Anapaya receives 10 million Swiss francs for expansion

Zurich – Anapaya Systems AG has raised 10 million Swiss francs from a financing round. The company is a pioneer in SCION architecture, a solution for secure connections on the Internet. Cape Capital and Nagy Moustafa invest in the company. Anapaya intends to use the funds for its global expansion.

Anapaya Systems AG, headquartered in Zurich, is a pioneer in SCION architecture (Scalability, Control, and Isolation on Next-Generation Networks), a solution for secure connections on the Internet. Martin Bosshardt, CEO of Anapaya, is pleased to have "Cape Capital and Nagy Moustafa as investors to secure business-critical services with the SCION Internet architecture", according to a press release. This additional financing of 10 million Swiss francs will drive forward the company's global expansion efforts. The company's presence in Switzerland will also be further strengthened.

SCION was created in 2012 under the leadership of researchers from the Swiss Federal Institute of Technology in Zurich (ETH). Anapaya Systems was spun off from ETH in 2017. SIX has been investing in the company via the SIX Fintech Venture Fund since 2021. Mysten Labs is also one of the existing investors. Building on its success in sectors such as finance and healthcare, Anapaya plans to extend its reach into new industries where a secure internet infrastructure is essential, including energy and payment systems. "I am firmly convinced that together we can open up new international opportunities," Nagy Moustafa, investor and CEO of InfoSec Global, is quoted as saying. "With this investment, I hope to bring the vision of Adrian Perrig, the inventor of SCION, to life and provide the world with reliable and scalable connectivity."

Anapaya's innovative approach to network security represents a compelling value proposition for companies operating in today's digital landscape, according to Alex Vukajlovic, founder and CEO of Cape Capital. ce/js

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