News

4FO Ventures leads Positrigo’s CHF 3.9m series A round

 

Positrigo has raised more than CHF 6 million in blended financing, which includes a CHF 3.9 million series A round led by 4FO Ventures. The funds will be used to support the development of the start-up’s next-generation head Positron Emission Tomography system for the brain.

 

 

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European funds for Swiss start-ups

 

Three Swiss start-ups are among the beneficiaries of two EIT programs designed to support activities geared towards addressing the current pandemic and enabling continuity. SwissdeCode won in EIT Food program while Volumina Medical and Hemotune in  EIT Health.

 

 

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The first film about the Swiss deep tech startup scene

 

Outsider know little about the daily business, the troubles, sorrows and challenges of the young founders on their quest to build innovative business models that reach global success. The world of deep tech startups is the central theme of the documentary miniseries “Start-up” by director Manuel Stagars. It premieres on July 16 2020 at 4 PM.

 

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HOPR secures $1 million in a seed round

 

HOPR is a Web3 data privacy-protecting pioneer founded by two co-founders of fintech start-up Sonect. Following the launch in May, HOPR has closed an investment round of $1 million led by Binance Labs, which participated as a strategic investor. The funds will be used for further technology development and expanding the team.

 

 

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IDUN Technologies wins an additional investor

 

Just a month after the closing of its seed round with Sony, IDUN Technologies specialised in sensors for wearable devices, has received additional investment from Joyance Partners. The startup will benefit from the latter’s expertise for the development of new products.

 

 

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Parquery: A smart parking system in 32 countries

 

Finding a free parking spot in urban areas can be tedious, especially when there is no oversight of a parking area. Parquery is offering a smart parking system that uses existing cameras and image recognition software to detect the occupancy of parking spaces. Customers in 32 countries and investors believe in the solution.

 

 

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Boston based company acquires Swiss software provider

 

The Boston-based company, Appfire has today announced the acquisition of the Zurich based Beecom Products, whose co-founder Fabian Hediger will lead Appfire’s growth initiatives as General Manager. Beecom is a top-selling Atlassian Platinum Marketplace Partner and provider of software tools software developers. Its solutions are used by more than 18,000...

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European Commission empowered Swisspod boosted by new funding

 

Swisspod has attracted Romanian investment fund “Something Big”. The undisclosed six figure investment will further support its R&D and marketing efforts to achieve its vision. The Swiss Hyperloop Startup based in Monthey recently joined European Commission’s joint initiative to accelerate the safe development of Hyperloop systems throughout Europe.

 

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Boehringer Ingelheim to Develop Antibody Therapeutics with Numab

 

Together the companies will develop multi-specific antibody therapeutics for cancer and retinal diseases. Numab will receive upfront and milestone payments, as well as tiered royalties on net sales of all products resulting from the alliance.

 

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Sherpany on a steep growth course

 

Sherpany, a Zurich based meeting management software company has raised growth capital from Cadence Growth Capital and existing investors. With a strong customer base comprised of over 350 customers including large and well-known companies, growing revenues and fresh capital, the company is ready for expansion across Europe.

 

 

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