Credit Suisse Entrepreneur Capital invests in Delvitech

Maria Nikolova

The capital injection is set to help Delvitech to achieve its goal to become one of the leading companies in the field of AOI.

Credit Suisse Entrepreneur Capital Ltd, the venture capital vehicle of Credit Suisse, today announces that it has invested in Delvitech SA, a Ticino-based company active in the field of Automatic Optical Inspection (AOI). Delvitech’s AOI systems use agnostic software based on artificial intelligence and 3D inspection technologies for quality control in the production of printed circuit boards.

Delvitech is owned by its founders and by three external investor groups: Credit Suisse Entrepreneur Capital Ltd. (CSEC), TiVenture, an early-stage Venture Capital fund present in the Canton of Ticino, and a group of private investors represented by a prominent Family Office. TiVenture and the Family Office also participated in the financing round along with Credit Suisse Entrepreneur Capital Ltd. The capital injection enables Delvitech to achieve its ambitious goal to become one of the leading companies in the field of AOI.

Roberto Gatti, CEO and President of Delvitech, says:” I’m honored and enthusiastic about this new collaboration. In fact, in addition to strengthening the capital, the investment by Credit Suisse Entrepreneur Capital will have a positive impact on the company’s standing in the market and financial strength. Furthermore, the partnership will strongly support Delvitech’s technological growth, increasing the development of unique solutions based on deep learning techniques.”

Elios Elsener, CEO of Credit Suisse Entrepreneur Capital Ltd., comments: “Delvitech SA is our second investment in the Canton of Ticino in the last 18 months and fits well into our automation and robotics industry vertical. The investment emerged from a long-standing relationship between Roberto Gatti, the Credit Suisse team in Lugano, and Helvetica Capital, the investment adviser to Credit Suisse Entrepreneur Capital Ltd. Executing the investment during a global pandemic was challenging for the team but demonstrates that CSEC has remained open for business throughout. We look forward to supporting Delvitech’s growth plan.”

As part of the investment, Christian Fuessinger, Managing Partner of Helvetica Capital, has joined Delvitech’s Board of Directors on behalf of Credit Suisse Entrepreneur Capital as the lead investor in the financing round.

Read this next

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

Inside View

European share trading is much higher than believed, says report

“Regulators in the EU and UK need to take the opportunity presented by the imminent establishment of a Consolidated Tape for shares and ETFs to update relevant post-trade transparency rules, so that they capture the full scope of share trading activity in Europe. Without this, Europe risks being left behind.”

Digital Assets

Abra launches prime solutions for digital assets

As an SEC-registered RIA, ACM will now operate as a fiduciary and allow clients to get exposure to the digital asset ecosystem under a separate account structure built on-chain, where clients retain title and ownership over their assets and their assets will be independently verifiable on-chain.

Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

<