Funding

Agate Sensors Raises €5.6M To Bring Spectral Vision To Everyday Devices

Sep 9, 2025 | By Kailee Rainse

Espoo-based startup Agate Sensors, which develops smart sensors for material analysis, has raised €5.6 million.

SUMMARY

  • Espoo-based startup Agate Sensors, which develops smart sensors for material analysis, has raised €5.6 million.

The funding will help commercialize a breakthrough that miniaturizes spectroscopy from suitcase-sized lab equipment to a single-pixel sensor small enough to fit on a fingertip. The round includes €4 million in seed funding led by Voima Ventures and LIFTT, plus €1.6 million in grants from Business Finland.

Founded in 2024 as a spin-out from Aalto University, Agate Sensors is developing chip-scale spectral sensing technology that combines photography, hyperspectral imaging, and biosensing in a single platform.

Supported by patents and cutting-edge research, the sensors deliver “superhuman” vision, detecting hundreds of light bands at once for applications in healthcare, defense, environmental monitoring, and consumer electronics.

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As AI and autonomous systems demand richer environmental awareness, Agate’s platform extends machine vision into new areas. Its smart sensors capture spectral data and, with AI, classify materials and objects in real time.

Applications include wearable health monitoring, counterfeit detection, environmental hazard identification, and smart agriculture, giving machines a coordinated, “superhuman” understanding of their surroundings.

Tommi Leino, CEO of Agate Sensors, said: We’ve taken a spectrometer once confined to specialised labs and made it small and affordable enough to live inside everyday devices. One sensor can shift between functions entirely through software from diagnosing a health condition to detecting, identifying, and classifying objects and materials changing how we interact with the physical world.

Agate Sensors plans to begin initial chip production by the end of this year, with proof-of-concept demonstrations scheduled for 2026 and the launch of the first commercial smart wearables targeted for late 2027.

This funding allows us to commercialize a technology that fundamentally changes how machines perceive the world,

added Mikael Westerlund, CBO of Agate Sensors. We’re not just building sensors, but enabling a new layer of light-based intelligence.

Agate Sensors’ software-defined spectroscopy platform reads the “spectral signatures” of materials through light analysis.

Dr. Andreas Liapis, CTO of Agate Sensors, explained: This technology is the result of over a decade of research in semiconductor physics and nanotechnology at Aalto University. For the first time, we are able to bring laboratory-grade spectroscopy to an integrated form factor suitable for mass market use.

Niko Elers, Investment Director at Voima Ventures, added: Agate Sensors’ platform is a leap forward in hyperspectral sensing: software-defined, scalable, and truly high-performance. It holds immense potential to reshape industries that rely on precise optical measurement, and we are very excited to support the company on the journey ahead.

Defense is one of the first markets to benefit from Agate’s sensors. They can, for instance, differentiate real foliage from synthetic camouflage or identify vehicle types based on unique paint signatures.

Pierluigi Freni, Project Manager at LIFTT, commented: We believe this innovation will play a critical role in strengthening Europe’s technological sovereignty in defense and security. For the first time, we have a technology capable of mass deployment that allows machines to understand what they see. This changes everything we know about spectral data usability and usage.

We confirm our trust and belief in the Finnish innovation ecosystem, in which we have decided to continue investing together with LIFTT Euroinvest, the investment vehicle we share with the European Investment Bank.

The funding will speed up production of chip-scale sensors, enabling cameras to instantly analyze their surroundings for applications ranging from food and health inspections to counterfeit detection and critical defense operations.

About Agate Sensors

Agate Sensors miniaturizes lab-grade hyperspectral imaging into a fingertip-sized chip, making advanced spectral intelligence accessible and scalable. From wearables and smartphones to defense systems its technology delivers instant molecular-level insights. Founded by Aalto University experts, Agate combines hyperspectral sensing, edge AI, and software-defined intelligence to transform multiple industries.

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