Arieca Announces $6.5M Series A Funding Round

Company will use the investment to accelerate product development and scale up manufacturing of its Liquid Metal-based thermal interface materials

23-May-2022 - USA

Arieca Inc., the leader in liquid-metal based thermal interface materials (TIMs) for high performance computing and high power semiconductor devices, announced a $6.5 million Series A funding round co-lead 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.

Arieca Inc.

Arieca's Team in Pittsburgh’s Headquarter. From left to right: Navid Kazem, Vivek Singh, Dylan Shah, Jeffrey Gelorme, Nolan Steeley, Allyssa Kerr

“The semiconductor industry is facing an acute heat problem. Further progress in manufacturing of microprocessors with node sizes of 7nm, 4nm and even lower sizes in the roadmap require an acceleration in packaging technologies to compensate for the ever-growing heat densities in the next generation of devices. We, at Arieca, are developing Liquid Metal-based TIMs to give the designers the performance of liquid metals with the ease of manufacturing of thermal greases” said Dr. Navid Kazem, CEO and Co-Founder at Arieca.

“Arieca's materials are very promising innovative solutions for the market that will grow significantly in the future. We hope to make a strong cooperative collaboration on top of the Investment in the Company” said Endo Hideyuki Managing Executive Officer, and Head of Planning and Development Division at Nissan Chemical. Ilana Diamond, the general managing partner at 412 Venture added that “we have followed Arieca’s progress since their formation and have been impressed by their progress attracting customers and partners in the semiconductor industry with a large market size. We are delighted to be partnering with a world class team to help them bring an innovative material solution to a growing market.”

Other news from the department business & finance

Most read news

More news from our other portals

So close that even
molecules turn red...

Something is happening in the chemical industry ...

This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.