Stas, who previously held the same role at Algonomics, a Belgium-based biotech service provider before its sale to Lonza Group, succeeds Marc Zabeau, who remains on the board of directors.
Trinean, a Belgium-based instrumentation company spun out of the local University of Ghent and IMEC, has hired Philippe Stas as chief executive after raising €2.7m ($3.5m).
Stas, who previously held the same role at Algonomics, a Belgium-based biotech service provider before its sale to Lonza Group, succeeds Marc Zabeau, who remains on the board of directors.
Trinean raised €2.7m in a first closing led by its current investors: venture capital firms Vesalius Biocapital; Baekeland II Fund, an €11.1m fund backed by Ghent University Association, Fortis Private Equity Belgium, KBC Private Equity, Ethias, Volksvermogen and the ARKimedes Fund; and Capital-E and Fidimec, which have relationships with IMEC, the largest independent research centre in micro- and nanoelectronics in Europe.
