Haelixa Extends Seed Financing Round

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09.09.2019
Diamonds

Haelixa closed a financing round with its existing shareholder Zürcher Kantonalbank (ZKB) and investiere as new investor. The capital will be used to expand the company’s sales, marketing and development.

Haelixa, a spin-off of the Swiss Federal Institute of Technology (ETH Zurich), provides next generation traceability solutions for consumer good supply chain transparency. The marking technology is based on DNA markers, which are physically applied to the material and stay linked to it, providing a traceable physical fingerprint from producer to retail.

“We are addressing the need for transparency, a key challenge to sustainability and social responsibility in global supply chains” said Dr. Michela Puddu, co-founder, CEO and Chairwoman at Haelixa. “We are very honoured to have the opportunity to work with investiere and their exclusive network. The additional investment provided by ZKB validates the interest in our solutions. We are grateful for their continued support” she continued.

“Consumers want to know more about the origin of the products and the processes in today’s global supply chain. Manufacturers want to combat fraud and differentiate themselves. Haelixa has developed a solution that addresses all those aspects, integrates with the product, and is superior to existing technologies” explained Michael Blank, Head Investment Team at investiere.

Daniel Schoch, head of Start-up Finance at Zürcher Kantonalbank, added: “Haelixa’s ambitious team has developed a cutting-edge technology for tracing goods and materials. This solution is particularly impressive because it is fully environmentally friendly and contributes to the increased sustainability”.

(Press release)

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