Spectral Engines

Helsinki, Finland Founded: 2014 • Age: 12 yrs Acquired By mut
Miniaturized spectral sensors are manufactured for industrial measurement applications.
Annual revenue - Latest available
Total funding $3.0M 6 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Spectral Engines

Spectral Engines is a company based in Helsinki (Finland) founded in 2014 was acquired by mut in May 2018. Spectral Engines has raised $2.97 million across 6 funding rounds from investors including European Union, Finnvera and mut. Spectral Engines offers products and services including NIRONE Sensor X, NIRONE Sensor S, NIRONE Scanner, LabScanner, and Liquid Scanner. Spectral Engines operates in a competitive market with competitors including Spectricity, Headwall Photonics, Seek Thermal, Living Optics and HyperSpectral, among others.

  • Headquarter Helsinki, Finland
  • Sectors
    Technology
  • Phone
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  • Website
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  • Legal Name Spectral Engines Gmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.97 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.79 M (USD), Grant

    Oct 31, 2017

  • Investors
  • Employee Count
    Not available
  • Acquired by
    mut

    (May 25, 2018)

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Products & Services of Spectral Engines

Spectral Engines offers a comprehensive portfolio of products and services, including NIRONE Sensor X, NIRONE Sensor S, NIRONE Scanner, LabScanner, and Liquid Scanner.

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Primary

Portable device for accurate material analysis in field applications.

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Robust sensor for non-destructive material identification.

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Hand-held scanner for quick material verification.

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Device for detailed material analysis in lab settings.

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Scanner for identifying liquids in various contexts.

People of Spectral Engines

Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Bilawal Aziz
Senior Software Engineer
People
Julian Metzler
Software Architect
People
Fuad Habash
Senior Hardware Engineer

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Funding Insights of Spectral Engines

Spectral Engines has successfully raised a total of $2.97M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $2.79 million completed in October 2017. 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 Spectral Engines

Spectral Engines has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, Finnvera and mut.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Investments in early-stage tech startups are made by Inventure.
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Investor details for Spectral Engines

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Investments & Acquisitions by Spectral Engines

Investments
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Investment portfolio details for Spectral Engines

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Financial Statements - Spectral Engines

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Detailed financials for Spectral Engines

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Spectral Engines Comparisons

Spectral Engines Primary company
Description
Miniaturized spectral sensors are manufactured for industria...
Location
Helsinki, Finland
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spectral Engines

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Competitors of Spectral Engines

Spectral Engines 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 Spectricity, Headwall Photonics, Seek Thermal, Living Optics and HyperSpectral, among others.

Company Name Domain Founded year HQ Location Description
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CMOS-based hyperspectral imaging solutions are developed for spectral sensing.
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Remote-sensing and machine vision solutions for industrial inspections are provided.
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Manufacturer of thermal imaging cameras, cores, and sensor boards for various uses
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Developers of a hyperspectral imager to capture images beyond the visible spectrum
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AI-powered real-time detection platform for pathogens
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Hyper spectral digital imaging sensors
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Detailed competitors of Spectral Engines

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Latest news on Spectral Engines

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Complete news archive for Spectral Engines

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Frequently Asked Questions about Spectral Engines

Spectral Engines was founded in 2014.

Spectral Engines is headquartered in Helsinki, Finland.

Spectral Engines is a funded company, having raised a total of $2.97M across 6 funding rounds to date.

Spectral Engines is a Startup from VTT Technical Research Centre of Finland. Spectral Engines manufacturers miniaturized spectral sensors. Typical applications for the devices are moisture measurements in pharmaceutical powders, food content (protein, fat, sugars), gas detection and analysis.

Spectral Engines's top competitors include Headwall Photonics, Living Optics and Spectricity.

Spectral Engines offers NIRONE Sensor X, NIRONE Sensor S, NIRONE Scanner, LabScanner, and Liquid Scanner.

Spectral Engines has 7 investors. Key investors include European Union, Finnvera, mut, EIC Fund, and VTT Ventures.

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