Apheros announced it has received $1.85 million in a recent funding round to introduce its innovative metal foam technology, offering a superior solution to cooling data centers.
The pre-seed funding round, led by venture capital firm Founderful, will accelerate development and deployment of Apheros' revolutionary metal foam-based cooling solutions.
According to the company, the Apheros patented manufacturing process creates unique foam structures with completely open porosity and unparalleled surface area, surpassing traditional solutions by a factor of thousand, which translates into exceptional heat transfer and flow properties.
Ideal for high performance cooling applications, Apheros’ metal foams are easily integrated within its customers’ existing cooling systems. They address customers’ urgent needs of reduced energy consumption and cooling costs.
"Our technology has the potential to set new industry standards and significantly reduce the environmental impact of cooling solutions worldwide. This funding round will allow us to advance our mission of helping our customers achieve superior thermal performance, increase energy efficiency, and contribute to a greener future. Immediately, we will expand production, increase research and development efforts, and bring state-of-the-art solutions to a broader market,” said Julia Carpenter, co-founder and CEO of Apheros.
Apheros AG, founded in August 2023, was developed as an ETH Zurich spin-off to tackle cooling challenges in a wide range of applications including high-performance computing and mobile devices.
Apheros is led by a team with a proven track record in innovation, business development and tech transfer.
Apheros currently targets the thermal management market with a focus on liquid cooling, a segment expanding at a fast pace due to the needs created by the growing demand for High Performance Computing, Artificial Intelligence and Data Centers.
More efficient cooling systems are needed to overcome current energy shortages and to reach ambitious climate protection goals. There is a pressing need to introduce higher performing cooling solutions to the market.
For more information about this news, visit https://apheros.ch.