Raytelligence

Sweden
Halmstad, Halland, Sweden

Company profile

Raytelligence company profile

Swedish Adrenaline was formed in 2013 with the mission to develop new electronic products for the Sport and Health markets. The fact that these markets differ very much resulted in 2015 in the founding of two subsidiaries to Swedish Adrenaline, namely, Raytelligence and Innowearable. Swedish Adrenaline became by doing so a holding company. Innowearable is devoted to Sport Electronics and Raytelligence is focused on microwave sensors for the healthcare- and industrial markets. In 2015 Raytelligence received a grant from the Swedish Innovation Bureau - Vinnova to develop a radar sensor for vital sign monitoring. Raytelligence showed in 2016 the first version of the 60 GHz sensor for vital sign monitoring and also a cloud service was demonstrated. In 2017 the sensor RayVS1 was certified for home use. This year the first industrial client was signed for development and delivery of sensors to the road construction market as well as signing a partnership with a major Swedish IT-provider to the e-Health market. The Raytelligence team is a blend of people with competence ranging from industrial design to radar signal processing.

Business identity

Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2013-01-01, Year

Headquarters

Country code
SE
Continent
Europe

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
3
Total equity funding
$669,850
Last funding
Grant / $81,868 / 2019-01-01
Last equity funding
Seed / $335,679
Investors
2
Lead investors
1
Founders
1
Articles
25
Exited on
2018-12-20

Categories and groups

Founders and investors

Founders

Pelle Viberg

Lead investors

Sciety

Investors

EISMEASciety