Compact Power Motors raises €5m to fund rapid expansion
Munich, Germany, 27 May 2010.
Compact Power Motors GmbH (CPM) – manufacturer of the world’s most compact electric power drives – is pleased to announce today that it has completed a €5m financing round to support its rapid growth plans. The funding was led by Environmental Technologies Fund (ETF) and included existing investors Munich Venture Partners and KfW Bankengruppe.
Further information on CPM is available on the website www.cpmotors.eu or from:
zellnerundzellner
marketing & beratung
Glonnerstraße 10
85667 Oberpframmern
Tel:. 08093-9458
friedrich.zellner@me.com