Miortech completes funding round

Miortech, a developer of auto-dimming rear-view car mirrors, has successfully closed a Series B funding round with its existing partners BOM and Technostars, and new investor Point One Innovation Fund.

The Rabobank Eindhoven-Veldhoven is providing Miortech with credit facilities totalling €2.3m (£1.5m), guaranteed by the Dutch government under its Borgstelling Krediet (security credit) programme.