eNewsletter no. 457 Dear Reader 20 May 2016 It was a school project: Start a Business! Taylor Rosenthal of SECA Opelika, Alabama, did just that. He is a baseball player and thought it would be sensible to post First Aid Kits near the diamond or in Venture Capital fact any playground where kids may suffer injuries. He developed Private Equity – Swiss News the box and stocked it with necessities, filed a patent suit and started the company RecMed, and all that before he had his first Private Equity – Int. News shave.Taylor Rosenthal is only 14. The price of the First Aid Box is Corporate Finance a hefty 5 500 dollar, but recreation park chains and investors are Mergers & Acquisitions interested. Already Taylor Rosenthal has turned down an offer of 30 million dollar. You can't pull the wool over a guy's eyes just Management Buyout because he is young. He tends to his business, keeps going to Book of the Week school and persues new projects. Jobs If given a chance, I will invest in RecMed and wait for the First Aid Box in my gym in Zug, Switzerland. On the other hand: why not Agenda wait for his next venture? This guy will go places. Editor Have a nice week! Maurice Pedergnana Toolbox Print Newsletter Send Newsletter to a Friend Download as PDF SECA 15. SECA Private Equity & Corporate Finance Conference The conference will take place on Wednesday, 6 July 2016, in the SIX ConventionPoint in Zurich and is one of the biggest conferences in Switzerland, which brings together the private equity, venture capital and corporate finance industries. The conference will be followed by a party/get-together. We are working on the detail program. Visit this page from time to time as we will regularly update it. Keynote Speakers of the 15th SECA Private Equity & Corporate Finance Conference Bernd Pfister, Chairman SECA, Paros Capital AG (Opening of the Keynote Speakers Session) Valeria Ceccarelli, Senior Relationship Manager, SIX Swiss Exchange Suzi LeVine, The US Ambassador to Switzerland Alexander Stoeckel, Switzerland’s Business Angel of the Year 2016 Mukund Mohan, Investor, Napkin Stage Furthermore look forward to the following topics: Global Factors & Trends; European Mid-Markets;Emerging Markets Startups Real estate is priced differently than 2007: Where are the opportunities? Robotics & Industrial Innovation Legal and Tax: The current hot topics in a nutshell Apax Global Alpha learning from the best Live presentations of start-ups from the present deal-flows of these investors. “Now I have to work for the money I earn.” - Why it makes sense to get your hands dirty Registration: Please register until 30 June 2016 with the registration card or send us an e-mail with the needed information to [email protected] (fax +41 41 757 67 00) or use the registration form on our website. Registration Card Program Venture Capital Media Monitoring Showpad sichert sich eine $50 Millionen Serie-C-Finanzierung unter Führung von Insight Venture ... Berliner E-Sports-Start-up holt sich 4,5 Millionen US-Dollar Neues Crowdfunding-Gesetz in den USA: Wie Kleinanleger in Startups investieren können Bürgerliche Parteien verlangen eine Verbesserung der Startup-Steuer im Kanton Zürich Der Kanton Zürich positioniert sich als innovativ und Startup-freundlich. Gleichzeitig sehen sich zahlreiche Startup-Gründer mit einer hohen Vermögenssteuerrechnung konfrontiert, obwohl sich ihr Unternehmen noch immer in der Aufbauphase befindet und sie keine nachhaltigen Gewinne schreiben. Grund dafür ist das Zürcher Steueramt, welches die Aktien der Startups nach Preisen der letzten Finanzierungsrunde bewertet. Die Folge: Gründer werden auf die Aktien teilweise so hoch besteuert, dass sie die Steuerrechnung gar nicht bezahlen können. Dieses Vorgehen schreckt auch Business Angels ab, im Kanton Zürich in Startups zu investieren. Nun verlangen die bürgerlichen Parteien eine Verbesserung der Bewertung für neu gegründete Unternehmen im Kanton Zürich. read more Caribou Biosciences secures Series B financing from Anterra Capital and Heritage Group among others On 16/05/16 it was announced that Caribou Biosciences Inc., a Berkeley, California-based genome biotechnological editing services provider has raised USD 30 million in 2nd round (Series B) financing. The funding was provided by a combination of new investors; Anterra Capital BV, Heritage Group LLC, Maverick Capital Ventures, an equity fund managed by Maverick Capital Ltd and Pontifax Global Food and Agriculture Technology Fund, an equity fund managed by Pontifax Ltd. The new investors in the Series B round were joined by existing investors; Impresa Management LLC dba F-Prime Capital Partners, Novartis AG, Mission Bay Capital LLC and 5 Prime Ventures. Source: Zephyr read more Gamaya closes first round of funding On 23/05/16 it was announced that Gamaya SA, the Lausanne, Switzerland-based crop health measurement equipment manufacturer, has closed a first round of funding (Series A) worth CHF 3.2 million. The investment was made by VI Partners AG, Sandoz Family Foundation, Seed4Equity SA and The Glasshouse SA, managed by Nestle owner Mr Peter Brabeck-Letmathe. Source: Zephyr Gynesonics secures round of funding from several investors On 22/07/15 it was announced that Gynesonics Inc., a Redwood City, California-based gynaecological device developer company has raised USD 43 million in a round of funding. The round was led by Endeavour Vision SA and Abingworth LLP, the round also includes HealthCrest AG, InterWest Partners LLC, Advanced Technology Ventures, HBM Partners AG, Correlation Ventures LLC and Hercules Technology Growth Capital Inc. Source: Zephyr Jura Online closes first round of funding with b-to-v Partners and business angels On 11/05/16 it was announced that start up Jura Online CSQN GmbH, the Hamburg, Germany-based online law student assistance platform operator, has raised EUR 800,000 in a first round of funding (Series A). The investment was made by b-to-v Partners AG and business angels. Source: Zephyr Mindcast episode 15: Raising funds online In this episode, Steffen talks about how to raise money online. You get an overview over the different crowd financing possibilities. Steffen Wagner is CEO and co-founder of investiere - a Swiss crowdinvesting platform. Mindcast episode 15: Raising funds online Nouscom receives first round fuinding from Life Sciences Partners and Versant Venture On 17/05/16 it was announced that Nouscom AG, the Basel, Switzerland based cancer vaccine developer, has received EUR 12 million in first round (Series A) funding from Life Sciences Partners BV and Versant Venture Management LLC. Source: Zephyr read more NovImmune raises additional funding from shareholders On 10/05/16 it was announced that Novimmune SA, a Plan-Les-Ouates, Switzerland-based provider of antibody-based drugs for the treatment of inflammatory diseases, immune-related disorders, and cancer biotechnology research and development services, has raised CHF 30 million in a Pre-IPO round of funding from existing shareholders. Source: Zephyr Polyneuron closes seed funding round with EVA, ZKB and private investors On 11/05/16 it was announced that Polyneuron Pharmaceuticals AG, the Basel, Switzerland-based carbohydrate-based autoimmune disorders drug developer, has raised about CHF 3 million in a seed funding round with Erfindungs Verwertungs AG (EVA), Zurcher Kantonalbank and private investors. Source: Zephyr Qipp secures seed funding On 17/05/16 it was announced that Qipp AG, a Basel, Switzerland-based online real estate valuation increase and property operational costs decrease mobile application provider has secured CHF 2 million in a seed round of development capital funding. The participants in the round were Mr Martin Strobel, Mr Lars Grosenick and angel investors Mr Marc Stilke, Mr Alois Flatz and Mr Ariel Ludi. Qipp is classified as a start-up company. Source: Zephyr TrekkSoft acquires Myobis from its founder Mr Jon Fauver and others On 17/05/16 it was announced that TrekkSoft AG has acquired Myobis Booking Systems GmbH, the Munich, Germany-based online booking system developer, from Mr Jon Fauver and other founders. Source: Zephyr Webdata in funding round led by Seventure On 24/02/15 it was announced that start up Webdata Solutions GmbH, the Leipzig, Germany based market focused software solutions developer, has received EUR 4 million in a funding round led by Seventure Partners SA. Senovo GmbH, b-to-v AG and Technologiegrunderfonds Sachsen Verwaltungs GmbH, a previous investor, have also participated. Source: Zephyr read more Private Equity – Swiss News AIL Structured Finance AG about Payment Security by means of Private Risk Insurance In its recent newsletter, AIL Structured Finance AG, Zurich, describes key aspects of a tailor-made payment security scheme based on private risk insurance in relation to a transaction of Stadler Rail. Newsletter AIL Structured Finance AG CGS Portfolio-Unternehmen gut auf Kurs CGS ist bekannt für ihre Buy and Build Strategie. In diesem Zusammenhang gibt es eine Transaktion: Schaufler Tooling GmbH & Co. KG (Schaufler Tooling), ein führender Anbieter von Druckgusswerkzeugen für die Automobilindustrie, schliesst sich mit Fischer Tool & Die Corp. (Fischer Tool & Die), einem ebenfalls auf Druckgusswerkzeuglösungen sowie Präzisionsbearbeitung spezialisierten Komplettanbieter mit Sitz in Michigan, unter der deutschen Schaufler Holding GmbH zusammen. read more Emerald launches innovative new venture fund with commitment from Caterpillar Emerald Technology Ventures is pleased to announce the launch of its fourth venture fund - Emerald Industrial Innovation Fund LP (EIIF). An initial commitment was received from Caterpillar Inc. via its venture capital investment arm Caterpillar Ventures. Additional parties are currently in due diligence. EIIF operates in parallel with Emerald Cleantech Fund III, and builds on an existing investor base comprising ABB, Clariant, Doosan, Ecolab, Evonik, JSR, MAHLE, Michelin, Sibelco, SK Group, Sulzer, Suncor Energy and family offices. The new fund places the needs of investors at the forefront, combining the benefits of a traditional venture capital fund with the flexibility of an evergreen structure.