News: Suppliers
19 November 2025
AlixLabs raises €15m in Series A funding round to accelerate APS beta testing
Sweden-based AlixLabs AB (which was spun off from Lund University in 2019) has closed a €15m (~SEK165m) Series A funding round led by long-term investors Navigare Ventures, Industrifonden, and FORWARD.one, and joined by Sweden-based STOAF as well as Global Brain (an independent Japanese venture capital firm that manages strategic funds and invests in semiconductor startups), further strengthening AlixLabs’ international reach and industry partnerships.
The investment will enable AlixLabs to accelerate development and scaling of its proprietary Atomic Layer Etching Pitch Splitting (APS) technology, which enables more cost-effective leading-edge chip manufacturing. The proceeds will be used to expand R&D and production capacity in Lund and the Netherlands, deepen collaboration with foundry partners, and initiate industrial deployment of APS.
“This Series A enables us to transform our APS innovation from customer validation to industrial adoption,” says CEO Jonas Sundqvist. “Our focus [now] 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,” he adds.
“Their technology tackles a critical bottleneck in semiconductor scaling and opens a path to more cost-efficient advanced chip manufacturing,” comments Navigare Ventures’ chief investment officer Alex Basu. “We’re excited to see APS validated with real customers – the next phase is all about bringing it onto the fab floor,” he adds.
“Their APS technology could fundamentally reshape the economics of advanced chipmaking while contributing to the industry’s sustainability goals,” says Tobias Elmquist, senior investment director at Industrifonden.
With the global semiconductor industry facing rising capital intensity, soaring energy demands and an urgent need to decarbonize production, AlixLabs says that its APS platform offers a powerful new approach – enabling ultra-fine pitch splitting through atomic-scale precision etching, without the need for prohibitively expensive multi-patterning or exclusive reliance on EUV lithography. The result is lower process complexity, reduced power consumption, and smaller environmental footprint per wafer.
With its Series A funding secured, AlixLabs aims to accelerate APS beta testing with key customers starting 2026, targeting early manufacturing implementation by 2027.
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AlixLabs collaborates with Linköping University
EU Intellectual Property Office grants trademark registration for AlixLabs’ APS process
