AlixLabs, a Lund, Sweden-based semiconductor company, raised SEK 40M in funding.
The round was led by Navigare Ventures, Industrifonden, and FORWARD.one
The company intends to use the funds to expand operations and its business reach.
Led by CEO Jonas Sundqvist, AlixLabs has developed an Atomic Layer Etching (ALE) Pitch Splitting technology (APS). Through it, the company enables the precise division of nanostructures while reducing energy consumption and emissions.
Commenting on the news, Jonas Sundqvist, said: “The investment plays a pivotal role in propelling our company towards scalable success. The infusion of capital not only validates our vision but also empowers us to bring our groundbreaking technology to the forefront of semiconductor manufacturing. This investment marks a significant milestone as we work towards our goal: to have our meticulously developed process adopted by circuit manufacturers in their most advanced production by 2025. With this support, we are forging a path to transform the semiconductor landscape and usher in a new era of efficiency and innovation.”
FinSMEs
05/09/2023