Jiangsu Eastern Shenghong arrives on the SIX Swiss Exchange
Zurich/Suzhou - The Chinese chemicals firm Jiangsu Eastern Shenghong has offered its GDRs on the SIX Swiss Exchange. In so doing, the company has raised around 718.3 million US dollars. The fresh capital is to be invested in expanding production capacities, among other aspects.
Coop Rechtsschutz turns to Artificial Intelligence
Zurich/Aarau - Coop Rechtsschutz AG is seeking to simplify and accelerate access to legal services through the use of Artificial Intelligence. To this end, the insurance group is joining forces with the AI Center of the Swiss Federal Institute of Technology in Zurich. The partners will aim to open up new fields of research together.
Comdat agrees takeover of Fantastic
Schlieren/Mägenwil - The Comdat Group has acquired the ICT and DMS specialist Fantastic Solutions. Through this merger, the company based in the Greater Zurich Area will also occupy a leading role in the area of document management systems (DMS).
Segway-Ninebot invests in Fixposition
Schlieren/Beijing/Bedford - Fixposition has a new investor: Segway-Ninebot. The specialist in smart, short-range transportation equipment and service robots will integrate Fixposition’s global positioning technology into its final products.
GreenTEG receives 10 million Swiss francs for thermal sensors
Rümlang - GreenTEG has closed a funding round with 10 million Swiss francs. It plans to use the capital to increase production of its heatflux sensors in the Greater Zurich Area tenfold in 2023 and expand globally with its various applications.
Researchers discover mechanism of cell division
Zurich/Villigen - Researchers from the Swiss Federal Institute of Technology in Zurich and the Paul Scherrer Institute in the canton of Aargau have discovered how the nucleus of a cell is correctly positioned for cell division. A smart molecular glue plays a key role, keeping the microtubule attached, via moving motor proteins, to an actin cable.
Trident Gruppe launches bed linen featuring HeiQ technology
Schlieren/Sanghera - The Trident Group from India is presenting a new range of bed linen featuring allergen protection in collaboration with HeiQ. The company has used the innovative HeiQ Allergen Tech textile technology developed by the startup based in the Greater Zurich Area.
NLS Pharmaceutics receives initial tranche of share sale to BVF
Zurich/San Francisco - NLS Pharmaceutics has sold shares to the biotech investor BVF Partners and secured gross proceeds of 10 million dollars in the process. A second, much larger tranche is anticipated to take place towards the end of 2024. As a result, NLS is now in a position to finance its business operations and research activities up to 2025.
Study confirms feasibility of environmentally friendly fertilizers
Zurich - Nitrogen fertilizers can be produced in a carbon-neutral manner under certain conditions and in certain locations. Given that this would benefit the climate, reduce natural gas imports and secure food supplies, a study has now examined which production methods would feasibly make sense.
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