Adjuvant Capital establishes Zurich office
Zurich - Adjuvant Capital has established a European office in Zurich. The American investment firm is supporting new developments in the life sciences sector. Serial entrepreneur Philippe Dro will boost the new Zurich location.
RUAG Space kitting out weather satellites
Zurich - RUAG Space will equip a weather satellite prototype with its energy system. The prototype is being developed by the European Space Agency and OHB Sweden. It is designed to enable short-term weather forecasts in the arctic.
Exeon expanding with new funds
Zurich – Cybersecurity provider Exeon Analytics has secured 4 million Swiss francs from investors. Exeon wants to offer better protection against hacker attacks and data theft to IT infrastructures in the economic area of Europe through its security analytics based on artificial intelligence.
Acronis receives US$250 million
Schaffhausen – Acronis has received over US$250 million in a new funding round. The IT security solution provider is consequently valued at more than US$2.5 billion. The funds will be used for further growth and the development of its product portfolio.
Oncobit secures investment
Zurich - Oncobit has raised 2.3 million Swiss francs as part of a financing round. The MedTech start-up from the Greater Zurich Area develops products aimed at facilitating personalized treatment for cancer patients.
USI project for the prevention of credit card fraud
Lugano - The USI Data Science Lab has concluded a research project aimed at preventing fraudulent credit card transactions. Algorithms have been developed that are designed to help credit card companies minimize damage. By 2025, financial losses from this type of crime are expected to total up to 50 billion US dollars worldwide.
Support for Blockchain projects
Zug - The Swiss Blockchain Federation is looking for business concepts to support that can be realized with the help of Blockchain technology. As part of an accelerator program financed by Innosuisse, the organization works to bring innovative people together with companies and experts. Project ideas can be submitted until the end of July.
Unilever upgrading Swiss locations
Schaffhausen/Thayngen SH - The consumer goods corporation Unilever is giving its Swiss locations in Schaffhausen and Thayngen something of a facelift. The company building in Schaffhausen is to be converted into a facility for modern working practices. A Foods Competence Center is being built in Thayngen.
Spiden rakes in 18 million dollars
Pfäffikon SZ – The medical technology start-up Spiden has raised a total of 18 million US dollars as part of a financing round. Spiden founder Leo Grünstein intends to use the proceeds to establish a platform that measures the physiological impacts of nutrition, lifestyle and medication in real time.
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