Air Liquide Venture Capital ALIAD Accelerates Its Investments in Technology Start-Ups
June 14 2016 - 11:35AM
Business Wire
Regulatory News:
ALIAD, the venture capital arm of the Air Liquide Group
(Paris:AI), strengthens its position in future industries with four
new equity investments in technology start-ups over the last six
months: Carmat, Inpria, Poly-Shape, and Solidia Technologies. ALIAD
has made 25 investments since its creation in 2013 for a total
commitment of over 60 million euros.
The investment strategy of ALIAD targets sectors linked to
the energy transition, healthcare, and high tech. ALIAD is
carving out positions in future technologies by supporting
start-ups in their development through the implementation of
R&D and/or business agreements between these start-ups and Air
Liquide.
In healthcare, Air Liquide acquired in early 2016 an equity
stake in Carmat, a French company in the biomedical sector,
to jointly develop a portable hydrogen fuel cell. This
innovation will greatly increase the autonomy of patients who have
an artificial heart. Carmat has designed and developed the world’s
most advanced total artificial heart project, with the aim of
offering a therapeutic alternative for patients suffering from
terminal biventricular heart failure.
In early 2016, ALIAD also established two new partnerships in
high tech.One with Inpria, to enable this young
American company to increase its production for commercial
purposes. This company based in the US state of Oregon, is
developing a unique lithography technology for small surfaces
(printed circuits on chips) for the semiconductor industry.The
other one with Poly-Shape, the European leader in its field
that could enable the Group to expand its industrial gas
offering for 3D printing. Poly-Shape is a French SME
specializing in design, parts prototyping, and small series
production thanks to its mastery of additive manufacturing
(3D printing) for the aerospace, automotive and healthcare
sectors.
In the energy transition field, Air Liquide has just acquired a
stake in the US start-up Solidia Technologies. The
technology developed by this company - a cement that absorbs carbon
dioxide (CO2) when it hardens - helps improve the environmental
footprint of the cement industry.
François Darchis, Senior Vice-President and member of the
Air Liquide group Executive Committee, supervising Innovation,
said: "ALIAD supports the development of innovative start-ups
with complementary technologies to those of the Group. Air Liquide
brings its industrial and technological experience and its global
customer base. These partnerships are fully in line with the
Group's strategy of accelerating innovation by leveraging
ecosystems."
ALIADCreated in 2013,
ALIAD’s role is to acquire minority equity stakes in innovative
technology start-ups in order to foster Air Liquide’s access to
technological innovations developed outside the Group. These
equity investments are accompanied by the implementation of
preferred R&D and/or business agreements between these
start-ups and Air Liquide group entities.
Find out more about ALIAD and its
achievements
The world leader in gases, technologies and services for
Industry and Health, Air Liquide is present in 80 countries with
approximately 68,000 employees and serves more than 3 million
customers and patients.* Oxygen, nitrogen and hydrogen have been at
the core of the company’s activities since its creation in 1902.
Air Liquide’s ambition is to be the leader in its industry,
delivering long-term performance and acting responsibly.
Air Liquide ideas create value over the long term. At the core
of the company’s development are the commitment and constant
inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests
locally and globally, and delivers high-quality solutions to its
customers and patients, and the scientific community.
The company relies on competitiveness in its operations,
targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.
Air Liquide’s revenues amounted to €16.4 billion in 2015, and
its solutions that protect life and the environment represented
more than 40% of sales. On 23 May 2016, Air Liquide completed its
acquisition of Airgas, which had revenues amounting to $5.3 billion
(around €4.8 billion) for the fiscal year ending 31 March 2016.
Air Liquide is listed on the Paris Euronext stock exchange
(compartment A) and is a member of the CAC 40 and Dow Jones Euro
Stoxx 50 indexes.
*Following the acquisition of Airgas on 23 May 2016
www.airliquide.comFollow us on Twitter
@AirLiquideGroup
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160614006035/en/
Air LiquideCorporate CommunicationsCaroline
Philips, +33 (0)1 40 62 50 84Aurélie Wayser-Langevin, +33 (0)1 40
62 56 19Caroline Brugier, + 33 (0)1 40 62 50 59orInvestor
RelationsAude Rodriguez, +33 (0)1 40 62 57 08Erin Sarret, +33
(0)1 40 62 57 37Louis Laffont, +33 (0)1 40 62 57 18orAir Liquide
advanced Business and Technologies CommunicationsNathalie Simon
de Kergunic, +33 (0)1 40 62 55 06
C3 AI (NYSE:AI)
Historical Stock Chart
From Jun 2024 to Jul 2024
C3 AI (NYSE:AI)
Historical Stock Chart
From Jul 2023 to Jul 2024