Ancoris Capital Partners Acted as Exclusive Financial Advisor to Aledia on its €80 Million Equity Financing Completed with Société de Projet Industriel (SPI) and Existing Investors Including Intel Capital

Ancoris Capital Partners acted as the exclusive financial advisor to Aledia SAS (“Aledia” or the “Company”) on its €80 million equity financing led by investment fund Société de Projet Industriel (“SPI”) with participation from the majority of the Company’s existing investors, including Intel Capital.

Aledia, a France-based technology startup founded in 2011, has developed a disruptive technology for microLED displays. This next generation, energy efficient technology increases battery life, allows for better outdoor readability, improves image quality, and enhances resolution for laptops, tablets, smartphones, smartwatches, augmented-reality glasses and large TVs.

The Company will utilize proceeds to finalize the product development stage. Additionally, the Company plans to break ground on its state-of-the-art, high-volume 3D microLED manufacturing facility in Grenoble, France.

Aledia’s technology has been validated by top-tier industry partners, which have formed strategic collaborations with the Company. France-based SPI fund, the lead investor in this Series D financing, aims to support projects within the industrial sector. SPI is managed by the public investment bank, Bpifrance Investissement.

Aledia’s additional value-added strategic investors and blue-chip institutional investors include: Intel Capital, Braemar Energy Ventures, Demeter Investment Partners, the Ecotechnologies fund of Bpifrance, Ingka Investments, Sofinnova Ventures, Supernova Invest, TEL (Tokyo Electron), Valeo, as well as several other large, top technology manufacturers and companies.