Wenger Vieli advises LogicStar AI on its financing round

Wenger Vieli advised Swiss startup LogicStar AI, , through successful completion of its latest financing round.  British venture capital fund Northzone led the CHF 2.6 million capital round in question, with further support from angel investors.

The context

LogicStar AI is a Zurich-based startup providing self-healing, automated, software maintenance solutions for commercial applications. Their products’ main scope is reducing operational costs and minimising the risk of failures.

All proceeds from the finacing round will go into the development of LogicStar’s AI-driven software solution, encompassing an AI agent for fully autonomous software maintenance.

The team

Partner Michael Baier (pictured left) and senior associate Michèle Joho-Menotti (pictured right), both corporate and M&A, led the Wenger Vieli team representing LogicStar AI on the matter.