UK-based GuestReady acquires French Airbnb management company BnbLord

London-headquartered GuestReady has acquired France’s BnbLord and claims to be the largest Airbnb management company in Europe with more than 2,000 properties. It has also announced the creation of a holding company, GuestReady Group based in Switzerland. Since its launch in 2016, GuestReady has acquired three Airbnb management companies. The other two were Oporto City […]

Swiss crypto fintech startup Amun AG raises $4 million

Swiss fintech startup Amun, which aims at making investments in crypto-assets as easy as buying share in public companies, has landed $4 million in funding from several investors, including Adam Draper, founder of Boost VC; Graham Tuckwell, founder of ETFS Capital; Greg Kidd, co-founder of Hard Yaka; and four family offices. Amun has created HODL, […]

Swiss fintech startup Loanboox raises €20 million

Zurich-based startup Loanboox has landed a €20 million Series B funding round at a valuation of €110 million from several investors, including Deutsche Kreditbank AG and the LGT Group. Loanboox has developed a platform for mediation of financing and investments for public corporations, banks, large companies and institutional investors. The company claims to have processed […]

Swiss logistics startup Nexiot raises €13 million

Zurich-founded logistics digitisation startup Nexiot has raised €13 million in a Series B funding round from a group of investors including the venture arm of Credit Suisse and Mobiliar Versicherungen, a Swiss insurance company. Nexiot, a spin-off company from ETH Zurich founded in 2015, is building a hardware and software solution for the logistics industry […]

Swiss-headquartered data management company Veeam raises a whopping $500 million from Insight VP

Swiss-headquartered Veeam, a provider of data backup solutions for enterprise customers, has raised a monster of a round of $500 million led by Insight Venture Partners, with participation from Canada Pension Plan Investment Board (CPPIB). This is the first publicly announced capital injection for the 12-year-old company. According to the company’s numbers, it has more […]

US-based DXC acquires Russian-founded software development company Luxoft for $2 billion

US-based IT services company DXC Technology has reached a definitive agreement to acquire Luxoft, a custom software development company founded in Russia and currently headquartered in Switzerland, for $2 billion in an all-cash deal. “Luxoft and DXC are highly complementary, and our shared vision of digital transformation makes this strategic combination a great fit for both […]

Swiss-founded data-driven healthcare startup SOPHiA GENETICS raises $77 million

Switzerland-based AI healthcare startup SOPHiA GENETICS has landed $77 million in a funding round led by Generation Investment Management, with participation from Idinvest Partners and existing investors including Balderton Capital and Alychlo. The capital injection brings the total amount raised by the company to $140 million. Founded in 2011, SOPHiA GENETICS has developed the SOPHiA […]