Swedish mobile sensor firm Acconeer AB has closed 60 million Swedish crowns (SEK) investment round ($7.2 mln) for the completion of its 3D sensor. Commercial launch is planned for early 2017.

“We now have enough funds to start the process of commercializing our ultra-low power and millimeter precision sensor. We have a very solid interest from customers and will also start shipping evaluation boards to customers for their evaluation,” Lars Lindell, CEO of Acconeer, said in a statement.

The new investors in the Lund-based company include industry veterans such as Jörgen Lantto, former CEO of Fingerprint Cards and Bert Nordberg, former CEO and Chairman of Sony Mobile, and many leading positions within Ericsson.

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Acconeer is developing an ultra-low power, high precision 3D sensor which could revolutionize the way that mobile devices interpret their surroundings. The 
sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. 

Acconeer was founded in 2011 by the technology entrepreneurs Dr. Mikael Egard and Dr. Mats Ärlelid, together with Marten Öbrink, Professor Lars-Erik Wernersson and Lund University.