• Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot

    Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot
    Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem.   First announced back in February, the fund has already invested in 15 early-stage startups. These include Chiral Nano, which develops nanomaterials for silicon chips, and 8inks, which is rejigging the lithium-ion battery. Founderful — formerly Wingman Ventures — was
  • US firm Realwear acquires Swiss startup Almer amid XR market consolidation

    US firm Realwear acquires Swiss startup Almer amid XR market consolidation
    American wearables firm Realwear has acquired Swiss augmented reality (AR) startup Almer Technologies.  Almer’s AR headset — the Arc-2 — overlays digital information onto the wearer’s field of view, allowing them to access real-time data, instructions, or assistance from an engineer seated anywhere in the world. The glasses are targeted specifically at industrial companies looking to help their staff maintain and repair equipment and machinery remotely. “Almer
  • DeepL takes on ‘next frontier’ in AI translation with DeepL Voice

    DeepL takes on ‘next frontier’ in AI translation with DeepL Voice
    German tech darling DeepL has (finally) launched a voice-to-text service. It’s called DeepL Voice, and it turns audio from live or video conversations into translated text.  DeepL users can now listen to people speaking a language they don’t understand and automatically translate it to one they do — in real-time. The new feature currently supports English, German, Japanese, Korean, Swedish, Dutch, French, Turkish, Polish, Portuguese, Russian, Spanish, and Italian.&nb

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