Seraphim Capital et al. invest £1.35m in Pyreos

Pyreos, which spun out of Siemens in 2007 is a supplier of infrared sensor components. The company is developing a proprietary technology to significantly reduce the size and cost of infrared sensors. Pyreos has already signed several long term customer supply agreements, working with clients in Europe, America and Asia.

The funding will enable the business to increase its sales resources, in order to meet increased interest in its product.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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