July 19, 2017
Atlanta Business Chronicle

Atlanta's Carbice scores $1.5 million investment to develop heat-eliminating material

A nano-materials startup has scored a $1.5 million investment to solve the cause of exploding smartphones and consumer electronics.

Carbice, a Georgia Tech spinoff and ATDC company, has developed a thermal tape that helps prevent electronic devices from overheating and potentially catching on fire.

"People are trying to put more hot components in smaller boxes,” Carbice CEO Bara Cola said, referring to the plethora of Wi-Fi, Bluetooth, graphics and other chips. Overheating in electronics not only can trigger fires, but can make devices energy hogs.

The seed investment was co-led by TechSquare Labs and GRA Venture Fund.

Carbice's heat-conducting tape, made of aluminum foil and carbon nanotubes (cylindrical carbon molecules), replaces hundreds of products used to dissipate heat generated in smartphones, cable set-top boxes and other devices.

“It's the greenest adhesive material in the world for the semiconductor industry," Cola claimed. "Our raw materials are recycled aluminum, iron and carbon gas, and the tape is easy to remove to help reduce electronic component waste."

The tape, which looks like Reynold’s wrap spray-painted black, is eight times more conductive than copper, Cola said. The tape replaces four heat-dissipating materials used in cable set-top boxes, reducing the cost by 40 percent.

Carbice (which stands for Carbon Interfaces Cooling Electronics) is currently prototyping the tape and plans to manufacture the product in Georgia.

Early applications include satellite development, semiconductor testing, and home gateway products, such as set-top boxes and routers.

"We are going after the markets that make the most sense for our stage and have the biggest draw right now,” Cola said.

The problem of overheating in electronics was highlighted by last year’s high-profile and expensive recall of Samsung’s Galaxy Note 7 phablets. Several of the devices caught fire following battery failures.

Computing speed and battery life aren't the real obstacles to technology innovation — it's heat management, said Allen Nance, partner at investor TechSquare Labs.

Computing speed and battery life aren't the real obstacles to technology innovation — it's heat management.

Allen Nance
Partner, TechSquare Labs

“Addressing that is a huge opportunity to drive innovation and build a big meaningful company,” Nance said.

Carbice will use the seed investment to test the product with early customers, including IBM Corp. (NYSE: IBM) and a major set-top box maker. Cola expects customers to introduce devices with Carbice's product in 2019.

Even if Carbice is able to successfully commercialize its technology, the startup must deal with a long sales cycle.

Electronic devices are in design for years before they go into production, Nance said. "The sales process is long and complicated," he said.

In addition to the seed investment, Carbice has received $1.6 million in grants from the National Science Foundation SBIR Program and Army Research Lab.

Originally published on Atlanta Business Chronicle

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