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Thursday - 2021/10/21
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Banking & Finance

myDropz has closed a series seed financing round of approximately CHF 2.5 million additional funding. The round was led by Oyster Bay Venture Capital. The existing investors, such as Zurich-based Backbone Ventures, also participated in the round. Launched in early 2021,

Authena, a Zug-based startup which provides a blockchain-based technology to fight product counterfeiting and the lack of transparency in supply chains, has completed a seed financing of over CHF 2.3 million from angel investors from Switzerland and the United Kingdom. The firm also received

Viseca, a provider of products and services in the area of cashless payment, from the issue of payment cards to the development of innovative finance management solutions,  has secured a com­pre­hens­ive refin­an­cing pack­age in a total amount of CHF 900 million.    [caption id="attachment_48893" align="alignleft" width="168"] Viseca General Counsel Michael

Homburger acted as counsel to Credit Suisse (Switzerland) regarding the tokenization of Alaïa’s existing (registered) shares and the custody of the tokenized shares. Alaïa is one of the fastest growing action sports destinations in Europe. The tokenisation was effected under Swiss

Invision, a private equity firm focused on succession solutions for mid-sized companies in the DACH region, is acquiring Reichelt Elektronik, an e-commerce business for electronic components distributed to B2B and B2C customers, together with its management from listed Dätwyler Holding.   Details of the transaction are

Switzerland based Open Mineral has raised $33 million led by Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, to accelerate growth of its global digital trade platform for base metal commodities. Existing investors Xploration Capital and Emerald Technology Ventures were joined by new investors Statkraft Ventures

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