UBS invests in the fintech Numarics
Zurich/Baar - Numarics has secured investment in the amount of 10 million Swiss francs after closing a financing round led, among other institutions, by the Zurich-based major bank UBS. In addition, UBS is entering into a strategic partnership with the fintech firm.
Canton of Ticino guarantees innovation funding from 2024 to 2027
Bellinzona - The canton of Ticino has guaranteed innovation financing and the promotion of the regional economy in the period from 2024 through to 2027. The Council of State, which is the government of the canton of Ticino, has approved a trio of loans totaling 60 million Swiss francs overall to finance these measures.
Aisot and MRB join forces for fully automated investment products
Zurich - Aisot Technologies AG and MRB Fund Partners are joining forces to launch fully automated investment products for institutional investors. In this context, Aisot will contribute its asset management solutions developed on the basis of Artificial Intelligence (AI). Top of the agenda is the launch of a crypto investment product.
SCOR Investment Partners opens office in the Greater Zurich Area
Paris/Zurich - SCOR Investment Partners is opening an office in Zurich. The French asset management company is establishing a Swiss subsidiary, with the aim of strengthening its presence on the Swiss market. It will focus on institutional investors.
Helbling replicates material flows in generic simulation framework
Zurich - Helbling is offering its customers the opportunity to simulate complex production and logistics systems. To this end, the engineering and consulting specialist has developed its own flexible simulation framework.
AI in Greater Zurich: "Automation is a huge opportunity"
Steel producer Outokumpu to deploy the ANYmal robot
Zurich/Krefeld - Outokumpu is the first company operating in the steel industry to use robotics in safety management processes. To this end, the ANYmal robot is to be deployed at the company’s Krefeld site. By 2025, Outokumpu is planning to achieve the lowest accident frequency rate in the industry.
SHL Medical acquires LCA Automation
Zug/Küssnacht - SHL Medical is acquiring LCA Automation with its subsidiaries in Mexico and China. The supplier of automation solutions will help to strengthen the medtech firm’s efforts to expand its global footprint.
ETH researchers develop new antenna for nanoscale light sources
Zurich - Researchers from Swiss Federal Institute of Technology in Zurich (ETH) have created an antenna for tiny light sources on a chip. With this, efficient nanoscale LEDs and lasers can be produced. This breakthrough was made possible following an unusual placement of a semiconductor material.
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