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O-pen A/S raises EUR6m in financing round.

NORDIC BUSINESS REPORT-6 July 2005-O-pen A/S raises EUR6m in financing round(C)1994-2005 M2 COMMUNICATIONS LTD

The Swedish early stage venture capital firm InnovationsKapital said on Wednesday (6 July) that it had together with the Danish investors Vaekstfonden and Seed Capital Denmark participated in a EUR6m financing round for the Danish advanced display technologies developer O-pen A/S.

The proceeds from the financing round will be used to further build the development and commercial teams, bring the technology to volume production and expand the company's base of industrial customers and business partners, InnovationsKapital said.

One euro (EUR) is worth approximately 0.67 British pounds (GBP).

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Title Annotation:Seed Capital Denmark
Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EUSW
Date:Jul 6, 2005
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