Governments have been involved in funding small businesses for many years now, and government-backed VCs are a common sight in many European countries. While in the past, they might have been seen as just another source of funding for many start-up companies, they now form a vital part of the venture ecosystem.
Also backing the biotech startup were the Zürcher Kantonalbank and Greencross Medical Science Corp
Company plans to use the fresh capital to further expand, develop new features and scale up its team
EVentures, 468 Capital and HV Holtzbrinck back the round for the climate change mitigation app
Clessidra has been in negotiations for the acquisition of the Italian wine producer since February 2020