Swedish Deeptech Startup AlixLabs Raises €14.1M For Advanced Chip Production

As the semiconductor industry confronts rising capital intensity, high energy consumption, and pressure to decarbonise, AlixLabs offers an alternative with its Atomic Layer Etching Pitch Splitting (APS) platform. APS enables ultra-fine pitch splitting through atomic-scale etching without multi-patterning or full EUV lithography reducing process complexity, energy use, and the environmental footprint per wafer.

The new funding will allow AlixLabs to begin APS beta testing with key customers in 2026, with manufacturing deployment targeted for 2027.

The round was led by Navigare Ventures, Industrifonden, and FORWARD.one, who remain key investors. Additional participation came from Sweden’s STOAF and Japanese venture capital firm Global Brain.

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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.”

The Swedish company will use the funding to accelerate development and scale-up of its APS process, enabling lower-cost production of advanced chips.

The investment also strengthens AlixLabs’ global presence and partnerships, supporting expanded R&D and production in Lund and the Netherlands, closer collaboration with foundry partners, and the 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.”

About AlixLabs

Founded in 2019, AlixLabs develops atomic layer etching (ALE) technology for fabricating nanostructures below 20 nm. Its selective, damage-free process uses inclined surfaces as masks, enabling precise, efficient production of ultra-small structures. AlixLabs’ method offers a breakthrough approach to next-generation semiconductor manufacturing and advanced nanoscale devices.