NORWAY/SWITZERLAND - Consortium invests EUR 10m in ReVolt Technology
NorthZone Ventures, SINTEF, SOFINNOVA Partners, TVM Capital, Verdane Capital, Viking Venture and new corporate venture investor RWE Innogy have raised EUR 10m for a B-round investment in ReVolt Technology.
The investors also supported the company with EUR 5.5m in 2007, bringing the total amount raised in the B-round to EUR 15.5m. Since its inception, ReVolt Technology has received EUR 24m in funding.
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