Swisscom, Zürcher Kantonalbank and Constantia all took part in an $18.5m round for 3D-printed satellite component producer Swissto12.
Switzerland-based satellite communications equipment supplier Swissto12 has completed a SFr 18.1m ($18.5m) round co-led by subsidiaries of telecommunications firm Swisscom, financial services firm Zürcher Kantonalbank and industrial conglomerate Constantia Industries.
The corporates took part in the series B round through respective corporate venturing units Swisscom Ventures, Swisscanto Invest and Constantia New Business.
Founded in 2011, Swissto12 uses3D printing technology to manufacture onboard components for satellites. Its first product is a lightweight, 3D-printed antenna intended for compact satellites – known as…
