Investment strongly supports Delvitech’s technological growth

Zurich, June 18, 2020 – Credit Suisse Entrepreneur Capital Ltd, the bank’s venture capital vehicle, announced today that it has invested in Delvitech SA, a company active in the field of Automatic Optical Inspection (AOI) located in Ticino, Switzerland. Delvitech’s AOI systems use agnostic software based on artificial intelligence and 3D inspection technologies for quality control in the production of printed circuit boards.

Delvitech is owned by its founders and by three external investor groups: Credit Suisse Entrepreneur Capital Ltd. (CSEC), TiVenture, an early-stage Venture Capital fund present in the Canton of Ticino, and a group of private investors represented by a prominent Family Office. TiVenture and the Family Office also participated in the financing round along with Credit Suisse Entrepreneur Capital Ltd. The capital injection enables Delvitech to achieve its ambitious goal to become one of the leading companies in the field of AOI.

Roberto Gatti, CEO and President of Delvitech, says: “I’m honored and enthusiastic about this new collaboration. In fact, in addition to strengthening the capital, the investment by Credit Suisse Entrepreneur Capital will have a positive impact on the company’s standing in the market and financial strength. Furthermore, the partnership will strongly support Delvitech’s technological growth, increasing the development of unique solutions based on deep learning techniques.”

Elios Elsener, CEO of Credit Suisse Entrepreneur Capital Ltd., adds: “Delvitech SA is our second investment in the Canton of Ticino in the last 18 months and fits well into our automation and robotics industry vertical. The investment emerged from a long-standing relationship between Roberto Gatti, the Credit Suisse team in Lugano, and Helvetica Capital, the investment adviser to Credit Suisse Entrepreneur Capital Ltd. Executing the investment during a global pandemic was challenging for the team but demonstrates that CSEC has remained open for business throughout. We look forward to supporting Delvitech’s growth plan.”

As part of the investment, Christian Fuessinger, Managing Partner of Helvetica Capital, has joined Delvitech’s Board of Directors on behalf of Credit Suisse Entrepreneur Capital as the lead investor in the financing round.

About Delvitech SA
Delvitech was founded in 2018 by an experienced team. The company develops and produces automated optical inspection systems for the electronics market. The purpose of AOI systems is visual inspection during the manufacturing process. Optical inspection systems are designed using software that is based on artificial intelligence and 3D inspection technologies. Delvitech’s AOI systems are mainly used for the inspection of printed circuit boards by electronic manufacturing services. The company has entered a collaboration with IDSIA-USI SUPSI in R&D.
www.delvi.tech

About Credit Suisse Entrepreneur Capital Ltd.
Credit Suisse Entrepreneur Capital Ltd. provides small and medium-sized businesses as well as young entrepreneurs with risk capital from a total fund of CHF 200 million. To date, it has invested in over 50 companies. The beneficiaries are innovative companies from around Switzerland that are at different stages of development. Helvetica Capital AG has been responsible for managing the investment portfolio on behalf of Credit Suisse Entrepreneur Ltd. since September 2015. The company is managed at a strategic level by a Board of Directors with wide-ranging experience, supported by an operations team.
www.entrepreneurcapital.credit-suisse.com

About Helvetica Capital AG
Helvetica Capital was founded in August 2015. It emerged from the spin-out of the former team behind Credit Suisse Entrepreneur Capital Ltd. Since then, Helvetica Capital has been an autonomous company, and is fully independent of Credit Suisse Entrepreneur Capital Ltd. One of its key responsibilities is to manage and continuously develop Credit Suisse Entrepreneur Capital Ltd. portfolio. In keeping with its guiding principle of promoting Swiss entrepreneurship over the long term, the company also runs a private equity vehicle for Swiss entrepreneurs and investors and is the investment adviser for the direct investments of the Swiss Entrepreneurs Fund.
www.helvetica-capital.ch