Venture Kick finalist ActLight closes Series A funding
10.07.2015
ActLight SA, the creator of the next generation photo diode, has closed a Series A financing round with an investor group comprising of Swisscom Ventures and the business angel networks Investiere, Go Beyond and BAS.
 Serguei Okhonin, CEO and co-founder of ActLight (photo: Swiss Venture Guide)
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The 2012 Venture Kick winner and 2015 Swisscom StartUp Challenge finalists ActLight has developed a photo diode solution, which delivers significantly higher sensitivity combined with dramatically reduced power consumption as well as lower manufacturing and design costs. ActLight will leverage the new round of funding to continue enhancing its products and to further expand co-operation with partners and customers.
“ActLight’s Dynamic Photo Diode is the most powerful solution for low power, high sensitivity, and on-chip integration for new light sensing solutions for mobile devices such as smartphones, tablets, smartwatches and portable MedTech solutions. Low power consumption is key in solutions for heart rate measurement, gesture control and 3D sensing,” explains Serguei Okhonin, CEO and co-founder of ActLight. “Our investors share our vision to create the next generation of light sensing solutions and we are now entering the market with key industrial partners and customers,” commented Fredrik Uddegard, co-founder of ActLight.
“As mobile and wearable devices are getting ever more pervasive, the importance of light sensors to measure and interpret the surrounding environment will be fundamental to extend functionality and increase the user experience. With this Dynamic Photo Diode, we believe that Actlight has developed a truly disruptive solution, which will greatly benefit the advancement of personal computing,” said Pär Lange, Investment Director at Swisscom Ventures.
About ActLight SA
ActLight SA focuses in the field of CMOS photonics by developing new type of photodetectors and improving photovoltaic energy harvesting technology. Being a fabless company, ActLight specializes in the Intellectual Property (IP) of these areas and provides supporting services like design and technology advice for its customers. ActLight is headquartered in Lausanne, Switzerland.
About Swisscom Ventures SA
Swisscom Ventures is the venture capital arm of Swisscom AG, the leading telecommunications and IT provider in Switzerland. Since its inception in 2007, they have invested in over 35 IT, digital media and telecommunication companies from our offices in Switzerland (Zurich and Lausanne) and the USA (Silicon Valley). As a strategic investor, they offer entrepreneurs access to our technical infrastructure and market channels in addition to financial support. www.swisscom.ch/en/ventures
About investiere
investiere is one of Europe’s leading online investment platforms. Since 2010, over 25 startups have used investiere to raise funds (over 10 million Swiss francs in total) from private investors with relevant industry expertise and networks. The +6'000 investiere community members identify the most promising investment opportunities which are then further reviewed by experts and the investiere-team. www.investiere.ch
“ActLight’s Dynamic Photo Diode is the most powerful solution for low power, high sensitivity, and on-chip integration for new light sensing solutions for mobile devices such as smartphones, tablets, smartwatches and portable MedTech solutions. Low power consumption is key in solutions for heart rate measurement, gesture control and 3D sensing,” explains Serguei Okhonin, CEO and co-founder of ActLight. “Our investors share our vision to create the next generation of light sensing solutions and we are now entering the market with key industrial partners and customers,” commented Fredrik Uddegard, co-founder of ActLight.
“As mobile and wearable devices are getting ever more pervasive, the importance of light sensors to measure and interpret the surrounding environment will be fundamental to extend functionality and increase the user experience. With this Dynamic Photo Diode, we believe that Actlight has developed a truly disruptive solution, which will greatly benefit the advancement of personal computing,” said Pär Lange, Investment Director at Swisscom Ventures.
About ActLight SA
ActLight SA focuses in the field of CMOS photonics by developing new type of photodetectors and improving photovoltaic energy harvesting technology. Being a fabless company, ActLight specializes in the Intellectual Property (IP) of these areas and provides supporting services like design and technology advice for its customers. ActLight is headquartered in Lausanne, Switzerland.
About Swisscom Ventures SA
Swisscom Ventures is the venture capital arm of Swisscom AG, the leading telecommunications and IT provider in Switzerland. Since its inception in 2007, they have invested in over 35 IT, digital media and telecommunication companies from our offices in Switzerland (Zurich and Lausanne) and the USA (Silicon Valley). As a strategic investor, they offer entrepreneurs access to our technical infrastructure and market channels in addition to financial support. www.swisscom.ch/en/ventures
About investiere
investiere is one of Europe’s leading online investment platforms. Since 2010, over 25 startups have used investiere to raise funds (over 10 million Swiss francs in total) from private investors with relevant industry expertise and networks. The +6'000 investiere community members identify the most promising investment opportunities which are then further reviewed by experts and the investiere-team. www.investiere.ch