Specim
The best hyperspectral solutions for industry, OEM, integrators, research and airborne users.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
€3.5m | Early VC | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (4 %) | 11 % | (3 %) | 63 % | - | 1 % | (17 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 14 % | 17 % | 14 % | 22 % | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 3 % | - | 9 % | 9 % | 11 % | 7 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 83 % | 75 % | 77 % | - | - | - | - |
Source: Company filings or news article
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Specim, a leader in hyperspectral imaging solutions, was founded by Esko Herrala and Jukka Okkonen. The company emerged as a pioneer in the field, offering advanced imaging spectrographs and cameras that serve a variety of industrial applications. Specim's technology allows for detailed analysis and imaging beyond the capabilities of traditional cameras, making it invaluable in sectors ranging from environmental monitoring to industrial quality control.
In November 2020, Specim reached a significant milestone when it was acquired by Konica Minolta. This acquisition marked a new chapter for Specim, as it joined forces with a global leader in imaging and sensing solutions. The acquisition was seen as a strategic move to enhance Konica Minolta's portfolio and expand its reach in the hyperspectral imaging market.
Specim's journey from a small startup to a key player in the imaging industry highlights the impact of innovative technology and strategic partnerships. The founders' vision and expertise laid the groundwork for a company that continues to influence and advance the capabilities of imaging technology worldwide.