Spectricity

Mechelen, Belgium Founded: 1999 • Age: 27 yrs
CMOS-based hyperspectral imaging solutions are developed for spectral sensing.
Annual revenue - Latest available
Total funding $16.6M 1 rounds
Employees 20 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Spectricity

Spectricity is a company based in Mechelen (Belgium) founded in 1999 by Jonathan Borremans. Spectricity has raised $16.62 million across 1 funding round from investors including imec.xpand, Capricorn Fusion China Fund and Atlantic Bridge. The company has 20 employees as of December 31, 2022. Spectricity operates in a competitive market with competitors including Nicoya Life, Si-Ware Systems, Headwall Photonics, Seek Thermal and B&W Tek, among others.

  • Headquarter Mechelen, Belgium
  • Employees 20 as on 31 Dec, 2022
  • Founders Jonathan Borremans
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Spectricity
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.62 M (USD)

    in 1 rounds

  • Latest Funding Round
    $16.62 M (USD), Series B

    Aug 03, 2021

  • Investors
    imec.xpand

    & 2 more

  • Employee Count
    20

    as on Dec 31, 2022

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People of Spectricity

Headcount 10-50
Employee Profiles 11
Board Members and Advisors 6
Employee Profiles
People
Joost Decupere
VP Of Engineering
People
Bin Hu
Head Of Engineering In China
People
Jonathan Borremans
CTO, Co-Founder & Board Member
People
Peter Van Wesemael
Project Lead Camera Module Development

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Board Members and Advisors
people
Graham Finlayson
Technical Advisor
people
Steve Jacques
Technical Advisor
people
Marian Verhelst
Technical Advisor
people
Aoife Gowen
Technical Advisor

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Funding Insights of Spectricity

Spectricity has successfully raised a total of $16.62M through 1 strategic funding round. The most recent funding activity was a Series B round of $16.62 million completed in August 2021. 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 Spectricity

Spectricity has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include imec.xpand, Capricorn Fusion China Fund and Atlantic Bridge.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in early-stage semiconductor and nanotechnology firms.
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Investor details for Spectricity

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  • Investor domains
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Investments & Acquisitions by Spectricity

Investments
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Investment portfolio details for Spectricity

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Financial Statements - Spectricity

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Detailed financials for Spectricity

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Spectricity Comparisons

Spectricity Primary company
Description
CMOS-based hyperspectral imaging solutions are developed for...
Location
Mechelen, Belgium
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
20
As of 2022
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Peer comparison for Spectricity

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Competitors of Spectricity

Spectricity 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 Nicoya Life, Si-Ware Systems, Headwall Photonics, Seek Thermal and B&W Tek, among others.

Company Name Domain Founded year HQ Location Description
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Hyperspectral optical microscopes for surface analysis are provided.
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Custom ASIC development and optical MEMS products are offered.
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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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Optical spectroscopy, laser instrumentation, and portable lab systems are manufactured.
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Detailed competitors of Spectricity

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Latest news on Spectricity

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Complete news archive for Spectricity

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Frequently Asked Questions about Spectricity

Spectricity was founded in 1999 and raised its 1st funding round 22 years after it was founded.

Spectricity is headquartered in Mechelen, Belgium. It is registered at Mechelen, Antwerp, Belgium.

Carl Smets is the current CEO of Spectricity.

Spectricity is a funded company, having raised a total of $16.62M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Spectricity is 20.

Spectricity was founded in 1999 in Mechelen, Belgium, and operates in the optics and imaging sector. Integrated optical spectral sensing solutions based on CMOS technology are designed and developed, targeting the visible and near-infrared range from 400nm to 1050nm. These solutions are applied in agriculture, food analysis, health diagnostics, colorimetry, and biomedical fields for both industrial and consumer markets.

Spectricity's top competitors include Headwall Photonics, Living Optics and Nicoya Life.

Spectricity has 3 investors. Key investors include imec.xpand, Capricorn Fusion China Fund, and Atlantic Bridge.

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