Israel-based digital camera technology startup Unispectral has closed a $7.5m series A round featuring industrial product maker Robert Bosch and electronics manufacturer Samsung, Globes has reported.
The corporates, which invested through respective subsidiaries Robert Bosch Venture Capital and Samsung Catalyst Fund, were joined by venture capital firm Jerusalem Venture Partners, which led the round, and Tel Aviv University Technology Innovation Momentum Fund.
Unispectral is developing digital cameras that use hyper-spectral sensors to analyse the characteristics of its subject, distinguishing solids, liquids and gases.
The company is minimising the technology, which is typically used in laboratories, so it can be utilised by consumers through smartphones. It could also be valuable in the wearables, internet of things, industrial, agriculture, digital health and medical imaging sectors.
The round increased Unispectral’s overall funding to $8m, according to Globes, and its earlier funding came from University of Tel Aviv’s Momentum Fund and Singaporean state-owned fund Temasek. Its technology stems from research conducted at Tel Aviv University.