
Hasselblad
Medium format digital and film cameras, lenses, backs, scanners, and other photo equipment.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
SEK | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 54 % | (14 %) | 8 % | 113 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (3 %) | 7 % | 1 % | 13 % | 18 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
The Hasselblad story begins not with cameras, but with a trading company founded in 1841 in Sweden by Fritz Wiktor Hasselblad. His son, Arvid Viktor, developed an interest in the new field of photography and established a photographic division. He famously said, "I certainly don't think that we will earn much money on this, but at least it will allow us to take pictures for free." A pivotal meeting with George Eastman led to Hasselblad becoming the sole Swedish distributor for Kodak products in 1888. The photography business was so successful that it was spun off into its own company in 1908. The company's destiny shifted with Arvid's grandson, Victor Hasselblad. During World War II, the Swedish government asked Victor to replicate a captured German aerial surveillance camera. His response was legendary: "No, but I can make a better one." This led to the creation of the company's first camera, the HK7, for the Swedish Air Force. After the war, Victor introduced the first civilian Hasselblad camera in 1948. A defining moment came when NASA chose Hasselblad for its space missions. Astronaut Walter Schirra, a photography enthusiast, recommended the brand's high-quality cameras in 1962. This partnership culminated in a modified Hasselblad camera capturing the iconic images of the first moon landing in 1969. In 2017, another significant event occurred when drone manufacturer DJI acquired a majority stake in the company, bringing the iconic camera brand into the new era of aerial photography.