News

CareerFairy secures CHF 1.7 million seed capital

ETH spinoff CareerFairy AG has completed its seed investment round led by the venture arm of Swiss Post together with Zurich-based VC BackBone Ventures and other prominent business angels. The funds will help accelerate the digitalisation of corporate events at universities and open up even more markets internationally.

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Vifor Pharma to acquire Inositec

Vifor Pharma has announced the acquisition of Inositec AG, a Swiss start-up, developing first-in-class non-dialysis treatments for soft tissue and vascular calcification disorders. Inositec purchase price includes an upfront payment of CHF 20 million and success based clinical earn-out payments.

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Travel Expenses Startup worth $100 million in Fund Raiser

Yokoy Group AG has raised about $26 million in a funding round led by Left Lane Capital, with participation from Balderton Capital, the Zurich-based firm said in an emailed statement.
The funds will be used to expand in Europe and the U.S., Chief Executive Officer Philippe Sahli said.

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Yokoy Co-Founder and CMO Shares Ambitions, Expansion Plans

Swiss spend management specialist Yokoy is on an expansion spree. After launching in Austria and Germany less than a year ago, the startup is already planning to conquer new markets, Yokoy co-founder and CMO Melanie Gabriel told Fintech News Switzerland in an interview.

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HackZurich and Digital Festival impressed the European technology and digital scene

The 8th HackZurich competition was held at Technopark Zurich from Friday to Sunday. From a large number of international applications, more than 1,500 programmers and developers were selected, who developed more than 150 innovative and technical models in teams within 40 hours. In addition to the 420 site participants, more than 600 participants from nearly all over the world took part.

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