Nanotech Startup AlixLabs Attracts 14M Series A
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Nanotech Startup AlixLabs Attracts 14M Series A
"AlixLabs, a Lund-based deep-tech company building a new generation of semiconductor manufacturing solutions at the below 7 nm scale, has recently announced the successful closing of a € 14.1 million (SEK 155 million) Series A funding round. The investment will enable AlixLabs to accelerate development and scaling of its proprietary Atomic Layer Etching Pitch Splitting (APS™) technology, a disruptive process that enables more cost-effective leading-edge chip manufacturing."
"This further strengthens AlixLabs' international reach and industry partnerships. The proceeds will be used to expand the company's R&D and production capacity in Lund and the Netherlands, deepen collaboration with foundry partners, and initiate industrial deployment of APS™. "Our technology has the potential to dramatically lower both energy use and costs per wafer, helping to make advanced semiconductor production more accessible," said Jonas Sundqvist, CEO of AlixLabs."
AlixLabs secured €14.1 million in Series A financing led by Navigare Ventures, Industrifonden, and FORWARD.one, with participation from STOAF and Global Brain. The funding will accelerate development and scaling of the company’s Atomic Layer Etching Pitch Splitting (APS™) technology to enable more cost-effective leading-edge chip manufacturing at below 7 nm nodes. Plans include beta testing with leading customers and a path to full-scale manufacturing by 2027, expansion of R&D and production capacity in Lund and the Netherlands, and deeper collaboration with foundry partners to initiate industrial deployment of APS™.
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