France-based 3D GaN LED developer Aledia announced its Series-C Financing round, totaling $36 million. Its existing investors participated in this round, and Aledia also announced that Intel Capital has joined as a new investor.
Aledia also says that it is developing next-generation Micro-LED displays with several large industrial partners. Aledia is developing both mobile displays (for smartphones, tablets, etc) and micro displays for AR/VR applications.
Aledia raised over $40 million in two financing rounds in 2013 and 2015. Aledia develops a 3D nanowire-on-silicon technology that can be manufactured on 200 mm and 300 mm silicon wafers.