- Business
- Smart Eye AB (publ) develops and provides Human Insight AI technology solutions that understand, support, and predict human behavior in complex environments, including automotive driver monitoring systems and interior sensing; behavioral research instruments such as Smart Eye Pro, AI-X, XO, and Aurora eye trackers; fleet and aftermarket driver support systems via AIS; media analytics platforms with Affectiva Emotion AI for video content testing, qualitative emotion analysis, and software development kits; and iMotions biosensor software integrating eye tracking, facial expression analysis, EEG, EMG, ECG, and galvanic skin response for academic and commercial research in psychology, neuroscience, aviation, aerospace, media, marketing, and UX. The company operates globally with offices in Sweden, the US, UK, Germany, Denmark, Egypt, Singapore, China, and Japan, serving customers including NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Geely, Polestar, Harvard University, over 1,300 research organizations, 70% of the world's largest advertisers, and 28% of Fortune Global 500 companies. Founded in 1999 and headquartered in Gothenburg, Sweden, Smart Eye went public on Nasdaq First North in 2016 and acquired Affectiva and iMotions in 2021 to bolster its multimodal AI capabilities. Recent developments include an expanded SEK 150 million credit facility in October 2024; a licensing agreement in January 2025 with Fingerprint Cards AB for iris recognition technology, valued at up to SEK 50 million plus VAT, featuring an initial SEK 23 million fee payable in shares; two new Interior Sensing design wins in February 2025 with a Korean OEM, estimated at SEK 100 million over the product lifecycle; ongoing cost-saving restructurings targeting SEK 10 million quarterly reductions; and a change in Certified Adviser to Berg Securities in December 2024, amid pursuits of positive EBITDA in 2025.