VoxelSensors, a Brussels, Belgium-based semiconductor tech startup, raised an additional €3M in Seed funding.
The funding is an extension of the company’s €5.5M Seed raised in May 2023, led by Capricorn Digital Growth Fund and Qbic Fund. The round, which brought the total amount to €9.5M, was led by SFPIM Relaunch with participation from existing investors Qbic Fund and finance&invest.brussels.
The company intends to use the funds to boost its growth, technology advancement, and customer engagement for its low-power, low-latency Spatial and Empathic Computing solution for mobile and XR devices.
Led by CEO Johannes Peeters and CTO Ward van der Tempel, VoxelSensors develops Spatial and Empathic Sensor Fusion technology for mobile, XR, and industrial applications. Its proprietary SPAES (Single Photon Active Event Sensor) technology and system architecture are designed to fulfill the demands of end-product manufacturers seeking perception solutions. Its technology propels the growth of the mobile and XR markets while satisfying the rising demand for Spatial and Empathic experiences across various industries.
Spatial and Empathic Computing is an emerging field that aims to create technology that can enhance user perception based on user intentions for unique and personalized experiences. This technology will enable many applications for consumer electronics and professional applications on XR devices.
Commenting on the news, Johannes Peeters said: “We are grateful to have secured this investment. It will allow us to keep innovating and developing our technologies to meet customer needs. We appreciate the support of institutional investors who align with our vision and values for the future of spatial and empathic computing in Brussels, Belgium and of electronic-semiconductor companies in Europe. Their investment is a recognition of the quality of our business and the promise of our technology.”
FinSMEs
30/01/2024