Xemtec
Non-invasive, retrofit communication devices and software packages converting utility meters into Smart Meters
Non-invasive, retrofit communication devices and software packages converting utility meters into Smart Meters
Xemtec AG is a startup company that was founded in 2001. The company recently received a Series B investment on July 12, 2018 from NIVALIS Group. Xemtec AG operates in the industrial technology industry. As a venture capital analyst, this investment indicates that the company may be experiencing growth and expansion, which could make it an attractive prospect for further investment. The ability to secure a Series B investment from a reputable group like NIVALIS is a strong indication of investor confidence in Xemtec AG's potential for success. This level of investment at this stage of the company's development suggests that Xemtec AG has demonstrated promise and potential for further advancement in their industry. Overall, Xemtec AG's recent investment and positioning within the industrial technology sector make it a company worth monitoring for future investment opportunities.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | Unknown | 1 |
|
12 Jul 2018 |
| Series A | Unknown | 1 |
|
27 Nov 2013 |
No recent news or press coverage available for Xemtec.
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