What is Spectricity?
Founded in 2017 and headquartered in Belgium, Spectricity is at the forefront of creating low-cost CMOS-based spectral sensing solutions. Their patented technology integrates with existing camera and other sensors in mobile devices to deliver augmented real-time data, sophisticated user-environment interfacing, and robust big data analysis capabilities. This innovative approach positions Spectricity to redefine how devices perceive and interact with their surroundings.
How much funding has Spectricity raised?
Spectricity has raised a total of $16M across 1 funding round:
Series B
$16M
Series B (2021): $16M with participation from Shanghai Semiconductor Equipment and Material Fund, CapricornFusion China Fund, XTRION, AtlanticBridge, and imec.xpand
Key Investors in Spectricity
Shanghai Semiconductor Equipment and Material Fund
A fund likely focused on advancing semiconductor technology and materials within the Chinese market.
CapricornFusion China Fund
A venture capital fund with a strategic interest in fusion technology or related advanced material sectors, potentially with a focus on China.
XTRION
An investment entity, possibly focused on technology or industrial sectors, contributing to Spectricity's growth.
What's next for Spectricity?
The recent major strategic investment, contextualized within Spectricity's overall enterprise-level funding, suggests the company is poised for significant scaling and market penetration. This capital infusion will likely fuel further research and development, expand manufacturing capabilities, and bolster sales and marketing efforts to capture a larger share of the high-volume mobile and consumer electronics market. Spectricity's focus on enhancing device intelligence through spectral sensing indicates a strategic move towards more immersive and data-rich user experiences.
See full Spectricity company page
