Aledia MicroLEDs: trusted by world-class investors
Investors trust our company's long-term prospects and are attracted to Aledia's potential to become a leader in the very large and strategic display market.
Close partnerships with our investors
Aledia’s technology has been highly-recognized by top-tier industry players which have formed strategic collaborations with the company.
Investors appreciate our ability to:
- Address the $120 billion display market with a disruptive technology
- Propose a unique nanocrystal technology which, in addition to being more efficient and brighter than current alternatives, is competitively priced.
- Target the display market using large-size silicon wafers and processes developped by the microelectronics industry.
- Protect our technology by 238 patent families.
Aledia has attracted value-added strategic investors as well as blue-chip institutional investors, including:
- Braemar Energy Ventures
- Demeter Investment Partners
- Bpi France Ecotechnologies Fund
- Ingka Investments
- Intel Capital
- Sofinnova Ventures
- Supernova Invest
- TEL (Tokyo Electron)
- Bpi France SPI Fund
- Groupe Idec
- Several large technology companies
State and Regional support
In July 2020, the Rhône-Alpes Region and the Grenoble Metropole approved a €12M guarantee to help Aledia build a new manufacturing site based in Champagnier near Grenoble.
In September 2020, the Investment Fund Société de Projet Industriel (SPI), a fund managed by Bpifrance and underwritten by the French State as part of the Programme d’Investissements d’Avenir (PIA), was lead investor in Aledia’s latest € 150 M equity round.
In 2020-2022, Aledia raised €150 million as part of its Series D equity financing to complete product development and create a new display manufacturing facility based on Aledia’s proprietary 3D microLEDs technology .
“Aledia’s nanowire technology has a very big potential to make a step-change improvement in LED technology”.
Prof. Hiroshi Amano, Physics Nobel Prize winner and former member of Aledia’s Scientific Advisory Board.
- Aledia has developed and patented a 3D microLED technology based on GaN (Gallium Nitride) nanowires on large-area silicon wafers.
- More than 238 patent families (April 2022).
Supply Chain Advantage
Contrarily to today’s available microLED applications based on sapphire chips, which require dedicated factories, Aledia’s technology is able to leverage already available, established, high-yield microelectronics processes and capacity in existing foundries – making it highly competitive in terms of manufacturability.
Experienced senior leadership team
The management team includes industry experts with an average of 25+ years of experience. The senior team has an established track record of building large technology companies and creating significant shareholder value.
Aledia employs 210+ employees, of which more than 60 hold PhDs.
2020 - 2022
Building of a new production site in Champagnier (near Grenoble) France. Complete transfer of silicon processing to high-volume commercial silicon foundries.
All R&D staff moved to Echirolles, new building dedicated to R&D and low-volume production . The new building is also the company's headquarters. Installation of equipment necessary to facilitate the start of volume nanowire production.
Aledia’s Nanowire Technology is designed on 200mm large wafers and will be moved to 300mm Silicon Wafers by 2023 in time for high-volume production, significantly more than existing microLED platforms.