Xenics Infrared Solutions

Leuven, Belgium Founded: 2000 • Age: 26 yrs Acquired By Photonis
IR cameras and sensing modules are developed for industrial applications.
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About Xenics Infrared Solutions

Xenics Infrared Solutions is a company based in Leuven (Belgium) founded in 2000 was acquired by Photonis in December 2022.. Xenics Infrared Solutions has raised $1.76 million across 1 funding round from investors including Photonis and Software Holding & Finance. The company has 50 employees as of December 31, 2022.

  • Headquarter Leuven, Belgium
  • Employees 50 as on 31 Dec, 2022
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Key Metrics
  • Annual Revenue
    $19.63 M (USD)
    14
    as on Dec 31, 2022
  • Net Profit
    $2.9 M (USD)
    -18
    as on Dec 31, 2022
  • EBITDA
    $2.88 M (USD)
    -17
    as on Dec 31, 2022
  • Total Equity Funding
    $1.76 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.76 M (USD), Seed

    Jun 01, 2003

  • Investors
    Photonis

    & 1 more

  • Employee Count
    50

    as on Dec 31, 2022

  • Acquired by
    Photonis

    (Dec 15, 2022)

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Funding Insights of Xenics Infrared Solutions

Xenics Infrared Solutions has successfully raised a total of $1.76M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.76 million completed in June 2003. 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 Rounds 1
  • Last Round Seed — $1.8M
  • First Round

    (01 Jun 2003)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2003 Amount Seed - Xenics Infrared Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

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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 Xenics Infrared Solutions

Xenics Infrared Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Photonis and Software Holding & Finance. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A Belgian venture capital provider focused on emerging technology startups.
Founded Year Domain Location
Provider of amplification, detection, and imaging technologies
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 Xenics Infrared Solutions

Investments
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 - Xenics Infrared Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Xenics Infrared Solutions Comparisons

Employees
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Competitors of Xenics Infrared Solutions

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 Xenics Infrared Solutions

Frequently Asked Questions about Xenics Infrared Solutions

When was Xenics Infrared Solutions founded?

Xenics Infrared Solutions was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Where is Xenics Infrared Solutions located?

Xenics Infrared Solutions is headquartered in Leuven, Belgium. It is registered at Leuven, Flemish Brabant, Belgium.

Is Xenics Infrared Solutions a funded company?

Xenics Infrared Solutions is a funded company, having raised a total of $1.76M across 1 funding round to date. The company's 1st funding round was a Seed of $1.76M, raised on Jun 01, 2003.

How many employees does Xenics Infrared Solutions have?

As of Dec 31, 2022, the latest employee count at Xenics Infrared Solutions is 50.

What is the annual revenue of Xenics Infrared Solutions?

Annual revenue of Xenics Infrared Solutions is $19.63M as on Dec 31, 2022.

What does Xenics Infrared Solutions do?

Xenics Infrared Solutions was founded in 2000 as a spin-off from IMEC in Leuven, Belgium. Multispectral IR cameras, detectors, lenses, and accessories are manufactured for remote sensing, thermography, security, and surveillance sectors. IR sensing cores are provided as modules or fully assembled products, utilizing InGaAs and bolometer technologies for industrial applications.

Who are Xenics Infrared Solutions's investors?

Xenics Infrared Solutions has 2 investors. Key investors include Photonis, and Software Holding & Finance.

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