# Spectricity

**Source:** https://www.startuphub.ai/startups/spectricity
**Profile type:** Startup

> Belgian fabless semiconductor company making miniaturized hyperspectral sensors for smartphones and consumer devices.

## About

Spectricity is a Belgium-based imec spin-off founded in 2018 in Mechelen that develops low-cost CMOS-based hyperspectral sensors for mobile, wearable, and IoT devices. Its technology enables professional-grade spectral sensing in compact form factors for applications including skin health monitoring, food analysis, agriculture, and environmental sensing. The company raised €14M Series B in 2021 from AtlanticBridge, CapricornFusion, and SSMEF, bringing total funding to €20M (~$21.6M).

## Key facts

- **Slug:** spectricity
- **Website:** https://spectricity.com/
- **Location:** Mechelen, Belgium
- **Founded:** 2018
- **Employees:** 37
- **Operating status:** Active
- **Total funding:** $22M
- **Sectors / tags:** Semiconductor, Hyperspectral Imaging, IoT, Wearables, Healthcare, Consumer Electronics
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/spectricity

## Frequently asked

### What does Spectricity do?

Spectricity is a Belgium-based imec spin-off founded in 2018 in Mechelen that develops low-cost CMOS-based hyperspectral sensors for mobile, wearable, and IoT devices. Its technology enables professional-grade spectral sensing in compact form factors for applications including skin health monitoring, food analysis, agriculture, and environmental sensing. The company raised €14M Series B in 2021 from AtlanticBridge, CapricornFusion, and SSMEF, bringing total funding to €20M (~$21.6M).

### What is Spectricity's revenue?

StartupHub estimates Spectricity's annual revenue at $8.4M (range $4.7M to $22.3M, 69% confidence), based on comparable companies in the sector.

### What is Spectricity's valuation?

StartupHub estimates Spectricity's effective valuation at $84.2M (range $54.0M to $129.6M, 23% confidence), based on comparable companies in the sector.

### How much funding has Spectricity raised?

Spectricity has raised a total of $22M in funding. The most recent round on record is Series B.

### Where is Spectricity headquartered?

Spectricity is headquartered in Mechelen, Belgium.

### When was Spectricity founded?

Spectricity was founded in 2018.

### What industry does Spectricity operate in?

Spectricity operates in Semiconductor, Hyperspectral Imaging, IoT, Wearables, Healthcare, Consumer Electronics.

### How many employees does Spectricity have?

Spectricity has approximately 37 people on record.

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