Spectrometry sensor startup MantiSpectra raises funds

Spectrometry sensor startup MantiSpectra raises funds

Business news |
By Peter Clarke

MantiSpectra BV (Eindhoven, The Netherlands), a startup developing near-infrared spectroscopy, has raised €4 million in venture capital in a seed round of funding.

Innovation Industries and PhotonVentures led the round with support from PhotonDelta, a Dutch government growth fund programme.

MantiSpectra was founded in 2020 to commercialize near-infrared sensor research conducted at the Technical University of Eindhoven (see Miniature near-infrared sensor fits in a smartphone). The company has developed ChipSense, a small NIR multi-pixel sensor that replaces and augments traditional bulky spectrometers and enables compact, portable, and cost-effective material analysis. With the addition of artificial intelligence, MantiSpectra’s platform enables rapid material composition analysis at the edge.

The funds will be used to scale-up sensor manufacturing to support high-volume application cases and develop database libraries for turnkey solutions. Applications include agrifood production processes, recycling facilities to differentiate among plastics and fibers, process analytics for real-time control, and a variety of consumer devices.

MantiSpectra claims to have already signed up three of the world’s top ten food and beverage companies as customers and have customers in 20 countries.

Vincent Kamphorst Investment Director at Innovation Industries, said: “MantiSpectra’s unique miniaturized photonics solution can enable mass market adoption of spectroscopy towards consumer-level scale. This can make a huge positive impact, with applications in healthy living and reduction of food waste, to name just a few.”

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Miniature near-infrared sensor fits in a smartphone

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AMS-Osram set to get €300 million IPCEI subsidy

€1.1bn for a European photonics supply chain

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