Sweden’s AlixLabs has raised €14.1M to develop its chip-manufacturing technology further and prepare it for testing with customers.
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Lund-based AlixLabs AB, a deeptech company building a new generation of semiconductor manufacturing solutions, has completed a €14.1M in Series A funding round.
The global semiconductor industry faces rising capital intensity, high energy use, and a need to decarbonise production. AlixLabs’ Atomic Layer Etching Pitch Splitting (APS) platform introduces a new method that enables ultra-fine pitch splitting through etching at the atomic scale, without relying on multi-patterning or full EUV lithography. This leads to lower process complexity, lower power use, and a smaller environmental footprint per wafer.
The funding will help AlixLabs to begin APS beta testing with key customers in 2026 and aim for manufacturing use in 2027.
Investors supporting AlixLabs
Navigare Ventures, Industrifonden, and FORWARD.one led the round, continuing their role as key investors. STOAF from Sweden and Japanese venture capital firm Global Brain also took part.
Alex Basu, Chief Investment Officer at Navigare Ventures, says, “We’ve believed in AlixLabs’ vision from the start. Their technology tackles a critical bottleneck in semiconductor scaling and opens a path to more cost-efficient advanced chip manufacturing. We’re excited to see APS validated with real customers – the next phase is all about bringing it onto the fab floor.”
Tobias Elmquist, Senior Investment Director at Industrifonden, adds, “AlixLabs is a clear example of world-class innovation emerging from Sweden’s deeptech ecosystem. Their APS technology could fundamentally reshape the economics of advanced chipmaking while contributing to the industry’s sustainability goals.”
Capital utilisation
The Swedish company will use the funds to speed up the development and scale-up of its APS process, which supports lower-cost production of advanced chips.
The new backing extends AlixLabs’ global presence and partnerships. The funds will support the growth of R&D and production in Lund and the Netherlands, expand work with foundry partners, and early-stage industrial rollout of APS.
Jonas Sundqvist, CEO of AlixLabs, says, “This Series A enables us to transform our APS innovation from customer validation to industrial adoption. We’re now entering an exciting phase where our focus turns toward beta testing with leading customers – a critical step on the path to full-scale manufacturing by 2027.”
“Our technology has the potential to dramatically lower both energy use and costs per wafer, helping to make advanced semiconductor production more accessible.”
Arjan Göbel, Partner at FORWARD.one, adds, “We’re thrilled to continue supporting AlixLabs as they further progress to commercialisation. With beta testing underway and manufacturing planned by 2027, AlixLabs is entering the most exciting chapter yet in its journey.”
