Consumer Physics

Portable Near Infrared Spectrometer

Agritech, Spectrometry, Technologies
Deep Learning Machine Learning

Business Overview

Consumer Physics mission is to empower consumers and businesses to learn about the makeup of materials anytime, anywhere by using SCiO – the worlds smallest most affordable near infrared (NIR) spectrometer. The SCiO sensor pairs with SCiO smartphone apps and connects to a cloud-based database of material fingerprints. Consumer Physics offers businesses and 3rd party developers a platform that enables them to design their own molecular sensing models and mobile applications for personal and commercial use. The SCiO DevKit includes the SCiO Lab development platform and Mobile SDK and access to professional support from Consumer Physics experts. Consumers can use SCiO to scan fruit, vegetables, dairy food, meat, fish, medications, their own body to measure total body fat, and much more within seconds. The SCiO app also includes a DIY applet that allows anyone to scan any materials of their choosing and analyze the difference between their molecular identities. Businesses can use the SCiO DevKit to improve processes and reduce costs in many industries, including manufacturing, food, agriculture, farming, retail, commodities pharma, automotive, plastics, oil and gas, petrochemicals, machinery, cosmetics, gemology, and more. Gone are the days that only labs or skilled professionals use spectrometers. Field deployment of NIR spectrometers has arrived! The possibilities for real-time material analysis are endlessConsumer Physics has won numerous awards including OSA (The Optical Society) 2016, The World Economic Forum Technology Pioneers Award 2015, the United Nations Netexplo Award 2015, The CES Innovation Honoree 2016, and many more. SCiO has regularly appeared in Top Products to Watch lists on Forbes, CNN, and Fortune, and has been covered numerous times by the media on television, in print, and online

Operating Status
Active
Founded
April 2011
Employees
52
Business model
B2B
Offering type
Hardware, Software
Funding stage
Series C
Business stage
Launched
Total funding
$39.1 Million
Sectors
Agritech, Spectrometry, Technologies

Funding Rounds

Calculated as the average ratio between the current funding round amount raised and the previous funding round amount raised. Note that 'plus' rounds are summed together. i.e. Series A = Series A and Series A+.
Funding Growth Multiple
1.7x

New wpDataTable

Date Announced

Funding Round

Amount Raised

Investors

October 2017
Series C
$17.4 M
August 2016
Debt
$3.1 M
June 2015
Debt
$1.5 M

AI Technology Stack

AI Description

Material sensing models use AI and ML in the cloud

AI employees
9
AI application
Horizontal AI
AI types
Deep Learning, Machine Learning

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