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FocalSpec - About the company

FocalSpec is an acqui-hired company based in Oulu (Finland), founded in 2009 by Sauli Tormala. It operates as a Line Confocal Imaging (LCI) technology based quality inspection solutions. FocalSpec has raised $3.76M in funding from Veritas and Nordic Option. The company has 16 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Bq, ARTMYN and Cadre Research Labs.

Company Details

FocalSpec is a spin-off from VTT Technical Research Institute, Finland. It has developed and patented Line Confocal Imaging (LCI) technology which can be used for 3D surface profiling and layer characterization, dimension and thickness measurements, gloss measurements and quality inspection. The company claims that Line Confocal Imaging provides unique precision and resolution for speedy online measurements. Products offered include line confocal sensor(LCI401, LCI1200, LCI1201 & LCI1600) and optical inspection system(FocalSpec 3D Line Confocal Scanner UULA ,MP900 & MP9000).
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Key Metrics
Founded Year
2009
Location
Oulu, Finland
Stage
Acqui-Hired
Total Funding
$3.76M in 2 rounds
Investors
Ranked
Employee Count
13 as on May 31, 2026
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FocalSpec's funding and investors

FocalSpec has raised a total funding of $3.76M over 2 rounds. Its first funding round was on Mar 19, 2017. Its latest funding round was a Grant (prize money) round on Sep 30, 2021 for $*****. 1 investor participated in its latest round. FocalSpec has 5 institutional investors.

Here is the list of recent funding rounds of FocalSpec:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 30, 2021
3930927
Grant (prize money)
3888530
9656835
8370690
7699352
Mar 19, 2017
5419086
Series A
6370862
8617081
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FocalSpec's founders and board of directors

Founder? Claim Profile
The founders of FocalSpec is Sauli Tormala.
Here are the details of FocalSpec's key team members:

FocalSpec's employee count trend

FocalSpec has 13 employees as of May 26. Here is FocalSpec's employee count trend over the years:
Employee count trend for FocalSpec
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FocalSpec's Competitors and alternates

Top competitors of FocalSpec include Bq, ARTMYN and Cadre Research Labs. Here is the list of Top 10 competitors of FocalSpec, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bq
Bq
2009, Las Rozas (Spain), Acquired
Designer and Manufacturer of Multimedia Devices
-
55/100
2nd
Logo for ARTMYN
ARTMYN
2015, Saint Sulpice (Switzerland), Acquired
SaaS-driven visual artwork digitization solution
$4.02M
40/100
3rd
Logo for FocalSpec
FocalSpec
2009, Oulu (Finland), Acqui-Hired
Line Confocal Imaging (LCI) technology based quality inspection solutions
$3.76M
31/100
4th
Logo for Cadre Research Labs
Cadre Research Labs
2010, Chicago (United States), Funding Raised
Provider of 3D scanning and analysis system for Firearm Forensics
-
31/100
5th
Logo for Matter and Form
Matter and Form
2013, Toronto (Canada), Seed
Provider of multi-purpose desktop 3D scanners
$2M
29/100
6th
Logo for M3 portable
M3 portable
2013, Spain, Unfunded
Manufacturer of desktop 3D scanners
-
-
28/100
7th
Logo for Polyrix
Polyrix
2005, Saint Augustin (Canada), Unfunded
Developer of 3D scanning solutions for the part inspection for aerospace and automotive industry
-
-
28/100
8th
Logo for Xyken
Xyken
2010, Mclean (United States), Funding Raised
Provider of 2D/3D imaging solution
-
 
26/100
9th
Logo for D3D-s
D3D-s
2017, Vyshneve (Ukraine), Unfunded
Provider of desktop 3D scanners
-
-
24/100
10th
Logo for MIPA
MIPA
1997, Imperia (Italy), Unfunded
Developer of 3D scanning device
-
-
24/100
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FocalSpec's Investments and acquisitions

FocalSpec has made no investments or acquisitions yet.

Reports related to FocalSpec

Here is the latest report on FocalSpec's sector:

News related to FocalSpec

•
FocalSpec Joins LMI Technologies GroupPR Newswire•Nov 01, 2019•FocalSpec, TKH Group, LMI Technologies
•
•
FocalSpec Announces the Introduction of UULAMedical Device News•Jan 16, 2018•FocalSpec
•
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