a soft, stretchable, and thermally conductive elastomer. Arieca was spun off from Carnegie Mellon University in 2018.17/05/2022
