Fundz

Dte Raises $6M In Extended Investment Round For Real-Time Intelligence From Liquid Metals

PRIVATEDec 22, 2023

Amount Raised

$6 Million

Round Type

Venture

ReykjavikManufacturingAnalytics

Investors

European Innovation Council FundBrunnur VenturesChrysalix Venture CapitalEIC FundMetaplanetNovelisEyrir Vöxtur

Description

This week, process and quality control company DTE announced it has successfully extended its current investment round by $6 million with participation from Eyrir Vöxtur, alongside existing backers, the European Innovation Council (EIC) Fund.

Quick answer

DTE raised $6 Million in a funding round, dated December 22, 2023. Investors: European Innovation Council Fund, Brunnur Ventures, Chrysalix Venture Capital, EIC Fund, Metaplanet, Novelis and Eyrir Vöxtur. DTE is based in Reykjavik, Capital Region, Iceland.

How much did DTE raise?
DTE raised $6 Million in a funding round on December 22, 2023.
Who invested in DTE?
European Innovation Council Fund, Brunnur Ventures, Chrysalix Venture Capital, EIC Fund, Metaplanet, Novelis and Eyrir Vöxtur are named as investors in this round.
What does DTE do?
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..
Where is DTE based and how big is it?
DTE is based in Reykjavik, Capital Region, Iceland.
Who are the decision-makers at DTE?
Fundz holds 1 contact at DTE. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Manufacturing around the same time

Companies in the same sectors as DTE that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $86M on December 11, 2023.
  • Euphree, Inc. raised $2.5M (Seed) on February 5, 2024.
  • Papa Pawsome raised $400K (Seed) on February 5, 2024.
  • EtherealX raised an undisclosed amount (Funding Round) on February 5, 2024.
  • ViralMoment raised $2.5M (Seed) on February 5, 2024.
  • Procyrion raised $58M (Series E) on February 5, 2024.

Who to call at DTE, and when

A new round usually means DTE is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

DTE

Location

Reykjavik, Capital Region, Iceland

About

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. DTE's vision is to transform the metals industry, contributing to the 1.5-degree challenge while driving its digital transformation towards Industry 4.0 with the next generation of elemental analysis technology and metals intelligence.

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DTE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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