Authena raises seed financing to fight counterfeiting
On October 1, 2021, Authena AG, a Zug-based startup which provides a blockchain-based technology to fight product counterfeiting and the lack of transparency in supply chains, has completed a seed financing of over CHF 2.3 million including from lead investor Ecliptic Capital, an innovation fund focused on pre-seed, seed, and series A investments headquartered in Austin, Texas. With this investment in Authena, Ecliptic Capital completed its first investment outside the US.
Lenz & Staehelin is advising Ecliptic Capital as lead investor in this transaction. The team includes Beat Kühni, Rebecca Rötheli and Noémie Ammann (all Corporate and M&A).