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DTE logo — Real-time composition analysis of molten metals

DTE

Real-time composition analysis of molten metals

Founded 2013 Iceland Iceland 202 employees Secondary Market Total: $71.44M Analytics, Automation +3

General Information

Company Name DTE
Founded Year 2013
Location Iceland Iceland
Founders / Decision Makers
Team member Team member
Employees 202
Industries Analytics, Automation, Industrial +2
Funding Stage Secondary Market
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About DTE

DTE, headquartered in Reykjavik, Iceland, stands as a pioneering force in real-time intelligence for the metals industry with their advanced Liquid-Phase Laser-Induced Breakdown Spectroscopy (LP-LIBS™) technology. Their mission, encapsulated in the slogan “Real-time composition analysis of molten metals,” reflects their innovative approach to elemental analysis which significantly enhances safety and accuracy while meeting the industry's efficiency demands.

Founded in 2013, DTE has positioned itself as a leader in analytics, automation, and industrial sensor technology, driving the metals industry towards Industry 4.0. Their cloud-based platform is instrumental in transforming traditional practices by replacing manual sampling with real-time data, leading to optimized production and predictive process control.

With a keen focus on sustainability, DTE is committed to advancing cleaner, resource-efficient metal production practices. The company's recent funding was a Secondary Market investment on 16 October 2023, backed by the Nordic Secondary Fund, underscoring confidence in their capacity to lead a digitally transformed, resilient metals industry.

Business keywords: Real-time Intelligence, Molten Metal Analysis, LP-LIBS Technology, Elemental Analysis, In-process Data, Industry 4.0, Predictive Process Control, Sustainable Metal Production, Digital Transformation, Robotic Automation, Cloud-based Platform, Process Control Analytics, Metal Production Efficiency, Resource-efficient Practices, Data-driven Processes

Services & Products

Real-time composition analysis
Elemental analysis of molten metals
Process control solutions for metal industry
Implementation across metal processing chain

Target Customers

Primary Smelters Recycling Plants Metal Manufacturers End-User Manufacturers

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market Undisclosed 1
Nordic Secondary Fund
16 Oct 2023
Series A €16.00M 6
Chrysalix, Brunnur Ventures +4
19 Jun 2023
Venture Round $7.00M 1
European Innovation Council
23 Mar 2022
Grant €2.44M 1
European Innovation Council
23 Mar 2022
Series A $5.50M 2
Chrysalix, Brunnur Ventures
04 Sep 2020
Grant €1.40M 1
H2020-SME-Instrument program
01 Jul 2018
Grant $450.00K 1
Technology Development Fund
01 Oct 2017
Grant €50.00K 1
Horizon 2020
24 Jan 2017
Seed Round $1.10M 1
Brunnur Ventures
06 May 2016
Grant ISK12.50M 1
Technology Development Fund
01 Mar 2016

View All 12 Funding Rounds

DTE Alternatives & Competitors

View All Alternatives
DTE vs
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FAQ About DTE

Real-time composition analysis of molten metals
DTE was founded in 2013.
DTE is headquartered in Iceland.
DTE operates in Analytics, Automation, Industrial, Autonomous and Sensor Tech and Machine Learning. Its work centres on Real-time Intelligence, Molten Metal Analysis, LP-LIBS Technology and Elemental Analysis. Its customers include Primary Smelters, Recycling Plants and Metal Manufacturers.
DTE has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
DTE has approximately 202 employees.
DTE has completed 12 funding rounds, raising a total of $71.44M. The latest funding stage is Secondary Market.
DTE offers: Real-time composition analysis, Elemental analysis of molten metals, Process control solutions for metal industry, Implementation across metal processing chain.
Top alternatives and competitors to DTE include Arch Systems, Braincube, Celonis, Relimetrics, Inc., IntelliSense.io. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
DTE and Arch Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for DTE, https://bouncewatch.com/company/dte, updated 13 November 2025. When citing, please name BounceWatch and link this page.

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