French ASIC provider raises €4.2 Million to drive growth

French ASIC provider raises €4.2 Million to drive growth

Business news |
By Jean-Pierre Joosting

Acting on the General Shareholders Meeting, semiconductor company IC’Alps has announced 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 ASICs. 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 ASIC design and supply.

“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”.

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, the latest financial contribution by DOLIAM confirms 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”.

From its technical centre in France (Grenoble area), IC’Alps supports multiple projects in the demanding medical, industrial, transport, IoT, and mil/aero sectors. The highly qualified engineering teams cover every expertise needed and have a long experience of on-demand analog, mixed-signal and digital integrated circuits on technologies from 0.35 μm down to 16 nm. Moreover, IC’Alps has a proven track record of success with sensor/MEMS AFE interfaces, low power consumption designs, high-resolution converters, signal processing, multiprocessors architectures, hardware accelerators, to name a few.

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