# LID Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lid-technologies

- Industry: Electronics
- Headquarters: Toulouse, France
- Website: www.ldl-technology.com
- Total disclosed funding: $7.9M
- Latest round: Series A (Jan 7, 2013)
- Investors on record: 7

## About

Based in Ramonville Saint Agne, France, and founded in 2004, LDL Technology S.A.S., a.k.a. LID Technologies operates as an electronics company that focuses on developing and marketing smart and wireless embedded electronic systems for automotive markets. In late 2023, Amphenol acquired Lid Technologies from Galia Gestion, Irdi Capital Investissement, Kreaxi and IXO Private Equity.
 LID Technologies specializes in the development and commercialization of advanced smart and wireless embedded electronic systems tailored for the automotive sector. Their core product offerings include Tire Pressure Monitoring Systems (TPMS) and other wireless electronic technology solutions designed to enhance safety, efficiency, and performance in various  types of vehicles, including trucks, buses, motorcycles, and agricultural machinery. These systems serve to monitor tire pressure in real-time, alerting drivers to potential issues that could affect vehicle performance and safety. The company's products are utilized by leading manufacturers in the automotive market across multiple geographical regions, including North America, Europe, and Asia.

LID Technologies generates revenue primarily through B2B transactions with automotive manufacturers and suppliers. Their revenue model includes direct sales of their TPMS and wireless electronic solutions to vehicle manufacturers, as well as potential partnerships with aftermarket service providers. Transactions typically involve negotiated contracts where clients order a specified volume of products based on their production needs, ensuring a steady supply of essential components for vehicle assembly.

## Funding rounds

- Series A, Jan 7, 2013, $1.7M — Kreaxi, SWEN Capital Partners, IXO Private Equity, Amundi, APICAP, Galia Gestion, Irdi Capital Investissement
- Series A, May 11, 2010, $2.6M — Kreaxi, IXO Private Equity, Amundi, APICAP, Galia Gestion, Irdi Capital Investissement
- Series A, May 15, 2009, $1.4M — Kreaxi, IXO Private Equity, Galia Gestion, Irdi Capital Investissement
- Series A, Aug 23, 2007, $1.3M — Kreaxi, IXO Private Equity, Galia Gestion, Irdi Capital Investissement
- Series A, Oct 24, 2005, $0.9M — Kreaxi, Galia Gestion, Irdi Capital Investissement

## Investors

- Kreaxi (https://capitalatlas.ai/funds/kreaxi) — Series A
- Galia Gestion (https://capitalatlas.ai/funds/galia-gestion) — Series A
- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Series A
- IXO Private Equity (https://capitalatlas.ai/funds/ixo-private-equity) — Series A
- Amundi (https://capitalatlas.ai/funds/amundi) — Series A
- APICAP (https://capitalatlas.ai/funds/apicap) — Series A
- SWEN Capital Partners (https://capitalatlas.ai/funds/swen-capital-partners) — Series A