Alogo Analysis secures loan and equity financing
16.06.2020
The Lausanne-based company developing revolutionary tools for equestrian sports received CHF 1 million in loan and equity financing
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Alogo Analysis develops a range of extremely accurate and cutting-edge products that quantify the athletes’ performances and to follow the evolution from health to horse locomotion.
In order to support the market launch of the second product, Alogo Analysis has just completed a CHF 500'000 fund raising round from a pool of private investors. The FIT has also chosen to support the start-up with a CHF 500'000 FIT Tech Growth loan. "This fundraising serves the objective of marketing this leading-edge tool for equine motion analysis in Europe and the USA, as well as the desire to expand the Alogo team in order to extend and broaden its areas of expertise", explains David Deillon, founder and CEO of Alogo Analysis.
The startup received its first support from Venture Kick in 2016. "This is a big achievement for Alogo! We couldn’t make it happen without the support we’ve got from entities such as Venturelab and Venture Kick, who believed in our company from the beginning. " David Deillon, CEO and Cofounder at Alogo Analysis
In order to support the market launch of the second product, Alogo Analysis has just completed a CHF 500'000 fund raising round from a pool of private investors. The FIT has also chosen to support the start-up with a CHF 500'000 FIT Tech Growth loan. "This fundraising serves the objective of marketing this leading-edge tool for equine motion analysis in Europe and the USA, as well as the desire to expand the Alogo team in order to extend and broaden its areas of expertise", explains David Deillon, founder and CEO of Alogo Analysis.
The startup received its first support from Venture Kick in 2016. "This is a big achievement for Alogo! We couldn’t make it happen without the support we’ve got from entities such as Venturelab and Venture Kick, who believed in our company from the beginning. " David Deillon, CEO and Cofounder at Alogo Analysis