Elliptic Labs
Elliptic Labs develops AI Virtual Smart Sensors™ that detect people and their surroundings.
Elliptic Labs develops AI Virtual Smart Sensors™ that detect people and their surroundings.
Elliptic Labs is a Norwegian company established in 2006, specializing in AI Virtual Smart Sensors™ for various markets such as smartphones, laptops, IoT, and automotive. Its patented software leverages AI, ultrasound, and sensor-fusion to create Virtual Smart Sensors, offering 3D gesture, proximity, presence, breathing, and heartbeat detection experiences. The company's AI Virtual Smart Sensor Platform™ is scalable and sustainable, already integrated into hundreds of millions of devices worldwide. Being the only software company to achieve detection capabilities using AI software, ultrasound, and sensor-fusion at scale has propelled Elliptic Labs into a prominent position in the market. Listed on the Oslo Børs, the company operates globally, with its technology and IP being developed and owned solely in Norway. The most recent funding round saw a significant $5.00M Venture Round investment in November 2019, reflecting investors' confidence in the company's innovative technology and market potential.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $5.00M | - | 01 Nov 2019 | |
| Grant | €3.09M | 1 | EASME - EU Executive Agency for SMEs | 01 Jan 2019 |
| Grant | $8.50M | - | 05 Jan 2018 | |
| Venture Round | $5.50M | - | 05 May 2017 | |
| Angel Round | Unknown | 2 | Anne Worsoe, Laila Danielsen | 30 Jun 2014 |
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