Think Technology AS

Company Overview

Think Technology AS engages in the manufacture and sale of electric cars. The company was founded in 1973 and is based in Aurskog, Norway. Think Technology AS is a prior subsidiary of Kamkorp Microelectronics.

Bogstad Industrifelt

Aurskog, 1930

Norway

Founded in 1973

Phone:

47 63 85 45 00

Fax:

47 63 85 45 01

www.think.no
Key Executives
Jan-Olaf Willums
Chief Executive Officer and Managing Director
Compensation as of Fiscal Year 2007.
Key developments
Think Technology AS to Sell Sub-$25,000 Electric Car in U.S
04/22/2008

Think Technology AS plans to sell in the United States an electric car that goes 110 miles without a charge and costs less than $25,000.
Think Technology Launches Joint Venture with Kleiner Perkins and RockPort Capital
04/21/2008

Think Technology AS has reached across the Atlantic and established TH!NK North America in partnership with RockPort Capital Partners and Kleiner Perkins Caulfield & Byers. The new venture was announced at the 2008 FORTUNE Brainstorm Green Conference held in Pasadena, California, that brought chief executives from all over North America together to talk about the business opportunities of going green. TH!NK city is an environmental vehicle that is emission free and 95% recyclable. It reaches a top speed of 100 km (65 miles) per hour and can drive up to 180 km (110 miles) on a single charge. TH!NK city meets all European and U.S. federal motor vehicle safety requirements.
Think Global To Launch Series B Fund Raising
01/10/2007

Think Global AS has secured a $15 million funding commitment from existing investor InSpire Ventures. "We are very happy now that GM and others have announced that they believe in the electric car," said InSpire Ventures Chairman, and Think Global Chief Executive, Jan-Olaf Willums. For InSpire, which made its latest infusion in Think in late December, the $15 million capital commitment will precede a Series B financing that Think will launch in the coming weeks, according to Willums.
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Recent Private Companies Transactions
Type
Date Target
Private Placement
March 5, 2008 --