What ChromoGenics does

ChromoGenics AB is a Swedish proptech company that designs and manufactures electrochromic (light-modulating) glass and film products for the commercial real estate and infrastructure sectors. Founded in 2003 as a spin-off from 20 years of research at Uppsala University's Ångström Laboratory, the company is headquartered in Uppsala and has been listed on Nasdaq First North Growth Market (ticker: CHRO) since 2017. Its core technology deposits electrochromic coatings onto a thin plastic film that is then laminated between glass layers, enabling dynamic control of solar heat and daylight transmission.

The product portfolio spans dynamic glass (ConverLight Dynamic), static variants (ConverLight Static, 65, 75, EcoPlus), building-integrated photovoltaics (ConverLight Energy), and a patent-pending interlayer film (ConverLight Interlayer). A proprietary second-generation wireless control system is certified for integration with Samsung SmartThings, positioning the offering within mainstream smart-building ecosystems. The company operates an in-house sputtering factory in Uppsala commissioned in 2021 with a stated capacity of over 500,000 square meters per year, following a roughly SEK 80 million capital investment.

The business model centers on project-based B2B sales to real estate developers, property owners, contractors, and public-sector clients across Northern Europe and the Middle East. Go-to-market combines direct sales with regional glass-laminator partners (Future Glass in UAE, Thomsa Glass in Benelux, SECM in France, Finnglass in Finland) that apply ChromoGenics' film locally rather than shipping finished glass, which reduces logistics cost and breakage risk. Named anchor customers include Swedish property firms Vasakronan, Fabege, Humlegården, Avantor, Ticon, and Vacse, as well as contractors such as Skanska and government clients such as Boverket. Pricing is project-based with disclosed order values typically in the SEK 1.4–6 million range per installation.

Name

ChromoGenics

Legal name

ChromoGenics AB

Website

https://chromogenics.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

ChromoGenics AB is a Swedish proptech company that manufactures electrochromic light-modulating glass and film for commercial real estate, developers, and public-sector buildings, distributing via regional glass-laminator partners across Europe and the Middle East.

Ownership category

akta.pro rank

Product category

Electrochromic Smart Glass

NAICS

Glass Product Manufacturing Made of Purchased Glass (327215)

SIC

Glass Products, Made Of Purchased Glass (3231)

akta.pro primary industry

Low‑E, Solar Control & Energy-Efficient Coated Glass (IMADAHAF)

Keywords

• Electrochromic glass
• Smart dynamic glass
• Solar control glazing
• Energy-efficient facades
• Building-integrated photovoltaics

Headquarters

HQ city

Uppsala

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Dynamic Glass Products: Sale of electrochromic dynamic glass products (ConverLight Dynamic) for buildings and facades. Products are sold directly to real estate companies, construction companies, and through channel partners. Revenue recognized upon delivery of glass products.
2. Static Glass Products: Sale of ConverLight Static and facade glass solutions including Energy products.
3. Technology Licensing and Certification: Licensing of electrochromic technology to partners such as Future Glass for local manufacturing and lamination of ConverLight foil into finished glass solutions.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

ChromoGenics develops and manufactures electrochromic smart glass under the ConverLight brand for building facades. The company's core offering consists of ConverLight Dynamic glass (with patented electrochromic coating sputtered onto plastic film and laminated between glass layers, controlled via an autonomous wireless APP system) and ConverLight Static solar control glass, complemented by ConverLight Energy (BIPV facade glass) and the patent-pending ConverLight Interlayer foil. Products are produced at the Uppsala sputter factory and sold to real estate companies, construction firms, and through glass industry channel partners.

Product overview

ChromoGenics is a proptech company offering a portfolio of smart glass products under the ConverLight brand for buildings and facades. The core offering consists of ConverLight Dynamic (electrochromic dynamic glass with wireless/autonomous control) and ConverLight Static (static solar control glass), complemented by ConverLight Energy (BIPV facade glass), ConverLight Interlayer (patent-pending foil product), and EcoPlus variant (PET-film interlayer for improved performance and reduced weight). The products share a common technology base: electrochromic coatings sputtered onto plastic film, laminated between glass layers, produced at the company's Uppsala sputter factory with an annual capacity of over 500,000 square meters.

Differentiator

Problem solved

Functional benefit

Brands

• ConverLight Dynamic: Smart dynamic electrochromic glass for solar control in buildings, providing adjustable heat and light transmission without blocking the view.
• ConverLight Static
• ConverLight Energy
• ConverLight Interlayer

Products and services

• ConverLight Dynamic Electrochromic dynamic glass that regulates solar heat and light transmission through electrochromic foil laminated between glass layers, controlled via an autonomous wireless control system with APP monitoring and solar panel power supply. Targeted at commercial buildings, real estate developers, and construction projects.
• ConverLight Static Static solar control glass providing fixed sun protection for buildings without dynamic tinting capability. Targeted at building owners seeking lower-cost solar control for facades.
• ConverLight Energy Building-integrated photovoltaic (BIPV) facade glass solution combining solar cell facades with unlimited design options to generate energy on-site.
• ConverLight Interlayer An innovative electrochromic foil product introduced to expand the product portfolio; patent application filed for the interlayer solution.
• ConverLight 65 A specific dynamic glass product variant (CL 65) providing electrochromic solar control with 65-series performance specifications.
• ConverLight 75 A specific dynamic glass product variant (CL 75) providing electrochromic solar control with 75-series performance specifications.
• ConverLight Paragon ECO Static solar control glass product offering in the ConverLight portfolio, providing fixed sun protection.
• Second-Generation Autonomous Control System Wireless control and monitoring system with APP for dynamic glass control; power supplied via small solar panel; uses small modular circuit boards with flexible radio modules for wireless communication; certified for Samsung SmartThings IoT platform.

Quantifiable outcome

• Up to 30-40% energy savings
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered key, core and regional.

• Thomsa GlasskeyChannel Partner/ Reseller/ Distributor · 9 May 2023Partnership for representation of unique architectural, dynamic and energy-saving glass products in Benelux market. First order received from Netherlands for ConverLight Dynamic glass delivery in June. Thomsa Glass focuses on sales and distribution of high-quality smart glass products and solutions.
• Future Architectural Glass LLC (Future Glass)keyChannel Partner/ Reseller/ Distributor · 3 May 2023Letter of Intent signed for manufacturing, marketing and distribution of ConverLight Dynamic in UAE and Middle East. Future Glass is a quality supplier and installer of advanced architectural glass with 500+ projects globally. Will laminate ConverLight Dynamic foil into finished glass solutions in their factory.
• SamsungcoreTechnology or Integration · 2 March 2020Cooperation with Samsung to certify the autonomous control system for connection to Samsung SmartThings. Enables customers to handle sun protection installation with ordinary smartphones and tablets over Samsung's IoT platform. Second-generation autonomous wireless control system developed based on experiences from first autonomous solution.
• Ticon Eiendom ASkeyChannel Partner/ Reseller/ DistributorNorwegian property company partnership for +plusfasad project. Customer for Gullhaug Torg 5 project where ChromoGenics delivered complete glass solution.
• SkanskakeyImplementation/ SI/ Consulting PartnerConstruction company for Boverket's new headquarters in Karlskrona. Using ConverLight dynamic glass as key component for sustainable office property targeting NollC02, Well Platinum, BREEAM SE EXCELLENT certifications.
• VacsekeyChannel Partner/ Reseller/ DistributorProperty company commissioning Boverket's new headquarters in Karlskrona. Project sets new standard for future sustainable office properties.
• SECMregionalChannel Partner/ Reseller/ DistributorPartnership for distribution of ConverLight products in France.
• Hero-GroupregionalChannel Partner/ Reseller/ DistributorPartnership for distribution of ConverLight products.
• FinnglassregionalChannel Partner/ Reseller/ DistributorPartnership for distribution of ConverLight products in Finland.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• View, Inc. US-listed (VIEW) manufacturer of electrochromic smart dynamic glass for commercial buildings; directly competes with ChromoGenics' ConverLight Dynamic in the same electrochromic glazing category, targeting real estate developers for solar control and energy savings.
• SageGlass (Saint-Gobain): Saint-Gobain subsidiary and pioneer in electrochromic dynamic glass for buildings; directly competes with ConverLight Dynamic on product, customer (commercial real estate/architects), and building-certification value proposition (LEED, BREEAM).
• Halio (Kinestral Technologies): Electrochromic smart-tinting glass company targeting residential and commercial building facades; directly comparable to ChromoGenics' ConverLight Dynamic on core technology, dynamic solar control, and target customer base of property developers and glaziers.

Emerging players

• Gentex Corporation: US-listed manufacturer of dimmable automotive mirrors and emerging dimmable architectural glass; comparable technology base (electrochromic) with overlap into building applications, though primary focus is automotive.
• Research Frontiers: Licensor of SPD-Smart light-control film technology used in smart glass; comparable to ChromoGenics as a smart-glass technology platform targeting architectural and transportation applications, though via a different switching technology.

Broad incumbents

• Saint-Gobain: Global building materials giant and parent of SageGlass; competes broadly in architectural flat glass, low-E coatings, and dynamic glazing, with much larger R&D, manufacturing, and global distribution than ChromoGenics.
• AGC (Asahi Glass Company): Japanese global glass manufacturer producing flat glass, low-E coatings, and specialty architectural glass; competes with ChromoGenics in facade glass and is developing dynamic/electrochromic offerings.
• NSG Group (Pilkington): Global flat and architectural glass manufacturer with Pilkington branded products including low-E and solar-control glazing; competes broadly with ChromoGenics in building envelope glass, with deeper distribution across Europe.
• Guardian Glass: Major global manufacturer of architectural and low-E glass for commercial and residential facades; competes with ChromoGenics on energy-efficient building glass, though without dynamic electrochromic capability as a core offering.

Regional players

• Smartglass International: Ireland-based supplier of switchable smart glass using PDLC and other technologies; an adjacent competitor in dynamic/switchable architectural glass serving European projects comparable to ChromoGenics' ConverLight.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ChromoGenics