LONDON A research project based around the creation of Peltier cooling chips at Germany’s Infineon Technnologies AG has been spun off as Micropelt GmbH with backing from SHS Gesellschaft fur Beteiligungsmanagement mbH.
Micropelt (Freiburg, Germany) started as a collaborative project between Infineon and the Fraunhofer Institute for Physical Measurement Techniques (Fraunhofer IPM) in Freiburg.
SHS (Tuebingen, Germany) was scheduled to take a majority stake in the company in a consortium with the KfW Mittelstandsbank, the Landeskreditbank Baden-Württemberg, and the MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg. Infineon Technologies AG and the Micropelt management team would remain as minority shareholders, SHS said.
The amount invested was not disclosed.
Micropelt develops thermoelectric components such as Peltier coolers and thermogenerators and the company claims its devices, made using semiconductor manufacturing processes, offer advantages over classical cooling devices, in particular allowing the creation of very small components.
The components are intended for the spot-cooling of integrated circuits, of fiber optic transceivers, for temperature control in biomedical applications and for power generation in portable applications.
Substrates are standard silicon and silicon dioxide wafers with thermoelectric bismuth telluride materials deposited using sputtering techniques. Afterwards n- and p-wafers are finalized by dry etching. The wafers are sawn to produce single n- and p-type dies which are soldered together to produce Peltier coolers and thermogenerators.
The company also offered a free over-the-internet simulation tool called Mypelt which could be accessed at the company’s website.
Founded in 1993, SHS GmbH has three investment funds SHS Venture Capital KG, SHS Technologiebeteiligungen mbH, and SHS Mittelstand KG and has about 80 million euros (about $100 million) under management, the company said. The shareholders are Bernhard Schirmers and Reinhilde Spatscheck, both former McKinsey advisors, and Hubertus Leonhardt, a former corporate finance project manager with Arthur Andersen.