6. April 2022 – On 6 April 2022, LORIOT announced the closing of the Series A Financing Round with WIKA Group as investor. LORIOT is a global IoT company, founded in Switzerland in 2015, with the mission to enable long-range IoT solution deployments in every corner of the globe (and even space!).

Walder Wyss advised LORIOT on all legal aspects of this financing round. The team was led by Florian Gunz Niedermann (Partner, Corporate/M&A) and further included Christoph Zaugg (Senior Associate, Corporate/M&A), Jenny von Arx (Trainee, Corporate/M&A) and Fabienne Limacher (Partner, Tax).