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Otovo Closes $7.25 Million Financing Round to Accelerate Global Growth
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Otovo Closes $7.25 Million Financing Round to Accelerate Global Growth
OSLO, Norway--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO) today announced the closing of a $7.25 million private placement financing round in Norway, the latest milestone in the Company's rapid international expansion, bringing the total raised to approximately $34 million in nine months. The proceeds will fund Otovo's anticipated acquisition of Green Panel Solar Energy Systems Ltd. (“Green Panel”), Israel’s dominant behind-the-meter …
·Crystal River, United States
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