AAAccell acquired by German capital market tech company
Fintech AAAccell has been fully acquired by the LPA Group in Germany. The spin-off of the University of Zurich develops risk and asset management software based on artificial intelligence and machine learning.
Zweifel Pomy-Chips wins business prize
The Swiss Venture Club (SVC) handed out its Prix SVC Zurich Economic Area award on Thursday. Zweifel-Pomy Chips AG was named this year’s winner. HeiQ Materials AG and Medipack AG came in second and third place.
Oviva secures growth capital
Oviva has raised 21 million dollars in a financing round. The startup from the Greater Zurich Area uses technology-supported nutrition advice to fight illnesses such as Type 2 diabetes.
BrickMark makes largest real estate transaction with tokens
The real estate blockchain company BrickMark from Crypto Valley is purchasing a building on Zurich Bahnhofstrasse for 130 million Swiss francs. The transaction is the largest ever made on the blockchain.
Hospitals test blockchain
Swiss hospitals have for the first time processed orders for medical products via a blockchain. The infrastructure was provided by the startup Xatena. Blockchain can make the supply chain of medical products traceable.
Switzerland named best country in the world
Switzerland has scooped first place worldwide in the latest Best Countries Report from U.S. News & World Report. The country rated highly for its openness to companies and entrepreneurs and the high quality of life.
Debt collection register extracts coming to blockchain
The start-up BlockFactory is launching an alternative to traditional debt collection register extracts. A CreditTrust certificate will allow people to prove their creditworthiness in real-time via blockchain technology without the risk of falsification.
Machine keeps donor livers alive for seven days
Researchers in Zurich have developed a machine that can keep livers alive outside of the human body for one week. Doctors would therefore have the time to treat defective donor livers before eventually transplanting them.
iGroove expanding towards Germany and the USA
iGroove is planning to expand. The music service has enlisted the services of German rapper Kool Savas to boost the recruitment of new acts in German-speaking countries. For its US expansion plans, the company is being aided by an investor from Graubünden, who now works out of Silicon Valley. Moreover, an innovative remuneration model is set to trigger disruption in the music business.
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