Carbice, an Atlanta-based startup spun out of research at the Georgia Institute of Technology’s Institute for Electronics and Nanotechnology, raised $1.5 million in a series seed round co-led by Tech Square Labs and the GRA Venture Fund. Carbice, which manufactures advanced materials for effective thermal design of electronic devices, also announced the electronic packaging industry’s most versatile thermal tape and said the funding will be used to launch Carbice tape with select early customers. Bill Midgette, former Porex Corp. CEO, also joined Carbice’s board of directors.
Carbice is a member company in the Advanced Technology Development Center’s ATDC Accelerate portfolio at Georgia Tech. ATDC works with Georgia entrepreneurs to help them build successful technology companies. It also is a graduate of VentureLab, a sister incubator at Georgia Tech that works with faculty, students, and staff who want to commercialize their research.
Carbice tape is designed to replace hundreds of existing heat dissipation products with one simple and easy-to-apply solution that serves as a new high-performance platform to build next-generation electronic devices.
“We are in a new digital world and effective thermal design has emerged as a critical path to bringing innovative new products to market,” said Carbice founder and CEO Bara Cola (@baratundecola) “Carbice technology is based on a protected scientific breakthrough in materials engineering that keeps us significantly ahead of the curve. Our ability to provide this game-changing technology as a drop-in solution removes barriers and allows our customers to achieve more today and bring their products to market faster.”
Key benefits of Carbice tape include:
- Improved device performance.
- Reduced product size and cost.
- Fast, no-mess assembly, reduced waste, and simplified bill of materials.
- Lower inventory cost to address different product needs.
Early applications for Carbice tape include advancing satellite development, semiconductor tests, and home gateway products. The company has also received funding through a recent Phase II SBIR grant from the National Science Foundation, as well as a grant from the Army Research Lab to feed a pipeline of new products.