Aravis leads Series B financing in Evolva SA Totalling CHF 44 M followed by a reverse merger of Evolva with Arpida
16-Dec-2009
- Switzerland
Aravis first invested in Evolva SA when the fund led a CHF 21.8 M (USD 21.1 M) Series A round in August 2004/5. At that time Aravis was also instrumental in moving Evolva to Allschwil (Basel) in Switzerland. Aravis then went on to lead a second closing of this Series A to the value of CHF 12 M (USD 10.3 M) in December 2006.
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