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si-Cluster member EMTech accepted at ESA BIC in Darmstadt

Athens, 13.01.2014: EMTech's new venture in Germany (EMTech UG) was accepted by the European Space Agency Business Incubation Center in Darmstadt. EMTech UG will initiate operations within the first quarter of 2014. The mission of the new business entity is to focus on simulations for electrical smart-grids.

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si-Cluster Member Constelex acquired by Gooch & Housego

29.11.2013: Constelex Technology Enablers Ltd, an Athens, Greece, based designer and manufacturer of advanced photonic systems announces its acquisition by Gooch & Housego PLC, the specialist manufacturer of optical components & systems. The acquisition of Constelex is aligned with G&H’s strategic objective of moving up the value chain by leveraging its leadership in components to develop a higher-added-value capability at the sub-systems and systems level.

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si-Cluster Member inAccess closed funding round

Athens, August 2013: Inaccess announces the successful closing of a 6.5 million $ (5.0 million EUR) round, led by Piraeus Taneo Capital Fund, which is managed by Piraeus Capital Management, member of the VC and Private Equity Group of Piraeus Bank. The capital infusion will be used for enhancing inaccess' international presence and strengthening its product portfolio.

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si-Cluster Member Irida Labs completed investment rounds

Patras, 26.08.2013: Irida Labs, a leading provider of technology and software for embedded vision applications, is pleased to announce that it recently completed two financing rounds for a total of $1.5M.  In August, a Series A funding, led by Alpha TANEO AKES Fund was completed.  Alpha/Taneo will be joining Irida's Board of Directors – bringing partnership and business expansion experience.  In June, individual investor Michael Tzannes made an angel investment in Irida Labs and has also joined the Board of Directors.  Michael has over 25 years of experience in the high tech industry and was Chief Technical Officer, Chief Executive Officer and Chairman of the Board of Directors at publicly traded Aware, Inc.

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