The Swiss start-up company Haelixa was able to secure additional financing.
The company, which specializes in solutions for traceability of the production and supply chains of textiles and consumer goods, announced on Tuesday that it had received a “capital injection” from the Zurich Silk Industry Society (ZSIG). According to its own statements, the company now wants to use the fresh money to expand its global activities.
ZSIG, founded in 1854, is the association of current and former silk producers from the Swiss metropolis. Haelixa co-founder Gediminas Mikutis said he was “extremely grateful for the generous support from ZSIG and its exclusive network.” The investment is evidence of “the shared commitment to innovation” that connects Haelixa and the traditional organization, he explained in a statement.