# PhovIR Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phovir-technologies

- Industry: Software
- Headquarters: Manchester, UK
- Website: www.phovir.com
- Total disclosed funding: $5.4M
- Latest round: Seed (Aug 19, 2025)
- Investors on record: 2

## About

Based in the UK, PhovIR Technologies Ltd specializes in handheld infrared spectroscopy technology, providing users with real-time material analytics for various applications in healthcare, environmental monitoring, and materials identification.PhovIR Technologies Ltd, founded in 2024 in Manchester, UK, focuses on developing innovative spectroscopy solutions. The company has completed its first investment round, raising GBP 4 million in Seed funding on August 19, 2025, co-led by Northern Gritstone and Science Creates Ventures. The founder's prior history is not documented, and there are no known subsidiaries or parent companies involved with PhovIR.PhovIR Technologies Ltd specializes in handheld infrared (IR) spectroscopy technology, enabling real-time material analytics directly accessible to users in various environments. Their core product, the PhovIR spectrometer, utilizes a MEMS-based Michelson interferometer to provide detailed insights into materials, substances, and physiological markers. This innovative device covers a spectral range of 1–2.6 µm and delivers results in less than 100 milliseconds, making it efficient for applications in environmental monitoring, healthcare diagnostics, and materials identification. The target clientele includes industries that require immediate analysis capabilities, such as pharmaceuticals, food safety, and environmental sciences, along with individual users in academia and research. PhovIR's technology is marketed in several geographical regions, focusing on North America, Europe, and parts of Asia, where the demand for portable and cost-effective analytical solutions is expanding.PhovIR Technologies Ltd generates revenue through direct sales of its PhovIR spectrometer and potential subscription models for data interpretation services. The company establishes partnerships with organizations across various sectors, creating a B2B transaction structure that facilitates large-scale deployments in industries requiring consistent material analysis. Clients may engage in purchasing units outright for integration into their operational workflows or opt for bundled service offerings, which could include ongoing support and advanced data analytics. Specific pricing structures are defined based on the scale of purchase and customization required for different applications, positioning PhovIR competitively within the analytical instrument market.In August 2025, PhovIR Technologies Ltd raised GBP 4 million in Seed funding to support the launch of its commercial product to market. The company aims to expand into new markets in North America and Asia by the end of 2026, targeting regions with a growing demand for innovative spectroscopy solutions. The funding will be utilized to enhance product development and strengthen marketing efforts, facilitating an efficient market entry.

## Funding rounds

- Seed, Aug 19, 2025, $5.4M — Science Creates Ventures, Northern Gritstone

## Investors

- Science Creates Ventures (https://capitalatlas.ai/funds/science-creates-ventures) — Seed
- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Seed