Calyos
Calyos is the global leader in Advanced 2-Phase Cooling Solutions for electronic components.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| N/A | €4.5m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Calyos is a Belgian company specializing in the design and manufacturing of advanced two-phase thermal management systems for electronics. Incorporated in 2011 and spun-off from Euro Heat Pipes (EHP) in 2014, the company leverages space-grade cooling technologies for terrestrial applications. Calyos was founded by Olivier de Laet and is headquartered in Charleroi, Belgium. The firm's core mission is to provide sustainable thermal management solutions for the high-power-density challenges in the e-mobility, data center, and computing markets.
The company develops pump-less, passive cooling systems that utilize technologies like loop heat pipes (LHP), heat pipes, and micro-channel heat pipes. These systems harness the waste heat from electronic components to vaporize a dielectric refrigerant, which then transports the heat over distances to be dissipated, before condensing back into a liquid and returning to the source. This passive process eliminates the need for pumps, which are common points of failure in traditional liquid cooling, and reduces energy consumption, weight, and maintenance requirements. Calyos' solutions are designed to cool high-performance electronics in applications such as electric vehicle power electronics and batteries, data center servers, and embedded systems.
Calyos serves a global clientele, including automotive OEMs and partners in the computing and renewable energy sectors. The business model involves working closely with clients to develop and produce custom and semi-custom solutions tailored to their specific applications, from initial modeling and simulation to mass production through industrial partners. The company has secured multiple funding rounds to fuel its growth and industrialization, with the latest €4 million capital raise in December 2024 aimed at accelerating market expansion in the automotive and data center sectors. This investment positions Calyos on a path to reach break-even within the next two years.
Keywords: two-phase cooling, thermal management, passive cooling, loop heat pipes, electronics cooling, data centers, e-mobility, power electronics, heat pipes, sustainable cooling