Intel invests in next-gen 3D nanowire LEDs from Aledia

Next-generation 3D LED manufacturer Aledia (Grenoble, France) closed a Series C financing round with Intel Capital as a new investor. In addition to Intel Capital, the majority of existing Aledia investors participated in the $37.3 million dollar (30 million euro) round, including Braemar Energy Ventures, Demeter, the Ecotechnologies Fund of Bpifrance, (the French national industrial bank), IKEA Group, the venture capital arm of IKEA, Sofinnova Partners, and Supernova Invest.

Aledia's LED displays are based on WireLED (trademarked) 3D nanowire technology, which allows manufacturing of 3D LEDs on 8-inch (200 mm) or larger silicon wafers in existing microelectronics foundries and straightforward integration with electronics.