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Pyreos

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Pyreos Secures $4M for Expansion Pyreos Ltd. of Edinburgh, Scotland, is planning an international expansion now that it has secured $4 million through a funding round. The investment was led by Robert Bosch Venture Capital GmbH, UK-based venture capital fund Seraphim Capital, Siemens Technology Accelerator and the Scottish Investment Bank, the investment arm of Scottish Enterprise. Pyreos, a technology spinoff of Siemens, makes thin-film pyroelectric IR sensor technology. Its gesture and proximity sensors are making strong inroads into the global smartphone and tablet markets because they use...Read full article

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    Published: December 2013
    Glossary
    siemens
    The electric conductance of a conductor in which a current of 1 ampere is produced by an electric potential difference of 1 volt.
    BusinessClaus SchmidtConsumerconsumer electronicsEuro NewsEuropefunding roundgesture sensorindustrialinfrared sensorinvestmentMaterials & ChemicalsNewsproximity sensorPyreospyroelectricScotlandSensors & DetectorsSiemensventure capitalImaging & Sensing

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