Air Liquide Venture Capital (ALIAD)

Air Liquide Investments in the future and demonstration (ALIAD), is a 100% Air Liquide subsidiary integrated in the Group’s new network Advanced Business and Technologies entrepreneurial companies. ALIAD contributes to the Group’s growth and competitiveness by investing in young innovative companies offering new technologies. By placing investments in a dedicated subsidiary, Air Liquide ensures itself all the means for developing these projects with the necessary flexibility and reactivity.

Aurélie Schwartzmann

Investment Director

13 past transactions

Inpria

Series C in 2020
Inpria Corporation, founded in 2007 and based in Corvallis, Oregon, specializes in the design, development, and manufacture of EUV metal oxide photoresists. The company is recognized as a pioneer in extending semiconductor lithography by utilizing inorganic photoresists and thin films for nanoscale patterning. Inpria’s innovative photo-condensed molecular oxides allow for the direct deposition of atomically smooth and dense metal oxide films from a solution, which can be photopatterned. This technology enhances performance while simplifying processing, supporting advancements in EUV lithography and addressing the growing demands of the semiconductor industry.

Diabeloop

Series B in 2019
Diabeloop SAS is a medical device company based in Grenoble, France, that specializes in developing an electronic artificial pancreas for individuals with Type 1 diabetes. Founded in 2015, the company's innovative system comprises a continuous glucose sensor that monitors blood sugar levels and a smartphone application that communicates with a connected insulin pump to administer the optimal insulin dosage automatically. This closed-loop system aims to minimize the risk of hypoglycemia and related complications, thereby improving the quality of life for patients. By integrating advanced technology and artificial intelligence, Diabeloop seeks to streamline diabetes management, reducing the mental burden on users and allowing them to lead more uninterrupted lives.

Ergosup

Series B in 2019
Ergosup is a company based in Malataverne, France, that specializes in the development of decentralized hydrogen-energy production systems. The firm has created an innovative process for producing high-pressure hydrogen on-site, which facilitates the refueling of hydrogen fuel vehicles. Ergosup provides generators that store and convert electricity into hydrogen under pressure, enabling the co-generation of electric power for hydrogen service stations and various industrial applications. This technology allows clients to achieve zero-emission solutions for mobility applications, contributing to a more sustainable energy future.

MYSPHERA

Venture Round in 2018
MYSPHERA SL specializes in providing innovative location and process visibility solutions for the healthcare sector through the Internet of Things (IoT) and real-time location systems (RTLS). Founded in 2012 and based in Paterna, Spain, the company develops a range of IoT devices and applications designed to enhance patient care and resource management in acute care hospitals, senior living facilities, and patient homes. Its offerings include tracking devices, alert systems, and environmental sensors, along with web applications such as MYHOSPITAL, MYNURSING, and MYLOCS, which assist healthcare providers in managing services effectively. MYSPHERA's solutions aim to improve patient outcomes and operational efficiency by delivering actionable information to clinicians, patients, and healthcare management across Europe, the Middle East, and Latin America.

Aveni

Series B in 2017
aveni, Inc. specializes in advanced metallization technologies for semiconductor applications, particularly in damascene through silicon vias and micro-electromechanical systems (MEMS). The company offers two primary technologies: Electrografting (eG), a wet electrochemical process that facilitates the growth of high-quality thin films on conducting surfaces, and Chemicalgrafting (cG), which is designed for non-conductive substrates. Both technologies are instrumental in enhancing device performance and yield, making them essential for modern semiconductor manufacturing. Founded in 2001 as a spinoff from the Commissariat à l’énergie atomique et aux énergies alternatives (CEA), aveni has established partnerships with various research and development centers, as well as leading global equipment and device manufacturers. The company operates from its headquarters in Massy, France, and leverages a skilled team of scientists and engineers with expertise in surface science, electrochemistry, and materials science to drive innovation in the field.

Diabeloop

Series A in 2017
Diabeloop SAS is a medical device company based in Grenoble, France, that specializes in developing an electronic artificial pancreas for individuals with Type 1 diabetes. Founded in 2015, the company's innovative system comprises a continuous glucose sensor that monitors blood sugar levels and a smartphone application that communicates with a connected insulin pump to administer the optimal insulin dosage automatically. This closed-loop system aims to minimize the risk of hypoglycemia and related complications, thereby improving the quality of life for patients. By integrating advanced technology and artificial intelligence, Diabeloop seeks to streamline diabetes management, reducing the mental burden on users and allowing them to lead more uninterrupted lives.

Inpria

Series B in 2017
Inpria Corporation, founded in 2007 and based in Corvallis, Oregon, specializes in the design, development, and manufacture of EUV metal oxide photoresists. The company is recognized as a pioneer in extending semiconductor lithography by utilizing inorganic photoresists and thin films for nanoscale patterning. Inpria’s innovative photo-condensed molecular oxides allow for the direct deposition of atomically smooth and dense metal oxide films from a solution, which can be photopatterned. This technology enhances performance while simplifying processing, supporting advancements in EUV lithography and addressing the growing demands of the semiconductor industry.

Ubleam

Seed Round in 2017
Ubleam S.A.S, founded in 2011 and based in Toulouse, France, specializes in mobile technology that enhances B2B services through augmented reality. The company has developed a mobile application that utilizes smart tags, known as "bleams," to help manufacturers improve sales and gain deeper customer insights. Ubleam's offerings include the BleamCard and an IoT platform, which facilitate better maintenance processes and provide interactive codes for product information access. With a growing base of over 200 B2B clients, Ubleam aims to establish itself as a leader in the European augmented reality market. The company’s innovative platform integrates barcode principles with patented 3D detection technology, enabling businesses to configure and manage their products and equipment effectively.

SBA Materials

Series D in 2015
SBA Materials, Inc. engages in the development and commercialization of advanced electronic materials for back-end of line and packaging applications for semiconductor manufacturing. The company focuses on commercializing low-k dielectric materials for interlayer dielectric application to address the needs of the semiconductor manufacturing industry. Its products include uLK22, uLK1X, and optical films, as well as nano-porous/meso-porous materials. The company offers materials to address the unmet needs of electronic device manufacturers. SBA Materials, Inc. was founded in 2001 and is based in Albuquerque, New Mexico.

Aveni

Series A in 2015
aveni, Inc. specializes in advanced metallization technologies for semiconductor applications, particularly in damascene through silicon vias and micro-electromechanical systems (MEMS). The company offers two primary technologies: Electrografting (eG), a wet electrochemical process that facilitates the growth of high-quality thin films on conducting surfaces, and Chemicalgrafting (cG), which is designed for non-conductive substrates. Both technologies are instrumental in enhancing device performance and yield, making them essential for modern semiconductor manufacturing. Founded in 2001 as a spinoff from the Commissariat à l’énergie atomique et aux énergies alternatives (CEA), aveni has established partnerships with various research and development centers, as well as leading global equipment and device manufacturers. The company operates from its headquarters in Massy, France, and leverages a skilled team of scientists and engineers with expertise in surface science, electrochemistry, and materials science to drive innovation in the field.

Water Planet

Series B in 2015
Water Planet specializes in the development and marketing of advanced membrane-based water purification and separation products. The company focuses on providing effective water treatment solutions that address global water sustainability challenges. By facilitating the commercialization and adoption of innovative water technologies, Water Planet aims to assist clients in conserving freshwater resources while fulfilling the water treatment requirements of industrial, municipal, and agricultural sectors.

Xylowatt

Venture Round in 2014
Xylowatt S.A. is a company based in Louvain-La-Neuve, Belgium, focused on developing gasification reactors that convert biomass and waste products into clean energy. Founded in 2001, Xylowatt specializes in the design, construction, and management of cogeneration plants that utilize gasification technology. The company offers its NOTAR technology, which processes a variety of contaminated and clean wood waste, agro residues, sewage sludge, and solid recovered fuel to generate energy. Xylowatt also provides oxy-gasification solutions and expert services to engineering, procurement, and construction (EPC) contractors, integrators, industrial clients, and research and development departments. The company's innovative gasifiers produce clean syngas without tar residues, enabling clients to harness locally produced renewable energy for their facilities. Xylowatt operates as a subsidiary of Icafin SA/NV.

Hydrexia

Series B in 2013
Hydrexia is an Australian company that has successfully designed, built, and tested systems that stores hydrogen in solid form, based on a proprietary magnesium alloy.
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