LONDON, Feb. 16, 2016 /PRNewswire/ -- BASiC 3C, Inc. will present at CleanEquity Monaco 2016 on March 3rd & 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."
BASiC 3C develops and commercializes cubic silicon carbide (3C-SiC), a novel semiconductor material, as a replacement for silicon in cleantech power conversion applications such as solar panels, wind turbines, industrial motor drives and electric vehicles. Its superior 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% 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 vapor deposition process. Current wafer sizes are 3" and 4", to be expanded to 6" by 2017. This is the starting material from which high voltage power switches such as MOSFETs and IGBTs can be manufactured. BASiC 3C's target market is the $12.4B power electronics market led by Infineon, Mitsubishi and STMicrosystems.
Founded in 2014, BASiC 3C 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.
About Innovator Capital
Innovator Capital is a specialist investment bank advising emerging technology companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.
SOURCE Innovator Capital