Tech Company Financing Transactions
DTE Funding Round
European Innovation Council Fund and Eyrir Vöxtur participated in a $6 million Series A funding round for DTE. The financing round was announced on 12/22/2023.
Transaction Overview
Company Name
Announced On
12/22/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
European Innovation Council Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Árleyni 8
Reykjavik, 112
IS
Reykjavik, 112
IS
Phone
Website
Email Address
Overview
DTE, a global company, based in Reykjavik, Iceland, is the leading innovator in the field of real-time intelligence from liquid metals by combining connected, real-time, chemical composition analysis from molten metals -based on DTE's unique technology Liquid-Phase, Laser-Induced Breakdown Spectroscopy (LP-LIBS�)- with an artificial intelligence-based cloud platform, the engine of DTE's metals production ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karl Matthíasson
Chief Operating Officer
Asdis Sigtryggsdottir
Chief Scientific Officer
Kristjan Leosson
Co-Founder
Sveinn Guðmundsson
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