NixSensor

Hamilton, Canada Founded: 2013 • Age: 13 yrs
Portable color measurement devices are manufactured for diverse industries.
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About NixSensor

NixSensor is a company based in Hamilton (Canada) founded in 2013.. NixSensor has raised $2 million across 1 funding round from investors including BDC. NixSensor offers products and services including Nix Mini 3, Nix Spectro L, and Nix Toolkit App. NixSensor operates in a competitive market with competitors including SiLC Technologies, Variable, mut, Palette and Raise the Flag, among others.

  • Headquarter Hamilton, Canada
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nix Sensor Ltd.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Nov 12, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of NixSensor

NixSensor offers a comprehensive portfolio of products and services, including Nix Mini 3, Nix Spectro L, and Nix Toolkit App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Portable device for accurate color measurement in design applications.

Advanced tool for color analysis in industrial and quality control.

Mobile app for color matching and device compatibility management.

People of NixSensor
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Matthew Sheridan
Founder & CEO
People
James Strack
Director of Research & Development
People
Thomas Langille
Research Analyst
People
Will Sheridan
Technical Sales Manager - Global

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Funding Insights of NixSensor

NixSensor has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in November 2019. 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
  • Total Rounds 1
  • Last Round Seed — $2.0M
  • First Round

    (12 Nov 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Seed - NixSensor Valuation BDC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NixSensor

NixSensor has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BDC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services for small and medium-sized enterprises are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NixSensor

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NixSensor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nixsensor Comparisons

Employees
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Competitors of NixSensor

NixSensor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SiLC Technologies, Variable, mut, Palette and Raise the Flag, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
4D vision sensing solutions are provided using FM CW technology.
domain founded_year HQ Location
Wireless sensor platforms for smart devices are designed and manufactured.
domain founded_year HQ Location
Near-infrared hyperspectral sensors are developed for lab automation and spectroscopy.
domain founded_year HQ Location
Portable colour digitizer provider
domain founded_year HQ Location
Developer of assistive technology for the visually impaired. This company creates products designed to improve the lives of people with visual impairments. Their offerings include a next-generation sensory device that translates "invisible" information into understandable data and a smart clip that indicates liquid volume and color. The company also actively supports organizations dedicated to improving the lives of the visually impaired.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nixsensor

Frequently Asked Questions about NixSensor

When was NixSensor founded?

NixSensor was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Where is NixSensor located?

NixSensor is headquartered in Hamilton, Canada. It is registered at Hamilton, Ontario, Canada.

Is NixSensor a funded company?

NixSensor is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Nov 12, 2019.

What does NixSensor do?

NixSensor was established in 2013 in Hamilton, Canada, where portable color measurement devices are produced for applications in paint and interior design, print and packaging, and graphic arts. Software and databases are supplied to support hardware operations, facilitating the capture, analysis, and sharing of color data. A software development kit is available for custom integrations. Devices are constructed for durability and user simplicity, reducing calibration requirements.

Who are the top competitors of NixSensor?

NixSensor's top competitors include SiLC Technologies, Variable and MAZeT.

What products or services does NixSensor offer?

NixSensor offers Nix Mini 3, Nix Spectro L, and Nix Toolkit App.

Who are NixSensor's investors?

NixSensor has 1 investor. Key investors include BDC.

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