IRLYNX, the CMOS-based infrared sensors company, has completed a €2M Series A round of financing. This investment will help IRLYNX accelerate and broaden product development, start the industrialization phase as well as expand its sales and marketing efforts. IRLYNX’s first product is an innovative sensor able to detect human activity, like true human presence and absence, counting, localization, movement analysis. With this €2M series A funding, IRLYNX will be able deliver to its customers its first development kits and new generation sensors at the end of this year.
Sébastien FABRE, IRLYNX CEO, says: “IRLYNX’s offering is well-timed with the increasing demand for solutions that can increase the level of information at an affordable price. This fundraising will accelerate our strategic plan, especially our time-to-market. We welcome DEMETER, PHITRUST and the others investors. For 18 months, we have been developing our savoir-faire and are recognized as experts in infrared sensors. Additionally supported by BPI France, we believe the company will continue to develop powerful infrared sensing solutions to fulfil new market requirements."