Aledia raises €30 million and welcomes Intel
Categorie(s) : Industry, Life @ MINATEC, News, Research
Published : 1 April 2018
Startup Aledia, which specializes in a 3D LED technology, has just completed its third round of fundraising, bringing in €30 million in fresh capital. In addition to the company’s past investors, which include Ikea, the high-profile Intel Capital has now also joined the ranks of the company’s investors. This new investor is evidence that Aledia’s technology, based on forests of high-yield gallium nitride nanowires, offers substantial potential. The technology targets consumer markets like smartphones, laptops, tablets, and virtual-reality devices.
The influx of funds will position Aledia to invest more in R&D and purchase strategic equipment. The company also plans to hire around 20 new junior and senior employees for its Grenoble site. The company will also maintain its joint R&D activities with Leti.