Carbice Corporation, an Atlanta, GA-based maker of Carbice® Carbon, a product that lowers device temperatures and dissipates heat away from product packaging, held the first closing of a $15m Series A funding round. The round was led by Downing Ventures with participation from Toyota AI Ventures.
The company intends to use the funds to attract top talent to help grow their sales and marketing functions and to scale their production.
Founded by Dr. Bara Cola, Carbice it the maker of Carbice® Carbon, a product that lowers device temperatures and dissipates heat away from product packaging . It is being used in space applications within satellites as well as in many terrestrial applications, and leads the industry on long-term reliability in diverse operational environments. The technology allows for thermo-connectivity management that is simple to make and easy to handle, apply and rework. It offers the same opportunities in engineering production as all the fundamental ages that went before (Stone, Iron, Bronze, Glass, Steel, Plastic).
Carbice also announced two new hires: Hal Laskey as Chief Operating Officer (COO), and Bianca Cefalo as Director of International Business Development. The company also has an office in London and one coming soon to Toulouse, France.