poLight

Horten, Norway Founded: 2005 • Age: 21 yrs
Focus actuators for optical lenses are developed using piezo materials.
Annual revenue $847,330 Latest available
Total funding $58.2M 5 rounds
Employees 22 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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 as of December 31, 2020. poLight operates in a competitive market with competitors including sensiBel, Axsun Technologies, Unispectral, Miradia and OQmented, among others.

  • Headquarter Horten, Norway
  • Employees 22 as on 31 Dec, 2020
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $847.33 K (USD)
    -57.25
    as on Dec 31, 2024
  • Net Profit
    -$8.96 M (USD)
    -19.06
    as on Dec 31, 2024
  • EBITDA
    -$6.79 M (USD)
    -20.01
    as on Dec 31, 2024
  • Total Equity Funding
    $58.24 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20 M (USD), Series C

    Aug 16, 2016

  • Investors
    SINTEF

    & 6 more

  • Employee Count
    22

    as on Dec 31, 2020

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People of poLight

Headcount 10-50
Employee Profiles 11
Board Members and Advisors 3
Employee Profiles
People
Alf Henning Bekkevik
VP Of Finance
People
Øyvind Isaksen
CEO
People
Louie DelaCruz- Reyes
Director Of Manufacturing Operations
People
Jukka Eerikainen
Senior Manufacturing And Supply Chain Engineer

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Board Members and Advisors
people
Grethe Viksaas
Chair, Independent
people
Thomas Görling
Board Member

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Growth-stage tech and energy investments in Europe are targeted.
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Investments in deep-tech, life sciences, and transformative tech are managed.
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Investor details for poLight

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by poLight

Investments
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Investment portfolio details for poLight

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Financial Statements - poLight

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Detailed financials for poLight

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Polight Comparisons

poLight Primary company
Description
Focus actuators for optical lenses are developed using piezo...
Location
Horten, Norway
Founded Year
2005
Annual Revenue
$847.33 K (USD)
Net Profit
-$8.96 M (USD)
EBITDA
-$6.79 M (USD)
Employees
22
As of 2020
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Peer comparison for poLight

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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 year HQ Location Description
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Noise cancellation-enabled MEMS microphones are manufactured by sensiBel in Norway.
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MEMS-based optical engines and spectrometers are developed and manufactured.
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Hyper spectral digital imaging sensors
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MEMS micro mirror arrays are designed for projection display markets.
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MEMS and time-of-flight technology-based 3D laser scanning solutions are provided.
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Detailed competitors of poLight

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Latest news on Polight

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Complete news archive for poLight

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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.

As of Dec 31, 2020, the latest employee count at poLight is 22.

Annual revenue of poLight is $847.33K as on Dec 31, 2024.

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.

poLight has 7 investors. Key investors include SINTEF, Investinor, Viking Venture, Industrifonden, and TD Veen.

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