GCRPV injects €1.1m in GMTK
Gestión de Capital Riesgo del País Vasco (GCRPV), the venture arm of the Basque Country government, has injected €1.125m into Basque company GMTK.
The cash injection is aimed at promoting the firm's expansion and consolidation.
GMTK previously received a €1.5m investment from venture investor Seed Gipuzkoa in 2008.
Company
Located in Gipuzkoa, GMTK designs and manufactures vertical and inclined bed multi-tasking machines for the energy and aeronautical sectors. It was established in 1974 and employs a staff of 15.
People
Jorge Aranzabe is the finance director of GCRPV.
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