Haelixa gets funding to bring its DNA marker to the next level
26.10.2018
Haelixa, provider of next-generation traceability services, announced that Clariant and Zürcher Kantonalbank have acquired a minority stake in the startup. This move will help support further development of Haelixa’s DNA-based tracing and tagging technology.
 Gediminas Mikutis and Michela Puddu of Haelixa.
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“With their focus on promoting innovation, Clariant and Zürcher Kantonalbank are ideal partners as we continue to develop our business,” says Michela Puddu, co-founder and CEO of Haelixa. “We're excited to have a strategic investor on board that provides us not only capital but also vast expertise in our target markets".
The ETH spin-off provides DNA-based markers for the labeling of products and raw materials. Its smart tracer can be applied to any fluid or solid material and can even survive harsh industrial processes as well as distribution and storage, enabling full control over supply-chains.
The technology can also be used to assess, trace and monitor the quality of fluids below ground, helping to identify groundwater contamination. Further, it can help monitor below ground oil and geothermal reservoirs and give operators quality information to maximize productivity, minimize cost and environmental impact.
Haelixa won Venture Kick in 2017. Co-founder and CEO Michela Puddu says: "Venture Kick is an incredible program for startups, not just in terms of early-stage funding, but also from a business development perspective, providing valuable inputs to convert your idea into a scalable and successful business. We are extremely grateful to them for believing in us and supporting us."
The ETH spin-off provides DNA-based markers for the labeling of products and raw materials. Its smart tracer can be applied to any fluid or solid material and can even survive harsh industrial processes as well as distribution and storage, enabling full control over supply-chains.
The technology can also be used to assess, trace and monitor the quality of fluids below ground, helping to identify groundwater contamination. Further, it can help monitor below ground oil and geothermal reservoirs and give operators quality information to maximize productivity, minimize cost and environmental impact.
Haelixa won Venture Kick in 2017. Co-founder and CEO Michela Puddu says: "Venture Kick is an incredible program for startups, not just in terms of early-stage funding, but also from a business development perspective, providing valuable inputs to convert your idea into a scalable and successful business. We are extremely grateful to them for believing in us and supporting us."