About XeThru
XeThru is a company based in Oslo (Norway) founded in 2004. XeThru has raised $27 million across 2 funding rounds from investors including Investinor and Alliance Venture Capital. The company has 50 employees as of December 31, 2020. XeThru offers products and services including NOVELDA UWB CPD & Vital Signs Sensor, NOVELDA UWB Proximity Sensor, NOVELDA UWB Occupancy Sensor, NOVELDA UWB Ultra-Low Power Presence Sensor, and NOVELDA UWB X7 Radar. XeThru operates in a competitive market with competitors including Withings, Ultrahuman, iHealth Labs, Oura and Masimo, among others.
- Headquarter Oslo, Norway
- Employees 50 as on 31 Dec, 2020
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Sectors
TechnologyHealthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Novelda As
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Annual Revenue
$4.45 M (USD)109as on Dec 31, 2021
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Net Profit
-$15.96 M (USD)-47as on Dec 31, 2021
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EBITDA
Not available
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Total Equity Funding
$27 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Feb 04, 2019
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Investors
Investinor
& 1 more
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Employee Count
50
as on Dec 31, 2020
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Products & Services of XeThru
XeThru offers a comprehensive portfolio of products and services, including NOVELDA UWB CPD & Vital Signs Sensor, NOVELDA UWB Proximity Sensor, NOVELDA UWB Occupancy Sensor, NOVELDA UWB Ultra-Low Power Presence Sensor, and NOVELDA UWB X7 Radar.
Detects human vital signs and presence for security applications.
Enables touch-free interactions in consumer devices.
Monitors room occupancy for energy management systems.
Provides efficient presence detection with minimal energy use.
Offers advanced radar for automotive and building applications.
Funding Insights of XeThru
XeThru has successfully raised a total of $27M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in February 2019. 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 XeThru
XeThru has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Investinor and Alliance Venture Capital.
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Alliance Venture Capital is focused on investing in early-stage Nordic tech companies.
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Investor details for XeThru
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Investments & Acquisitions by XeThru
Investment portfolio details for XeThru
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Financial Statements - XeThru
Detailed financials for XeThru
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Xethru Comparisons
Peer comparison for XeThru
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Competitors of XeThru
XeThru 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 Withings, Ultrahuman, iHealth Labs, Oura and Masimo, among others.
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Connected devices for health, sleep, and activity monitoring are developed.
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Metabolic health is tracked via devices and fitness platforms.
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Personal healthcare devices for vital monitoring are designed and produced.
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Health-tracking smart rings and biosensors are developed for biometric monitoring.
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Provider of wide range of devices to monitor health parameters
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Remote monitoring platform for tracking patient activity
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Detailed competitors of XeThru
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Latest news on Xethru
Complete news archive for XeThru
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Frequently Asked Questions about XeThru
XeThru was founded in 2004 and raised its 1st funding round 10 years after it was founded.
XeThru is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Jan-Bjornar Lund is the current CEO of XeThru.
XeThru is a funded company, having raised a total of $27M across 2 funding rounds to date.
As of Dec 31, 2020, the latest employee count at XeThru is 50.
Annual revenue of XeThru is $4.45M as on Dec 31, 2021.
Founded in 2004 in Oslo, Norway, XeThru, part of Novelda, focuses on sensor technology within the IoT and health monitoring sectors. Adaptive smart sensors are developed and manufactured using radio waves to enable non-contact detection of presence and breathing rates. These modules penetrate materials such as lightweight walls, bedding, and fabrics, supporting ranges up to several meters with low power use. Operations emphasize high-resolution sensing systems for various applications.
XeThru's top competitors include Withings, Ultrahuman and Oura.
XeThru offers NOVELDA UWB CPD & Vital Signs Sensor, NOVELDA UWB Proximity Sensor, NOVELDA UWB Occupancy Sensor, NOVELDA UWB Ultra-Low Power Presence Sensor, and NOVELDA UWB X7 Radar.
XeThru has 2 investors. Key investors include Investinor, and Alliance Venture Capital.