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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Spectricity
-
Annual Revenue
-
Net Profit
-
EBITDA
-
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
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $16.6M
-
First Round
First Round
(03 Aug 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Spectricity | Valuation | Capricorn Fusion China Fund , Atlantic Bridge |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is invested in early-stage semiconductor and nanotechnology firms.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Spectricity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Spectricity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spectricity Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hyperspectral optical microscopes for surface analysis are provided.
|
|
| domain | founded_year | HQ Location |
Custom ASIC development and optical MEMS products are offered.
|
|
| domain | founded_year | HQ Location |
Remote-sensing and machine vision solutions for industrial inspections are provided.
|
|
| domain | founded_year | HQ Location |
Manufacturer of thermal imaging cameras, cores, and sensor boards for various uses
|
|
| domain | founded_year | HQ Location |
Optical spectroscopy, laser instrumentation, and portable lab systems are manufactured.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Spectricity
Frequently Asked Questions about Spectricity
When was Spectricity founded?
Spectricity was founded in 1999 and raised its 1st funding round 22 years after it was founded.
Where is Spectricity located?
Spectricity is headquartered in Mechelen, Belgium. It is registered at Mechelen, Antwerp, Belgium.
Who is the current CEO of Spectricity?
Carl Smets is the current CEO of Spectricity.
Is Spectricity a funded company?
Spectricity is a funded company, having raised a total of $16.62M across 1 funding round to date. The company's 1st funding round was a Series B of $16.62M, raised on Aug 03, 2021.
How many employees does Spectricity have?
As of Dec 31, 2022, the latest employee count at Spectricity is 20.
What does Spectricity do?
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.
Who are the top competitors of Spectricity?
Spectricity's top competitors include Headwall Photonics, Living Optics and Nicoya Life.
Who are Spectricity's investors?
Spectricity has 3 investors. Key investors include imec.xpand, Capricorn Fusion China Fund, and Atlantic Bridge.