COMPANY PROFILE

Redlen

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Leading manufacturer of high resolution cadmium zinc telluride (czt) semiconductor radiation detectors which are

Central Saanich, CanadaFounded 1999Semiconductors

Valuation $250–500M Last recorded · 2021

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Redlen

Redlen Technologies specializes in high-resolution radiation-based imaging products that enhance safety and health across various sectors. The company leverages its proprietary precision radiation detection and imaging technology, built on an in-house Cadmium Zinc Telluride (CZT) semiconductor sensor manufacturing capability. Redlen's vertically integrated imaging modules are designed for medical imaging, security screening, and non-destructive testing, offering higher resolution and lower radiation doses. The business operates in the medical, security, and industrial markets, serving clients who require advanced imaging solutions. Redlen's business model focuses on the development and sale of its cutting-edge imaging technology, generating revenue through product sales and potentially licensing its technology. The company is based in Saanichton, BC, Canada, and prides itself on its team of industry-leading researchers, engineers, and designers.

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At a glance

Status: Acquired
Founded: 1999
Headquarters: Central Saanich, Canada
Employees: 189
Open positions: None listed
Dealroom signal: 48.5/100
Industry: Semiconductors
Sector: Semiconductors, Hard Tech, DT and LS, science-based
Technology: Artificial Intelligence, Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Sep 2021	$270M	$270M	Canon	↗
SERIES BEquity / VC	Jul 2019	$0	—	Undisclosed	—

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Growth signals

Redlen website traffic

Latest recorded traffic for Redlen is 0 monthly website visits. Redlen's team grew 58.8% over the past year.

Latest monthly visits0 1-year team growth+58.8%

Monthly website visitsApr 2016–May 2020

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