Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Xorlab, a Switzerland-based cybersecurity spinout of ETH Zurich, has closed a pre-series A round led by Spicehaus Swiss Venture Fund at above CHF1.2m ($1.3m). Founded in 2015, Xorlab has built an email cybersecurity tool called ActiveGuard geared towards the finance, logistics and healthcare sectors. The new capital will go to recruitment as Xorlab looks to refine its product and translate sales leads into solid growth. Xorlab expects to raise series A funding toward the second or third quarter of 2021.…
