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.
Website
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 |
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 |