Cybersecurity start-up CYSEC raises CHF 4 million to support European growth
Driven by a growing demand, CYSEC has raised CHF 4 million in a seed extension round to further its growth in digital assets and edge computing. CYSEC develops ARCA, a hardware-based trusted execution environment (TEE) securing sensitive data and workloads with a full stack protection – from hardware, to kernel, to application, on premise, on the […]
Neuchâtel privacy start-up Nym joined by Swisscom
Swisscom is joining Nym, a start-up specialized in leveraging blockchain technology to reward nodes that run global privacy networks. Built by leading researchers and experienced developers, Nym Technologies is an open-source and decentralized infrastructure that offers full-stack privacy. The platform is permission-less and incentivized, empowering developers to build applications that guarantee security against metadata surveillance at the […]
ELCA and BlueVoyant launch new cyber-defence joint venture Senthorus
In partnership with US company BlueVoyant, ELCA has announced the creation of a new cyber-defence joint venture : Senthorus. This operations center will allow clients to benefit from state-of-the-art protection from an independent trusted Swiss company. The partnership between ELCA and BlueVoyant brings together years of experience in IT and Cyber Detection and Response. It will enable ELCA and BlueVoyant […]
Blockchain specialist Wecan raises CHF 1.6 million for its digital vaults
Building on its rapid growth with 13 banks and 59 independent asset managers using Wecan Comply, blockchain software specialist Wecan Group has announced a CHF 1.6 million fundraising. Wecan Group‘s new CHF 1.6 million funding round supports the Geneva-based company’s strategy of building a unique digital vault infrastructure with Zero Knowledge Proof, real-time auditability on […]
Dufour Aerospace will commercialize its “Swiss army knife” Aero2 eVTOL
Initially intended as a technology demonstrator aircraft, the Aero2 drone developed by the Valais-based company Dufour Aerospace will be officially commercialized. A first prototype will be built by the end of 2022. The Aero2 tilt-wing drone developed by Dufour Aerospace was initially intended to serve as a technology demonstrator. However, its performance in flight tests has led […]
ORIGYN Foundation raises USD 20 million for its NFT platforms
ORIGYN Foundation, a Neuchâtel-based non-profit dedicated to identifying, authenticating and unlocking the powers of ownership for objects of value, has raised USD 20 million. Founded in October 2020, ORIGYN develops a technology that certifies and guarantees the authenticity of physical and digital items using advanced recognition and identification techniques created by leading experts in computer vision, artificial […]
CYSEC wins ESA contract to protect governmental data
The European Space Agency (ESA) has awarded a contract to CYSEC, a Vaud-based cybersecurity company, to develop end-to-end protection of governmental data exchanged over satellites. Satellite communications are a critical part of security and defense-related governmental communications (Govsatcom) with many use cases ranging from surveillance, crisis management, critical infrastructure management, border control, election monitoring, etc. […]
Blockchain-powered privacy start-up Nym raises USD 13 million
Neuchâtel based privacy start-up Nym Technologies has successfully closed a USD 13 million investment round led by Andreessen Horowitz. Built by leading researchers and experienced developers, Nym Technologies is an open-source and decentralized infrastructure that offers full-stack privacy. The platform is permission-less and incentivized, empowering developers to build applications that guarantee security against metadata surveillance […]