Lausanne – EPFL-based startup ActLight recently closed its series B financing round. With a CHF 1.2 million contribution, investiere.ch was the largest investor in this round. This sum came from private investors as well as from Nest, the first Swiss pension fund to systematically invest in Swiss startups.
For this, Nest is relying on the expertise and experience of investiere.ch. The remaining money came from Swisscom Ventures and business angels from ActLight’s network.
The same performance with up to 10 times less energy consumption
ActLight develops and licenses light sensor technology which can be used for applications such as range meters and 3D cameras. ActLight’s sensors provide the same performance with up to 10 times less energy consumption, requiring significantly less space and at a better price compared to existing solutions.
In 2015, investiere.ch participated in ActLight’s Series A round. Since then, the EPFL-based company has developed a sensor for low-energy heart rate sensing for wearable devices in cooperation with On Semiconductor. The sensor can measure a heartbeat with merely a fifth of the energy required by existing solutions. Given that nearly 80% of the battery power in smartwatches is used up by the heart-rate monitor, this is a significant breakthrough. (investiere.ch/mc/hfu)