Zadient Technologies raises €35 million in a Series A equity  funding to accelerate the production of silicon carbide (SiC)  semiconductors in Europe

Zadient Technologies raises €35 million in a Series A equity funding to accelerate the production of silicon carbide (SiC) semiconductors in Europe

The fund “Révolution Environnementale et Solidaire”, funded by Crédit Mutuel Alliance Fédérale's societal dividend and managed by Crédit Mutuel Impact, led this round alongside European Innovation Council Fund. Zadient’s historical shareholders also took part in this round.

Chambéry, France, 18 November 2025

Zadient Technologies raises €35 million in a Series A equity funding to accelerate the production of silicon carbide (SiC) semiconductors in Europe.

The fund “Révolution Environnementale et Solidaire”, funded by Crédit Mutuel Alliance Fédérale’s societal dividend and managed by Crédit Mutuel Impact, led this round alongside European Innovation Council Fund. Zadient’s historical shareholders also took part in this round.

Zadient Technologies is a French company developing an innovative process for the production of SiC that delivers both very low production costs and unprecedented very high purity. It operates at the beginning of the SiC semiconductor value chain, producing the source material from which SiC wafers and chips are fabricated. It also addresses yield improvements in large diameter wafer production which is presently a main constraint in the industry.
SiC is an absolute key material for the energy transition, supporting industries like electric vehicles, electric rail, wind turbines, solar panels, battery storage and aerospace. SiC chips are used in systems such as the inverters and chargers of electric vehicles where they enable dramatic improvements in range, charging time and charging efficiency, compared to silicon chips, generating massive CO2 savings.
Thanks to this Series A equity funding, Zadient is scaling up an existing plant located in Bitterfeld in Germany, that will enable to reach a production capacity of 350 tons/year of SiC source material as of 2026. As Zadient is fully committed to protecting the environment, a unique vent gas recovery system will be implemented to eliminate polluting discharges and achieve huge energy savings.
Through this investment, Zadient will also expand its R&D and pilot activities in innovative crystal growth and wafer production technologies. The goal of these technologies is to accelerate the penetration of silicon carbide into the semiconductor value chain and facilitate an efficient energy transition with maximum CO2 savings. It is also to explore new highly promising applications for SiC such as lenses for AR glasses and interposers for AI compute chips. Additionally, Zadient stands ready to play a prominent role in the provision of essential SiC materials to the European defense industry.
In April 2025, Zadient Technologies was selected for the inaugural European Innovation Council STEP Scale-Up funding program, as one of only seven companies chosen among hundreds of candidates as a leading growth-stage company in one of Europe’s critical technology sectors.
Since its founding in 2020, Zadient has also benefited from the strong support of Cristal Innov, a public-private R&D and innovation platform of the University Claude Bernard (UCBL)of Lyon located in the same building as Zadient, near Chambery.

Kagan Ceran, CEO and founder of Zadient Technologies, commented: “We are thrilled to receive the support of Credit Mutuel Impact and the European Innovation Council in fulfilling our mission to become Europe’s sovereign supplier of critical silicon carbide materials for energy transition and defense, and to develop new high growth applications in areas such as AI chips and wearable displays. This investment will allow Zadient to increase its production capacity and shift more rapidly into full scale commercial operations.”

Sabine Schimel, Managing Director of Crédit Mutuel Impact, said: “We are very pleased to become shareholder of Zadient Technologies alongside the EIC Fund. We are convinced by the industrial vision of Zadient’s founders and silicon carbide market potential. Zadient will contribute to Europe’s industrial sovereignty and sustainable innovation for the next decades. This operation is fully in line with the strategy of our Fund Révolution Environnementale et Solidaire, which is dedicated to technological breakthroughs and decarbonization.”

Svetoslava Georgieva, Chair of the EIC Fund Board, declared: “We warmly congratulate Zadient Technologies on this successful funding round and look forward to the transformative impact their technology will have on the next generation of high-performance, energy-efficient chips. Their vision and innovation further strengthen Europe’s position in advanced materials.”

About Zadient

Zadient Technologies is headquartered near Chambery in France between Geneva and Grenoble, at the heart of the French semiconductor ecosystem and the gateway to the Alps. Zadient conducts research in large diameter crystal growth yield improvements with the granular SiC source material it manufactures at its facility in Bitterfeld, Germany.
Zadient Technologies’ management team combines over 120 years of experience in fields such as chemical engineering, physics, and finance.
Further details on its technology and achievements are available on its website https://zadient.com/

About Fonds Révolution Environnementale et Solidaire

Managed by Crédit Mutuel Impact within the asset management division of Crédit Mutuel Alliance Fédérale, the Fonds Révolution Environnementale et Solidaire, funded by Crédit Mutuel Alliance Fédérale’s societal dividend, is a sustainable impact fund (Article 9 fund under SFDR regulations). With the ambition to be endowed with 1.5 billion euros by 2027, the Fund does not aim for any short-term financial target return, but rather for ecological and social added value. The fund’s aim is to amplify the transformation of production models and to intervene in key areas of climate and environmental transition, where financial needs are very great and other players are not yet sufficiently present. Since its creation in July 2023, the Fund has made 22 investments.

About Crédit Mutuel Alliance Fédérale

A leading bank and insurer in France with 77,000 employees serving 31 million customers, Crédit Mutuel Alliance Fédérale offers a range of services to individual customers, local professionals, and businesses of all sizes through its 4,200 outlets.
Crédit Mutuel Alliance Fédérale, the first bank to adopt the status of a mission-driven company, brings together the Crédit Mutuel banks of the Centre East Europe (Strasbourg), South East (Lyon), Ile-de-France (Paris), Savoie-Mont Blanc (Annecy), Midi-Atlantique (Toulouse), Loire-Atlantique and Centre Ouest (Nantes), Centre (Orléans), Normandie (Caen), Dauphiné-Vivarais (Valence), Méditerranéen (Marseille), Anjou (Angers), Massif Central (Clermont-Ferrand), Antilles-Guyane (Fort-de-France) and Nord Europe (Lille).
Crédit Mutuel Alliance Fédérale also includes Caisse Fédérale de Crédit Mutuel, Banque Fédérative du Crédit Mutuel (BFCM) and all of its subsidiaries, notably CIC, Euro-Information, Assurances du Crédit Mutuel (ACM), TARGOBANK, Cofidis, Beobank in Belgium, Banque Européenne du Crédit Mutuel (BECM), Banque Transatlantique, Banque de Luxembourg, and Homiris.
For more information, visit creditmutuel.fr/alliancefederale

About European Innovation Council Fund

The European Innovation Council Fund from the European Commission is a deep tech investor across all technologies. The EIC Fund aims to fill a critical financing gap, to support companies in the development and commercialisation of disruptive technologies. With its large network of capital providers and strategic partners it shares risk and crowds in market players.