Round co-led by Value Creation Capital and The Nest Group

Delft, 24th of September 2025 – Spectral Industries, a Delft-based deep-tech company developing advanced optical sensor systems for real-time chemical analysis, has raised €2.5 million in funding. The round was co-led by Value Creation Capital (VCC) and The Nest Group, supporting Spectral’s transition from a project-based company to a scalable product company.

Spectral Industries specializes in Laser-Induced Breakdown Spectroscopy (LIBS), a breakthrough technology enabling real-time, contactless chemical analysis of raw materials. Inspired by developments at TNO Space & Optics for space missions, the technology is now being deployed in industries such as mining, recycling, and production, where demand for efficiency and sustainability is rapidly growing.

The company’s product line includes the BeltPulse, which performs continuous elemental analysis directly on conveyor belts, the LabPulse for fast laboratory-based testing, and the soon-to-launch CorePulse, designed for drill core scanning in mining. By offering standardized, easy-to-deploy products, Spectral provides substantial benefits: higher yields, lower operational costs, reduced emissions, and optimized use of energy and resources.

“We are thrilled with the confidence VCC and The Nest Group have in our vision and growth ambitions. This funding supports our shift to a product-driven business and responds to customer demands. Spectral aims to become a leading player in the field of industrial smart sensors and this funding allows us to take a major step in that direction.” said Ad Maas, CEO of Spectral Industries.

“Due to the changed geopolitical landscape, mining has become critical and is expected to grow significantly. Smart mining with the technology of Spectral Industries will ensure both efficiency of operations and contribute to sustainability. With the investment, Spectral Industries will be able to scale with the current product portfolio and strengthen their position on 4 continents.” said Ronald Wissink, Managing Partner.

The investment will be used to expand the team, pre-finance production, strengthen international partnerships, and further develop the company’s IP portfolio. The funding also enables Spectral Industries to obtain industry certifications and accelerate commercial rollout to global customers, including leading players in mining, recycling and steel production.

Spectral’s technology is already attracting interest from major industry names such as Anglo American, Sandvik, Tata Steel and Covalent Lithium, all seeking solutions that increase competitiveness, improve sustainability, and ensure compliance with stricter environmental regulations.

About Spectral Industries
Spectral Industries is a technology scaleup based in Delft, the Netherlands, founded in 2015. The company develops compact and highly robust sensors based on LIBS technology, enabling real-time chemical analysis even in the most challenging environments. Its product line includes the BeltPulse, LabPulse and CorePulse, serving applications across mining, recycling, production, and environmental monitoring.
More information can be found at: www.spectral-i.com

About Value Creation Capital
Value Creation Capital (VCC) is a Netherlands-based venture capitalist, focused on Deep Tech startups and scaleups. The firm invests in ambitious teams solving real-world problems with complex technology including a.o. dual usage. VCC distinguishes itself by combining ‘intellectual capital’, sector-experience and expertise, a broad network and active value creation to bring companies ‘to the next level’.

About The Nest Group
The Nest Family Office is an international investor supporting growth-stage companies across technology, industry, and sustainability sectors.