Successful Deals with PwC: Euroclear leading Futurae Technologies’ Series A funding round

Euroclear has led the Series A funding round of Futurae Technologies AG amounting to CHF 5 million.

We are pleased to announce that Euroclear, Switzerland has led the Series A funding round of Futurae Technologies AG. Together with the participation in the funding round of the existing shareholders, AXA Venture Partners, Zürcher Kantonalbank and EquityPitcher Ventures, CHF 5 million was raised. Futurae is a Zurich-based start-up offering modular authentication and transaction signing methods for end-user authentication using a single platform approach. The new funding will allow Futurae to accelerate its international expansion and grow its platform with additional features.

We are proud of having advised Euroclear on its journey to invest in Futurae. The journey started in June 2020 with a search mandate and the selection of potential investment targets from a structured analysis of the Swiss FinTech ecosystem. After identifying the targets best matching Euroclear’s investment criteria, we have also supported Euroclear during the deal execution, due diligence and negotiation phase, involving an integrated team of PwC commercial, financial, technology, legal and tax experts.

The PwC team

Commercial & Financial

Falk von der Heyde
Marc Huber
Sofie Simon
Martin Helmings
Vladyslav Mykhalskyy
Marielle Margue

Target Selection & PMO

David Bundi

Technology

Sebastian Ahrens
Roman Lewandrowski
Soner Aydin

Forensic

Stephan Teiwes

Relationship

Marcel Tschanz

Valuation

Philippe Bösch

Tax

Matthias Marbach
Juliette Buob
Thomas Grossen
Besnik Omuri
Angela Bucher