Keit builds MicroFTS, a rugged FTIR spectrometer that directly measures molecular bonds to determine the identity and concentration of fluid components. The device has no moving parts, enabling operation in tough environments such as manufacturing facilities. Target industries named include chemical, pharmaceutical and food & drink, where the product supports process optimization and waste minimization. The company is led by CEO Dan Wood and is based in Harwell, UK. The recent financing will be used to complete certification of Keit’s first product and to provide working capital for a worldwide launch. No operating metrics were disclosed in the article.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2016