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Aledia Completes Financing Round, Adds Intel as Investor

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GRENOBLE, France, Feb. 21, 2018 — Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications based on a gallium-nitride-nanowires-on-silicon platform, has announced the closing of its Series C financing round with Intel Capital as a new investor. The majority of existing Aledia investors also participated in the €30 million ($37 million) round including Braemar Energy Ventures, Demeter, the Ecotechnologies Fund of Bpifrance, Ikea Group, Sofinnova Partners and Supernova Invest. “The opportunity for Aledia’s breakthrough nanowire-LED display technology is huge,”...Read full article

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