BGA Invest becomes major shareholder in Acconeer, in a SEK 19.5M.

BGA Invest becomes major shareholder in Acconeer that has developed a low-power high-precision 3D sensor. The technology enables quick and accurate distance measurements of objects and environments.

"Acconeers technology will revolutionize the way mobile devices perceive their environment," says Bengt Adolfsson on BGA Invest, which now owns 20% of Acconeer. At the same time also a Korean company in the mobile industry a partner in Acconeer.

Acconers 3D sensor technologies based on high-frequency radio signals that allow accurate measurement of distance. There are many advantages over competing solutions such as infrared and ultrasonic sensor technologies. The sensor is safe, energy efficient and easy to integrate into new products, creating cost.

The sensor developed by technology entrepreneurs Mikael Egard and Mats Ärlelid together with Professor Lars-Erik Wernersson, who was their supervisor in doctoral studies at Lund University. Along with LU Innovation Systems founded the Acconeer 2011.

The global market for 3D sensors is expected to grow by 23 percent per year and sales of $ 3.4 billion in 2020. Acconeers sensor is expected to be an important component of smartphones in the future. Today it is sold annually about one billion smartphones.

"But the technology is suitable for a very wide range. Smartphones are just one of many. It's an interesting challenge to identify which one to be Acconeers first application area, "continues Bengt Adolfsson.

For BGA Invest is the first investment made in the Ideon companies since the company moved into Ideon in Lund, Sweden, two years ago.