News

Zug - Portofino Technologies, the specialist in high-frequency trading for digital assets, has raised 50 million US dollars from venture capital firms. With this capital, the company from the Greater Zurich Area intends to develop and build financial infrastructure.

Zurich/Loos - The French pharmaceutical company GENFIT has agreed a deal to acquire Versantis. With its advanced research programs, GENFIT is expanding its pipeline to combat acute-on-chronic liver failure. The takeover will include payments of up to 105 million Swiss francs in addition to a share of revenues.

Sharjah/Zug - The University of Sharjah in the United Arab Emirates is starting a research project with the BSV Blockchain Association based in the Greater Zurich Area. The aim is to develop a Metaverse system to preserve the cultural heritage of the UAE.

Zurich - Researchers from the University of Zurich are working on a new immunotherapy to treat fibrosis of the lungs and liver. They have now recorded promising results in murine models. The fibrosis was reduced while healthy tissue was left unharmed.

Zurich - A generous donation by the Dieter Schwarz Foundation is strengthening the research area of digitalization and artificial intelligence at the Swiss Federal Institute of Technology Zurich (ETH). Two professorships have been created and outstanding, talented researchers will be supported at the ETH AI Center.

Stäfa/Denver - The climate analysis platform from Project Canary will in future offer sensors from Sensirion Connected Solutions to its industry clients in the USA. These sensors can detect and quantify leaking methane, meaning, for example, that gas suppliers are able to deliver verifiable climate documents.

Zurich/Munich - The Konzern Versicherungskammer has converted its claims hotline to use natural speech recognition solutions from Spitch in the Greater Zurich Area. The insurer from German has consequently reduced the volume of calls that cannot be allocated from 40 percent to 15 percent.

Zurich - The publishing trade magazine kress pro has included Netcetera’s publishing software Forward Publishing, the team behind it and the Forward Publishing editor Livingdocs in its top ten digital agencies and tools for publishers in the German-speaking region. Both companies come from the Greater Zurich Area.