Microchannel Devices S.r.l.
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Microchannel Devices S.r.l. - overview
Established
2019
Location
Torino, -, Italy
Primary Industry
Materials
About
Based in Torino, Italy, and founded in 2019, Microchannel Devices S. r. l. operates as a developer of a proprietary technology that encompasses the entire process, starting from the engineering of micro-channel devices to Industry 4.
0 manufacturing and certification. The company was founded by Alessandro Vaiarelli. As of 2023, the company is led by its CEO, Alessandro Vaiarelli. In August 2021, Microchannel Devices S.
r. l. raised EUR 2 million in venture funding led by new investor Liftt, with participation from Elysia Capital. The company specializes in manufacturing extra-large heat exchangers called PCHE (Printed Circuit Heating Exchangers) for the hydrogen and power industries.
Its products cover the entire process of hydrogen and LNG production, distribution, and utilization, as well as CO2 utilization and power generation. The company also provides innovative plate-to-plate fluid connection and heat exchange solutions to clients in the nuclear, hydrogen, and chemical reactor industries, offering alternative and cutting-edge products in these sectors.
Current Investors
Elysia Capital, Liftt
Primary Industry
Materials
Sub Industries
Advanced Materials
Website
www.microchannel-devices.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Microchannel Devices S.r.l. - timeline of key events

Microchannel Devices S.r.l. - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 5,300 | 40,230 | 256,492 | - | - | - |
| % Revenue Growth (YoY) | - | 659.1% | 537.6% | - | - | - |
| EBITDA (USD) | 3,343 | (30,317) | 109,866 | - | - | - |
| Operating Income (USD) | 862 | (34,219) | 63,624 | - | - | - |
| Operating Margin | 16.3% | (85.1%) | 24.8% | - | - | - |
| % EBITDA Margin | 63.1% | (75.4%) | 42.8% | - | - | - |
| NET Income (USD) | 656 | (27,874) | 53,131 | - | - | - |
| % Net Margin | 12.4% | (69.3%) | 20.7% | - | - | - |
Microchannel Devices S.r.l. - employee data


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