|By PR Newswire||
|April 8, 2014 02:00 AM EDT||
LUXEMBOURG, April 8, 2014 /PRNewswire/ --
Slyde is a product at the luxury end of Swiss watchmaking craftsmanship. By unifying the finest materials with an intern platform, SLYDE is a day-to-day timepiece that represents the latest innovations, performance and exclusivity.
The capital raised will be used to accelerate the commercial development as well as to fund future models.
Alain Nicod, Chairman at Slyde Holding S.A. commented: "We are delighted to welcome GGM Venture Capital, a leading tech focused fund, as a new partner in this venture. During the last couple of years, we have been successful in developing a quality product with proven market traction and positioning ourselves in this now sought-after segment. With such commitment, which goes beyond a simple equity investment, we will be able to consolidate our market position and take the company to the next level."
Guillermo G. Morales López, Chairman of GGM Capital, added: "We are proud to invest in Slyde, a one-of-a-kind corporation which impressed us with the quality of its products as well as the growth the company has experienced in its short history. We are now actively committed to making Slyde stronger and an undisputed leader in its market."
GGM Capital, a Luxembourg-based advisory and asset management firm, offers a unique platform of investment banking services. The GGM High Growth IT Fund is a Venture Capital Fund established to achieve a medium-term capital appreciation through a portfolio of investments in European early-stage and growth capital companies developing technology-enabled and IT-centric business services.
Dec. 3, 2016 04:15 AM EST Reads: 3,411
Dec. 3, 2016 04:15 AM EST Reads: 1,697
Dec. 3, 2016 02:30 AM EST Reads: 1,513
Dec. 3, 2016 02:15 AM EST Reads: 1,488
Dec. 3, 2016 02:15 AM EST Reads: 719
Dec. 3, 2016 01:45 AM EST Reads: 758
Dec. 3, 2016 01:45 AM EST Reads: 4,529
Dec. 3, 2016 01:15 AM EST Reads: 849
Dec. 3, 2016 12:30 AM EST Reads: 1,518
Dec. 3, 2016 12:15 AM EST Reads: 1,748
Dec. 2, 2016 11:15 PM EST Reads: 899
Dec. 2, 2016 10:30 PM EST Reads: 1,729
Dec. 2, 2016 08:30 PM EST Reads: 391
Dec. 2, 2016 08:30 PM EST Reads: 4,977
Dec. 2, 2016 08:15 PM EST Reads: 1,560