Posted on: February 21, 2013 by Mark Boslet
OTI Greentech Group AG said it raised about $4.4 million in a deal led by Wermuth Asset Management’s Green Gateway Fund, also known as the Europe Tatarstan Cleantech Fund. The funding is the first tranche in a commitment that will grow to about $7.7 million. The second tranche is expected later in 2013.
Tags: Green Gateway Fund, OTI Greentech Group, Wermuth Asset Management
Posted on: February 15, 2013 by Mark Boslet
The Green Gateway Fund, also known as the Europe-Tatarstan Cleantech Fund and which is managed by Wermuth Asset Management, made its first investment by taking a minority stake in The Mobility House. The company is focused on home charging systems market for electric cars. No terms were disclosed.
Tags: Europe-Tatarstan Cleantech Fund, Green Gateway Fund, The Mobility House, Wermuth Asset Management