Serstech

Lund, Sweden Founded: 2006 • Age: 20 yrs
Solutions for detecting and monitoring chemicals and explosives are provided.
Annual revenue $4.7M Latest available
Total funding $1.4M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Serstech

Serstech is a company based in Lund (Sweden) founded in 2006. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Serstech has raised $1.4 million across 2 funding rounds from investors including European Union. Serstech offers products and services including Serstech Arx mkII, Serstech SERS Kit, Serstech ChemDash, Serstech Capillary Probe, and Serstech TraSERSwab. Serstech operates in a competitive market with competitors including Kromek, Smiths Detection, Battelle, Vehant Technologies and Arktis, among others.

  • Headquarter Lund, Sweden
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Serstech Ab
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.74 M (USD)
    -16.93
    as on Dec 31, 2024
  • Net Profit
    -$827.74 K (USD)
    -1377.06
    as on Dec 31, 2024
  • EBITDA
    -$992.75 K (USD)
    -898.45
    as on Dec 31, 2024
  • Total Equity Funding
    $1.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $492.27 K (USD), Grant

    Jul 01, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of Serstech

Serstech offers a comprehensive portfolio of products and services, including Serstech Arx mkII, Serstech SERS Kit, Serstech ChemDash, Serstech Capillary Probe, and Serstech TraSERSwab.

Product name locked
Category locked
Primary

Handheld device for rapid chemical threat identification used.

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Kit for identifying low concentration chemical samples efficiently.

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Software for managing chemical identification data and results.

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Accessory for precise chemical sampling in field operations.

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Tool for collecting chemical samples during field analysis.

People of Serstech

Headcount 10-50
Employee Profiles 7
Board Members and Advisors 4
Employee Profiles
People
Stefan Sandor
Chief Executive Officer
People
Simon Persson
CFO
People
Balázs Miklós
Software Backend Engineer
People
Johan Raneke
VP, Business Development

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Board Members and Advisors
people
Thomas Pileby
Chairman of the Board
people
Arve Nilsson
Board Member
people
Märta Lewander Xu
Board Member
people
Sverker Göranson
Board Member

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Funding Insights of Serstech

Serstech has successfully raised a total of $1.4M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $492.27 thousand completed in July 2020. 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 Serstech

Serstech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Serstech

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Investments & Acquisitions by Serstech

Investments
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Investment portfolio details for Serstech

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Financial Statements - Serstech

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Detailed financials for Serstech

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  • Profit trends
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Serstech Comparisons

Serstech Primary company
Description
Solutions for detecting and monitoring chemicals and explosi...
Location
Lund, Sweden
Founded Year
2006
Annual Revenue
$4.74 M (USD)
Net Profit
-$827.74 K (USD)
EBITDA
-$992.75 K (USD)
Employees
Not available
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Peer comparison for Serstech

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Competitors of Serstech

Serstech 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 Kromek, Smiths Detection, Battelle, Vehant Technologies and Arktis, among others.

Company Name Domain Founded year HQ Location Description
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Radiation detection solutions are developed for diverse applications.
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Developer of CBRNE threat detection and monitoring systems
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CBRNE defense, lab management, and national security solutions are provided.
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AI-enabled security and traffic enforcement solutions are provided.
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Radiation detection systems for nuclear materials and security are developed.
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Explosive and drug trace detection systems are manufactured.
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Detailed competitors of Serstech

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Latest news on Serstech

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Complete news archive for Serstech

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Frequently Asked Questions about Serstech

Serstech was founded in 2006 and raised its 1st funding round 7 years after it was founded.

Serstech is headquartered in Lund, Sweden.

Stefan Sandor is the current CEO of Serstech.

Serstech is a funded company, having raised a total of $1.4M across 2 funding rounds to date.

Annual revenue of Serstech is $4.74M as on Dec 31, 2024.

Serstech is focused on providing advanced chemical identification solutions through handheld Raman spectroscopy devices and related technologies. Operations are centered in the security and safety sectors, addressing needs in narcotics detection, explosives identification, and hazardous material analysis. Products like Serstech Arx mkII and SERS kits are developed for use by first responders and law enforcement. The company is also involved in offering rental services and software solutions for data management in chemical analysis.

Serstech's top competitors include Kromek, Vehant Technologies and Smiths Detection.

Serstech offers Serstech Arx mkII, Serstech SERS Kit, Serstech ChemDash, Serstech Capillary Probe, and Serstech TraSERSwab.

Serstech has 1 investor. Key investors include European Union.

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