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May 6, 2016

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DT Equipment secures USDM 1,1 in funding

The industrial technology company DT Equipment has secured its seed funding round of 135 million ISK (USDM 1,1) from Brunnur Ventures. The company participated in Startup Energy Reykjavik 2014.

DTE is a developer of specialized industrial equipment, mainly focusing on the aluminum smelter industry. The company develops amongst others an element analyzer (hardware and software) for realtime chemical analysis of aluminum in industry. DTE’s products optimize production processes and therefore reduces cost of production.

DTE_Logo_on_white

On behalf of the Startup Energy Reykjavik team, I congratulate the founders with this milestone.

 

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One thought on “DT Equipment secures USDM 1,1 in funding”

  1. Pingback: Industrial equipment maker DTE raises $1.1 from Brunnur | Norðurskautið

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