When was poLight founded?

poLight was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Where is poLight located?

poLight is headquartered in Horten, Norway. It is registered at Innlaget 5, 3185, SKOPPUM.

How many employees does poLight have?

As of Aug 31, 2026, the latest employee count at poLight is 54.

Is poLight a funded company?

poLight is a funded company, having raised a total of $58.2M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 10, 2008.

When was the latest funding round of poLight?

poLight's latest funding was a $***** Series C round on Aug 16, 2016, with participation from 3 investors.

What is the annual revenue of poLight?

Annual revenue of poLight is less than $1M as on Dec 31, 2019

Where does poLight rank among its competitors?

poLight ranks 1st amongst 20 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was MEMS Drive, which secured an undisclosed amount in Apr, 2024.

Who are the top competitors of poLight?

poLight's top competitors include sensiBel, Axsun Technologies and OQmented. Among them, MEMS Drive secured the most recent funding round in April, 2024.

poLight - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of focus actuators for optical lenses. When current is passed through the piezo material placed on the glass membrane, it deforms the polymer kept between the glass membrane and support glass, thus allowing light rays to focus accordingly. Technology is claimed to be consuming less energy, takes less time to focus and has high optical stability among other advantages. It enables the production of wafer scale (MEMS) active optical components based on deformable polymers.

Website: www.polight.com/
Registered Address: Innlaget 5, 3185, SKOPPUM

Key Metrics

Founded Year

2005

Location

Horten, Norway

Stage

Series C

Total Funding

$58.2M in 5 rounds

Latest Funding Round

Series C, Aug 16, 2016, $*****

Investors

TD Veen & 5 more

Ranked

1^st among 20 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2019

Employee Count

54 as on Aug 31, 2026

Similar Companies

sensiBel & 21 more

View poLight's full profile

poLight is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Polight Asa CIN: 988862703 , Norway, Active	Oct 19, 2005	-	20 (As on Dec 31, 2022)
Polight Asa CIN: 988862703 , United States, Active	Oct 19, 2005	$0 - $1M (As on Dec 31, 2019)	22 (As on Dec 31, 2020)	-

poLight has raised a total funding of $58.2M over 5 rounds. Its first funding round was on Jan 10, 2008. Its latest funding round was a Series C round on Aug 16, 2016 for $*****. 3 investors participated in its latest round. poLight has 6 institutional investors.

Here is the list of recent funding rounds of poLight:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 16, 2016	5704009	Series C	7058904	3554583	8019268	8640725
Feb 03, 2015	2049644	Series C	3764951	8172196	7870609	TD Veen & 5 more
Jul 06, 2011	4709701	Series B	2116896	7120100	3695208	Investinor & 3 more

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View details of poLight's funding rounds and investors

Here are the details of poLight's key team members:

Oyvind Isaksen: CEO of poLight. They serve on the board of 1 company.

poLight's Board of Directors

poLight's board has 5 active members. Eivind Bergsmyr and Oyvind Isaksen are part of team and Grethe Viksaas, Juha Alakarhu and Svenn-Tore Larsen are independent board members.

Here is the list of poLight's board of directors:

Name	Type	Representing	Status	Duration
mjnacyy	Team	-	Current	8y 9m
Eivind Bergsmyr	Investor	Viking Venture	Current	17y 0m
Grethe Viksaas	Independent board member	-	Current	8y 3m
ryvzhqi	Independent board member	-	Current	5y 4m
gqfwjzq	Independent board member	-	Current	8y 4m

View details of poLight's Founder profiles and Board Members

poLight's employee count trend

poLight has 54 employees as of Aug 26. Here is poLight's employee count trend over the years:

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Top competitors of poLight include sensiBel, Axsun Technologies and OQmented. Here is the list of Top 10 competitors of poLight, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	poLight 2005, Horten (Norway), Series C	Developer of focus actuators for optical lenses	$58.2M	TD Veen, Industrifonden & 4 others	59/100
2nd	sensiBel 2016, Oslo (Norway), Series A	Manufacturer of noise cancellation-enabled MEMS microphone	$23.6M	TRUMPF, Sennheiser & 8 others	56/100
3rd	Axsun Technologies 1998, Billerica (United States), Acquired	Develops and manufactures MEMS-based optical engines	$111M	Oppenheimer, Goldman Sachs & 11 others	45/100
4th	OQmented 2018, Itzehoe (Germany), Series A	Developer of MEMS-based laser beam scanning projection displays and 3D sensing	$29.3M	IT-Farm Corporation, VSquared Ventures & 10 others	42/100
5th	MEMS Drive 2015, Shenzhen (China), Series B	Fabless MEMS developer	$11M	Walden International	33/100
6th	OMM 1997, San Diego (United States), Series C	Provider of domain name services	$115M	Weston Presidio, Atlas Venture & 6 others	32/100
7th	Preciseley 2005, Edmonton (Canada), Acquired	Provider of MEMS-based optical chips	-	BDC, Hankook Tire & 1 others	31/100
8th	Iris AO 2002, United States, Funding Raised	Manufacturer of MEMS-based deformable mirrors for adaptive optics	-	National Science Foundation, HHS	30/100
9th	Miradia 2003, Sunnyvale (United States), Acquired	MEMS micro mirror array for the Projection Display market	$15M	Worldview Technology Partners, Icon Ventures ... & 4 others	30/100
10th	Microscale 2006, Woburn (United States), Deadpooled	Deformable mirrors with integrated ASICs and specialty silicon products	-	National Science Foundation, HHS	28/100