« French Social Shopping News | Main | Peratech Acquires Eleksen Assets »
January 11, 2008
Sensor Tech Attracting European VC
Sensor technology has been attracting venture capital in Europe with several deals in recent weeks. We reported the Movea deal earlier this week and the €25M Series B for SensorDynamics in Austria. But there have been a few others.
Back in November, Nordic Venture Partners invested a hefty €12M in Exensor, a Swedish military system vendor specialized in perimeter security systems. Its products use the kind of sensor technology that Scottish startup Pyreos develops.
Edinburgh-based Pyreos has raised $3.8M from Braveheart plc, along with Siemens Technology Accelerator and the Scottish Venture Fund, according to an EE Times article this week.
(Image source: Exensor.se)
Exensor sells systems that include a wireless mesh networking communications package linking its sensor units (that include infra red, acoustic and three other sensors) to a database that detects and counts passing vehicles, humans (and whether or not they are gun-toting), and even animals. It has been winning sales deals in Germany and Finland.
(Image source: Pyreos.com)
Founded in July 2007, Pyreos is commercializing infrared sensor tech that came out of Siemens. Its CEO is Jeff Wright was co-founder of MicroEmissive Displays, which he helped lead from start-up to flotation on the London Stock Exchange, according to the startup's website.
The Pyreos sensor tech is good for motion detection, flame detection, and people counting, it says. The startup claims small size and lower cost, compared to existing IR sensors.
Posted on January 11, 2008 08:16 AM | Posted to Security | Semiconductors | Wireless | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/6662
