Sulzer & Schmid Laboratories AG’s Series B Financing Round

Walder Wyss has advised Swisscanto Invest by Zürcher Kantonalbank on the deal.

Sulzer Schmid has completed a series B round. The company achieved significant growth in 2020, with the addition of six new countries to its portfolio.

The Series B round, led by Swisscanto Invest by Zürcher Kantonalbank, was oversubscribed. Investment partners include Infratech Growth partners (Australia) as well as existing shareholders, a Swiss private investment Holding, advised by Schwartzkopff Partners AG and other prominent high net worth individuals. The capital increase was completed on June 7th and published in the Commercial Register of Canton Zürich on June 14th, 2021.

The capital raised will be used to expand the team, with a focus on sales and continued investment in our platform technology to provide software as a service. It will also open opportunities to target offshore wind markets and as well as additional segments.

Sulzer Schmid is an independent Swiss technology company and innovator of next-generation technology for the inspection of rotor blades.

The Walder Wyss team was led by Alex Nikitine (Picture – Partner, Corporate/M&A) and Dimitrios Berger (Senior Associate, Corporate/M&A) and further included Hugh Reeves (Managing Associate, IP/IT).

Involved fees earner: Dimitrios Berger – Walder Wyss Ltd.; Alex Nikitine – Walder Wyss Ltd.; Hugh Reeves – Walder Wyss Ltd.;

Law Firms: Walder Wyss Ltd.;

Clients: Swisscanto Invest;

Author: Federica Tiefenthaler