Aledia
Team size: 201 - 500
Sector: Manufacturing and materials
About Aledia
Company revenue: US$ 100 - 500 million
Investors: Bpifrance, Demeter, Sofinnova Partners, Trinity Capital, Valeo
Company stage: Other
Aledia develops and manufactures innovative light-emitting diodes based on a unique 3D architecture using gallium-nitride on-silicon microwires. The technology uses standard silicon wafers with diameters of 8 inches (200 mm) and existing CMOS wafer-fabrication processes and tools, enabling the production of LED chips at 25 percent of the cost of traditional planar LED chips. The process and tools help develop both mobile displays and microdisplays for AR/VR applications, enabling users to use them for direct-view displays such as for smartphones, smartwatches, tablets, and laptops. In 2011, Giorgio Anania, Philippe Gilet, and Xavier Hugon co-founded the Grenoble, Rhone-Alpes-based company.