
Elomia Health acquires Earkick to expand AI mental wellbeing platform
By Katherine Langford
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A startup with roots in Switzerland which provides banking infrastructure for the wealth industry has raised over $5m in seed funding. Light Frame has raised $5.1m in a seed funding round led by Fortino Ventures, with participation from Sidekick Partners, Tenity, Chamaeleon, and AltaIR Capital, alongside existing investors including Rogue Venture Partners, New Stack Ventures, and Studio Alpha. It previously raised $1.7m in a pre-seed round in 2024. Swiss American Light Frame, founded in 2024, is looking to replace what it sees as the “outdated” technology infrastructure used by traditional private banks. The startup provides core banking and portfolio management software for private banks, wealth managers and asset managers. The startup was founded by key personnel who worked at Swiss digital private bank Alpian. Through its cloud and API-platform, the startup says wealth managers can manage customers’ investment portfolios and assets, process investment and corporate transactions, am