TeraView is the world’s first company devoted to the application of Terahertz light for imaging and spectroscopy. TeraView’s proprietary platform uses the Terahertz spectrum between light and radio waves and offers the advantage of being non-invasive and non-destructive. A key application of the technology is the detection of faults and quality variations in semiconductor integrated circuits. In addition, studies have demonstrated how Terahertz uniquely and non invasively provides 3 dimensional structural and chemical information in a diverse range of applications, including weapons/explosives hidden below clothing, the contents of tablets and capsules in the pharmaceutical industry, and other objects normally invisible to conventional detection techniques. Other markets for the technology exist in medical imaging of cancer and industrial inspection which are explored via commercial partners. Headquartered in Cambridge, UK, TeraView was spun-out of the Toshiba Cambridge Research Laboratory in April 2001. Sales and support are available throughout Europe, North America and the Far East either directly or through a network of distributors.
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Type
Private
HQ
Cambridge, GB
Founded
2001
Size (employees)
33 (est)+4%
TeraView was founded in 2001 and is headquartered in Cambridge, GB
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Key People/Management at TeraView

Padraig OKelly

Padraig OKelly

COO
Michael Pepper

Michael Pepper

Chief Scientific Director
Don Arnone

Don Arnone

CEO

TeraView Office Locations

TeraView has an office in Cambridge
Cambridge, GB (HQ)
Platinum Building St John's Innovation Park Cowley Road Cambridge
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TeraView Financials and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$15.5 m

Latest funding size

$10 m

Time since last funding

3 years ago

Investors

TeraView's latest funding round in October 2015 was reported to be $10 m. In total, TeraView has raised $15.5 m
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TeraView Financials

TeraView's revenue was reported to be £2.48 m in FY, 2016 which is a 142.4% increase from the previous period.
GBP

Revenue (FY, 2016)

2.5 m

Revenue growth (FY, 2015 - FY, 2016), %

142.4%

Gross profit (FY, 2016)

1.1 m

Gross profit margin (FY, 2016), %

45.8%

Net income (FY, 2016)

(2.5 m)

EBITDA (FY, 2016)

(3 m)

EBIT (FY, 2016)

(3 m)

Cash (30-Apr-2017)

1.1 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.3 m2 m1.7 m2.2 m3 m1.8 m2.2 m2.7 m1 m2.5 m

Revenue growth, %

(62%)142%

Cost of goods sold

442 k772 k615 k957 k1.3 m807 k1.2 m1.2 m534 k1.3 m

Gross profit

849 k1.3 m1.1 m1.2 m1.6 m1 m1 m1.4 m487 k1.1 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.1 m2 m185 k167 k82 k1.2 m209 k230 k154 k1.7 m1.1 m

Accounts Receivable

268 k737 k512 k628 k533 k368 k216 k397 k140 k170 k2.5 m

Inventories

502 k933 k829 k541 k577 k559 k270 k145 k278 k838 k1.3 m

Current Assets

2.3 m4.1 m1.9 m1.6 m1.5 m2.4 m1.1 m991 k1.4 m3.9 m5.5 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(3.2 m)(4.3 m)(4.8 m)(5.5 m)(5.5 m)(2.3 m)(2.1 m)(644 k)(1.6 m)(2.5 m)

Income Taxes Paid

640 k509 k
GBPY, 2017

Financial Leverage

1.9 x
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TeraView Online and Social Media Presence

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