Seren Photonics
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|
Revenues | <1m | <1m | <1m | - |
% growth | - | (66 %) | (94 %) | - |
EBITDA | (2.1m) | (<1m) | (<1m) | (<1m) |
% EBITDA margin | (1839 %) | (1308 %) | (30487 %) | - |
Profit | (1.9m) | (<1m) | (<1m) | (<1m) |
% profit margin | (1700 %) | (780 %) | (33091 %) | - |
R&D budget | - | <1m | <1m | - |
R&D % of revenue | - | 393 % | 12056 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
£475k | Seed | ||
N/A | £1.8m | Early VC | |
N/A | £1.9m | Early VC | |
N/A | £1.0m | Early VC | |
N/A | £1.0m | Early VC | |
Total Funding | €7.4m |
Recent News about Seren Photonics
EditSerenphotonics operates in the UK construction and manufacturing sectors, providing innovative solutions to enhance safety and efficiency. The company serves a diverse range of clients, including large construction firms and manufacturing businesses. Serenphotonics focuses on the development and manufacturing of advanced equipment and protective gear, such as safety harnesses, gloves, and protective eyewear, which are crucial for working at heights and in hazardous environments. The business model revolves around the sale of these specialized products, as well as offering consulting services to improve workplace safety standards. Revenue is generated through direct sales to companies and subcontractors, as well as through long-term contracts with larger firms. The market for Serenphotonics is driven by the increasing need for safety in construction and manufacturing, as well as advancements in technology that make these industries more efficient and secure.
Keywords: construction, manufacturing, safety equipment, protective gear, UK market, advanced technology, workplace safety, consulting services, efficiency, innovation.