Nordic Business Report-August 16, 2006-Colochrome Ltd secures financing
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The Swedish venture fund Creadum Advisor AB said on Wednesday (16 August) that the Finnish high-technology company Colochrome Ltd had announced the successful conclusion of a Series A financing round with Nordic venture capital funds Eqvitec Technology Fund III and Creandum.
The arrangement also includes debt financing from the OP Bank Group.
The new funding will reportedly be used to ramp up manufacturing capacity and to bring Colochrome's line of products to the growing market of protective windows.
No financial information was provided.
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