According to a press release, Delvitech has closed a successful round of financing, which was led by Credit Suisse Entrepreneur Capital AG. Furthermore, the venture capital fund TiVenture from Ticino and a group of private investors made investments. Christian Fuessinger, Managing Partner of Helvetica Capital, joined the administrative board of Delvitech on behalf of Credit Suisse Entrepreneur Capital.
The start-up based in Mendrisio is involved in the area of automatic optical inspection (AOI). AOI systems are used in the electronics market for visual testing during the manufacturing process. They are based on software that draws from artificial intelligence and 3D testing technologies. Delvitech’s AOI systems are mainly used to test printed circuit boards. The company is working together with the Università della Svizzera italiana (USI).
Roberto Gatti, CEO and President of Delvitech, says: “The investment by Credit Suisse Entrepreneur Capital will have a positive impact on the company’s standing in the market and financial strength. Furthermore, the partnership will strongly support Delvitech’s technological growth, increasing the development of unique solutions based on deep learning techniques.”