About FocalSpec
FocalSpec is a Technology company based in Oulu (Finland) founded in 2009, and was acquired by TKH Group in November 2019. Line Confocal Imaging technology is utilized for quality inspection solutions. FocalSpec has raised $3.76 million across 2 funding rounds from investors including Veritas, TKH Group and EIC Fund. The company was acqui-hired. Its focus areas include High Tech, 3D Scanning, 3D Scanners and Multi - Purpose.
Company details
FocalSpec is a spin-off from VTT Technical Research Institute, Finland. It has developed and patented Line Confocal Imaging (LCI) technology which can be used for 3D surface profiling and layer characterization, dimension and thickness measurements, gloss measurements and quality inspection. The company claims that Line Confocal Imaging provides unique precision and resolution for speedy online measurements. Products offered include line confocal sensor(LCI401, LCI1200, LCI1201 LCI1600) and optical inspection system(FocalSpec 3D Line Confocal Scanner UULA ,MP900 MP9000).
- Headquarters Oulu, Finland
- Stage Acquired
- SectorsTechnology
- Website focalspec.com
- Social LinkedIn Facebook
- Acquired by TKH Group (Nov 2019)
Funding Insights of FocalSpec
FocalSpec has successfully raised a total of $3.76M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $116.42 thousand completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.76M
- Total Rounds 2
- Last Round Grant — $116,417
- First Round $3.76M
(Mar 2017)
- Investors Count 4
All 2 funding rounds of FocalSpec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $116,417 | Grant | – | – | |
| Mar 2017 | $3.76M | Series A | – | Nordic Option, Veritas |
5 investors in total: 5 institutional.
Investors in FocalSpec
FocalSpec has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Veritas, TKH Group and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Nordic Option is engaged in venture capital investments for growth companies. | nordicoption.fi | Oulu, Finland | ||
| vttventures.fi | ||||
Pension funds are managed for small and medium-sized enterprises. | 1905 | veritas.fi | Turku, Finland | |
Smart technology systems for automation, digitalization, and electrification are developed. | 1980 | tkhgroup.com | Haaksbergen, Netherlands |
Investor details for FocalSpec
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Timeline of FocalSpec
4 dated milestones of FocalSpec across 12 years, from founding to its latest funding, stage changes and deals.
- Founded FocalSpec is founded.
- Funding First funding round of $3.8M.
- Exit Acquired by TKH Group.
- Funding Latest funding round, Grant, of $116K.
Web traffic of FocalSpec
Websites that share an audience with FocalSpec (focalspec.com).
Websites whose visitors overlap most with FocalSpec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chromatic.com | 100% | 256.2K | #119,692 | View details | |
rarewallpapers.com | rarewallpapers.com | 62% | – |
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Frequently Asked Questions about FocalSpec
FocalSpec was founded in 2009 and raised its 1st funding round 8 years after it was founded.
FocalSpec is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
FocalSpec is a funded company, having raised a total of $3.76M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.76M, raised on Mar 2017.
FocalSpec is a spin-off from VTT Technical Research Institute, Finland. It has developed and patented Line Confocal Imaging (LCI) technology which can be used for 3D surface profiling and layer characterization, dimension and thickness measurements, gloss measurements and quality inspection. The company claims that Line Confocal Imaging provides unique precision and resolution for speedy online measurements. Products offered include line confocal sensor(LCI401, LCI1200, LCI1201 LCI1600) and optical inspection system(FocalSpec 3D Line Confocal Scanner UULA ,MP900 MP9000).
FocalSpec has 5 investors. Key investors include Veritas, TKH Group, EIC Fund, Nordic Option, and VTT Ventures.
Yes. FocalSpec was acquired by TKH Group in November 2019.