TX Group's investment Helvengo enters liquidation

Approximately two and a half years after the Zurich-based TX Group invested in the insurtech start-up Helvengo, the company is now in liquidation, as noted in the Swiss Official Gazette of Commerce on Friday. +Get the most important news from Switzerland in your inbox According to the official announcement, the company was dissolved by a resolution at the Annual General Meeting on July 10. The TX Group had led a seed financing round for Helvengo at the beginning of 2022, which totalled over CHF4.2 million ($4.8 million). Other investors included Postfinance Ventures, Seed X, Hypoport, Anamcara Capital, Plug and Play, Conny&Co, and various business angels. The TX Group did not disclose its investment amount at the time. +Start-ups, failures and funding: the Swiss company landscape Helvengo provided insurance products for entrepreneurs, SMEs, and start-ups. Translated from German by DeepL/amva How we work This news story has been written and carefully fact-checked by an external ...