Aledia closes a $30 million financing line from Trinity Capital

Trinity Capital announced that it has closed $30 million equipment financing line for Aledia, which will use the funds to expand its microLED nanowire growth manufacturing facility, and accelerate its product platform and R&D.

Aledia microLED produced on 300mm silicon at CEA-Leti

Aledia announced in 2020 that it plans to establish a 140 million euros LED production fab in Champagnier, near Grenoble in France. The company already raised 80 million Euros towards that goal, and the new funds announced will add to that.

Aledia's new fab will use Veeco's 300 mm MOCVD systems.

Posted: May 12,2022 by Ron Mertens