Aledia Valuation, Funding & Investors
Aledia is valued at $96M as of June 2015.
Last Aledia valuation
$96M
Series B · Jun 2015
Last Aledia funding round
$127M
Undisclosed stage · Sep 2023
Cumulative funding Aledia raised
$301M
across 5 funding rounds
Key investors in Aledia
Bpifrance
Braemar Energy Ventures
Sofinnova Partners
CEA Investissement
Intel Capital
Supernova Invest
About Aledia
Grenoble-based Aledia is a semiconductor company that manufactures microLED chips using 3D gallium nitride-on-silicon nanowire technology on 200mm silicon wafers. This approach cuts production costs by 75 percent compared to traditional LEDs and leverages CMOS-compatible processes for high-brightness displays. Aledia's products target automotive, AR/VR headsets, wearables, and consumer electronics, with partnerships including Leti and Soitec. Founded in 2011, the company raised over €200 million in funding and shipped prototypes to display makers.
Founded
2011
HQ
GrenobleWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$96M (Jun 2015)
Sectors
Aledia Valuation
Aledia is currently valued at $96M, based on its Series B in June 2015.
The $31M round was led by Braemar Energy Ventures, Demeter Partners and Sofinnova Partners, with participation from ATI Technologies, CEA Investissement, IKEA GreenTech AB, Bpifrance and Valeo.
Aledia valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2015 | Series B | $96M |
Aledia Funding History
Aledia has raised a total of $301M across 5 funding rounds.
Aledia's first fundraising round was a $13M Series A in April 2013. The most recent completed round was a $127M undisclosed-stage round in September 2023.
Aledia funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2023 | Undisclosed stage | CEA Investissement; Supernova Invest; Braemar Energy Ventures; Bpifrance; La French Tech | $127M | - | Aledia is a French semiconductor company based in Échirolles, specializing in 3D microLED technology for displays, particularly targeting augmented reality (AR) applications. The company develops innovative LED architectures using a unique 3D approach to enable high-performance, energy-efficient microLEDs. In September 2023, Aledia raised $126.85M in a Series E funding round from investors including Bpifrance, Braemar Energy Ventures, CEA Investissement, Fonds French Tech Acceleration (La French Tech), and Supernova Invest, bringing total funding to over $331M across 8 rounds. A prior Series B in June 2015 had a valuation of $95.5M. The funds supported scaling production, including the unveiling of a $200M microLED factory dedicated to AR displays. Aledia aims for over €1B in revenues within five years by equipping its factory for mass production of microLED components. Aledia operates in the growing microLED display market, projected to expand significantly, competing with players like Apple and others in large-scale, small/medium, and micro displays. The company has around 257 employees and focuses on industrial machinery and equipment for advanced displays. Recent developments include a $30M funding mention in some scoops, but the primary news centers on factory expansion and market positioning in high-brightness, low-power LEDs for AR/VR. |
| Oct 2020 | Series D | Bpifrance (lead); European Innovation Council; Intel Capital | $93M | - | Aledia is a Grenoble, France-based startup founded in 2012 as a spin-out from CEA-Leti, specializing in microLED display technology for applications including laptops, tablets, smartphones, smartwatches, augmented-reality glasses, and large TVs. The company develops proprietary 3D microLED chips and components targeting the global $120 billion display market with next-generation manufacturing. In October 2020, Aledia closed the first tranche of €80 million (approximately $94-94.6 million USD) in its €120 million Series D financing round, led by Bpifrance through its Industrial Projects Society (SPI) fund, underwritten by the French State under the Programme d'Investissements d'Avenir (PIA). Investors included Intel Capital, Valeo, Braemar Energy Ventures, Demeter Investment Partners, Ecotechnologies fund of Bpifrance, Ingka Investments, Sofinnova Ventures, Supernova Invest, TEL (Tokyo Electron), and other strategic technology companies. The funds aim to complete product development and establish a high-volume 3D microLED manufacturing facility in the Grenoble area, with an estimated capex of €40 million excluding equipment; subsequent tranches were planned within the next year. Aledia had prior rounds including Series C in 2018, with a reported valuation of $95.5 million in June 2015. Later, in September 2023, Aledia raised €120 million in a Series E round from historic shareholders including Bpifrance, CEA Investissement, Supernova Invest, Braemar Energy Ventures, and the French Tech Sovereignty fund under France 2030, coinciding with Pierre Laboisse joining as President & CEO to accelerate industrial developments. Cumulative funding reached approximately $331 million across 7-8 rounds by 2023. |
| Jan 2018 | Series C | Intel Capital (lead); Sofinnova Partners; IKEA GreenTech AB; Supernova Invest; Demeter; Braemar Energy Ventures; Bpifrance | $37M | - | Aledia is a Grenoble, France-based developer and manufacturer of next-generation 3D LEDs for display applications, leveraging a gallium-nitride-nanowires-on-silicon platform aimed at mobile displays with improved energy efficiency, quality, and cost. The company announced the closing of its Series C financing round on January 29, 2018, raising €30 million (approximately $36-37 million). Intel Capital joined as a new lead investor, with participation from the majority of existing investors including Braemar Energy Ventures, Demeter, Bpifrance's Ecotechnologies Fund, IKEA Group's venture capital arm, Sofinnova Partners, and Supernova Invest. The funds are intended to commercialize nanowire-LED technologies for mobile displays, as highlighted by Intel's interest in innovating display technologies across client platforms. Intel Capital, the investment arm of Intel Corporation, emphasized Aledia's potential to impact mobile consumer electronics through large-area silicon fabrication for 3D LED technology. Gregory M. Bryant, then senior vice president and general manager of Intel's Client Computing Group, noted the critical role of energy efficiency, display quality, and cost in displays. The IKEA Group invests in innovative companies supporting sustainable, connected, and affordable home life solutions. No financial metrics such as post-money valuation, revenue, ARR, EBITDA, or valuation multiples were disclosed in the announcements. Aledia focuses on disruptive display technologies, positioning itself in the evolving microLED and advanced LED market for consumer electronics. Intel Capital has a history of investing in startups across 5G, AI, data centers, and other areas, with over $12.2 billion invested in 1,500 companies by 2018. The round aligns with broader industry interest in next-generation displays to challenge traditional LCD and OLED technologies. |
| Jun 2015 | Series B | Braemar Energy Ventures (lead); Demeter Partners (lead); Sofinnova Partners (lead); ATI Technologies; CEA Investissement; IKEA GreenTech AB; Bpifrance; Valeo | $31M | $96M | Aledia is a France-based developer of microLED technology, spun out from CEA-Leti to commercialize 3D nanowire LED platforms for displays and AR applications. The company has raised over $331 million across 7 funding rounds from 15 investors, including Bpifrance, Braemar Energy Ventures, CEA Investissement, Demeter Partners, Sofinnova Partners, and others. In June 2015, Aledia completed a Series B round on June 19, with a post-money valuation of $95.5M, matching the investors and approximate date specified. Subsequent rounds include a Series C in 2018, Series D in 2020, a line of credit in 2022, and a Series E in September 2023 raising $126.85M led by existing investors. Aledia has developed two nanowire LED platforms: one for microdisplays and another next-generation platform enabling direct RGB emission for high-density AR arrays up to 6500ppi. The company holds over 250 patent families and uses Veeco CVD equipment for epiwafer production. In 2020, Aledia planned a €140 million LED fab in Champagnier, France, raising €110 million initially toward that goal. By 2023, it raised an additional €120 million (approximately $126.85M) from investors like CEA Investissement and Supernova Invest, bringing total funding over €360 million, and announced readiness for mass production of microLEDs. |
| Apr 2013 | Series A | Demeter Partners; CEA Investissement; Sofinnova Partners; Braemar Energy Ventures | $13M | - | Aledia is a semiconductor technology company founded in 2011 that develops MicroLED display technology based on proprietary 3D nanowire-on-silicon architecture. The company's technology delivers enhanced luminous efficacy and aims to reduce cost per lumen significantly compared to traditional LED solutions. In 2013, Aledia completed a Series A funding round raising $12.83 million. The company has since grown to 230 employees and over €360 million in total funding across 10 years, pursuing an ambitious strategy in next-generation MicroLED semiconductor technologies for applications including automotive, consumer electronics, and lighting. |
Who has invested in Aledia?
13 investors have backed Aledia across its funding rounds, including Bpifrance, Braemar Energy Ventures, Sofinnova Partners, CEA Investissement, Intel Capital and Supernova Invest.
Lead investors include Bpifrance, Intel Capital, Braemar Energy Ventures, Demeter Partners and Sofinnova Partners.
Aledia Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 New York City, NY | 4 | Lead | Apr 2013 | |
| Paris | 4 | Lead | Jun 2015 | |
| Paris | 3 | Participant | Apr 2013 | |
| Paris | 3 | Lead | Apr 2013 | |
| Paris | 2 | Lead | Apr 2013 | |
 Malmö | 2 | Participant | Jun 2015 | |
| Paris | 2 | Participant | Jan 2018 | |
| Santa Clara, CA | 2 | Lead | Jan 2018 | |
 Brussels | 1 | Participant | Oct 2020 | |
| United States | 1 | Participant | Jun 2015 | |
| Paris | 1 | Participant | Jan 2018 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAledia Competitors
Aledia competitors include listed companies like Vuzix and Sourcenext, and private ones like LINKFLOW, Midstereo, OPKIX and Mojo Vision.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Seoul | Private | - | - | $73M | - | |
 Guangzhou | Private | - | - | $52M | - | |
| United States | Publicly listed | $6M | ($29M) | $232M | 33.9x | |
| Los Angeles, CA | Private | - | - | $245M | - | |
| San Jose, CA | Private | - | - | $280M | - | |
 Japan | Publicly listed | $74M | ($19M) | $94M | - |
Aledia Public Comps
Aledia is still privately-owned, but its public comps include Sourcenext, Reeder, Positivo Tecnologia, Kudan, Eurotech, We connect, Groupe LDLC, Viomi, Maytronics and Videndum.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $74M | ($19M) | 1.3x | - | (5.2x) | - | |||
| $37M | ($13M) | 2.8x | - | (7.8x) | - | |||
| $599M | $55M | 0.4x | 0.4x | 4.3x | 3.4x | |||
| $8M | ($1M) | 12.1x | 13.3x | (79.7x) | - | |||
| $64M | ($4M) | 1.5x | 1.4x | (25.8x) | (6166.7x) | |||
| $523M | $47M | 0.1x | - | 1.1x | - | |||
| $638M | $28M | 0.2x | 0.2x | 4.8x | 5.1x | |||
| $362M | $25M | - | - | - | - | |||
This data is available for Pro users. Sign up to see all Aledia competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aledia
| When was Aledia founded? | Aledia was founded in 2011. |
| Where is Aledia headquartered? | Aledia is headquartered in Grenoble, France. |
| Is Aledia publicly listed? | No, Aledia is a private, VC-backed company. |
| What is Aledia's valuation? | Aledia was last valued at $96M in its Series B in June 2015. |
| How much funding has Aledia raised? | Aledia has raised $301M across 5 funding rounds. |
| What was Aledia's last funding round? | Aledia's last funding round was a $127M undisclosed-stage round in September 2023. |
| Who are Aledia's investors? | Aledia's investors include Braemar Energy Ventures, Bpifrance, CEA Investissement, Sofinnova Partners, Demeter Partners, IKEA GreenTech AB, Supernova Invest, Intel Capital, European Innovation Council, ATI Technologies and 3 others. |
| Which companies are comparable to Aledia? | Companies comparable to Aledia include LINKFLOW, Midstereo, Vuzix, OPKIX, Mojo Vision and Sourcenext. |
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