New financing rounds for SENSeOR

Trust in promising development and technology

SENSeOR closed during the summer a year-long financing campaign which allowed to rise 1.4M€, summing up to a total of 2.1M€ raised since the company creation in February 2006.

In June 2007, VIZILLE CAPITAL INNOVATION - VCI, SUDINNOVA - SOCIETE FINANCIERE D’INNOVATION DU SUD-EST and PRIMAVERIS enter SENSeOR’s capital.

In June 2009, SUCCES EUROPE and Jan LOEBER enter SENSeOR’s capital, while historical investors (VIZILLE CAPITAL INNOVATION, SUDINNOVA and PRIMAVERIS) renew their trust participating at this new financing round. SENSeOR thus benefits from a capital increase of 812.000 €.

In February 2010, ITALIAN ANGELS FOR GROWTH – IAG (FIDUCIARIA ITALIA) enter SENSeOR’s capital. The Italian group invests 210.000 € to participate in SENSeOR’s development.

Finally, in June 2010, AVANCE EUROPE and E ILE DE FRANCE enter SENSeOR’s capital. This operation allows SENSeOR to rise 400.000€ more to speed up its industrialization program, develop the product portfolio and increase exportations.

For these financing rounds, SENSeOR was advised by Nicolas IVALDI - LEGIPOLIS.

Strong with this renewed trust; SENSeOR pursues developing temperature sensors to expand its available product portfolio (high temperatures, cryogenic sensors, calibration-free sensors). SENSeOR also invests heavily in pressure and stress sensors developments to answer the growing needs of customers from various industries: energy, transportation, aeronautics, appliances or healthcare.

Focused since its creation in 2006 on Research and Development and selling in France to strategic customers, SENSeOR now strengthen its sales worldwide, with two dedicated Sales Directors. SENSeOR’s German subsidiary was created in November 2009, and distribution agreements are signed with partners in Germany, Italy and the US.

VIZILLE CAPITAL INNOVATION - VCI is a technological development capital fund, Banque de Vizille’s subsidiary, which supports and finances carefully selected young innovative companies. www.banquedevizille.fr

SUDINNOVA - SOCIETE FINANCIERE D’INNOVATION DU SUD-EST is a development capital fund, also Banque de Vizille’s subsidiary, which co-invests with VCI in strongly innovative companies with world-wide activities. www.banquedevizille.fr

PRIMAVERIS is a general seed capital, which invests in technological innovative companies in French South-East (Provence-Alpes-Côte d’Azur). www.primaveris.fr

SUCCES EUROPE is a holding company located in Sophia-Antipolis (French Riviera), which gathers worldwide Business Angels and entrepreneurs, and invests in promising innovative companies. www.succes-europe.com

Jan LOEBER is an American businessman who formerly managed several important companies in Europe and USA.

ITALIAN ANGELS FOR GROWTH – IAG (FIDUCIARIA ITALIA), the largest Angel Group in Italy, gathers more than 60 investors, financing and promoting innovative companies at their early stages. www.italianangels.net

AVANCE EUROPE is a holding company located in Sophia-Antipolis (French Riviera), gathering worldwide businessmen who support high-potential high-tech projects.

E ILE DE FRANCE is an investment company gathering Business Angels, located near Aix en Provence (Provence, France) and advised by EVYSEM, which supports innovative companies. www.entrepreneurs-capital.com

About SENSeOR

Dedicated to delivering the promise of SAW (Surface Acoustic Wave)-based sensing, SENSeOR is a 19-people technology company located in Sophia-Antipolis (near Nice) and Besançon, FRANCE. SENSeOR recently created its German subsidiary.

Top competencies for all required domains, strong partnerships with world-class research institutes, an outstanding portfolio of technology bricks and IP and industrial production partners allow the high-tech firm to develop and design innovative solutions based on this revolutionary technology for optimal customer value.

SENSeOR’s growing product portfolio delivers high-ROI (Return on Investment) solutions for end-users, system integrators and OEMs, in the measurement of temperature, stress, and pressure.