Acting on General Shareholders Meeting, semiconductor company IC’Alps announced today it has raised €4.2 Million from French industrial group DOLIAM. Headquartered in France, IC’Alps specializes in the design and supply of exclusive and custom-made ASIC solutions (Application-Specific Integrated Circuits). This funding round will allow the company to consolidate its equity and invest in recruitment. The company’s ambition is to become a European leader in the design and supply of ASICs.
An ASIC is a type of electronic circuit that integrates, on a single chip, all the functions required for an application. For example, an ASIC can integrate custom sensor interfaces to collect data, processors to analyze this information locally, or a communication module for data transfer to an external device. “The ASIC technology allows our clients to make their products stand out through miniaturization, new functionalities, better performance, increased energy efficiency and improved safety and security of electronic subsystems,” commented Jean-Luc Triouleyre, President of IC’Alps. “The growing demand for ASIC design and supply is driven by the strong growth of the smart MedTech market, the digitization of solutions for the automotive and industrial sectors, and the Internet of Things”.
A French industrial group with equity stake in IC’Alps
With 440 employees in France and the United States, DOLIAM group is anchored at the heart of the High-Tech Industry. After a first investment when the company IC’Alps was incorporated in 2018, DOLIAM confirms with this new financial contribution its strategic interest in the design of custom electronic chips. Etienne Flesch, CEO of the DOLIAM group, said: “Beyond the global tough environment for semiconductors, it is of utmost importance for us to work on the sovereignty of a French and European electronics industry. With its capacity for innovation and R&D, IC’Alps is the link that allows manufacturers of innovative devices to access custom electronics, to differentiate themselves and increase their competitiveness”.