Uepaa AG commercializes a unique wireless Peer‑to‑Peer networking stack (UepaaNet) licensed exclusively from ETH Zürich and has productized it in consumer and B2B offerings. Its first use case, the Uepaa! Alpine Safety App, launched in October and lets users remain connected and exchange location‑based direct communications where networks are unavailable. The company reports a user base of over 30,000 following four months of activity, international events, and awards. Uepaa AG owns the scalable networking stack and holds the worldwide license for the underlying technology, which it views as superior to existing immature peer‑to‑peer standards. Financially, the company has completed a capital increase and equity financing activity, bringing total equity raised to CHF 4.5 million including Round A in 2011. Planned uses of the new capital include strengthening B2B partner collaboration, investing in marketing, and continuing an international roll‑out through 2014. Uepaa is a Zurich-based startup developing technology to turn smartphones into alpine tracking, alert, and rescue devices that directly connect to other phones. Founded on January 31, 2012 by Mathias Haussmann and Dr. Franck Legendre, the company aims to improve safety for outdoor sport practitioners in Alpine environments. Uepaa closed over CHF1.5M in a Series A financing to transfer its technology from ETH Zurich and complete product development. The company plans to use the funds for marketing and sales efforts in its pilot market, the European Alps. Post-investment the company's board includes Dr. Rolf Baumgartner (an investiere investor) as Chairman, Dr. Claus Martini and Michel Kaufmann. Backers listed in the round include the Cantonal Bank of Zurich, private investors through the investiere platform (run by Verve Capital Partners AG), and other corporate investors.

Total raised

$5M

Funding rounds

2

Latest round

Series B

Latest activity

Feb 2014