Arieca was founded by Navid Kazem, Carmel Majidi in 2018.

Who are Arieca's investors?

Arieca's investors include 412 Venture Fund, Monozukuri Ventures.

How much funding has Arieca raised?

Arieca has disclosed $10.5M raised across 4 rounds.

Where is Arieca headquartered?

Arieca is headquartered in Pittsburgh, US.

Arieca

Pittsburgh, US · Founded 2018 · Delaware corporation · 2 known investors

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Arieca develops patented Liquid Metal Embedded Elastomer (LMEE) thermal interface materials that combine thermal performance with mechanical reliability for semiconductor applications. The company works with customers to develop system-level thermal cooling solutions ready for high-volume manufacturing.

Hardware New Materials Semiconductors

Founders & leadership

Arieca was founded in 2018 by Navid Kazem and Carmel Majidi.

Navid Kazem Co-Founder & CEONavid Kazem is co-founder and CEO of Arieca, a materials company developing thermal interface solutions based on liquid metal embedded elastomer technology for semiconductor and other advanced applications. The company is a spin-out from Carnegie Mellon University.

Carmel MajidiCTO & Co-Founder

Board

Ilana DiamondBoard directorManaging Partner, 412 Venture Fund LP at Monozukuri Ventures

Hitoshi SuzukiBoard director

Ken JoyceBoard director

Investors · 2

412 Venture Fundlisted by 412 Venture FundPittsburgh · $250K – $1M

How we know: 412 Venture Fund's portfolio page · Not right? Tell us

Monozukuri Ventureslisted by Monozukuri VenturesKyoto · $100K – $300K

How we know: Monozukuri Ventures's portfolio page · a partner's Signal profile · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$10.5M disclosed across 4 rounds · 2019–2024

▶$500KraisedNov 2024 · 1 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Navid KazemExecutive Officer, Director, Promoter
Ilana DiamondDirector
Hitoshi SuzukiDirector
Ken JoyceDirector
Carmel MajidiExecutive Officer, Director

Offering amount: $4M
Amount sold: $500K
Proceeds to insiders: $31K
First sale: Nov 2024
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$8.2MraisedMay 2022 · 29 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Carmel MajidiExecutive Officer, Director, Promoter
Ilana DiamondDirector
Navid KazemExecutive Officer, Director, Promoter

Offering amount: $9M
Amount sold: $8.2M
Proceeds to insiders: $250K
First sale: Apr 2022
Incorporated: Corporation, Delaware, 2018
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$1.1MraisedOct 2021 · 15 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Carmel MajidiExecutive Officer, Director, Promoter
Navid KazemExecutive Officer, Director, Promoter
Cinnie HuangDirector

Offering amount: $1.1M
Amount sold: $1.1M
Minimum investment: $20K
Proceeds to insiders: $190K
First sale: Mar 2021
Incorporated: Limited Liability Company, Delaware, 2018
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$710.6KraisedApr 2019 · 7 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Navid KazemExecutive Officer, Director
Carmel MajidiExecutive Officer, Director

Offering amount: $750K
Amount sold: $710.6K
Proceeds to insiders: $30.6K
First sale: Mar 2019
Incorporated: Limited Liability Company, Delaware, 2018
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Companies working in the same space as Arieca.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
National Science Foundation	Phase II	2023	$858.7K
National Science Foundation	Phase I	2021	$256K
NASA	Phase I	2018	$125K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Arieca do?: Arieca develops patented Liquid Metal Embedded Elastomer (LMEE) thermal interface materials that combine thermal performance with mechanical reliability for semiconductor applications. The company works with customers to develop system-level thermal cooling solutions ready for high-volume manufacturing.
Who founded Arieca?: Arieca was founded by Navid Kazem, Carmel Majidi in 2018.
Who are Arieca's investors?: Arieca's investors include 412 Venture Fund, Monozukuri Ventures.
How much funding has Arieca raised?: Arieca has disclosed $10.5M raised across 4 rounds.
Where is Arieca headquartered?: Arieca is headquartered in Pittsburgh, US.