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DTE

DTE
2013 FOUNDED
PRIVATE STATUS
41-50 EMPLOYEES
Seed LATEST DEAL TYPE
$1.09M LATEST DEAL AMOUNT
5 INVESTORS
Description

Developer of equipment designed to offer safe and reliable equipment that meets the customer's demand. The company's equipment are useful in aluminium industry for process and quality control, enabling clients to avail high tech equipment at a reasonable rate.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Machinery (B2B)
Other Industries
Industrial Supplies and Parts
Electrical Equipment
Primary Office
  • Árleyni 8
  • Reykjavik, 112
  • Iceland

+354 617 0000
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DTE Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Seed Round 06-May-2016 $1.09M 00.000 Completed Generating Revenue
2. Accelerator/Incubator 10-Mar-2014 00000 00000 Completed Generating Revenue
1. Grant $288K Completed Generating Revenue
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DTE Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Brunnur Ventures Venture Capital Minority 000 0000 000000 0
Startup Energy Reykjavik Accelerator/Incubator Minority 000 0000 000000 0
Horizon 2020 Government 000 0000 000000 0
Innovation Center Iceland Government 000 0000 000000 0
The Icelandic Centre for Research Government 000 0000 000000 0

DTE Executive Team (2)

Name Title Board
Seat
Contact
Info
Sveinn Guðmundsson Chief Executive Officer & Co-Founder
Karl Matthíasson Chief Operating Officer & Co-Founder

DTE Board Members (1)

Name Representing Role Since Contact
Info
Arni Blöndal Brunnur Ventures Board Member 000 0000