Thermalin Diabetes Inc.

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Thermalin Diabetes Inc. - overview

Established

2007

Location

Cleveland, OH, US

Primary Industry

Biotechnology

About

Thermalin Diabetes Inc. specializes in advanced thermal management solutions, focusing on innovative thermal interface materials and heat spreaders that enhance heat dissipation in electronic devices for improved performance. Thermalin Diabetes Inc. was founded in 2007 and is headquartered in Cleveland, US.


The company develops thermal management solutions for electronic devices. In July 2014, it raised USD 5. 9 mn in Series B financing, bringing the total amount raised to USD 5. 9 mn.


The CEO, Edward Raskin, has a history in the technology sector, although details about previous ventures are not specified. Thermalin Diabetes Inc. specializes in advanced thermal management solutions, primarily focusing on the development and distribution of innovative thermal interface materials (TIMs) and heat spreaders. Their core product offerings are designed to enhance heat dissipation in electronic devices, thus improving overall performance and reliability.


The TIMs function by filling air gaps between heat-generating components and heat sinks, ensuring efficient thermal transfer. Targeted end users include manufacturers of consumer electronics, automotive systems, and industrial equipment, particularly in high thermal efficiency sectors such as telecommunications and computing. Thermalins' products are available in North America and Europe, serving a diverse client base that spans original equipment manufacturers (OEMs) and thermal solution providers. The company generates revenue through a B2B model, primarily engaging with OEMs and component manufacturers who require high-performance thermal materials for their products.


Transactions typically involve bulk orders of thermal interface materials and heat spreaders, with clients providing forecasts for their production needs. Pricing structures are determined based on product specifications, volume, and contractual agreements. For instance, flagship products include proprietary thermal interface solutions priced according to thermal conductivity and application suitability, with potential discounts for long-term contracts or high-volume orders. The revenue streams are supported by partnerships with major electronics manufacturers, ensuring a steady flow of demand for their thermal management offerings.


Thermalin Diabetes Inc. aims to leverage its recent Series B funding of USD 5. 9 mn to innovate and expand its product line. New thermal materials are in development, with expected launches in the upcoming fiscal year.


Additionally, the company plans to target expansion into the Asian markets and other emerging regions by the end of 2025, enhancing its global footprint. The funding will assist in scaling production capabilities and enhancing research and development efforts to meet increasing market demand.


Current Investors

JumpStart, National Institute of Diabetes and Digestive Kidney Diseases

Primary Industry

Biotechnology

Sub Industries

Biopolymers, Molecular Science, Genetics & Gene Therapy, Biopharmaceuticals

Website

www.thermalin.com

Company Stage

Series B

Total Amount Raised

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