Otechos Technology Group

Norway
Tvedestrand, Agder, Norway, 4900

Company profile

Otechos Technology Group company profile

OTECHOS is a young company (est. 2012) with roots back in industrial engineering and commercialization of new products within the energy – oil & gas industry, machinery and mechanical branches. We follow our innovative and environmentally friendly products from the early stage of idea to their specific markets. The company draws benefits from long experience and from being a small and flexible environment for creativity and knowhow. The founders behind OTECHOS have several technology establishments in their records. All from early stage in year 2000 until today, they founded five technology companies. All have been into mechanical technology / products and machinery. From their first success, the CFT (Coiled Foil Technology) heat exchanger in Pleat AS (www.pleat.no) to the last and most known company, Quickflange AS with its unique cold weld technology for pipe flanges (www.quickflange.com), all which have created a global footprint in the piping industry. Quickflange has received several technology prizes, for instance “Deloitte Technology Fast 500”, “NHO’s Innovation price 2010 (Confederation of Norwegian Enterprises) for innovative technology and business development” and finalist in the “DnB Innovation prize”. From the very first cooperation between the two founders, there always been focus on new technology with a global potential and with IP rights (patented technology). OTECHOS is such a company. The company has now several investors, where the two founders are the major shareholders. The investors, directors of the board and the management are all professionals and have long and wide experience in international business and industry. This will ensure that the rap

Business identity

Contact email
[email protected]
Phone number
+47 901 69 070
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0+
Founded
2012-01-01, Year

Headquarters

Postal code
4900
Country code
NO
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
3
Total equity funding
$1.7M
Last funding
Grant / $2.5M / 2020-05-19
Last equity funding
Series Unknown
Investors
2
Lead investors
1
Founders
1

Founders and investors

Founders

Tor Arne Hauge

Lead investors

European Innovation Council

Investors

EISMEAEuropean Innovation Council