BASiC 3C to Present at CleanEquity conference
Cubic SiC start-up BASiC 3C has announced that it will present at the CleanEquity Monaco 2016 conference, an annual, invitation-only event hosted by Innovator Capital, a London based specialist investment bank. The conference is on March 3rd and 4th at the Oceanographic Museum of Monaco.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, Cranfield University, Parkview, PR Newswire, Deloitte, Gillamor Stephens, Enereau, the Monte-Carlo SBM, The Monaco Economic Board, International University of Monaco, and the Oceanographic Museum of Monaco.
BASiC 3C has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media. "We are thrilled to present at this prestigious event," said Bart Van Zeghbroeck, BASiC 3C's CEO. "It is a unique opportunity to showcase our technology to a wide range of cleantech investors and end users."
Founded in 2014, BASiC 3C develops and commercialises cubic SiC (3C-SiC) as a replacement for silicon in cleantech power conversion applications such as solar panels, wind turbines, industrial motor drives and electric vehicles. The material properties result in increased efficiency and reduced cooling requirements leading to reduced converter size, weight and cost.
"Electric vehicles benefit especially from 3C-SiC power control units," said Van Zeghbroeck. "They provide a 10 percent increased vehicle range, without the added weight and cost of a larger battery."
BASiC 3C's main products are 3C-SiC wafers, grown with a patented chemical vapour deposition process. Current wafer sizes are 3in and 4in, to be expanded to 6in by 2017. BASiC 3C's target market is the $12.4B power electronics market led by Infineon, Mitsubishi and STMicrosystems.
Since it started, the company has raised $2M funding from Boulder-based Infield Capital and Texas-based Dankat LLC. It also received a $250,000 grant from the State of Colorado, and was named '2015 Emerging Company of the year' by the Colorado Cleantech Industry Association.
