AAA James Mawson – Page 5

Satispay sets stall out for new funding

Italy-based mobile payment technology developer Satispay has raised €10m ($11.7m) in funding from investors including financial services firms Banca Valsabbina and Sparkasse – Cassa di Risparmio di Bolzano, Finextra has reported. Copper Street Capital, Endeavor Catalyst, Greyhound Capital and Club degli Investitori di Torino also invested, and the cash makes up the first tranche of… Continue reading Satispay sets stall out for new funding

Modus closes series A funding

Modus Therapeutics, a Sweden-based for sickle cell disease therapy developer backed by health and dental care provider Praktikertjänst, has closed a series A round sized at more than SKr140m ($15.4m). Venture capital firm HealthCap led the round and will invest SKr60m in preferred financing, with existing Modus shareholders converting outstanding convertible notes into shares. Modus… Continue reading Modus closes series A funding

AMS agrees to buy KeyLemon

Austria-based semiconductor manufacturer AMS has agreed to buy Swisscom Ventures-backed facial recognition software provider KeyLemon for an undisclosed amount. KeyLemon’s authentication technology for voice recognition of Swiss-German dialects was integrated in the Swisscom TV 2.0 UHD set-top box after its Swisscom Ventures and Debiopharm-backed A round in 2013.

Mobiliar acquires Bexio

Insurer Mobiliar has acquired Switzerland-based business software company Bexio for a reported SFr115m ($110m).  Local insurer Swiss Life signed a strategic partnership alongside an investment in Bexio in October with Markus Leibundgut, CEO of Swiss Life Switzerland, becoming a member of the portfolio company’s board. In March last year, Bexio raised SFr7.5m from a consortium… Continue reading Mobiliar acquires Bexio