AlixLabs Closes 15 Million EUR Series A with Strategic Investment from Stephen Industries

AlixLabs, the world's only pure-play ALE company, led by Jonas Sundqvist, has announced that it closed its 15 million euro Series A in the first quarter of 2026 following a strategic investment from Stephen Industries, a Finnish investment company with a strong track record in scaling advanced technology ventures.

In November 2025, AlixLabs announced a €14.1 million Series A led by Global Brain and institutional investors, with the remaining portion of the €15 million round expected to close in early 2026.

The funding supports development of its ALE solutions, particularly its APS™ (Atomic Pitch Splitting) technology, designed to enable more precise, efficient, and cost-effective semiconductor fabrication.

The partnership also brings strategic value through the involvement of Kustaa Poutiainen of Stephen Industries, whose experience scaling deep-tech companies, including work with ALD leader Picosun, aligns closely with AlixLabs’ technological focus.

Stephen Industries contributes deep industrial expertise and a strong track record in scaling companies within related technology domains. The experience gained from building Picosun is particularly relevant as AlixLabs transitions from development to broader commercialization of its APS™ platform.

Atomic Layer Etching (ALE) is increasingly viewed as a critical enabler for next-generation semiconductor nodes, complementing ALD by enabling atomic-scale precision in material removal. As device architectures grow more complex, ALE is expected to play a central role in advanced manufacturing.

AlixLabs operates in a promising segment of semiconductor process technology, with Atomic Layer Etching showing parallels to the earlier evolution of ALD from niche innovation to industry standard. Based on this trajectory, the company is positioned with the potential to achieve a similar role in future semiconductor manufacturing.

The funding will support accelerated product development, expanded technical capabilities, and stronger partnerships with semiconductor manufacturers.

This investment reinforces AlixLabs’ position within the European semiconductor ecosystem and advances its ambition to become a global leader in Atomic Layer Etching.