Sy&Se is ready to take its commercial deployment to the next level, thanks to the CHF 485’000 investment from private investors. The startup based in La Chaux-de-Fonds has developed a promising novel technology that allows different types of glass to bind to metal.
Sy&Se Microsystem Technologies has just announced that it has successfully closed its seed round. Private investors, amongst which Business Angel Switzerland, have provided about CHF 485’000 to the company in an equity round for a pre-money valuation slightly above CHF 3 Million. Sy&Se will use this money to accelerate its commercial deployment.
Shortly after this capital increase, the legal structure of Sy&Se was changed to a Swiss Société Anonyme (public limited-liability company). New investors will also be joining the Board of Directors, hence providing new competencies to support the management team for the next development stages of the company.
Founded in 2017 in the Canton of Neuchâtel, Sy&Se is an award winning Swiss DeepTech company based at Microcity which has developed a new glass/metal bonding technology. Target markets include 5G mobile phones, watch making and medical devices.
(Press release / ES)
Picture: Microcity
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