German investment group DEWB has raised €6.2m by issuing two million new shares at a subscription price of €3.10 per share. This has increased DEWB’s share capital from €13.2m to €15.2m. It will use the funds raised for new investments in optical technologies.
Dietmar Kubis of DEWB said: “We are pleased to have been able to attract the confidence of key investors. We have achieved two objectives with this capital increase: additional funds are now available to DEWB for portfolio investments in the area of optical technologies, a rapid growth area of technology with major potential for the investment business.”