Funding sets stage for CU smartphone spinoff to commercialize

BOULDER — Kelvin Thermal Technologies Inc., a smartphone-technology startup from two University of Colorado Boulder professors, raised $200,000 in private equity to match a $250,000 grant from the state of Colorado.
The company has developed a new method of cooling smartphones, Y.C. Lee, president and CEO, told BizWest. When phones overheat, it causes them to not operate well, and can actually be harmful to the user. Lee said that if an alternate-reality headset with a smartphone overheats, it can cause a small sunburn on the person’s face.
Most smartphones use aluminum casing to help…
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