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AlixLabs secures €15M
April 17, 2026·2 min read

Joy Laoun

News Editor, Vestbee

AlixLabs secures €15M Series A to advance atomic layer etching technology

Swedish semiconductor company AlixLabs has raised €15 million in a Series A funding round to advance its Atomic Layer Etching (ALE) technology and APS™ (Atomic Pitch Splitting) platform. The round included participation from Global Brain, other institutional investors, and strategic investor Stephen Industries.

  • Founded in 2019 as a spin-off from Lund University, AlixLabs develops semiconductor manufacturing processes aimed at producing extremely small and precise structures for advanced chip fabrication.
  • Its core technology, Atomic Layer Etching (ALE), removes material one atomic layer at a time through repeated cycles of surface modification and selective etching, enabling highly controlled, low-damage patterning at nanometre scale.
  • Building on this, APS™ uses pre-formed angled structures to influence how ALE behaves on different surfaces, allowing larger patterns to be split into smaller features and reducing dependence on advanced lithography techniques.

Details of the deal

  • The funding will support further development of APS™ technology, expansion of engineering capabilities, and collaboration with semiconductor manufacturers as the company works toward industrial deployment.

“Stephen Industries brings deep industrial expertise and a proven ability to scale companies in adjacent technology domains. Kustaa’s experience with Picosun is especially valuable as we move from development toward broader commercialization of our APS™ platform," explains Jonas Sundqvist, CEO of AlixLabs.

Deals#News#Sweden

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