# Arieca

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arieca

- Industry: Materials
- Headquarters: Pittsburgh, US
- Website: www.arieca.com
- Total disclosed funding: $8.2M
- Latest round: Series A (May 9, 2022)
- Investors on record: 7

## About

Founded in 2018 and based in Pittsburgh, Pennsylvania, Arieca Inc. develops advanced thermal interface materials designed for integrated circuit packaging and power modules, addressing critical thermal management challenges across various sectors.Arieca Inc. specializes in thermal interface materials, focusing on innovative solutions for integrated circuits and power modules. Founded in 2018 in Pittsburgh, Pennsylvania by Navid Kazem, the company has raised USD 8.2 mn in Series A funding in May 2022, co-led by 412 Venture Fund and Nissan Chemical Corporation, among others. Arieca has completed 2 deals to date and currently holds a valuation of USD 31.784 mn.Arieca specializes in the development of advanced thermal interface materials (TIMs) for integrated circuit packaging and power modules. Their flagship TIMbber formulations combine liquid metal alloys with polymer components, offering superior thermal conductivity and mechanical reliability. Key products include the ULT TIM 1.5, EXT TIM 2, and ALT TIM 1, targeting sectors such as data centers and consumer electronics, with distribution across North America, Europe, and parts of Asia.Arieca generates revenue through direct partnerships and business-to-business transactions, engaging with clients in the semiconductor manufacturing and high-performance computing sectors. While specific revenue details are not disclosed, the focus on premium products like TIMbber formulations indicates a strategy aligned with advanced technological capabilities and bulk transactions facilitated through strategic partnerships, including with Nissan Chemical Corporation.In May 2022, Arieca Inc. raised USD 8.2 mn in Series A funding, which will be utilized to support product development and manufacturing capabilities. The company aims to launch new products in the coming year as it seeks to expand its market presence in North America, Europe, and parts of Asia, targeting regions recognized for their technological advancements. This growth strategy is focused on enhancing their product offerings and increasing market penetration through innovative thermal interface materials.

## Funding rounds

- Series A, May 9, 2022, $8.2M — ROHM Co., Ltd, Innovation Works, Monozukuri Ventures, Nissan Chemical Industries, Ltd., Mountain State Capital, Carnegie Mellon University, 412 Venture Fund

## Investors

- ROHM Co., Ltd — Series A
- Innovation Works (https://capitalatlas.ai/funds/innovation-works) — Series A
- Monozukuri Ventures (https://capitalatlas.ai/funds/monozukuri-ventures) — Series A
- Nissan Chemical Industries, Ltd. — Series A
- Mountain State Capital (https://capitalatlas.ai/funds/mountain-state-capital) — Series A
- Carnegie Mellon University — Series A
- 412 Venture Fund (https://capitalatlas.ai/funds/412-venture-fund) — Series A