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Pyreos Secures £2.5M in Funding; Names Directors

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Investors have appointed two nonexecutive directors to the board of IR sensor firm Pyreos Ltd. after completing a £2.5 million (about $3.85 million) funding round. Tony Lear represents Scottish Investment Bank, and Philipp Rose represents Robert Bosch Venture Capital. Lear served as Pyreos' chairman and independent director between 2010 and 2012. His career in the electronics industry has included periods at Philips Semiconductors, Seagate Technology and Texas Instruments, and he sits on the board of Fairchild Semiconductor in the U.S. From left to right, CEO Andrew...Read full article

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