OTI Greentech Raises About $4.4M From Green Gateway Fund

Posted on: February 21, 2013 by Mark BosletNo Comments »

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.