AUSTRIA - SensorDynamics closes EUR 25m series-B round

SensorDynamics has closed a EUR 25m series-B funding round. The new capital was provided by a consortium of investors that included existing investors Global Equity Partners with HTA III Venture Beteiligungs-Invest AG, Siemens Venture Capital and DEWB. Three new investors also participated - PONTIS Venture Partners with PVP I fund, FIDURA Private Equity Funds and IPO Austria with its Steirische Technologie- und Wachstumsfonds. SensorDynamics is headquartered in Graz and focuses on micro and wireless sensor products for automotive and industry applications.