The newly formed company, Ligentec France SAS, will primarily act as a R&D center to advance the Ligentec base technology as well as to expand it with new functionalities. The center’s expertise will cover the whole chain in PIC development, from design, wafer processing to characterization and is equipped with state-of-the-art equipment.

The center is located in a new development area in Corbeil-Essonnes south of Paris, hosting a range of highly innovative high tech semiconductor companies. This local density of semiconductor technology, the great support by the tenant and the flexible options for expansion were key criteria for the location selection.

“This center allows us to perform research and development very close to our strategic partner and will increase our efficiency,” says Ligentec’s co-founder Michalis Zervas, president of the new entity. “Furthermore, we benefit from the ideal boundary conditions for innovation given by the European Union, the French government, the region and the great talent pool in the metropolitan Paris region.”

The newly formed company has already built a core team in Corbeil-Essonnes and plans to expand further in the next months.

“Ligentec is a fantastic company achieving key breakthroughs in the PIC domain which we love at Jolt Capital. I am therefore delighted to advise Michael (founder and chairman) and Thomas (CEO), to share our network and our know how with them” commented Antoine Trannoy, managing partner at Jolt Capital, who recently joined Ligentec’s board to support the management team in the scaling phase of the company and in the setup of its French subsidiary.