Crunchfish

Crunchfish Gesture Interaction releases version 2.4 of XR Skeleton with the largest technical advancements to date

Crunchfish Gesture Interaction announces the release of version 2.4 of XR Skeleton SDK. The latest version based on the XR Skeleton Platform is packed with improvements to help customers and partners create successful XR experiences.

This week the main XR industry event in Europe, Augmented World Expo – AWE EU, took place in Vienna, Austria. Ahead of the event the engineering team at Crunchfish Gesture Interaction laid the final touches on the new XR Skeleton release and the latest advancement in hand-tracking and gesture interaction was showcased to customers, partners and prospects at the event.

Lots of Software Engineering efforts have been put into this release. It is the most accurate and performant version to date. Improvements particularly notable are reduced finger jitter and increased stability making the user experience much more reliable and natural. This is a common challenge in hand-tracking and a divider of leading hand-tracking companies from others. As one of few independent hand-tracking providers this brings Crunchfish Gesture Interaction to the very front.

“The opportunity to meet and make new acquaintances at AWE EU with these improvements at hand spurs conversations and generates leads. There are many XR device players active in this growing market and Crunchfish Gesture Interaction is prepared and ready to work with them. Our XR Skeleton SDK and XR Skeleton Platform makes us a great choice for hardware and solution makers within AR, VR and Automotive“, says Fredrik Clementson, CEO at Crunchfish Gesture Interaction.

“I’m very proud of our team having delivered this new version in a short time, leveraging on our flexible XR Skeleton architecture”, says Jens-Henrik Lindskov, R&D Director at Crunchfish Gesture Interaction.

For more information:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

The information was submitted for publication, through the agency of the contact person set out above, at 10:30 CEST on October 27th, 2023.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

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Crunchfish presents secure and scalable offline payments by Digital Cash at Aktieportföljen Live

Crunchfish Group CEO Joachim Samuelsson will present Crunchfish’s pioneering Digital Cash solution at Aktieportföljen Live today on Tuesday, October 24. The focus is on Crunchfish’s unique ability to deliver secure and scalable offline payments for digital wallets and CBDC implementations in India and other parts of the world.

Crunchfish is currently financing the company by a rights issue. The subscription period has started and ends on November 1st, 2023. Crunchfish is pleased to participate today at Aktieportföljen Live, a digital event for professional and private investors in Sweden and Denmark. The Crunchfish presentation will be in English. Watch the presentation live via this link between 14:45-15:15 CEST, including a 10-minute moderator Q&A session.

 

Prospectus, a teaser and information on how to subscribe for shares regarding Crunchfish rights issue is available at https://www.crunchfish.com/investors/equity-raises/.

 

For more information:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

The information was submitted for publication, through the agency of the contact person set out above, at 10:30 CEST on October 24th, 2023.

 

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.
 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se Telephone +46 40 200 250.

 

 

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Correction of prospectus regarding Crunchfish’s rights issue

On October 16th 2023, Crunchfish AB (“Crunchfish”) published an EU Growth Prospectus in Swedish (the “Prospectus”) regarding the rights issue announced through a press release on September 20th, 2023 (the “Rights Issue”). Erroneously, information concerning inventions related to the Company’s operations within Digital Cash was included in a table relating to the Company’s gesture control business in the Prospectus.

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.

Due to the erroneous inclusion of information concerning inventions related to the Company’s operations within Digital Cash in a table relating to the Company’s gesture control business in the Prospectus, the following table replaces the table on page 31 of the Prospectus regarding patents related to the Company’s gesture control business:

UPPFINNING PRIORITET FRÅN STATUS LÄNDER
Strömmen kan slås på en AR/VR-enhet genom att snedställa enheten. 2012-08-03 Beviljade patent Sverige, Tyskland, Frankrike, Storbritannien och USA
Slumpmässigt lägga ut siffertangenterna i en PIN-kods-display för upplåsning eller vid auktorisering i en AR/VR-enhet. 2012-08-03 Beviljade patent Tyskland, Frankrike och Storbritannien
Användaren av en AR/VR-enhet får en visuell vägledning av vilken gest som förväntas vid interaktionen. 2017-05-30 Beviljade patent Sverige, USA och Kina

The correction does not apply to the English version of the Prospectus.

For more information:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CEST on October 24th, 2023.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.
 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se Telephone +46 40 200 250.

Important information

The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares or other securities in Crunchfish. No action has been taken and measures will not be taken to permit a public offering in any jurisdictions other than Sweden, Denmark, Finland and Norway. Any invitation to the persons concerned to subscribe for shares in Crunchfish has only be made through the Prospectus that Crunchfish published on 16 October 2023 on Crunchfish’s website, https://www.crunchfish.com. The approval of the Prospectus by the Swedish Financial Supervisory Authority shall not be regarded as an approval of the shares or any other securities. This release is however not a prospectus in accordance with the definition in the Prospectus Regulation (EU) 2017/1129 (“Prospectus Regulation”) and this announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in shares or other securities in Crunchfish. In order for investors to fully understand the potential risks and benefits associated with a decision to participate in the Rights Issue, any investment decision should only be made based on the information in the Prospectus. Thus, investors are encouraged to review the Prospectus in its entirety. In accordance with article 2 k of the Prospectus Regulation this press release constitutes an advertisement.

The information in this press release may not be released, distributed or published, directly or indirectly, in or into the United States of America, Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa, South Korea, Switzerland or any other jurisdiction in which such action would be unlawful or would require registration or any other measures than those required by Swedish law. Actions in violation of these restrictions may constitute a violation of applicable securities laws. No shares or other securities in Crunchfish have been registered, and no shares or other securities will be registered, under the United States Securities Act of 1933, as amended (the “Securities Act”) or the securities legislation of any state or other jurisdiction in the United States of America and no shares or other securities may be offered, sold or otherwise transferred, directly or indirectly, in or into the United States of America, except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States of America.

Within the European Economic Area (“EEA”), no public offering of shares or other securities (“Securities”) is made in other countries than Sweden, Denmark, Finland and Norway. In other member states of the EU, such an offering of Securities may only be made in accordance with an applicable exemption in the Prospectus Regulation. In other member states of the EEA which have implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption in the Prospectus Regulation and/or in accordance with an applicable exemption under a relevant national implementation measure. In other member states of the EEA which have not implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption under national law.

In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) high net worth entities etc. falling within Article 49(2)(a) to (d) of the Order; or (iii) such other persons to whom such investment or investment activity may lawfully be made available under the Order (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.

This press release may contain forward-looking statements which reflect the Company’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.

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Publication of prospectus regarding Crunchfish AB’s rights issue

Crunchfish AB (“Crunchfish” or the “Company”) has prepared an EU Growth Prospectus (the “Prospectus”) regarding the rights issue of units announced through a press release on September 20th, 2023 (the “Rights Issue”). The Prospectus has today, October 16th, 2023, been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen)

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.  

The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority. The Prospectus will be available on Crunchfish's website (https://www.crunchfish.com/investors/equity-raises/), Västra Hamnen Corporate Finance AB's website (http://www.vhcorp.se) and on the Swedish Financial Supervisory Authority's website (http://www.fi.se).

For further information regarding the Rights Issue, please refer to the published Prospectus.

Advisors
Västra Hamnen Corporate Finance AB is financial advisor and Setterwalls Advokatbyrå AB is legal advisor to Crunchfish in connection with the Rights Issue. Nordic Issuing AB acts as issuer agent in connection with the Rights Issue.

For more information:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

The information was submitted for publication, through the agency of the contact person set out above, at 9:30 CEST on October 16th, 2023.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.
 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se Telephone +46 40 200 250.

Important information

The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares or other securities in Crunchfish. No action has been taken and measures will not be taken to permit a public offering in any jurisdictions other than Sweden, Denmark, Finland and Norway. Any invitation to the persons concerned to subscribe for shares in Crunchfish will only be made through the Prospectus that Crunchfish published on 16 October 2023 on Crunchfish’s website, https://www.crunchfish.com. The approval of the Prospectus by the Swedish Financial Supervisory Authority shall not be regarded as an approval of the shares or any other securities. This release is however not a prospectus in accordance with the definition in the Prospectus Regulation (EU) 2017/1129 (“Prospectus Regulation”) and this announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in shares or other securities in Crunchfish. In order for investors to fully understand the potential risks and benefits associated with a decision to participate in the Rights Issue, any investment decision should only be made based on the information in the Prospectus. Thus, investors are encouraged to review the Prospectus in its entirety. In accordance with article 2 k of the Prospectus Regulation this press release constitutes an advertisement.

The information in this press release may not be released, distributed or published, directly or indirectly, in or into the United States of America, Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa, South Korea, Switzerland or any other jurisdiction in which such action would be unlawful or would require registration or any other measures than those required by Swedish law. Actions in violation of these restrictions may constitute a violation of applicable securities laws. No shares or other securities in Crunchfish have been registered, and no shares or other securities will be registered, under the United States Securities Act of 1933, as amended (the “Securities Act”) or the securities legislation of any state or other jurisdiction in the United States of America and no shares or other securities may be offered, sold or otherwise transferred, directly or indirectly, in or into the United States of America, except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States of America.

Within the European Economic Area (“EEA”), no public offering of shares or other securities (“Securities”) is made in other countries than Sweden, Denmark, Finland and Norway. In other member states of the EU, such an offering of Securities may only be made in accordance with an applicable exemption in the Prospectus Regulation. In other member states of the EEA which have implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption in the Prospectus Regulation and/or in accordance with an applicable exemption under a relevant national implementation measure. In other member states of the EEA which have not implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption under national law.

In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) high net worth entities etc. falling within Article 49(2)(a) to (d) of the Order; or (iii) such other persons to whom such investment or investment activity may lawfully be made available under the Order (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.

This press release may contain forward-looking statements which reflect the Company’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.

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Crunchfish Gesture Interaction announces a subscription-based offering on Epson Moverio AR platform

During the Moverio Developer Conference in Barcelona, Crunchfish Gesture Interaction announced that the company has created a subscription-based software offering to the Epson Moverio app developer community.

The SDK allows app developers to make use of Crunchfish Gesture Interaction’s leading hand-tracking algorithm to build touchless spatial interaction on Epson Moverio BT devices equipped with a camera. The Epson Moverio platform facilitates app developers to create true AR experiences. Developers participating in the Moverio developer conference will receive the first invites to the early access program of the new service.

With this announcement, Crunchfish becomes a Software as a Service company as this is the first Crunchfish product to be delivered as a Service. The subscription model comes in two tiers: a professional tier serving one Moverio app and a custom enterprise tier for more advanced configurations. Visit Crunchfish Gestures product page for more information or start your subscription today at Crunchfish gestures developer portal.

“This subscription-based software offering is a result of great collaboration with Epson Moverio and by making the SDK available we add significant value to the Moverio app developer community. I’m very excited to explore how the subscription-based model will be adopted as this is how developers like to consume software today and lowers the threshold to get started with our hand-tracking technology," said Fredrik Clementson, CEO of Crunchfish Gesture Interaction.

“Epson is striving to create a dynamic ecosystem around the Moverio Augmented Reality Smart Glasses platform. Crunchfish’s Gesture Interaction SDK is a new powerful tool available for our software partners allowing them to integrate gesture commands into their Moverio applications to enable innovative types of user interactions,” said Marc-Antoine Godfroid, Manager of EMEA New Market Development at Epson Europe.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

The information was provided by the contact person above for publication on 27th September 2023 at 09:00 CET.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

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Crunchfish Q2 webinar

Crunchfish AB (“Crunchfish”) Q2 webinar is now available, where Crunchfish CEO Joachim Samuelsson is interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.

The webinar about Crunchfish interim report for Q2 2023 is now available via the following link: Webinar Q2

Crunchfish interim report for Q2 2023 is available via the following link:
Crunchfish Q2

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

This information was provided by the contact person above for publication on 24 August 2023 at 14:50 CET.
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish are a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish are listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

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