HYT secures growth financing

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20.02.2015

The young watch brand HYT is growing rapidly thanks to its unique timepieces combining the art of of mechanical watchmaking with the science of microfluidics. The company has now secured growth financing.

HYT is a young watch brand evolving in the upper luxury market creating exclusive hybrid mechanical timepieces for watch connoisseurs. In the first hydro-mechanical watches in the world, the hours are displayed with a fluorescent liquid. The combination of mechanical watchmaking with the science of microfluidics is a technological first. The fusion of mechanics and fluid has caused quite a stir in the luxury watch market. The exclusive timepieces enjoy a worldwide demand and HYT is growing rapidly.

As part of the growth initiative SEF4KMU HYT has discussed the business model with a team of specialists and industry experts, and received important advice for optimizing company financing. Thanks to being awarded with the "SEF.High-Potential SME" - Label HYT SA found an experienced investor and gained access to the financing module of SEF4KMU. A customized loan financing solution has been developed in close cooperation with credit officers of UBS. HYT SA has now a solid base for the next growth steps.

About SEF4KMU
SEF joined with UBS in 2012 to launch the Growth Initiative SEF4KMU. This gives forward-looking SMEs the opportunity to have their strategy reviewed by independent, experienced experts, minimise risks and gain easier access to growth capital. Additional modules have been developed and partners Allianz Schweiz and IGE (Swiss Federal Institute of Intellectual Property) now also offer special services.

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