News

Updates on our work in advanced thermal materials, partnerships, and industry recognition.

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Grand Prize at SLINGSHOT 2023

We are pleased to announce that we won the Grand Prize at SLINGSHOT 2023, held during the Singapore Week of Innovation and Technology (SWITCH). This recognition comes among 4,700 startups from 150 countries that participated in SLINGSHOT 2023

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ICT SPRING 2023

Participated in ICT SPRING 2023 and achieved the second place in the Mastermind Challenge (Top in Asia) (Luxembourg)

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Mass Production of Unconventional Thermal Insulation Material, NIMS Venture Completes Series A Funding

Thermalytica Inc., a startup based in Tsukuba City that develops unconventional thermal insulation material, raised JPY 112.5 million in Series A funding on March 10, 2023. The lead investor was KSP Inc. (based in Kawasaki City), and existing shareholder National Institute for Materials Science (NIMS) and new shareholder Tsukuba Center Inc. (based in Tsukuba City) also participated in the funding. Thermalytica aims to establish mass production technology and expand its business, including overseas markets.

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