TIMIA exits dPoint Technologies with company's sale to Zehnder
TIMIA Capital Corp, previously known as GreenAngel Energy Corp, has sold its equity position in dPoint Technologies Inc, a Canadian developer of membranes and heat and humidity exchangers for energy recovery in buildings. TIMIA will realize proceeds of about $1.03 million with the recent acquisition of dPoint by Switzerland's Zehnder Group AG. Based in Vancouver, TIMIA is a provider of financing to Canadian technology companies in exchange for a royalty on revenue.
1 December 2015•3 mins read
