# Aledia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aledia

- Industry: Electronics
- Headquarters: Echirolles, France
- Website: www.aledia.com
- Total disclosed funding: $158M
- Latest round: Series D (Oct 7, 2020)
- Investors on record: 13

## About

Aledia SA is a French company specializing in advanced microLED technologies that enhance display screens for a variety of applications, including consumer electronics and commercial sectors.Aledia SA, founded in 2011 and headquartered in Echirolles, France, develops and produces microLED technologies through innovative 3D silicon nanowire technology. The company has been involved in 8 funding deals, with the latest lead investment from Bpifrance Investissement in September 2023, raising EUR 120 mn. The founder, Giorgio Anania, has a background in technology and entrepreneurship, although details about other ventures are not provided.Aledia specializes in the development and production of advanced microLED technologies designed to enhance display screens across various applications. Their core offerings include microLED components that utilize innovative 3D silicon nanowire technology, enabling multifunctional, interactive, and transparent displays. These products deliver exceptional performance in brightness, contrast, color range, and purity, making them suitable for devices like smartwatches, smartphones, tablets, laptops, televisions, and augmented reality systems. Aledia’s solutions are produced in France, targeting both consumer electronics and commercial sectors across Europe, North America, and Asia, serving both consumers and businesses.Aledia generated revenue of EUR 2,581,441 in the most recent year, 2019, with an EBITDA loss of EUR -30,291,628. The company earns revenue through direct sales of microLED products to consumer electronics manufacturers and commercial display providers, with transactions primarily structured around B2B interactions and enterprise agreements. Their flagship offerings are designed to meet specific display needs and foster ongoing client relationships.In September 2023, Aledia secured EUR 120 mn in funding led by Bpifrance Investissement, which will be utilized to accelerate the manufacturing of its LED technologies. The company aims to expand into new geographic markets, with specific plans to enhance their footprint in Europe, North America, and Asia. Upcoming products focused on advanced microLED applications are also in development, further solidifying their strategy for future growth.

## Funding rounds

- Series D, Oct 7, 2020, $59M — Sofinnova Partners, Intel Capital, Braemar Energy Ventures, Demea Invest, TEL Venture Capital, IKEA GreenTech, Bpifrance Investissement, Valeo, Supernova Invest
- Series C, May 3, 2019, $20M — Intel Capital, IRIS, Braemar Energy Ventures, CEA Investissement, Bpifrance Investissement, TEL Venture Capital, INC., Demeter Investments
- Series C, Apr 6, 2018, $38M — Sofinnova Partners, Intel Capital, Braemar Energy Ventures, Demea Invest, CEA Investissement, IKEA GreenTech, Bpifrance Investissement
- Series B, Jun 18, 2015, $25M — Sofinnova Partners, Demea Invest, CEA Investissement, IKEA GreenTech, Bpifrance Investissement, Valeo
- Series A, Mar 15, 2014, $8.3M — Sofinnova Partners, Braemar Energy Ventures, Demea Invest, CEA Investissement
- Series A, Jul 19, 2012, $7.3M — Sofinnova Partners, Braemar Energy Ventures, Demea Invest, CEA Investissement

## Investors

- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series A, Series B, Series C, Series D
- Braemar Energy Ventures (https://capitalatlas.ai/funds/braemar-energy-ventures) — Series A, Series C, Series D
- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series A, Series B, Series C, Series D
- CEA Investissement (https://capitalatlas.ai/funds/cea-investissement) — Series A, Series B, Series C
- IKEA GreenTech (https://capitalatlas.ai/funds/ikea-greentech) — Series B, Series C, Series D
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B, Series C, Series D
- Valeo — Series B, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C, Series D
- IRIS (https://capitalatlas.ai/funds/iris) — Series C
- TEL Venture Capital, INC. — Series C
- Demeter Investments — Series C
- TEL Venture Capital (https://capitalatlas.ai/funds/tel-venture-capital) — Series D
- Supernova Invest (https://capitalatlas.ai/funds/supernova-invest) — Series D