Pyreos develops and markets unique pyroelectric, mid-to-far infrared sensors and detectors. The highly innovative thin-film pyroelectric technology is based on standard MEMS processes, that ensure high sensitivity, smallest footprint and low costs. Applications range from gas and flame detection and measurement to the analysis of foods, oils and fuels.
Approach of Siemens Technology Accelerator (STA)
STA looked for the ideal environment to foster this unique technology originally developed by Siemens Technology and ultimately settled in the Scottish Microelectronics Centre in Edinburgh, Scotland. It recruited a team of seasoned entrepreneurs and utilized the local business angel networks together with local public co-investment funding.
- Sector: Sensor components and spectrometers
- Timeline: Start-up foundation in 2007, exit in 2018
- Investors: Seraphim Capital, The Summit Group, Braveheart Investment Group, Scottish Venture Fund, Siemens Technology Accelerator, Mitsubishi UFJ and Robert Bosch Venture Capital
- Project Highlight: In 2013 Pyreos exhibited at CeBit Hannover and British Prime Minister David Cameron visited their exhibition stand together with German Chancellor Angela Merkel.