Latest round

Seed

Last raised

Nov 2019

Total raised

$0.8M

Investors

1

About ElFys

Founded in 2017, ElFys, Inc. is located in Espoo, Finland, and focuses on the design and manufacturing of photodetectors. The company's founders are Hele Savin and Mikko Juntunen, who also serves as the CEO.ElFys specializes in the design, development, and manufacturing of advanced photodetectors, providing both customized and standard products for various light detection applications. Their offerings leverage proprietary Black Silicon technology to enhance photosensitivity across a wide spectral range, including ultraviolet (UV) to near-infrared (NIR). The company's key products include the high-performance 4-quadrant detector and models such as QPD-385-Y, SM322, and the PD series, known for their superior sensitivity, low dark current, and rapid response times.30 in 2022, with an EBITDA of EUR 1,412,262. Revenue is primarily derived from direct B2B transactions, supplying high-performance photodetectors to various industries focused on light sensing solutions. Their pricing is aligned with product specifications and performance capabilities, catering to industries such as health technology and defense, where clients typically place bulk orders or engage in long-term service agreements.In September 2022, ElFys, Inc. Looking ahead, ElFys plans to expand its product lineup with new photodetector designs and aims to penetrate additional markets in Europe and North America by 2025.

Who invested in ElFys

1 investor across 1 round

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Funding rounds

  1. Seed

    Nov 6, 2019

    Amount

    $0.8M

    Investors

    Locked

Questions about ElFys

Who invested in ElFys?

ElFys has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ElFys raised?

ElFys has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did ElFys last raise money?

ElFys's most recent round on record is a Seed, in Nov 2019.

What does ElFys do?

ElFys is a electronics company.

Where is ElFys headquartered?

ElFys is headquartered in Espoo, Finland.

Which VCs invest in companies like ElFys?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back electronics companies at ElFys's stage. Their profiles are linked below.

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