Acreo Spinoff, Invisense, recieve new funding for revolutionary measuring tool

19 November, 2014 - 01:25

House building

Invisense, a spin-off from Acreo Swedish ICT and Printed Electronics Arena (PEA), has in strong competition received a SEK 500 000 grant for further development of a revolutionary printed technology for moisture measurements in the construction and property industry. 

The passive humidity sensor can measure the existence of moisture behind the most common building materials such as plasterboard, fibreboard, waterproof panels and concrete. It can remain embedded in walls, ceilings and floors with wireless access without causing damage to the building. In addition, it can be supplied in bulk allowing for large numbers of sensors to be installed in each property. Product development is currently taking place at PEA-Manufacturing in Norrköping. 

- Receiving these funds supports the conclusions we have drawn from our market validation. There is an obvious industry demand and this technology goes some way to solving a huge problem in today’s society, says Anders Friberg, one of the entrepreneurs working to bring products and the services to the market.

Invisense is, today, a wholly owned subsidiary of Acreo Swedish ICT. The company is part of the Business Incubator Lead - recently named Sweden's best by Almi. New entrepreneurs represented by Anders Friberg have joined Invisense to take the moisture sensor to the market.

- We regard this project as a great opportunity to build a Swedish operation, based on Swedish research that can expand into many international markets. If we can through this project contribute to a profitable business with employment opportunities, and at the same time benefit the public through healthier school and pre school environments, we will be very proud, continues Anders Friberg.

The project, now receiving the Vinnova grant within the program Research & Growth (Forska & Väx) is based on research from Linköping University. Previously the university in collaboration with the construction company Peab, developed a concept for a humidity sensor based on Printed Electronics. The basic principle of the product has now been developed and the needs of the market studied.

The feasibility study will run from November 2014 through to June 2015.

 

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Vinnova pressrelease