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Innotech Solar ASA
Rombaksveien 47
P.O.Box 183
NO-8503 Narvik
Norway
Phone:
+47 76 92 26 00
ITS secures seed funding from NorthZone
ITS today announces that NorthZone Venture has invested in the seed round. Tellef Thorleifsson, General Partner and Co-Founder of NorthZone has taken on the responsibility of Chairman of the Board. Torleif Ahlsand will also join the ITS team.
"We were aiming for the best Venture Capital company, and we got who we wanted." says Håvard Lillebo, CEO at ITS. "The conditions
now are very good for taking ITS global with this team"
"ITS is an interesting clean tech company. The solar energy sector is growing fast. ITS was in a very early phase when we invested, but the idea, the potential to develop interesting technologies, and not at least the strong team convinced us that this was right", says Thorleifsson.
1st September 2008
