Precision etching startup Alixlabs attracts €14M funding

Sweden’s Alixlabs has successfully closed a 14.1-million-euro Series A funding round. The startup will use the proceeds to expand the company’s R&D and production capacity in Lund and the Netherlands, deepen collaboration with foundry partners and initiate industrial deployment of its proprietary atomic layer etch pitch splitting (APS), which is essentially a less cumbersome form of multipatterning.

“This funding enables us to transform our APS innovation from customer validation to industrial adoption,” says Jonas Sundqvist, CEO of Alixlabs. “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.”

Alixlabs has joined hands with the Dutch semicon supply chain to develop and manufacture its tools. The latest funding round was also co-led by Forward.one, a Dutch venture capital firm.