TimeTemp attracts new funding
TimeTemp has attracted NOK 36 million in new funding from Strømstangen Invest, Torbertra Kapital and Investinor.
Investinor invests NOK 18 million in the company and will own 23 percent of TimeTemp following the transaction.
TimeTemp has developed and patented an indicator, Keep-it, for temperature sensitive products like food, pharmaceutical products and chemicals. The indicator provides more accurate information about the product's shelf life than today's date stamping.
Read more
| Fund | Investinor |
| Portfolio Company | TimeTemp |
| Date of Transaction | 2010-08-13 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of Transaction | NOK 18.0m |
| Ind. Focus | Cleantech |
| Geography | Norway |
| Stage | Venture |