Air Liquide Pursues Its Investments in Technology Start-Ups
June 12 2017 - 11:35AM
Business Wire
Regulatory News:
ALIAD, Air Liquide’s (Paris:AI) venture capital investment
arm, continues to gain strength in the industries of the future
with three new equity investments in technology start-ups,
Dietsensor and UBleam, and in the investment fund Investisseurs
& Partenaires. With these new equity investments in addition to
its further financial commitment to six companies in which it has
already invested before, ALIAD has committed more than
€10 million to start-ups since the start of 2017.
The investment strategy of ALIAD targets sectors linked to the
energy transition, health and digital. ALIAD supports
start-ups that are developing the technologies of the future by
rolling out R&D and/or business partnerships with Group
entities.
In the first quarter of 2017, ALIAD invested in two new
companies which forged partnerships with Air Liquide in the digital
sector. This is about UBleam, a start-up based in Toulouse
that specializes in the Internet of Things, which is developing a
tag technology to enhance the information delivered to the
customer. Proof of concept testing was conducted with the Group to
integrate these tags into gas cylinders for industry or healthcare.
The other equity investment is in Dietsensor, a French
company in the health-nutrition sector, which has developed
an application for diabetic patients that helps them track the
glucose levels of their meals.
In addition, ALIAD has invested in a private equity firm,
Investisseurs & Partenaires, which is solely focused on
the African continent and which offers financial support to the
development of microfinance institutions and small-
to mid-size businesses located across 15 African countries.
Lastly, ALIAD has reinforced its financial commitment to six
companies in its portfolio, attesting to its long-term
strategy to supporting start-ups: Solidia Technologies
which cures concrete with CO2 instead of water, Avenisense
which manufactures micro-sensors that measure fluid properties for
use in industry, Inpria whose lithography technology is used
to miniaturize electronic components for the semiconductor
industry, Water Planet which provides industrial waste water
treatment solutions, Aveni which develops an electrolytic
deposit technology for the electronics industry and Quanta
Dialysis Technologies which designs a hemodialysis device for
use in specialized center or in patients’ homes.
François Darchis, Senior Executive Vice-President and
member of the Air Liquide Executive Committee supervising
Innovation, said: "The continued long-term investment of ALIAD
in technology start-ups is part of the Air Liquide Group’s strategy
of Open Innovation. This approach helps accelerate the pace of our
innovation while allowing each start-up to benefit from Air
Liquide's industrial and technological experience and access to
potential customers around the world.”
For more information on ALIAD
The world leader in gases, technologies and services for
Industry and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Air Liquide’s ambition is to lead its industry, deliver long
term performance and contribute to sustainability. The company’s
customer-centric transformation strategy aims at profitable growth
over the long term. It relies on operational excellence, selective
investments, open innovation and a network organization implemented
by the Group worldwide. Through the commitment and inventiveness of
its people, Air Liquide leverages energy and environment
transition, changes in healthcare and digitization, and delivers
greater value to all its stakeholders.
Air Liquide’s revenue amounted to €18.1 billion in 2016 and its
solutions that protect life and the environment represented more
than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
www.airliquide.comFollow us on Twitter
@airliquidegroup
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Air LiquideCorporate CommunicationsCaroline
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87orRadnor+1 610 263 8277
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