DENMARK - KT Venture Group joins $6m investment in asetek
asetek has announced that US-based KT Venture Group, Northzone Ventures, Vaekstfonden and a group of existing investors have participated in the $6m funding round in the company.
The investment completes the round that had its first closing in December 2005. asetek is the leader in high performance and next generation mainstream personal computer and graphics chips cooling sporting international brands such as VapoChill® and WaterChill™. 'Our industry knowledge strongly indicate the need for a paradigm shift with regard to cooling of CPUs and graphics chips in mainstream markets, and asetek’s has the cost-effective solution to this need,' says Stefano Concina, general partner of KT Venture Group.
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