Company Research Report: ToffeeX

Company Overview

• Name: ToffeeX

• Mission: ToffeeX aims to empower engineers to generate optimal designs efficiently, enabling innovation in engineering design.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Marco Pietropaoli, CEO & Co-Founder

• Luca Masi, Head of Sales

• Nigel Johnston, Engineering Manager

• Antonio Di Caterino, Customer Success Lead

• Francesco Montomoli, CSO & Co-Founder

• Alejandro Ortega Ancel, Head of Marketing & Operations

• Philip Wood, CFO

• Thomas Rees, Tech Lead

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: ToffeeX is recognized for its cloud-based, physics-driven generative design software that assists in creating optimized designs for engineering applications.

Products

• ToffeeX Generative Design Software:

• Description: A cloud-native software solution that employs physics-driven simulations to autonomously optimize designs for performance, especially in fluid and thermal management applications.

• Key Features:

• Setup: Define design domain and goals.

• Design: Generate optimized designs in hours.

• Export: Ready-to-test designs.

• Design for Manufacturing: Incorporates multiple manufacturing processes:

• Additive Manufacturing: Designs for 3D printing.

• Machining: Milling and CNC processes.

• Stamping: Quick manufacture at scale.

• Chemical Etching: Complex 2D pattern creation.

• Multi-objective Optimization: Allows simultaneous optimization for various parameters, such as pressure losses and thermal performance.

Recent Developments

• Aerospace Technology Institute Hub Breakthrough Award 2024: ToffeeX was recognized for its potential in shaping the aerospace industry's future toward Net Zero 2050.

• Partnership with SCSK: Focused on enhancing generative design for thermal management in the Japanese market.

• Financial and Project Developments:

• Innovate UK grant for cold plate heat exchanger design.

• Participation in Project Hyfan, focusing on hydrogen fuel cell propulsion systems for drones.

• Funding:

• £5 Million in Series A Funding led by Presidio Ventures and East Innovate (November 2022).

• £1 Million in Seed Funding led by IQ Capital with contributions from the Royal Academy of Engineering and Imperial College London (July 2020).

Additional Highlights

• Applications Across Industries:

• Utilized in aerospace, automotive, electronics, and energy sectors.

• Provides solutions such as coolant systems, heat exchangers, and component cooling.

• Advancements in Heat Sink Design:

• In collaboration with Ricoh, achieved a 31% improvement in thermal efficiency using ToffeeX's design software combined with Aluminium Binder Jetting technology.

• Ongoing development of high-efficiency cooling components tailored to specific industries.

Partnerships and Collaborations

• Notable Collaborators:

• SCSK, Ricoh

• Industry Collaborations:

• Aerospace Technology Institute, Innovate UK

This report offers a comprehensive view of ToffeeX's activities, capabilities, and recent advancements, focusing on their industry-leading physics-driven generative design software that aims to revolutionize various engineering fields through innovative design and optimization solutions.