Sign In
NewsRadar

Delta invests €2.5 million in Zapa and €2.9 million in SpineGuard

3 July 2009 21:40
By Tornado Staff

Irish start-up company Zapa Technology has raised an investment of €2.5 million from Delta Partners. Zapa will soon launch its so-called ZapaTag, which promises to be a new customer loyalty technology that uses Near Field Communications (NFC) over mobiles.

Zapa claims to be the first in Europe to deploy NFC technology in a scaled environment. NFC is a technology that should be deployed on all new mobile handsets over the coming years. It should take about three years for all mobile handsets to be NFC compliant. Zapa hopes to bridge this deployment gap by introducing the ZapaTag and deploying contactless readers at the point of sale.

The ZapaTag is technology for customer loyalty schemes. When fixed to the mobile phone, the ZapaTag allows customers to tap at the retailer’s cash register and receive loyalty bonuses and rewards. However, Zapa could target additional applications for its technology. These include the ability to redeem loyalty rewards from advertising posters to payment facilities. The product also provides the retailer with market intelligence in terms of customer profile.

The investment from Delta will support the company in establishing its market position in Ireland, by rolling-out applications from customer loyalty schemes to NFC payments. It intends to showcase its country as a center of excellence for the scaled deployment and execution of NFC services, reaching out to the wider markets of Europe.

Yesterday, French medical device company SpineGuard announced that Delta Partners invested €2.9 million in its first round of funding. Delta’s investment completes the round totaling €11.3 million. The round was first announced early April when Crédit Agricole Private Equity (lead), Innoven Partenaires (co-lead), and A Plus Finance committed €8.4 million. Co-founded this year by former executives at Medtronic Sofamor-Danek and SpineVision, SpineGuard’s objective is to establish its FDA-cleared and CE Marked PediGuard device as the standard of care for safer pedicle screw placement in spine surgery.



Related stories
Solar energy back on VCs' agenda?
Deal activity in Europe: London is back on top (after five years)
Interim score for 2014 deal activity: UK back in pole position
A Top VC’s Silicon Valley Update - Matthew Howard, NVP
Partech Ventures raises €160 million for venture and seed funds


Up
Data


19,628
Tech investments
From our Online Data Service
12,643
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Mar 24€7.3MWireless applications
Mar 24€15.0MBusiness applications
Mar 24€8.3MKnowledge management
Mar 22€1.2MDisplays
Mar 20€1.8MRobotics
Mar 17N/ADiagnostics
Mar 17€0.5MInternet commerce

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Mar 26
audibene (acquired by Sivantos)
sivantos and audibene enter strategic partnership and investment ag...

Mar 25
Mucosis
mucosis to present on intranasal respiratory syncytial virus vaccin...

Mar 24
Falcon Social
falcon social raises $16m in b-round financing from prime ventures,...

Mar 24
SkyCure
skycure secures $8 million series a investment from shasta ventures...

Mar 24
GreenPeak Technologies (previously Xanadu Wireless)
greenpeak launches smart pir sensor for smart home applications





About usContact usLegal Information
Copyright © 1999-2015
Emerging Technology Research Europe Inc. All rights reserved.