Agate Sensors has secured €5.6 million to advance its innovative microsensor technology, enabling real-time material analysis for various applications.
Target Information
Agate Sensors is an innovative Finnish startup specializing in the development of microsensors intended for material analysis. The company has raised €5.6 million to commercialize a groundbreaking technology that significantly miniaturizes traditional spectroscopy tools—from large laboratory equipment to chips smaller than a needle's tip. This advancement allows devices to analyze the chemical composition of materials in real-time, extending high-precision material detection beyond laboratories and into everyday consumer devices, including smartphones, wearables, medical equipment, and defense systems.
Agate Sensors' technology is designed to transform how machines perceive their environment, enabling a range of applications that require understanding material composition. The company is on track to produce its initial chips by the end of the year, with plans for prototype demonstrations throughout 2026 and the market launch of smart wearables by the end of 2027.
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Industry Overview
In Finland, the tech sector has seen continuous growth, particularly in fields focused on innovation and advanced technologies. The country's commitment to research and development, coupled with government support for startups, creates a fertile env
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Disclosed details
Transaction Size: $6M
Equity Value: $4M