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Nummo on a growth course with $1 billion in volume transactions

 

With 27,000 users, $350M assets under supervision, and $1BN in volume transactions, Zurich-based fintech company Nummo is making waves in the fast-growing market of personal finance management (PFM). The company serves both the US and Swiss markets and has recently won Visa as its new partner.

 

 

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Numab Therapeutics to receive additIonal CHF 260M from its Japanese partner

 

Numab Therapeutics and the Japanese based Ono Pharmaceutical have extended their relationship by executing another research and option agreement to discover and develop a multi-specific antibody drug candidate for the treatment of various cancers. Ono will again pay to Numab up to CHF 260 million in upfront and milestone payments.

 

 

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Goldmedaillen für SwissShrimps

 

Noch im Februar ging in Stuttgart die Olympiade der Köche über die Bühne. Gleich vier Goldmedaillen holten Teams, die mit Shrimps von SwissShrimp kochten. Zu haben sind die Shrimps derzeit im Online-Shop des Startups und im Lebensmittelhandel – neu auch in ausgewählten Läden der Migros Genossenschaft Ostschweiz.

 

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Forbes' AI30 DACH presents nine Swiss startups

 

In recent years, Artificial Intelligence has been predominant in several business areas. Forbes has identified 30 startups from Germany, Austria and Switzerland, which leverage the technology to bring breakthrough solutions. Nine startups stem from Switzerland. 

 

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Schub für die Digitalisierung

 

Für das Arbeiten auf Distanz braucht es digitale Tools. Schweizer Startups, die über entsprechende Angebote verfügen, haben derzeit alle Hände voll zu tun. Viele bieten ihre Lösungen zu speziellen Konditionen an.

 

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Silicon Valley entrepreneur new CEO of MICTIC

 

Mictic AG, maker of the first wearable device that enables a user to create music based on body movements, has named Mershad Javan as its new CEO. Javan is a musician and the founder and former CEO of the leading digital music distribution platform Octiive.

 

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Tried and tested technologies to fight Coronavirus

 

Startups provide their technologies tu support the fight against the COVID-19. Helio will make its virtual supercomputer free of charge for researchers working on computing-intensive applications. Insphero is offering its 3D Liver models to enable testing new medications safely. Sophia Genetics helps to increase the number of dignostic tests while Uepaa...

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Avaloq Ventures invests in Assetmax

 

Avaloq Ventures makes an initial investment and partners with Assetmax to offer a multi-custody solution for banks.

 

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Aktiia raises CHF 6 million to enter the market

 

Based on 15 years of research, Aktiia developed a cuffless blood pressure monitoring device using standard optical sensors. The device will soon hit the market, thanks to the CHF 6 million investment from international and Swiss investors.

 

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Venture Kick awards CHF 300’000 to Genknowme and Planted Foods

 

Despite the coronavirus crisis, Venture Kick will continue to support and finance Swiss startups as planned and invest CHF5 million this year. The two newest additions to the portfolio are Genknowme, a Lausanne based startup enabling epigenetic testing and Planted Foods offering plant-based "meat". Both have received CHF 150,000.

 

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