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DTE raises $6M in extended investment round for real-time intelligence from liquid metals

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: DTE

DTE announced it has successfully extended its current investment round by $6 million with participation from Eyrir Vöxtur, alongside existing backers, the European Innovation Council (EIC) Fund.

DTE serves the global metals production and manufacturing industries with real-time and predictive process control intelligence to maximise value, sustainability, safety, and efficiency throughout the value chain.

Read more at Tech EU

🗜️🏭 DTE Secures $10M Funding Anchored by Industry Leader Novelis and the EIC Fund

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: DTE, Novelis

DTE (www.dte.ai), a leading innovator in decision support for the metals production and manufacturing industry, is pleased to announce the successful completion of a $10 million Series A2 round to further accelerate DTE’s innovation and expand its reach. The raise includes a distinguished group of investors, with participation by aluminum industry leader Novelis, venture capital firm Metaplanet and the European Innovation Council (EIC) Fund, along with existing investors Chrysalix Venture Capital and Brunnur Ventures.

DTE’s first-in-industry, in-line elemental analysis technology complements and replaces current slow, expensive, and manual methods for process and quality control. Our proprietary LP-LIBS™ sensor technology is uniquely able to deliver reference-grade elemental analysis directly from high-temperature liquid metals in less than 60 seconds from sampling. This breakthrough capability provides enhanced process control and decision support, empowering manufacturers and metals producers with unprecedented insights. From the plant floor to corporate management, our mission is to unlock our customers’ potential to deliver greener, safer, and more efficient products.

Read more at Business Wire