PRESS RELEASE - Leuven, Belgium – January 5th, 2022
Diabatix NV, a Leuven-based scale-up specialized in AI fueled generative thermal design, has successfully closed a funding round with Saffelberg Investments. This investment will allow the company to accelerate the ambitious growth of its unique ColdStream® platform, based on a reference portfolio of world-class customers.
With a 2 million EUR investment, Saffelberg will support Diabatix in its ambitious goal to become the global number 1 thermal design Software as a Service platform.
CEO and co-founder Dr. Ir. Lieven Vervecken started Diabatix 5 years ago, to disrupt everything the world had seen within thermal engineering up to that point. The mission: allow engineers to design the most powerful cooling components, at record breaking speed. Through the potent combination of AI and generative design, Diabatix is capable of designing, analyzing, and optimizing heat sinks and cold plates with extreme speed and efficiency. With a focus on heat transfer, the cooling components generated on its platform are designed to cool the high- powered tech of today and tomorrow. In less than 5 years, world renowned engineers at Panasonic and 3D Systems, 2 of the leading global automotive companies, as well as several leading Silicon Valley giants, have embraced the Diabatix platform.
- Founded in 2016 in Leuven
- Team of 15, including 10 top engineers, most of which hold a PhD - Customer base in global automotive and Silicon Valley
- Thought leader at the world’s largest tech conferences
Saffelberg’s Luc Osselaer comments: “We analyze more than 100 tech start-ups and scale-ups per year, but Diabatix stands out: a team of passionate pioneers in thermal engineering who have managed to bring a solid SaaS platform to the market. We expect to see great things from Diabatix in the years to come.”
Diabatix CEO & Co-Founder Dr. Ir. Lieven Vervecken: "Over the past years, we managed to become the go-to experts for advanced thermal design with only a handful of people in the team. The goal now is to grow the team and to leverage our reputation to become the number one reference for thermal engineers."
Diabatix Head of Operations Dr. Ir. Roxane van Mellaert: “Launching our ColdStream® platform has enabled immediate access to our generative design software. It provides thermal engineers the ability to create designs beyond their human imagination. We can now expand ColdStream® not only to provide solutions where other options fail, but also to support thermal engineers in their daily tasks. ColdStream® will become the tool to use from the very beginning until the end of the entire design process."
Diabatix Chairman of the Board Hans Clijsters “The job of the future engineer will shift from designing the perfect component into combining computer generated components into the perfect assembly. Diabatix, with the support of Saffelberg, plays a key role in this transformation.”
Diabatix is a Belgian SaaS company that specializes in generative thermal design. Created on the forefront of the newest developments in topology optimization, generative design and machine learning, Diabatix has developed a software that can create an optimized thermal design from scratch.
Diabatix offers an easy-to-use online generative design platform called ColdStream®. It enables engineers and designers to push the boundaries of thermal management through generative design. They simply frame the problem and let the platform provide an optimized solution rapidly.
ABOUT SAFFELBERG INVESTMENTS
Saffelberg Investments is an independent investment company with a 380 million EUR capital base. We focus on long term investments by taking substantial minorities in fast-growing ventures. Active across the globe, we participate in corporations operating in diverse sectors through equity and/or mezzanine financing. In recent years Artificial Intelligence, Internet-of- Things and Life Sciences have become key focus areas.
Photo: ©Debby Termonia