About poLight
poLight is a company based in Horten (Norway) founded in 2005. poLight has raised $58.24 million across 5 funding rounds from investors including SINTEF, Investinor and Viking Venture. The company has 22 employees. poLight operates in a competitive market with competitors including sensiBel, Axsun Technologies, Unispectral, Miradia and OQmented, among others.
- Headquarter Horten, Norway
- Employees 22
- SectorsTechnology
- Website polight.com
- Social LinkedIn
- Legal Name Polight Asa
- Annual Revenue$2.03 M (USD)112.84as on Dec 31, 2025
- Net Profit-$11.73 M (USD)-16.19as on Dec 31, 2025
- EBITDA-$9.01 M (USD)-17.73as on Dec 31, 2025
- Total Equity Funding$58.24M (USD)
in 5 rounds
- Latest Funding Round$20M (USD), Series C
Aug 2016
- InvestorsSINTEF
& 6 more
- Employee Count22
Funding Insights of poLight
poLight has successfully raised a total of $58.24M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in August 2016. 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 $58.24M
- Total Rounds 5
- Last Round Series C — $20M
- First Round $744,642
(Jan 2008)
- Investors Count 7
All 5 funding rounds of poLight 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 |
|---|---|---|---|---|---|
| Aug 2016 | $20M | Series C | – | – | |
| Feb 2015 | $19M | Series C | – | – | |
| Jul 2011 | $18.5M | Series B | – | – | |
| Jun 2009 | – | Series A | – | – | |
| Jan 2008 | $744,642 | Seed | – | – |
7 investors in total: 7 institutional.
Investors in poLight
poLight has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SINTEF, Investinor and Viking Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | investinor.no | - | |
Growth-stage tech and energy investments in Europe are targeted. | – | vikingventure.com | Trondheim, Norway | |
Investments in deep-tech, life sciences, and transformative tech are managed. | – | industrifonden.com | Stockholm, Sweden | |
Investments are made in solutions for global transformation and sustainability. | – | tdveen.no | Stavanger, Norway | |
Venture capital firm focused on early-stage tech companies | – | alliance.vc | Oslo, Norway | |
Alliance Venture Capital is focused on investing in early-stage Nordic tech companies. | – | allianceventure.com | Oslo, Norway | |
Applied research organization providing technology and innovation services across diverse sectors | 1950 | sintef.no | Trondheim, Norway |
Investor details for poLight
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of poLight
14 people are tracked at poLight (5 in leadership, 3 in board & advisors, 6 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Alf Henning Bekkevik | VP Of Finance | Leadership |
Øyvind Isaksen | CEO | Leadership |
Louie DelaCruz- Reyes | Director Of Manufacturing Operations | Leadership |
Marianne Sandal | COO | Leadership |
Jon Edwards | VP Business Development | Leadership |
Grethe Viksaas | Chair, Independent | Board & advisors |
Svenn-Tore Larsen | Board Member | Board & advisors |
Thomas Görling | Board Member | Board & advisors |
Jukka Eerikainen | Senior Manufacturing And Supply Chain Engineer | Team |
Arne Brudvik | Business Support | Team |
Vibeke Solem | Finance Consultant | Team |
Sean Chen | Manufacturing And Supply Chain Engineer | Team |
Ricky Lorio | Senior Test Equipment Engineer | Team |
Sören Voß | Mechanical Engineer | Team |
Complete people profiles for poLight
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of poLight
poLight is a publicly listed company on the OSL with ticker symbol PLT in Norway, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Oct 2018
- Listed onOSL: PLT
- Listed entitypoLight ASA
- Exchange sectorElectronic technology
- ISINNO0012535832
- Share price14.58 NOK (+1.67% on the day) · 2026-10-09
- Market capitalisation3,082,362,202.00 NOK
- EPS (diluted, trailing year)-0.55 NOK
- Volume (last session)98,624
Financials of poLight
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 20.5M NOK | -118.3M NOK | -90.8M NOK |
| 2024 | 9.6M NOK | -101.8M NOK | -77.1M NOK |
| 2023 | 22.5M NOK | -85.5M NOK | -64.2M NOK |
| 2022 | 13.4M NOK | -67.9M NOK | -54.5M NOK |
| 2021 | 10.0M NOK | -53.5M NOK | -45.2M NOK |
Detailed financial statements for poLight
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of poLight
4 dated milestones of poLight across 13 years, from founding to its latest funding, stage changes and deals.
- Founded poLight is founded.
- Funding First funding round of $745K.
- Funding Latest funding round, Series C, of $20.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of poLight
poLight 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 sensiBel, Axsun Technologies, Unispectral, Miradia and OQmented, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sensibel.com | 2016 | Oslo, Norway | $23.59M | 11 | Noise cancellation-enabled MEMS microphones are manufactured by sensiBel in Norway. | |
| axsun.com | 1998 | Billerica, United States | $111M | – | MEMS-based optical engines and spectrometers are developed and manufactured. | |
| unispectral.com | 2014 | Ramat Gan, Israel | $13.7M | – | Hyper spectral digital imaging sensors | |
| miradia.com | 2003 | Sunnyvale, United States | $15M | – | MEMS micro mirror arrays are designed for projection display markets. | |
| oqmented.com | 2018 | Itzehoe, Germany | $29.27M | 18 | MEMS and time-of-flight technology-based 3D laser scanning solutions are provided. | |
| omminc.com | 1997 | San Diego, United States | $115M | – | Provider of domain name services | |
| memsdrive.com | 2015 | Shenzhen, China | $11M | – | MEMS drive motors for mobile camera systems are developed fablessly. | |
| preciseley.com | 2005 | Edmonton, Canada | – | 12 | Provider of MEMS-based optical chips | |
| activeoptical.net | 2000 | Fremont, United States | $4.11M | – | Manufactures MEMS components and provides fiber-optic subsystems. |
Detailed competitors of poLight
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of poLight
The website of poLight (polight.com) receives about 7.8K visits a month.
- Monthly visits7.8K
▼ 5.5% vs previous month
Latest news on Polight
Complete news archive for poLight
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to poLight
10 companies that operate in the same segment as poLight (Embedded & Flexible Electronics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
RF MEMS-based oscillators and resonators are supplied for diverse applications. | 2004 | Sunnyvale, California, United States | USD 51.97 M | USD 326.66 M | 395 | |
Single board computers are supplied for educational computing and programming. | 2008 | Cambridge, Cambridgeshire, United Kingdom | USD 45 M | – | – | |
Flexible displays are researched, developed, and manufactured by Royole. | 2012 | Fremont, California, United States | USD 849.93 M | – | – | |
Programmable logic devices and embedded solutions are provided. | 1984 | San Jose, California, United States | – | USD 154.19 M | 1,516 | |
AI-enabled image processors are manufactured for ADAS and security applications. | 2004 | Santa Clara, California, United States | USD 15.4 M | USD 390.7 M | 941 | |
Electronic paper displays for eBooks and devices are manufactured. | 1997 | Boston, Massachusetts, United States | USD 52.8 M | – | 2,900 | |
Developer of AI-based chips for machine vision tasks | 2016 | Pudong, Shanghai, China | USD 346 M | – | – | |
System-on-chips for connected applications and secure IoT devices are developed. | 2021 | Chennai, Tamil Nadu, India | USD 10.58 M | USD 78.73 K | 36 | |
Provider of an open-source electronics prototyping platform | 2005 | Malmo, Sweden | USD 54 M | – | – |
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Frequently Asked Questions about poLight
poLight was founded in 2005 and raised its 1st funding round 3 years after it was founded.
poLight is headquartered in Horten, Norway.
poLight is a funded company, having raised a total of $58.24M across 5 funding rounds to date. The company's 1st funding round was a Seed of $744.64K, raised on Jan 2008.
poLight has 22 employees.
Annual revenue of poLight is $2.03M as on Dec 31, 2025.
Developer of focus actuators for optical lenses. When current is passed through the piezo material placed on the glass membrane, it deforms the polymer kept between the glass membrane and support glass, thus allowing light rays to focus accordingly. Technology is claimed to be consuming less energy, takes less time to focus and has high optical stability among other advantages. It enables the production of wafer scale (MEMS) active optical components based on deformable polymers.
poLight's top competitors include Axsun Technologies, sensiBel and OQmented.
Yes, poLight is publicly traded on OSL under the ticker symbol PLT.
poLight has 7 investors. Key investors include SINTEF, Investinor, Viking Venture, Industrifonden, and TD Veen.