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After more than 20 years as Head of Certifications at the Swiss Safety Center, Heinrich A. Bieler will be taking his well-deserved retirement in June 2025. He is handing over his life’s work, the certification body that he has built up into a renowned player in the Swiss certification market, to his successor. His successor is Michael Grünenfelder, Dr. oec. HSG.
After more than 20 years as Head of Certifications at the Swiss Safety Center, Heinrich A. Bieler will be taking his well-deserved retirement in June 2025. He is handing over his life's work, the certification body that he has built up into a renowned player in the Swiss certification market, to his successor.
His successor is Michael Grünenfelder, Dr. oec. HSG. As an experienced leader in the professional services industry, Michael Grünenfelder has headed national and international departments as a line manager and has extensive experience in managing large projects and project teams for infrastructure projects (thermal power plants and renewable energies). He also has extensive experience in working with authorities and in the area of compliance, avoiding conflicts of interest and ensuring impartiality.
His practical experience in the field of certification includes numerous use cases for process optimization and the development of management systems according to various standards.
Dr. Elisabetta Carrea, CEO of Swiss Safety Center AG, sees the appointment of Michael Grünenfelder as the new head of the certification body as an opportunity to consolidate the company's position as a renowned and leading certification provider in Switzerland and at the same time to continue the successful path for further growth in this area.
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Wetzikon ZH – Veloplus has added two mountain bike models to its range of children’s bikes. The 20-inch FLiZZi MTB is designed for children between the ages of five and eight, while the 24-inch version is for children aged eight and over. The new bikes are presented at Cycle Week in Zurich.
(CONNECT) Veloplus AG is expanding its range of self-developed children's bikes with two mountain bike models. The FLiZZi-MTB 20-inch and the FLiZZi-MTB 24-inch are characterised by a lightweight aluminium frame, child-friendly ergonomics and details such as easy-to-operate gearshifts, Veloplus explains in a press release. The bicycle and bicycle accessories supplier is presenting its two new products for children at Cycle Week in Zurich until May 25.
Like the other children's bikes in the FLiZZi range developed by Veloplus, the new mountain bikes are not simply a scaled-down version of an adult bike, but are specially designed for the anatomy and needs of children. The 20-inch FLiZZi-MTB therefore does not have a suspension fork, for example, as this is “hardly functional for the target group's body weight and makes the bike unnecessarily heavy”, explains Veloplus. The damping is provided by voluminous tires instead. The FLiZZi MTB 24 inch has an 80 millimeter air suspension fork in the front frame for damping. Like all FLiZZi bikes, the new children's mountain bikes are equipped with extra-long saddle rails and a special flip-flop stem to adapt the bike to the child's growth. ce/hs
Veloplus has developed two mountain bikes especially for children. Image: zVg/Veloplus AG
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Zurich – Venture has selected the finalists for the venture competition 2025 from a record number of applications. A jury of 215 people selected ten projects from each of six sectors. The second jury round with mentors and pitch training now awaits them.
(CONNECT) Venture has announced this year's 60 finalists. According to a press release, 396 applications were received for this year's competition, more than ever before. The award ceremony will take place on June 23, 2025 at the Swiss Federal Institute of Technology in Zurich(ETH).
The competition supports aspiring entrepreneurs in developing their business ideas into successful start-ups. Each of the submissions was evaluated by experts from science, business and investment. The 215 jury members applied criteria such as innovation, market potential, feasibility and team strength.
Ten of the finalists are active in each of the six venture sectors: Health and Nutrition, ICT, Finance and Insurance, Industry and Engineering, Retail and Consumer Services and Social and Environmental Affairs. According to the information provided, the applications came from almost all parts of Switzerland and a particularly large number from Zurich. There are three start-ups from the Züri Innovationspark(BZI) office, including the DNAir team, which moved in this year and specializes in biodiversity monitoring. A total of seven start-ups are former or current participants of the RUNWAY Startup Incubator, a program of the Center for Entrepreneurship at the Institute for Innovation and Entrepreneurship of the Zurich University of Applied Sciences(ZHAW). These include the agrifood data company Terensis and Ionic Wind, whose founding team has developed a new cooling technology.
In the coming weeks, the finalists will be brought together with mentors and will be able to network with each other as well as with other experts. Pitch training prepares them for the final presentation of their business idea. Finally, three projects from each of the six competition sectors will emerge as venture winners.
Venture was founded in 1997 by Dr. Thomas Knecht. As a joint initiative of ETH and the Swiss Federal Institute of Technology Lausanne, McKinsey & Company, the Knecht Group and Innosuisse, venture has been managed by the Venture Foundation since 2013. ce/mm
Borobotics-Mitgründer Moritz Pill konnte 2024 den Grand Prize von Venture entgegennehmen. Bild: venture foundation
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At LEADERS IN DIALOGUE 2025, we explore why courage and confidence are essential key skills for successful leadership. In inspiring dialogs and practical impulses, we discover how courage and confidence help us to master challenges, seize opportunities and carry others along with us. After all, leadership also means taking responsibility and shaping the path to the future – even in uncertain times.
We offer a creative meeting and inspiration space for managers in traditional management functions and those who manage internal projects, take on a leadership role in self-organized teams, hold political and church offices, have started a (voluntary) initiative or are pregnant with a start-up idea.
We use expert knowledge in a different way: Dr. Melanie Wolfers inspires us as a keynote speaker with two keynote speeches on the topics “How to deal courageously with uncertainty” and “How to strengthen your own confidence”. And the special thing is: Melanie stays with us all day as a discussion partner and takes part in the small and large rounds of dialog.
We organizers (Myriam Mathys and Franziska Gottschalk) are also making our content-related and methodological expertise available to you: In a carefully designed dialog process, the individual expertise of everyone attending LEADERS IN DIALOGUE on June 30, 2025 with a focus on “The Power of Courage and Confidence” can flow in directly, so that inspiring insights can develop for everyone. – We look forward to seeing you there!
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Zurich/Cologne – Zurich-based MoveAgain AG is taking over the ailing moving platform Movinga from Cologne. By integrating the much larger German company, MoveAgain aims to become the leading digital relocation service provider in Europe. Movinga will remain as a brand.
(CONNECT) Zurich-based MoveAgain AG is acquiring the German moving platform Movinga, which has run into financial difficulties. "David takes over Goliath" writes the Swiss relocation platform in a corresponding press release. By integrating the much larger company Movinga, MoveAgain aims to become the leading digital relocation service provider in Europe. No details of the purchase price are given in the announcement.
Movinga is active in Germany, Austria, France, Sweden and Switzerland. "By pooling our expertise and focusing on service quality, we are creating a platform on which we can offer our customers even more efficient and seamlessly integrated services," MoveAgain CEO Dominic Schütz is quoted as saying in the press release. Movinga from Cologne is to be retained as a brand under the MoveAgain umbrella. As a first step, MoveAgain plans to integrate the Movinga portal in Switzerland and Germany by the end of the year. France, Sweden and Austria will gradually follow later. ce/hs
The integration of Movinga should make MoveAgain the leading digital moving service provider. Symbolbild: Jens-Olaf Walter/flickr/CC BY-NC 2.0
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Zurich/Bern – DeepJudge founder Paulina Grnarova has been named Young Entrepreneur of the Year at the SEF.WomenAward. Alpiq CEO Antje Kanngiesser was named CEO of the Year. The honorary award went to Zattoo founder Bea Knecht.
(CONNECT) At the fifth SEF.WomenAward from NZZ Connect, Paulina Grnarova received the prize for Young Entrepreneur of the Year. Born in North Macedonia, she founded DeepJudge in Zurich in 2021. The spin-off from the Swiss Federal Institute of Technology in Zurich (ETH) has developed artificial intelligence (AI)-based software that makes it possible to find, analyze and link data sources such as law books, court rulings, commercial registers and encyclopedias.
"Under her leadership, DeepJudge has made significant progress and has been recognized in the industry," according to a brief portrait by the Swiss Economic Forum (SEF). She was included in the prestigious Forbes 30 under 30 list "and, as a female CEO with a strong technical background, is setting an example in the male-dominated fields of law and technology". In an oversubscribed seed financing round in 2025, DeepJudge raised almost 10 million Swiss francs for further expansion.
"I am incredibly proud of how far we have come with my DeepJudge team in such a short time," says Grnarova on LinkedIn. "What began as an idea after our doctorate at ETH Zurich has developed into Switzerland's leading AI start-up, which serves thousands of lawyers in leading law firms worldwide."
The honorary award winner of the year is Bea Knecht. She receives the award as an exceptional personality who has spent her life working for a strong Swiss economy. Knecht founded the streaming service Zattoo in 2005. She relinquished the position of Managing Director in 2012 and has since acted as Vice President of the Board of Directors. According to the SEF jury, it is also committed to sustainable corporate governance, promoting women in tech professions and supporting start-ups.
Entrepreneur of the Year is Antje Kanngiesser. She has been CEO of the Alpiq energy group since March 2021. According to SEF, her focus is on the strategic realignment and consistent transformation of business models and companies. "Humor, value-based modern leadership and consistent cross-team collaboration with a passion for performance and success are her tools." ce/mm
Paulina Grnarova (right), founder of DeepJudge, has been named Young Entrepreneur of the Year at the SEF.WomenAward. Photo: SEF.WomenAward 2025
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Zurich/Winterthur – The Zurich University of Applied Sciences (HWZ) and the Swiss Startup Association are joining forces to dovetail science and practice. As a first step, the CAS Entrepreneurship HWZ will be launched. Further joint projects are to follow.
(CONNECT) The Zurich University of Applied Sciences and the Swiss Startup Association are entering into a strategic partnership to strengthen the Swiss startup ecosystem, the HWZ announced in a press release. The university only offers part-time degree programs and aims to "become the most entrepreneurial university in Switzerland", the statement continues. The Swiss Startup Association has more than 1800 members and uses its network to represent the interests of the Swiss startup scene.
As a first step, the two partners want to launch the CAS Entrepreneurship HWZ part-time degree program. In the press release, HWZ Rector Brian Rüeger explains that it will teach participants "important entrepreneurial skills with a strong practical focus". "Our aim is to promote entrepreneurship in a targeted manner and provide founders with the necessary tools." The new course will be offered for the first time from September 19, 2025.
Further projects are to follow. Among other things, the press release mentions further training programs for start-ups with certification by the HWZ as well as research projects on relevant start-up topics. A think tank for start-ups is also planned. "The close cooperation with the HWZ is an important milestone for us," explains Raphael Tobler, President of the Swiss Startup Association. "Together, we can create innovative educational programs that help start-up founders in concrete ways." ce/hs
The Zurich University of Applied Sciences in Business Administration and the Swiss Startup Association are joining forces to promote the Swiss start-up ecosystem. Symbolbild: James Oladujoye/Pixabay
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Zurich/Basel – The Deep Tech Nation Switzerland Foundation (DTN) and the Startupticker Foundation have jointly launched an information platform. Private or institutional investors can use it to find out about start-ups and investment opportunities.
(CONNECT) The Zurich-based Deep Tech Nation Switzerland Foundation (DTN) and the Basel-based Startupticker Foundation have launched a joint information platform for investors. According to a press release, both private venture capitalists and institutional investors can find out about start-ups and their business models on the deeptechnation.ch platform.
According to its initiators, the platform is intended as a central point of contact where interested parties can find out about Switzerland's decentralized DeepTech ecosystem. To this end, both foundations want to pool their expertise and resources.
"The information platform reflects our commitment to increasing available growth capital," Joanne Sieber, CEO of DTN, is quoted as saying in the press release. "By efficiently pooling information about the Swiss deep tech ecosystem, we deliver a compelling message about the significant financial opportunities that investors can find in Swiss innovation."
Stefan Kyora, editor-in-chief of startupticker.ch, sees the initiative as an opportunity to provide investors with clarity and the necessary information on the start-up scene.
In addition to the two initiators, the platform is supported by Gebert Rüf Stiftung, Basel Area Business & Innovation, IMD, Innosuisse, SICTIC, Swiss Startup Association, Swisscom Ventures, Startfeld and UBS. ce/ww
The Deep Tech Nation Switzerland Foundation and the Startupticker Foundation have launched a platform for start-up investors. Symbolbild: geralt/Pixabay
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Schlieren ZH – The IFJ Institute for Young Entrepreneurs has published the new Startup Guide for the year 2025. It contains handouts for setting up a company and offers support for company founders. The focus is on the twelve do’s for founders.
(CONNECT) "Design your company. Take off with your company" is the title of the IFJ Institute's Startup Guide for young companies. According to an announcement, the focus is on the twelve do's - or commandments for action. "In our Startup Guide, we provide you with the 12 key success factors that will prepare you optimally for founding and launching your company," says the 32-page Startup Guide, which can be downloaded from the IFJ website.
These twelve do's are based on the findings of experienced experts and provide the necessary knowledge and tools to turn the dream of your own company into reality. The twelve focal points are: Vision, company foundation, team, focus, customer management, marketing, sales, network, finance, crisis management, innovation and further development. There is detailed information on each individual point of these recommendations for action.
The "3 most common mistakes" made when setting up a company are also highlighted. According to the IFJ, these are: "Accept everything: Threat of overload and inefficiency." Regarding the mistake of ignoring market needs, it says: "Focus on solutions with broad market potential." The third mistake is: "Not setting priorities: Time and money are lost on the wrong projects."
The history of LensContact AG in St.Gallen is presented as an example of a successful company foundation. Founder Danica Djordjevic is active in the field of contact lenses. In this interview, she talks about her self-employment. LensContact specializes in tailor-made contact lens solutions. ce/gba
The IFJ Institute for Young Entrepreneurs has published the new Startup Guide for 2025. Symbolbild: Pixabay
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Zurich/Thimphu – The Zurich School of Business (HWZ) is supporting the Himalayan kingdom of Bhutan with its BEEP education programme. It combines Swiss educational and economic expertise with Bhutanese culture, in particular the principles of Gross National Happiness.
(CONNECT) With its Bhutan Entrepreneurial Education Program (BEEP), the HWZ aims to promote sustainable business ideas in Bhutan. It was developed by the HWZ together with the Department of Employment and Entrepreneurship, which is part of the Ministry of Economy in Bhutan. Close cooperation with local partners is essential for the success of the programme, explains Dr. Hugo Bigi in an interview about the project.
"What makes BEEP special is the combination of Swiss economic expertise and Bhutanese culture, in particular the principles of Gross National Happiness," explains Bigi. He is a specialist lecturer and principal lecturer at the HWZ and head of the BEEP project. It aims to empower Bhutanese entrepreneurs to develop sustainable business ideas and promote economic growth that is both socially and environmentally responsible.
According to Bigi, each module is designed to match the Gross National Happiness values. Bhutan's holistic approach to development places prosperity, cultural preservation and environmental protection above economic growth. "In doing so," says Bigi, "we not only teach traditional business management skills, but also focus on innovation, digitalisation and ethical entrepreneurship."
At the same time, the experiences in Bhutan, "the first CO2-negative country in the world" (Bigi), should also serve as inspiration for the HWZ and Switzerland, particularly with regard to the interplay between economic success and social responsibility. Bigi's ten-year goal is for BEEP to become "an independent centre for innovative, practice-oriented entrepreneurial education with a broad international network". ce/mm
With its Bhutan Entrepreneurial Education Programme, the HWZ aims to promote sustainable business ideas in Bhutan. Symbolic image: Han Minh Chu, CC BY 2.0 via Wikimedia Commons
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Zurich – The Swiss umbrella organization for corporate succession (CHDU) is once again presenting the Phoenix Award for long-term entrepreneurship in 2025. The CHDU has been able to gain the Renaissance Investment Foundation as a partner for the implementation and further development of the prize.
(CONNECT) This year, the Swiss umbrella organization for business succession is once again honoring SMEs that have been in existence for at least 100 years. Applications for this year's Phoenix Award for long-term Swiss entrepreneurship can be submitted online until May 31, the CHDU announced in a press release. The prerequisite for participation is that the company was founded in 1925 or was entered in the Swiss commercial register or is celebrating a milestone birthday over the 100th.
A jury will select up to three award winners from the applications received in a multi-stage process. Particular emphasis is placed on the company's ability to innovate and disrupt, its team performance and its contribution to society and the economy. The award ceremony will take place in the fall.
The Renaissance Investment Foundation will now support the CHDU as a partner organization in the implementation of this year's competition and the further development of the Phoenix Award. "Traditional companies play a very important role for Renaissance and the Swiss economy," Andreas Camenzind, Investment Director at Renaissance, is quoted as saying in the press release. According to him, the investment foundation currently has holdings in three companies that are more than 100 years old. "We therefore identify with the Phoenix Award for long-term Swiss entrepreneurship in a natural way." ce/hs
Last year, Fröhlich Info AG from Zollikon in the canton of Zurich received the Phoenix Prize. Image: zVg/Swiss Association for Business Succession
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The “Phoenix Award for long-term Swiss entrepreneurship” is entering its sixth year. With its Succession Award, the Swiss Umbrella Association for Corporate Succession – CHDU honors Swiss SMEs that have successfully mastered their succession for at least a century. Potential winners for the Phoenix Award 2025 are independent Swiss SMEs that have been entered in the Swiss commercial register for 100 years or are 100 years old this year. Companies that meet the following criteria can now apply directly at www.phoenixaward.ch:
Founded in 1925
OR
Registered in the Swiss commercial register in 1925
OR
Celebrate a milestone birthday over 100, e.g. 110th, 125th, 200th. etc.
Swiss SMEs
Group-independent resp. privately managed
The registration deadline is May 31, 2025.
We look forward to receiving an application from your company or a relevant company from your network.
Initiatives
M01N is a community of startups, corporates and investors. After setting up the largest startup event in Northern Germany and international side events in Singapore, we are bringing M01N to Switzerland. On February 20, 2025, we will be hosting the M01N Startup Camp Rapperswil with 1,000 startup enthusiasts.
Our motto: START – FAIL – SUCCEED –> 3 HACKs to the Future
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It pays to promote health in the workplace. After all, healthy employees are more productive and motivated and make a significant contribution to a company’s success. Are you at the very beginning? And would you like to know how you can improve the health of your employees? Take the first step towards occupational health management with us. Get information, tips & tools at the free intro session of the Forum BGM Zurich and Health Promotion Switzerland.
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It pays to promote health in the workplace. After all, healthy employees are more productive and motivated and make a significant contribution to a company’s success. We show you how you as an SME can strengthen the health of your team without much effort.
Link to registration: Tuesday, August 19, 11:00 a.m.-12:00 p.m.
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Zollikon ZH/Zurich – Fröhlich Info AG from Zollikon has won the Phönix Award 2024 for companies with up to 50 employees. The Swiss umbrella organization for business succession awards the prize to family businesses that have been successfully managing their succession for at least 100 years.
The Swiss umbrella organization for company succession(CHDU) has presented Fröhlich Info AG with this year's Phoenix Award for companies with up to 50 employees. The award recognizes family businesses "that have mastered their succession planning for at least a century", writes the CHDU in a press release on the award ceremony. The award-winning media and communications company with its own print shop in Zollikon is celebrating its 100th anniversary this year. Anniversary.
Fröhlich Info AG is currently managed by the fourth generation of the family on the Executive Board and the third generation on the Board of Directors. The jury was won over by the family business with its consistent and forward-looking succession plan and several family members working in the company, according to the press release. Further evidence of the award's worthiness includes the "early development of the business model", a "commitment to sustainability" and "pronounced innovation potential and commitment to preserving the print industry".
Family entrepreneur Anja Jenner, member of the Phoenix Award jury, expressed her respect for Fröhlich Info AG's courage and commitment "in an industry that has been pushed back by digitalization". Samuel Mösle, Co-Head of Location Promotion for the Canton of Zurich, paid tribute to the "incredible achievement of keeping a company going for 100 years and successfully mastering challenges ranging from succession planning to permanent change in the market and the world of work". ce/hs
Die Fröhlich Info AG hat den diesjährigen Preis für langfristiges Schweizer Unternehmertum des Schweizer Dachverbands für Unternehmensnachfolge erhalten. Bild: zVg/Schweizer Dachverband für Unternehmensnachfolge
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Winterthur – Lumexus will take over the management of the Naturwissenschaftliche Gesellschaft Winterthur (NGW) at the beginning of October. The advertising agency from Winterthur won a corresponding tender. Lumexus follows in the footsteps of u&m projekte GmbH.
Lumexus will take over the management of the Naturwissenschaftliche Gesellschaft Winterthur on October 1, the Technopark Winterthur-based company specializing in communication, marketing, IT and administration announced in a press release. Lumexus won the corresponding tender for the position last spring. "We are very proud to be able to support this highly relevant scientific society in the current environment of fake news and disinformation," Lumexus Co-Managing Director David Peran is quoted as saying in the press release.
The six-strong team from Winterthur succeeds u&m projekte GmbH, which is also based in Winterthur. She had led the NGW in recent years in setting up and establishing the office. In addition to his new involvement with NGW, Lumexus is also active in the management of the energie bewegt winterthur association. The company has also been responsible for communication at Technopark Winterthur since the end of 2023. ce/hs
NGW President Michael Oettli (left) and Lumexus Co-Managing Director David Peran (right) in the new headquarters of the Winterthur Natural Science Society in the Technopark Winterthur. Image: Vini cio Melchioretto/Lumexus
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Zurich – Funk has once again been recognized by kununu as one of Zurich’s top employers in the category of companies with up to 250 employees. The Funk Group is represented in Switzerland and Liechtenstein.
The Funk Group in Zurich, which is active in pension and insurance management, has been classified as a Top Employer 2024, according to a statement from kununu. The award is given to companies that have been rated particularly highly by employees on the kununu platform for evaluating employers. After 2022, Funk was once again recognized as a top employer in Zurich in the category of companies with up to 250 employees (SMEs).
This award underlines the company's ongoing commitment to a positive work culture, employee satisfaction and progressive working conditions, according to a Funk Group press release. "We are delighted that we have once again achieved 1st place after our outstanding result in 2022. We see ourselves as a team that invests together in the culture and development of the company," says Rolf Th. Jufer, Partner and Member of the Executive Board of Funk Switzerland and Liechtenstein.
"Our journey to becoming the leading integral risk management service provider has now really taken off. The fact that the feedback from the team has been so great during this intensive change process is inspiring," continues Jufer. The selection of the best employers is based on the ratings given by employees on the kununu platform. Aspects such as working atmosphere, work-life balance, career opportunities and the relationship with superiors were highlighted as particularly positive. Funk stands out for its high level of employee satisfaction and strong sense of community, according to the Funk Group. ce/gba
Funk ist von kununu Top-Arbeitgeber ausgezeichnet worden. Bild: Funk-Gruppe, CC BY-SA 4.0 via Wikimedia Commons
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Zurich – Soap producer Soeder has gained Georges Kern, CEO and co-owner of watch brand Breitling, as an investor. Soeder manufactures sustainable soap products and intends to use the fresh capital to launch other cosmetic products on the market.
Zurich-based soap manufacturer Soeder wants to increase its market presence. According to a press release on Linkedin, the company has gained Georges Kern, CEO and co-owner of watch brand Breitling, as a new investor. Kern will also be a member of Soeder's Board of Directors in future, according to the press release.The parties involved have agreed not to disclose the amount of the investment. Georges Kern's expertise will help the company to open up new markets.
Soeder was founded in 2014 by the two Swedes Hanna and Johan Olzon Akerström. The company initially sold designer items, including soap products. Unsatisfied with the quality of these products, the founders began to experiment and produce their own soap.
One of the company's quality features is its focus on sustainable raw materials and products, as well as the option of selling soap products in refill bottles.
Soeder intends to use the new investment to launch new products such as shower gel and sun cream on the market. ce/ww
Soeder has secured Georges Kern as an investor. Image: Soeder
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Schlieren ZH – Ruf has launched a new microphone preamplifier on the market. The VisiWeb DMPE model is primarily intended for railroad applications. Thanks to its robust design, it can also be used in other areas.
Ruf has launched a new microphone preamplifier. The VisiWeb DMPE model is intended for use in rail and streetcar vehicles, according to a press release from the Schlieren-based information technology company. The application is intended to enable vehicle drivers to establish better contact with the control center or communicate better with passengers. The amplifier controls dynamic microphones in the vehicles, enabling better sound quality and reliability and thus making the work of staff easier.
In addition to its electro-acoustic advantages, the microphone preamplifier is built so robustly that it can also be used for other applications. The device complies with protection class IP67. This means that it is protected against dust and splash water and can withstand mechanical or electrical impacts without being damaged. The amplifier is operated with direct current in a voltage range of 24 to 110 volts.
According to the press release, the new microphone preamplifier has passed its first operational test in the streetcars modernized by Ruf in Halle an der Saale. ce/ww
Ruf has launched a new microphone preamplifier designed for railway operations. Image: Ruf Avatech AG
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Zurich/Winterthur – Swiss Life Asset Managers is acquiring Winterthur-based Condecta AG. The asset manager, which specializes in real estate and infrastructure, intends to expand the presence and product portfolio of the modular construction specialist.
Swiss Life Asset Managers has reached a binding agreement with Condecta AG on a complete takeover of the modular construction specialist from Winterthur, Swiss Life Asset Managers announced in a press release. The asset manager of the Swiss Life Group, which specializes in real estate and infrastructure, intends to expand Condecta's presence and offering. The Winterthur-based company is currently represented in Switzerland, Germany and Italy.
The two partner companies have agreed not to disclose the purchase price."The Swiss market for rental solutions in the modular space sector has potential, particularly in the public sector, industry, construction, architecture and the private sector, which require high-quality modular building solutions," said Gianfranco Saladino, Head Value-Add Infrastructure at Swiss Life Asset Managers, in the press release.
"Condecta, known for its high Swiss quality, is well positioned to meet the growing demand." According to Condecta CEO Olivier Annaheim, the company has found "the perfect new owner in Swiss Life Asset Managers to drive forward our growth and innovation plans and further expand our market leadership in the area of room systems in Switzerland".
For Matthew Dooley, Investment Director at Swiss Life Asset Managers, Condecta is "complementary to Swiss Life Asset Managers' extensive real estate and infrastructure business in Switzerland". ce/hs
Swiss Life Asset Managers will become the owner of Condecta AG from Winterthur. Image: Swiss Life Asset Managers
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As part of my Master’s thesis at the University of Zurich, I am investigating the motivation, challenges and well-being of entrepreneurs who have founded a company after the age of 50.
I am looking for people who are willing to share their valuable experiences in an interview. Your insights could make an important contribution to supporting and promoting entrepreneurs 50+.
The interview will last approximately 1 hour and will focus on topics such as your entrepreneurial motivation, the challenges you have faced and your general well-being. I will ask open questions and you will have enough time to answer them in detail. We can agree a suitable date and time together. The interview can be conducted either on site (at a location of your choice) or online via Zoom. As a thank you for your participation in the interview, we can offer you a voucher worth CHF 30.
I would be very happy if you could take the time to talk to me. Please let me know if you are available for such an interview and we will find a suitable date together. If you are not available, perhaps you can refer me to someone who is.
I would be very grateful if you could let me know if you know someone in your network.
Thank you very much for your support!
Maxine Knöpfel | Master student UZH | maxine.knoepfel@uzh.ch
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Zurich – GNL and Technopark Zurich are teaming up for health. Every Tuesday, the Zurich-based sports shoe brand invites people working at Technopark to take a group walk. The aim of #TechnoSteppers is to strengthen muscles and joints, reduce stress and improve mood.
GNL, the sports shoe brand based at Technopark Zurich, and Technopark Zurich want to motivate Technopark employees to do something for their health and well-being. To this end, the two partners have launched the #TechnoSteppers initiative. Every Tuesday at 12.30 pm since July 16, people are invited to take a 30-minute walk. The invitation is aimed at anyone who wants to get some fresh air over lunchtime, writes Technopark Zurich in a corresponding event description. Sportswear and sneakers are not required; you can walk in normal clothing. You can walk in any weather, except in thunderstorms and storms. "Numerous studies prove this: People who walk regularly strengthen their muscles, reduce the risk of cardiovascular disease and many other chronic illnesses and mobilize the immune system," says the event description. In addition, exercise releases happiness hormones. The fresh air is said to help you relax and improve your mood. The good supply of oxygen to the brain combats tiredness and supports the ability to think. Walking in a group can also strengthen social bonds and reduce loneliness and isolation. "Just give it a try - alone or with your whole team," advise GNL and Technopark Zurich. ce/hs
GNL has also outfitted ball boys and referees at the Swiss Open Gstaad with its shoes. Image: zVg/GNL
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Interlaken BE – The winners of the Swiss Economic Award 2024 have been chosen: FLOWIT wins in the Service category, Voliro in the Deeptech/Life Sciences category and QUMEA in the Production/Commercial category. The jury made its decision at the Swiss Economic Forum in Interlaken.
FLOWIT AG, Voliro AG and QUMEA AG have won this year's Swiss Economic Award in their respective categories, according to a press release. With this award, the Swiss Economic Forum(SEF) and its partners Helbling, Swisscom and UBS promote entrepreneurial thinking and young business talent in Switzerland. In total, over 100 young companies from all over Switzerland applied. In each of the three categories, only three companies made it to the final in Interlaken following a multi-stage selection process.
FLOWIT won the service category. The digital platform for personnel development from the start-up from Opfikon ZH enables focused team development, establishes a feedback culture among all employees and is based on diversity and inclusion as a matter of course. Since September, FLOWIT has acquired over 50 customers with more than 30,000 employees. According to the information provided, they were able to reduce their fluctuation costs by up to 50 percent with the Software-as-a-Service solution.
Voliro won the Deeptech/Life Sciences category. With its inspection, maintenance and repair drones, the Zurich-based start-up has developed a robotics-as-a-service offering. According to the press release, it was able to conclude 31 annual subscriptions within just 14 months. According to SEF, Voliro has thus proven that its innovative technology is also in great demand.
The Solothurn-based digital health company QUMEA came out on top in the Production/Commercial category. Its palm-sized radar sensor detects the body movements of sick people throughout the patient's room. If, for example, a patient at risk of falling tries to get out of bed, the medical staff can intervene preventively and supportively. 90 facilities are already using this technology. ce/mm
The FLOWIT AG, Voliro AG, and QUMEA AG have won this year's Swiss Economic Award. Image: Provided by NZZ Connect.
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Winterthur – Kompotoi, manufacturer and distributor of mobile composting toilets, is one of this year’s winners of the Swiss Ethics Prize awarded by the School of Business and Engineering of the Canton of Vaud. The prize was awarded for the company’s ecological commitment.
Kompotoi, the Winterthur-based manufacturer and distributor of portable composting toilets, has been awarded one of this year's Swiss Ethics Prizes by the School of Economics and Engineering of the Canton of Vaud(HEIG-VD). According to a press release, the jury found the company's ecological commitment to closing the field - plate - toilet - field cycle by processing human excrement hygienically and safely into fertilizer and compost worthy of an award.
The idea behind the composting toilet developed by company co-founder Jonas Casanova in 2012 is to use wooden toilets instead of the plastic chemical toilets commonly used at events, which convert human waste into compost using litter. More than 700 Kompotois are currently in use in Switzerland. In addition to renting and selling composting toilets, Kompotoi is committed to establishing sustainable sanitary systems with the founding of the VaLoo association in 2022.
The HEIG-VD Ethics Prize was awarded for the 19th time in 2024 for sustainable and socially responsible business practices. Kompotoi is one of this year's four award winners. Panatere from Saignelégiee JU, Rework from Bern and AgroSustain from Renens VD were also awarded a prize. ce/ww
Co-founder Jojo Casanova and employee Lukas Baumgartner are delighted about receiving the Ethics Award. Image: Kompotoi.
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From game design to media art, from stinging nettles to AI: the new blog “Z-Kubator What’s Up” offers insights into the business models of creatives from the ZHdK ecosystem.
What concerns and motivates the players in the Z-Kubator community? What do they do? How do they shape the future of art, culture and the creative industries and bring entrepreneurial thinking and action to art? And how do I get started?
"What's Up?" asks precisely these questions and provides tips and tricks on how to turn study and research projects into life tasks and entrepreneurial reality. Each semester, the Z-Kubator team selects a focus topic from the cosmos of topics covered by its teaching, advisory and support programs that is relevant in a broader context and which is addressed in greater depth at "What's Up?".
The spring semester is dedicated to the topic "Creative impact: Going beyond aesthetics". In the latest portrait in this series, we present the design brand Maison Verte.
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BodenseeLinked is a project funded by the four-country region of Lake Constance, with which eight universities are jointly pursuing the goal of strengthening the entrepreneurship ecosystem and the transfer between universities, industry and business. You can expect a community platform for CoFounder matching, networking opportunities, investor and job search as well as training and further education programs in the field of social entrepreneurship, innovation workshops and much more!
Shape the start-up ecosystem with us – use the community for exchange and collaboration with founders, start-ups, companies, investors, students, research institutions, colleges and universities in the international Lake Constance region. Connect with like-minded people to work together on your ideas.
Curious? Then take a look at our platform or our social media channels(Instagram and LinkedIn).
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Zurich – Lightium, a start-up in the field of photonic integrated circuits, has secured funding of 2.67 million Swiss francs from Innosuisse. The company intends to use the fresh capital to transfer its thin-film lithium niobate platform (TFLN) to series production.
Lightium, a Zurich-based start-up in the field of photonic integrated circuits (PIC), has secured CHF 2.67 million in funding from Innosuisse. According to a press release, the company intends to use this capital to transfer the production of its thin-film lithium niobate platform (TFLN) from the prototype phase to series production. The move is scheduled to take place in the fourth quarter of 2024.
TFLN can improve previous industry standards in the telecommunications sector by significantly expanding the communication bandwidth and achieving transmission speeds of up to 1.6 terabytes per second. At the same time, TFLN reduces power consumption.
"The support from Innosuisse is not only a financial boost, but also a confirmation of the central role of our technology in shaping the future of data communication and energy efficiency," said Dr. Amir Ghadimi, CEO and co-founder of Lightium, in the press release. "The versatility of our TFLN platform means that its advantages can also be used for other applications and markets such as satellite communication, quantum computing and LIDAR applications." ce/eb
Lightium's platform is also applicable for satellite communications. Image: Michael Misof via Pixabay.
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St.Gallen – The Innovation Network Eastern Switzerland (INOS) is expanding its coaching services for SMEs. Up to CHF 15,000 can now be approved instead of the previous CHF 10,000. The approval process and communication of projects have also been simplified.
INOS wants to make it even easier for SMEs in Eastern Switzerland to implement new business ideas and bring innovations to the market. To this end, the innovation network has expanded its coaching services, INOS announced in a press release. Funding has been increased from the previous maximum of CHF 10,000 to a maximum of CHF 15,000. INOS has also simplified the approval and project communication process.
A grant of 10,000 francs corresponds to 55 hours of consultation, explains INOS. In the first stage, SMEs can use the hours flexibly in their innovation project. The new additional funding amount of up to CHF 5,000 can be applied for in a second stage. The prerequisite is that the company contributes at least the same amount to the consulting program.
"With our new, more flexible coaching offer, we want to support even more SMEs in Eastern Switzerland in implementing their innovations and strengthening their competitiveness in the long term," INOS Managing Director Lukas Budde is quoted as saying in the press release. "Our experts are looking forward to supporting many more exciting projects." The Innovation Network Eastern Switzerland is supported by the cantons of Appenzell Innerrhoden and Ausserrhoden, Glarus, Graubünden, Schaffhausen, St.Gallen, Thurgau as well as the Zürioberland location promotion agency and the federal government. ce/hs
The Zurich Oberland is also part of the Eastern Switzerland Innovation Network (INOS); pictured is the Ustermer Aa in Wetzikon. Image: Wikimedia/Roland zh/Creative Commons Attribution-Share Alike 3.0 Unported.
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Zurich – Decentriq has won the ZKB Pioneer Award Technopark, which is endowed with 100,000 Swiss francs. The DeepTech start-up was recognized for its platform with technology for data protection and artificial intelligence. The co-finalists Avelo from Schlieren and Stimit from Biel each received 10,000 francs. The Audience Award went to 4QT.
Decentriq has been awarded the ZKB Pioneer Prize Technopark by the Zürcher Kantonalbank. The award ceremony took place on May 7, 2024 in Zurich's Technopark. The Zurich-based DeepTech start-up has impressed with its Software as a Service (SaaS) platform with data protection technologies and artificial intelligence (AI) solutions, according to a press release.
Founded by Maximilian Groth and Stefan Deml in 2019, the start-up sets a new standard "by using AI tools to generate real added value from protected data sources. By breaking down data silos, new value-creating analyses are made much easier or even possible in the first place," Michelle Tschumi, Head of Start-up Finance at ZKB, is quoted as saying.
The platform enables companies to "work together on confidential data and create insightful statistics or AI models without ever sharing the raw data", it says. Decentriq uses confidential computing, which is described as a "new, highly secure chip and cloud technology", to process encrypted raw data.
Decentriq emphasizes the high standards of data security and the utilization of data. "With our platform, we make it possible to use sensitive data collaboratively - in a protected and verifiably inaccessible manner," CEO Maximilian Groth is quoted as saying.
Two other prizewinners were awarded 10,000 Swiss francs each: Avelo (Schlieren ZH) has developed a Breath Aerosol Collector, while Stimit (Biel BE) received the prize money for a product to train the respiratory muscle. The Audience Award went to 4QT from Zurich, which specializes in the electrification of heavy machinery.
The ZKB Pionierpreis Technopark has been awarded since 2001 by Zürcher Kantonalbank and the Technopark Zurich Foundation for deep tech companies that are about to enter the market. Commitment and willingness to take risks are particularly appreciated. ce/heg
The Decentriq team, including co-founders Maximilian Groth (with cheque) and Stefan Deml (with trophy), celebrates with jury members Christof Bühler (far left) and Lothar Thiele (far right) over the award. Image: Provided by Technopark Zurich.
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Zurich – Anapaya Systems AG has raised 10 million Swiss francs from a financing round. The company is a pioneer in SCION architecture, a solution for secure connections on the Internet. Cape Capital and Nagy Moustafa invest in the company. Anapaya intends to use the funds for its global expansion.
Anapaya Systems AG, headquartered in Zurich, is a pioneer in SCION architecture (Scalability, Control, and Isolation on Next-Generation Networks), a solution for secure connections on the Internet. Martin Bosshardt, CEO of Anapaya, is pleased to have "Cape Capital and Nagy Moustafa as investors to secure business-critical services with the SCION Internet architecture", according to a press release. This additional financing of 10 million Swiss francs will drive forward the company's global expansion efforts. The company's presence in Switzerland will also be further strengthened.
SCION was created in 2012 under the leadership of researchers from the Swiss Federal Institute of Technology in Zurich (ETH). Anapaya Systems was spun off from ETH in 2017. SIX has been investing in the company via the SIX Fintech Venture Fund since 2021. Mysten Labs is also one of the existing investors. Building on its success in sectors such as finance and healthcare, Anapaya plans to extend its reach into new industries where a secure internet infrastructure is essential, including energy and payment systems. "I am firmly convinced that together we can open up new international opportunities," Nagy Moustafa, investor and CEO of InfoSec Global, is quoted as saying. "With this investment, I hope to bring the vision of Adrian Perrig, the inventor of SCION, to life and provide the world with reliable and scalable connectivity."
Anapaya's innovative approach to network security represents a compelling value proposition for companies operating in today's digital landscape, according to Alex Vukajlovic, founder and CEO of Cape Capital. ce/js
The networking specialist Anapaya has secured 10 million Swiss francs for further growth. Image: Anapaya Systems AG.
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Schaan/Zurich/Zug – Ivoclar and SkyCell optimize reverse logistics. The dental company now ships its products manufactured in the USA and destined for Europe in SkyCell’s refrigerated freight containers for medical products, which would otherwise be returned empty to Zurich.
According to their media releases, Ivoclar and SkyCell are pioneers in optimized reverse logistics. The two companies have joined forces to avoid empty freight from the USA to Zurich in future. "With this innovative concept for success, companies not only gain economic advantages, but also make a contribution to their sustainability," says a press release from the Liechtenstein dental and medical technology company Ivoclar.
SkyCell ships its air freight containers loaded with medical products from various pharmaceutical manufacturers to the USA. These transport containers have so far been returned empty to Zurich. Ivoclar is now loading these empty boxes with pallets of its products, which are manufactured at the Ivoclar site in Somerset, New Jersey, and are intended for distribution in Europe.
"By integrating Ivoclar pallets into our hybrid containers, we are optimizing freight efficiency, which leads to lower CO2 emissions and brings us closer to our goal of climate neutrality," Paulo Baumgartner, Head of Operations Supplier & Procurement at SkyCell, is quoted as saying in a statement from his company. SkyCell has offices in Zug and in the Technopark Zurich.
Bremen-based transport and logistics partner DSV Air & Sea facilitates distribution in Europe by providing the container returns in its warehouse. The freight arriving in Zurich is distributed to its final destinations in Europe with the help of the Swiss company Fischer Road Cargo, which specializes in logistics solutions for regional road transport. ce/mm
Ivoclar and SkyCell aim to pioneer optimized reverse logistics together. Image: Provided by Ivoclar Vivadent AG.
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Zurich – The Swiss umbrella organization for business succession (CHDU) is expanding its range of services and training courses. This is made possible by new partnerships with Tfy and Purpose Switzerland as well as the small farmers’ association.
The Swiss Umbrella Organization for Business Succession (CHDU) has entered into partnerships with three other players in the field of business succession. According to a press release, the aim is to expand its offering for entrepreneurs who want to pass on their company or, conversely, take over a company.
The consulting firm Tfy, based in Arosa GR, supports companies in becoming fit for the future and succession. This includes analysis as well as strategy development in the area of sustainability.
Purpose Switzerland offers both proven and alternative models for solving succession issues. The experts in the network advise on the implementation of a suitable succession solution.
The Smallholders' Association has been offering a contact point for non-family farm succession since 2014. This simplifies the search process both for those who want to sell a farm and for those looking for one.
Together with EXPERTsuisse, the CHDU already offers a series of seminars for consultants who are involved in the succession of companies. An introductory seminar is now followed by three in-depth seminars. The first, on May 22, is dedicated to basic legal tools. This is followed by seminars on communication and on the process of searching for transferees.
The CHDU was founded in 2021. It advocates the appropriate discussion of SME succession in politics and research as well as the professionalization of succession consulting and offers SMEs practical support. ce/stk
The Swiss Association for Business Succession is expanding its range of services and training offerings. Symbolic image: StartupStockPhotos/Pixabay
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Dietikon ZH – The ReclaimTheFacts initiative is launching a campaign to fund a handbook to combat disinformation. ReclaimTheFacts initiator Peter Metzinger wants to uncover manipulative strategies and techniques of disinformation.
ReclaimTheFacts has launched a crowdfunding campaign to fund the creation and promotion of a groundbreaking handbook. According to the press release, this reveals the manipulative strategies and techniques of disinformation and is intended to contribute to increasing media literacy. In addition, the campaign, which was initially founded as an initiative by Peter Metzinger and has been registered as an association since 2023, aims to "build a community of active supporters who are committed to strengthening media and information literacy in their environment". Metzinger runs the consulting firm Mr. Campaigning AG, based in Dietikon.
The Handbook of Disinformation will go into detail about manipulative strategies and techniques and give readers practical skills to recognize and protect themselves from disinformation. Studies have shown that people who know these techniques recognize manipulation and misinformation faster and better. The effect can be compared to a vaccination against a virus, according to the press release.
ReclaimTheFacts invites individuals and explicitly also companies to participate in the crowdfunding or to support the initiative through sponsorship. The campaign aims to raise 3,000 francs. This sum will make it possible to finance the handbook and the associated activities in the fight against disinformation. ce/gba
ReclaimTheFacts startet eine Kampagne zur Finanzierung eines Handbuchs zur Bekämpfung von Desinformation. Symbolbild: geralt/Pixabay
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Zurich – FlexAgility offers companies the opportunity to deploy specialists for challenging projects on a temporary basis. The start-up specializes in compliance with complex legal regulations. The focus is on sectors with a high level of regulation, such as the financial industry.
The world of work is changing rapidly. Highly specialized experts no longer want to spend their entire lives working for a single company. Conversely, companies need expert knowledge for certain projects without wanting to employ specialists. FlexAgility aims to bring both sides together. The start-up, which was founded this spring, offers companies the experts they need and for as long as this expertise is needed.
The two founders Olivier Maeker and Jan Podokschik are building on their years at consulting firms and banks. "We provide talent instead of personnel," says Maeker. For many companies, it is a challenge to find the right people for special projects. "This cost block is eliminated thanks to FlexAgility."
Conversely, there are many experts who want to contribute their knowledge to different companies, says Podokschik: older experts in their pre-retirement years, mothers who want to return to work, graduates on their way into their careers. "We work with people who love what they do."
FlexAgility initially focuses on legal issues and compliance with complex legislation. The start-up is focusing on the financial industry, but also on other sectors with a high level of regulation. "We offer talent for both listed companies and start-ups," says Podokschik.
FlexAgility works together with Müller Paparis. The start-up's clients can therefore not only rely on the experts themselves, but also on the legal knowledge of a two-decade-old law firm. One of the partners, Rolf Müller, is a member of FlexAgility's Board of Directors. exelixis capital AG holds a stake in FlexAgility. ce/stk
Olivier Maeker (links) und Jan Podokschik bieten Unternehmen die Möglichkeit, Spezialisten für anspruchsvolle Projekte auf Zeit einzusetzen. Bilder: zVg/FlexAgility AG
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Zurich – The deep tech start-ups Avelo, Decentriq and Stimit have reached the final of the Zürcher Kantonalbank’s Technopark Pioneer Award. It will be awarded on May 7 at the Technopark in Zurich. The innovation prize is endowed with 100,000 Swiss francs.
The jury of the ZKB Pioneer Award Technopark has selected the deep tech start-ups Avelo, Decentriq and Stimit for the final, according to a press release. The prize of 100,000 Swiss francs will be awarded on May 7 at Technopark Zurich. The other two finalists will receive prize money of CHF 10,000.
Avelo is a company founded by Melanie Aregger (CEO) and Tobias Broger (CTO) in Schlieren ZH. Its Breath Aerosol Collector is designed to enable rapid diagnosis of respiratory diseases via laboratory tests using breath, which can facilitate the diagnosis of tuberculosis, for example. "The expected impact of Avelo technology on human health, including in the Global South, played a key role in our decision-making process," jury member Andreas Plückthun is quoted as saying in the press release.
Behind Decentriq from Zurich are Maximilian Groth (CEO) and Stefan Deml (CTO). They have developed a Software as a Service (SaaS) platform with data protection technologies and advanced artificial intelligence solutions. "We as the jury believe that the start-up's unique know-how will make confidential computing usable in a simple and secure way," jury member Christof Bühler is quoted as saying.
Stimit in Biel BE uses its solution to stimulate the respiratory muscles, which break down within a few days in ventilated intensive care patients. Activating the diaphragm is intended to maintain the respiratory muscles and thus promote machine-independent breathing. "Stimit is striving for a conceptual change in artificial respiration," jury member Emanuela Keller is quoted as saying. The jury sees the technology as a decisive turning point for intensive care medicine.
The ZKB Pioneer Prize has been awarded by Zürcher Kantonalbank and the Technopark Zurich Foundation for over two decades. ce/js
Melanie Aregger is co-founder and CEO of Avelo. Image: Courtesy of Technopark Zurich Foundation
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Zurich – The IT company Axelra is ranked among the leading start-up hubs in Europe by the Financial Times. According to a ranking by the newspaper, the company, which is also active as a project sponsor, ranks first in the Alpine states of Switzerland and Austria. Axelra ranks 32nd for Europe as a whole.
Axelra, a Zurich-based IT and business development company, is one of the leading start-up hubs in Europe according to a ranking by theFinancial Times. According to a press release, Axelra is ranked first in the Alpine countries of Switzerland and Austria in the ranking initiated by the business newspaper and compiled using Statista methods. The company ranks 32nd in Europe as a whole.
More than 2000 companies and organizations were invited as evaluation criteria to determine leading start-up hubs. Evaluations of 2600 young companies were included in the overall score with a weighting of 85 percent. Statista and the Financial Times ultimately recognized 125 hubs from 21 countries with the highest score as Europe's leading start-up hub in 2024.
The evaluation for Axelra stated that the concept of the Zurich-based company is closely linked to the respective start-up, from idea generation to scaling. According to the press release, splitting the capital equally will allow the start-up company to participate in the profits from the outset and accelerate its path to Series A financing. ce/ww
Axelra is counted among the leading startup hubs in Europe by the "Financial Times." Symbolic image: StartupStockPhotos/Pixabay
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Zurich/Dallas – Locatee is being acquired by the Texas-based company Tango, a leading provider of cloud-based real estate software. Locatee has developed a solution for analyzing the use of workplaces. Its Zurich location becomes the European headquarters of Tango.
Locatee will be part of Tango in the future. Founded in 2014, the Zurich-based company has developed a holistic analysis for the optimal use of office space. To do this, Locatee combines data from sensors with information from other sources such as WLAN and wired networks. The solution provides companies with a complete picture of the occupancy of their workstations. This allows space to be better utilized and costs to be saved.
Dallas-based Tango wants to combine the Locatee solution with its cloud-based software for real estate management and building maintenance. Pranav Tyagi is quoted in a press release as saying that the average space utilization is only 40 percent. "Organizations are actively seeking to better understand utilization," says Tango's CEO.
The Locatee site in Zurich will now become the European headquarters of Tango. "We look forward to combining occupancy data at the building, floor and zone level with Tango's industry-leading space management and reservation solutions to provide our clients with a complete picture of planned, projected and actual occupancy," Myriam Locher, co-CEO of Locatee, is quoted as saying.
Benedikt Köppel takes a similar view. "Tango is a leader in the application of artificial intelligence and machine learning in the built environment," the Locatee founder and co-CEO is quoted as saying. "Locatee adds a comprehensive occupancy dataset to the vast amounts of data that Tango already analyzes, providing insights that benefit the entire real estate lifecycle, including portfolio strategy, space optimization, maintenance and sustainability."
Tango serves over 500 customers in 140 countries. ce/js
Locatee has developed a solution for analyzing workplace utilization. Image: jdpereiro/Pixabay
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Gian-Mattia Schucan, co-founder and co-CEO of FAIRTIQ Ltd, has developed the technology for an uncomplicated digital ticketing solution for local public transport. For this and for successfully completing the SEF.Growth program, the experts awarded FAIRTIQ the SEF.Growth High Potential Label.
"I wanted to do something that would help a lot of people in their everyday lives," says Gian-Mattia in the interview. And lo and behold, this wish came true. After working at SBB as the Head of Ticketing and spearheading major projects within the ticketing system, including a large but discarded hardware-based automated ticketing system, he left SBB and founded his own consulting firm. A few months after leaving SBB, Gian-Mattia was not entirely satisfied with the result and began experimenting with digital ticketing solutions on the side. This turned into an entrepreneurial project and he finally took the plunge and founded FAIRTIQ AG to bring this pioneering solution to the market.
Today, many of us are familiar with the solution and use it in everyday life, e.g. in the FAIRTIQ app or in the SBB app function "Easy Ride". You activate the tracker in the app when you get on the bus or train and deactivate it again when you get off. In the meantime, the app has tracked your journey and calculated the cheapest ticket price. This means that no matter how complex the public transport plan is or which route you take, if you know which zones you will and will not pass through on your journey, you will have no problem buying your ticket in time for the right route.
This technology makes it incredibly convenient for the end user, the public transport user. Users even go so far as to say: "Thanks to FAIRTIQ, I've started using public transport and I really like it" or "My 95-year-old neighbor recommended Easy Ride to me". This feedback proves that this type of digital ticket purchase does not exclude older people from using public transport, as it is very easy to use.
The advantages for public transport operators are also worth mentioning. They benefit from an affordable sales channel that requires no infrastructure and offers them additional services such as data analysis. Since tickets are sold via an app, transport companies can also use this channel to support behavioral patterns, e.g. by offering discounts for train journeys at off-peak times. The use of FAIRTIQ technology has increased significantly in recent years. While 100,000 transactions were processed via the software in the first year, today it is 100,000 transactions in half a day. "This growth was made possible by the expansion from a few regions in Switzerland to the whole country, including with the SBB app." FAIRTIQ has also been extended to parts of Austria, Germany and France and will soon also be available in Denmark.
Danish Public Transport Embraces FAIRTIQ's Vision
The introduction of FAIRTIQ technology in Denmark is worth a story. "Fifteen years ago, Denmark introduced a card-based system nationwide. For the past five years, the authority responsible for this system has been planning to make the ticketing system for public transport hardware-free. Over the next two years, our software will replace this system. This is the biggest project in our company's history and will triple the transaction volume," says Gian-Mattia proudly. "A fun fact I'd like to add: the project manager who introduced the card system 15 years ago is now responsible for implementing the software-based ticketing system for us. And he is enthusiastic and impressed by the speed with which we can introduce the system there. The completion of this project is also the next milestone that the scale-up is focusing on. A user test with 10,000 users this spring will mark the next big step.
"I wanted to do something that would help many people in their everyday lives."
- Gian-Mattia Schucan, Founder and Co-CEO FAIRTIQ Ltd
Another interesting fact that other entrepreneurs can learn from is that this Danish project was won after FAIRTIQ lost a smaller tender. "Every time we lost to competitors in smaller tenders, it was followed by a big win. This has taught us not to sink into frustration, but to learn from the situation and make something big out of it," says Gian-Mattia. However, the biggest setback came in 2016, when the BLS announced an equivalent solution to compete with FAIRTIQ shortly before the launch of its technology. "At first we were shocked because we were under the illusion that we could secretly develop something that the world was waiting for and be the only provider. Then we decided to go all in and grew faster than BLS's technology. We started working with them and they eventually became our customers."
While such customer wins are rather above average on the path of an entrepreneur, FAIRTIQ can look back on prestigious awards such as the Swiss Economic Award 2018, the Worldwide UITP Public Transport Award 2019 and the SEF.Growth Label 2023. "These achievements reflect our progress and support the process of building trust with potential new customers. With our great team, our clear vision and the recognition from third parties and awards, we will continue our success story."
The SEF.Growth program supports start-ups and SMEs in overcoming growth hurdles. Since 2012, we have provided support to over 100 start-ups and helped them secure over CHF 200 million in growth capital. The program offers a wide range of services tailored to the needs of start-ups: From validation and strategy assessments to financial and legal advice from experienced experts. Following a successful evaluation, the "SEF.Growth High Potential Label" award strengthens the market position.
SEF.Growth regularly organizes best practice events in collaboration with partners, which offer exclusive insights, practical tips for the scaling process and an exchange with experts and other female founders.
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Zurich/Geneva – A new podcast series on FemTech founders such as Danielle Ralic, CEO of Zurich start-up Ancora.ai, is coming from Switzerland. The host is life science expert Claire Murigande as part of her podcast series Narratives of Purpose.
From March 8, 2024, a podcast will be published every two weeks in which life science expert and consultant Claire Murigande talks to international FemTech founders. The series was created in cooperation with the Artefact Open Innovation Switzerland association. The five interviewees were panelists at Artefact's AI for Life Summit in Geneva in December 2023. Claire Murigande broadcasts the series in the context of her podcast Narratives of Purpose, which has already featured 58 personalities since 2020 and was nominated for the International Women's Podcast Award in 2023.
The five female founders interviewed are all committed to equal opportunities in the healthcare sector and have developed integrative approaches. One guest is Danielle Ralic, who founded the start-up Ancora.ai in Zurich. She is working on a digital solution that collects information on clinical trials using public registers. This should enable patients and healthcare professionals to better evaluate treatment options and democratize information.
In other episodes, Claire Murigande talks to Elise Mekaoui from Matricis.ai, Sasha Ottey from PCOS Challenge, Alia Rahman from Amplexd Therapeutics and Fatoumata Ly from ninti. ce/yvh
FemTech is the focus of Claire Murigande's new podcast series. Image: CDC via Unsplash
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Dietikon ZH – Ex Libris has been nominated for the Sales Award 2023. Whether the media retailer wins the award for her campaign “Billboards become bookshelves” will be decided on March 21 at the Leipzig Book Fair.
Dietikon-based media retailer Ex Libris has been nominated for the Sales Award 2023 organized by BuchmarktFORUM, according to a press release. The award will go to Ex Libris' campaign last fall to convert billboards into bookshelves. In the process, 12,000 books were laid out to be given away.
This year's Sales Award jury met in Munich at the Bavarian regional association of the Börsenverein and voted on the applications submitted. Three applicants each from the product range and publishing sectors were nominated as candidates for the main prize. The winner will be announced on Thursday, March 21, at 12 noon at the Leipzig Book Fair.
The aim of the Sales Awards is to recognize outstanding sales strategies in the book industry that focus on their impact on readers and end customers rather than on quantifiable success in book sales. The prize is organized by BuchmarktFORUM and supported by the Leipzig Book Fair and the Hamburg bookseller Libri. BuchmarktFORUM is a cooperation between the Börsenverein des Deutschen Buchhandels, Landesverband Bayern, and the booksellers' cooperative eBuch e.G. in Heidelberg.
As part of the Ex Libris gives away books campaign, special poster stands were set up in 61 locations in German-speaking Switzerland in October and November 2023. Hanging from them were specially made bookshelves with the latest thrillers, novels, children's and non-fiction books to take away. The campaign, in which 12,000 books were given away, was accompanied online by an announcement campaign and clips that reminded people what books are actually for - reading, according to the Dietiker media retailer's press release. This is how Ex Libris awakens the joy of reading. ce/gba
The Ex Libris Campaign Transforming Billboards into Bookshelves Nominated for Sales Award. Image: Ex Libris
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Zurich – The globally active photographer and director Sandro Baebler has captured Aepsy’s new visual language. The revised visual identity of the platform for psychotherapeutic services aims to destigmatize mental health.
Aepsy now offers therapy spots for couples and families in addition to individual therapy on its online platform. According to a press release, there were an average of 70 psychological professionals available without a waiting list daily and at any given time last year. Expanding its services from individuals to couples and families, Aepsy has taken the opportunity to create a new visual identity.
The visual concept was entrusted to the renowned Swiss photographer and director Sandro Baebler, known for his portraits and sports photography, as indicated in the announcement. He frequently captures international celebrities from the entertainment industry for global campaigns, among other subjects. For Aepsy's new visual concept, Baebler captured the beauty of nature in the Swiss Alps. In addition, he photographed amateur models in Zurich, including a pregnant woman, a couple, and a family with a toddler. "Our new visual language focuses on capturing the complexity of the human mind visually," explains Aepsy CEO and co-founder, Adonis Bou Chakra.
Baebler is deeply passionate about the topic of mental health, as he was greatly affected by the mental strains of loved ones during his youth, the photographer expressed in the statement. "I am convinced that Aepsy can contribute to destigmatizing the issue in Switzerland, so that more people can receive the psychological support they need or desire. I am excited to now be a part of Aepsy's journey with my photography," Baebler expressed in the statement.
The three founders of Aespy (pictured) collaborate with Sandro Baebler. Image: © 2024 Aepsy. All rights reserved.
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Schlieren, ZH – Ten startups will have the opportunity to present themselves in Silicon Valley in April. The companies, mainly from the cantons of Zurich and Vaud, were selected by a jury of investors and technology experts from over 200 start-ups.
Venturelab is hosting its roadshow in Silicon Valley again this year. The startup promoter will present ten technology startups from across Switzerland to investors and in workshops from April 7th to 12th. A jury of investors and technology experts selected the companies from over 200 applications, as Venturelab writes in a statement. "By interacting with investors and industry leaders in Silicon Valley, startups gain unique access to the US market and valuable business insights to help them grow globally," said Stefan Steiner, co-managing director of Venturelab.
The jury selected Acodis from Winterthur, among others. Its platform allows unstructured content to be extracted from PDFs. St. Gallen's Advertima Vision aims to enable retailers to use digital tools in their stores with computer vision and sensors. Ascento from Zurich offers surveillance robots for large private properties. DuoKey from Prilly, VD, provides encryption technology for data clouds. Flybotix from Ecublens, VD, has developed a drone solution for inspecting confined spaces. Gilytics from Zurich offers a geodata-based solution for optimizing infrastructure planning. The robots from Isochronic in Denges VD enable simultaneous transportation of parts in a factory. Syntheticus from Dietikon ZH helps organizations to exploit the potential of artificial intelligence. Zurich-based Unisers has developed an inspection tool for the semiconductor industry. Basel-based Zoundream analyzes infant cries with artificial intelligence.
The program is supported by DPD, the Swiss Federal Institute of Technology in Lausanne and Zurich, Helbling Technik, Kellerhals Carrard, Rothschild & Co, Unicorn Anchor and the Canton of Vaud. ce/stk
The Zurich-based startup Ascento was also included in this year's startup national team, pictured here is its robot for monitoring outdoor areas. Image: Courtesy of Ascento
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Zurich – Classtime has successfully completed a Series A financing round. The Zurich-based EdTech, which specializes in learning target assessments and digital examinations, has been able to attract Swiss Post Ventures and SuperCharger Ventures as new investors. The funds are intended to generate growth.
Classtime, the Zurich-based EdTech specializing in learning progress monitoring, exercises, and digital examinations, has successfully completed a growth financing round (Series A) following an initial seed funding, as announced in a statement. In addition to new private investors, Classtime has also been able to attract Swiss Post Ventures and SuperCharger Ventures as investors. The amount of funds raised is not communicated in the press release.
"We are delighted that we were able to bring institutional partners on board in this financing round, which will expand our own network as well as access to new markets and potential new partnerships," Classtime Co-CEO Jan Rihak is quoted in the press release. Founded in 2019, the company intends to use the funds raised to generate growth in the DACH region, the UK and the USA. In addition, the Classtime platform is to be further developed with the help of generative artificial intelligence. The focus here is on functions that free teachers from routine tasks and the generation of learning content for in-depth study.
Furthermore, Classtime advocates for empirical evidence of the effectiveness of educational software. EdTech is working with the Jacobs Foundation to develop corresponding evidence-based standards. "We still need more empirical studies on the impact of educational software," says Rihak. "Here, we aim to lead and contribute to increasing understanding of the empirically meaningful use of technology in education." ce/hs
Jan Rihak, Co-CEO of Classtime, aims to contribute to the demonstrable effectiveness of technology use in education. Image: Classtime
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Zurich/Zug – Irmos Technologies, Rematter and Oxara have won prizes at the second Swissbau Startup Challenge. The three young companies impressed with their ideas for sustainable construction. Oxara also receives the Green Award.
At the Swissbau trade fair in Basel, three start-ups from the construction and real estate industry received awards at the second Swissbau Startup Challenge. According to a press release, the assessment was based on the business model, business plan and financial plan. The jury selected three companies from the 17 candidates taking part in the innovation competition that are working on innovative solutions in the field of sustainable construction.
Irmos Technologies from Zurich, which emerged in 2023 as a spin-off from the Swiss Federal Institute of Technology in Zurich(ETH), impressed with the development of an intelligent platform for building monitoring, predictive building analysis and building safety, according to the press release. Vibrations from daily information sources such as traffic, wind and construction work" serve as the data basis.
Rematter, based in Zug, has been launching ceiling elements made of clay and wood on the market since 2022. The system, developed on behalf of the architects Senn and Herzog & de Meuron, creates an alternative to concrete using locally available, low-carbon materials. In terms of load-bearing capacity, fire resistance and sound insulation, the highest requirements are met. The production combines natural materials and robot-assisted high-tech.
Oxara from Zurich produces cement-free aggregates. The ETH spin-off has been working on the development of an additive technology for the production of cement-free concrete from excavated material containing clay since 2019. Oxara also received the special Green Award, presented for the first time, which was created for special commitment in the area of sustainability.
The award ceremony marked the end of the Swissbau construction trade fair. This was preceded by nine months of preparation. During this phase, the young entrepreneurs were able to learn from 13 specialist judges, experts and coaches from the Startup Academy and work on and present their business ideas. The innovation competition is a joint project between Swissbau, Startup Academy, University of Applied Sciences Northwestern Switzerland and Standortförderung Baselland. ce/heg
First prize went to Irmos Technologies from Zurich. Image: Startup Academy
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Zurich – Eleven deeptech start-ups have been shortlisted for the ZKB Pioneer Award Technopark 2024. The prize, endowed with 100,000 Swiss francs, will be awarded on May 7 at Technopark Zurich.
The ZKB Pioneer Award Technopark 2024 will be presented on May 7 at Technopark Zurich. An eight-member jury shortlisted eleven start-ups from 45 applications. According to the press release , almost half of the nominees deal with technology solutions in the medtech environment, while two thirds are spin-offs from the Swiss Federal Institutes of Technology in Zurich(ETH) and Lausanne(EPFL). The prize is awarded by Zürcher Kantonalbank(ZKB) and Technopark Zurich
The selected start-ups are: 4QT in Zurich, which has developed a new environmentally friendly twin-rotor drive for heavy construction machinery. Decentriq in Zurich offers a platform that enables companies to work together on confidential data without sharing the raw data. Deepjudge, also based in Zurich, offers an artificial intelligence (AI)-based knowledge search engine for law firms and legal experts.
With its innovative Breath Aerosol Collector , Avelo in Schlieren uses existing PCR tests to enable simple and rapid diagnosis of lower respiratory tract pathogens. Eightinks in Schlieren has developed a new manufacturing process for more powerful next-generation lithium-ion batteries. NexMR, also based in Schlieren, is improving the magnetic resonance method for imaging and diagnosing patients and for analyzing chemical substances in drug development.
Flybotix improves aerial drone inspection with a propulsion system that doubles the flight time. Haya Therapeutics is developing treatments to reprogram disease-related cellular conditions associated with tissue scarring (fibrosis), which is responsible for 45 percent of deaths worldwide. Limula is developing a bioreactor for cell and gene therapies (CGT) that offers hope for patients with previously incurable cancers. Flybotix, Haya Therapeutics and Limula are based in Lausanne.
Stimit in Zurich uses its innovation to stimulate diaphragmatic function in artificially ventilated patients. The Zurich-based start-up Unisers has developed a contamination analysis system that detects dirt particles in the production of computer chips and thus improves semiconductor production. ce/gba
Eleven start-ups have been shortlisted for the ZKB Pioneer Award Technopark 2024. Image: zVg/Stiftung TECHNOPARK Zürich
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Schlieren ZH/Geneva – The Geneva-based ALCEA Fondation is a new consortium member of the start-up promoter Venture Kick. The charitable fondation supports individuals and organizations in achieving professional goals.
According to a press release, the start-up promoter Venture Kick has gained Fondation ALCEA as a new consortium member and financial backer. Venture Kick has set itself the goal of promoting around 3,000 science-based start-ups by 2033, which should create 100,000 jobs in Switzerland. In order to achieve this goal, the foundation is expanding its partner consortium to increase financial support for start-ups. The Fondation ALCEA was founded in 2016 and is based in Geneva.
"After several years of supporting startups and entrepreneurs who wish to realise their professional aspirations, Fondation Alcea decided to join Venture Kick, whose partners share the same vision of supporting innovation" Alcea Foundation President Jean Donnet is quoted as saying.
"Collaboration amongst the entrepreneurial forces is essential to achieve a major impact and advance a thriving ecosystem where promising startups can flourish and contribute to Switzerland's economic prosperity and global impact" explains Pascale Vonmont, President of the Venture Kick Strategy Board, on joining the foundation.
The Fondation ALCEA will join the existing partners of Venture Kick. These include Gebert Rüf Stiftung, Ernst Göhner Stiftung, Hauser-Stiftung, André Hoffmann, Hansjörg Wyss, Martin Haefner, Fondation Pro Techno, ESA BIC Switzerland and Swisscom.
In the past 16 years, according to their own statements, Venture Kick has supported over 1000 startups, which have received more than 8 billion Swiss Francs from investors and created over 13,000 jobs. ce/gba
Fondation ALCEA supports Venture Kick in fostering startups. Symbolic image: StartupStockPhotos/Pixabay
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Zurich – Swiss visual communication professionals have joined forces in the recently founded Visual Practitioners Switzerland Association. Its website offers companies, associations and authorities a point of contact for finding experts for specific visualizations and languages.
The Visual Practitioners Switzerland Association has been founded in Zurich. Its purpose is to make the diverse work and tools of these visual communication experts better known and to simplify access to professional visual thinkers.
Visual practitioners are professionals who use visual techniques to facilitate communication, problem solving or understanding. They work in various fields, including business, education, consulting and moderation. Members offer their services on the association's website. It is sponsored by the Zug-based company Neuland, which offers professional equipment for seminars, training courses and visualizations.
Visual practitioners are used, for example, in explanatory videos or in coaching or consulting processes. Visual summaries (graphic recording) allow you to capture information in real time during meetings, workshops, conferences or presentations using visual notes or drawings.
Visual facilitation involves the use of visual material during group discussions, brainstorming sessions and problem-solving activities. Visual practitioners create large-format graphics such as diagrams and charts to promote group processes.
Strategic visualizations are used to communicate strategic concepts, plans and information in a clear and accessible way. Such visualizations also play an important role in strategic management and help those involved to better understand the strategy, vision, mission and values of an organization. ce/mm
The "Visual Practitioners Switzerland" association has been founded in Zurich. Image: StartupStockPhotos/Pixabay (Symbolic Image).
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Schlieren ZH – The start-up Mapin has launched an app that depicts social events in the physical world on a digital map. Users can use the platform to find out what is happening at a specific location in real time. They can also share content about their location themselves.
The Schlieren start-up Mapin has launched a new app for social interactions. Users can share real-time information about social events at their current location in the form of images. At the same time, they can see what information other users are sharing. This creates an interactive map on which information on social events at various locations is displayed in real time.
According to a statement from Mapin, the app does not allow filters on the images. The aim is to show an "unfiltered image of reality" . To ensure that the content is up to date, the images shared by users disappear again after twelve hours. Since its launch on January 11, Mapin has reportedly already recorded an "active user base".
The app is currently still in the test phase and will be continuously developed further. Mapin wants to finance itself through advertising and later also with a paid version for corporate customers and influencers. But before that, a critical mass of users needs to be reached. The start-up is also planning a financing round in the next six months. So far, it has been self-financing. ce/ssp
Mapin maps social events in the physical world on a digital map. Image: Courtesy of Mapin.
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As part of the DIZH Founder Call, four ZHAW projects will be funded that aim to establish a start-up or spin-off.
A total of ten projects from DIZH universities were approved, including four projects from the ZHAW. By funding the step from pure start-up idea to proof of concept, potential founders can show that their conceptually developed projects can be realised in practice. Funding is provided at the four DIZH universities (ZHAW, University of Zurich, PHZH, ZHdK) during the “incubation phase”, during which questions of technical and economic feasibility can be validated.
The Founder Call in the innovation program was launched for the first time in summer 2023. The approved projects are characterised by their innovative strength and their contribution to digital transformation. Digital technologies and applications are used in various areas. Researchers from the ZHAW Departments Life Sciences and Facility Management as well as the School of Health Sciences are developing a smartwatch to promote concentration in children with ADHD. In another project, the ZHAW Departments Applied Linguistics and the School of Management and Law are developing an interactive app with realistic interpreting situations. Project descriptions of all funded projects can be found on the DIZH website.
Financial support for these projects is provided by the DIZH special credit with a maximum funding of CHF 75,000 per project and a project duration of up to 12 months. During this period, the approved project teams develop a proof of concept and thus lay the foundation for the establishment of their start-up or spin-off. The application for the 2nd Founder Call is planned for autumn 2025. The 2nd Structure Call is currently being advertised. More information on the calls.
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In the last year, five new spin-offs were created at the University of Zurich to bring research-based ideas to market readiness. The new companies are developing innovative approaches for the treatment of autoimmune diseases, lead poisoning, blood cancer and endometriosis as well as for better diagnostics in oral health.
Every year, talented students and researchers from the University of Zurich set up their own companies and bring innovative business concepts to life. Last year, five teams signed a license agreement with UZH to commercialize new methods and technologies. The new spin-offs are based on research work in the fields of medicine, dentistry and chemistry.
Digital scanning technologies, which make it possible to measure teeth and the inside of the mouth with high precision using optical cameras, are becoming increasingly common in dental practices. In addition to the fabrication of dental prostheses, this scan data opens up a wide range of diagnostic possibilities. The spin-off Dentexion is developing a software platform that allows dentists to analyze 3D data from patients and evaluate changes over time. The technology, developed at the Department of Computer-Assisted Restorative Dentistry, uses AI to analyze 3D scans of components such as teeth, gums and bone in order to detect and document pathological changes at an early stage, which is particularly helpful in cases of tooth tissue loss or inflammation.
Food, tap water or even air particles contaminated with lead pose health risks. Even small amounts of the heavy metal can lead to kidney damage, anemia, high blood pressure, cardiovascular failure and cognitive and neurological impairments.
There are currently only two drugs available to treat severe lead poisoning. Over 90 percent of diagnosed cases remain untreated. Chemist Michal Shoshan wants to change this with her spin-off metaLead Therapeutics AG. She and her team at the Institute of Chemistry have developed novel short peptides that overcome the disadvantages of conventional therapies. Of the 50 or so peptides synthesized, eight show promising properties. The leading drug candidate tested in animal models significantly reduced lead levels in the blood, brain and liver without affecting essential metal concentrations.
The spin-off ATLyphe AG is developing antibodies to stimulate immune cells that could be used in the future to treat blood stem cell diseases. The current main project focuses on an antibody that activates T cells to fight acute myeloid leukemia. Due to the structural similarities between diseased leukemia cells and healthy blood stem cells, this biospecific antibody could also be used in the future before the transplantation of foreign or genetically corrected hematopoietic stem cells. This would be a promising treatment option not only for patients with acute myeloid leukemia, but also for patients with other leukemias and congenital blood disorders. The safety and efficacy of the therapy in people with acute myeloid leukemia will soon be tested in a Phase I study. ATLyphe is based on research work at UZH and ETH Zurich. It is headed by Markus Manz, Professor of Hematology and Director of the Department of Medical Oncology and Hematology at the University Hospital Zurich, and Dario Neri, Professor at ETH Zurich.
The spin-off FimmCyte is researching a new treatment for endometriosis, a disease in which endometrium-like cells grow outside the uterus. Endometriosis often causes severe chronic pain; it is estimated that around 10 percent of women of childbearing age worldwide are affected. Instead of the usual hormone treatments or operations, FimmCyte relies on antibody therapy. The antibodies developed by the start-up company recognize a specific protein that is excessively present in endometriosis cells, thus enabling direct treatment of the affected tissue.
The scientific discovery comes from the laboratory of Brigitte Leeners, UZH Professor of Gynecological Endocrinology and Reproductive Medicine. The young researchers Valentina Vongrad and Mohaned Shilaih from her team discovered this specific protein overexpression and developed the antibody therapy as a result. The treatment is currently in the test phase.
Seito Biologics AG is developing a new immunotherapy for autoimmune diseases such as type 1 diabetes, multiple sclerosis, rheumatoid arthritis and systemic lupus erythematosus. Unlike conventional treatments, which suppress the immune system and thus increase the risk of infection and cancer, the spin-off focuses on regulating the immune system. To this end, the spin-off is working on a therapy with Treg cell engagers. These aim to improve regulatory T cells, also known as Treg cells. Treg cells help to keep the immune system in check by preventing excessive or misdirected immune reactions. The therapy improves both the function and the number of these Treg cells. This stabilizes the immune system and prevents it from mistakenly turning against its own body, which is the case with autoimmune diseases. The promising therapy is based on research conducted by the UZH Chair of Clinical Immunology and Allergology.
Since 1999, 152 spin-offs have been created at UZH, of which 129 (85%) are still active. This result is remarkable in that, according to the latest figures from the Federal Statistical Office, the nationwide survival rate of newly founded companies after five years is only around 50%. Some of these UZH spin-offs were particularly successful last year.
The University of Zurich actively promotes the founding of start-ups and spin-offs by its researchers, doctoral students, students, employees and alumni. The term spin-off is used specifically for companies that have concluded a license agreement with UZH. Since 2017, UZH has also been awarding the UZH Startup Label, which identifies the connection to the university and can increase credibility with customers and investors. The awarding of this label is based on criteria such as the founders' relationship to UZH, the legal form, the innovation potential, a scalable and ethical business model and solid initial financing. Last year, eight companies were awarded the UZH Startup Label.
With the UZH Entrepreneur Fellowships, the University of Zurich provides funding, coaching, training and laboratory facilities to young scientists who want to set up a company based on UZH research. The co-founders of the new spin-offs metaLead Therapeutics AG, FimmCyte AG and Seito Biologics AG - Michal Shoshan, Valentina Vongrad and Ufuk Karakus - were supported by the UZH Entrepreneur Fellowship. The program is made possible by generous donations from the Werner Siemens Foundation and the Hans Eggenberger Foundation.
The UZH Innovation Hub is the hub for innovation and entrepreneurship at the University of Zurich. As a catalyst, it accelerates the further development of new inventions and ideas and strengthens the transfer of innovative research and teaching to industry and society.
Many UZH spin-offs are based on research carried out in the university’s laboratories. For example, the startup ATLyphe AG is developing antibodies to stimulate immune cells that could potentially be used in the treatment of blood stem cell diseases, while Seito Biologics AG is working on a new immunotherapy for autoimmune diseases. (Bild: iStock / skynesher)
Established spin-offs also achieved a great deal last year. 152 spin-offs have been established at UZH since 1999.
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The 1st Founder Call enables projects from the idea to the proof of concept that aim to establish a start-up or spin-off. The fight against disinformation, real-time robotics or the promotion of teamwork – the range of projects is diverse.
The Founder Call in the innovation program was launched for the first time in summer 2023. By funding the step from pure start-up idea to proof of concept, potential founders can show that their conceptually developed projects can be realised in practice. Funding is provided at universities during the “incubation phase”, during which questions of technical and economic feasibility can be validated. The project ideas selected in the first evaluation stage by the members of the innovation panel were presented by the applicants at a pitch final in November 2023. The pitches took place in front of mixed juries consisting not only of members of the innovation panel, but also experts from the Zurich and Swiss start-up scene.
The approved projects are characterised by their innovative strength and their contribution to digital transformation. Digital technologies and applications are used in various areas, e.g. in the development of a smartwatch to promote concentration or an app for training interpreters. Whether it is the visualisation of historical texts, the development of AI-driven user manuals, digital biomarkers for the assessment of fatigue or clinical diagnoses, all projects rely on advanced technologies to tackle challenges and create innovative solutions. Financial support for these projects is provided by the DIZH special credit with a maximum funding of CHF 75,000 per project and a project duration of up to 12 months. During this period, the approved project teams develop a proof of concept and thus lay the foundation for the establishment of their start-up or spin-off.
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Zurich – In the past year, five new spin-offs have emerged from research at the University of Zurich. They are developing new approaches for autoimmune diseases, lead poisoning, blood cancer, endometriosis and oral health diagnostics.
The five new spin-offs from the University of Zurich, which were created in 2023, are based on research work in medicine, dentistry and chemistry, according to a press release. Dentexion GmbH, for example, is working on a software platform that allows dentists to analyze and document 3D data from patient scans using artificial intelligence. This should help to evaluate changes in teeth, gums and bones over time and detect them at an early stage.
metaLead Therapeutics AG has developed novel, short peptides that overcome the disadvantages of conventional therapies for severe lead poisoning. Over 90 percent of diagnosed cases remain untreated. The leading drug candidate tested in animal models significantly reduced lead levels in the blood, brain and liver.
ATLyphe AG develops antibodies to stimulate immune cells. The current main project focuses on an antibody that activates T cells to fight acute myeloid leukemia. A Phase I trial will begin soon.
FimmCyte is researching an antibody therapy for endometriosis with the aim of replacing the usual hormone treatments and operations. The antibodies developed by the start-up recognize a specific protein that is excessively present in endometriosis cells. This enables direct treatment of the affected tissue.
Seito Biologics AG uses so-called Treg cell engagers to regulate the immune system in autoimmune diseases. They aim to keep regulatory T cells (Treg cells) in check. This therapy is intended to replace conventional treatments that suppress the immune system and thus increase the risk of infection and cancer. ce/mm
The University of Zurich has launched five new companies in 2023; view of the atrium of the main building. Image: University of Zurich/Frank Brüderli
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Schlieren ZH – Molecular Partners and Orano Med will collaborate in the development of protein drugs, so-called DARPin therapeutics. Their radioactive payload is designed to specifically kill cancer cells. The therapeutic agents are intended to minimize collateral kidney damage.
Molecular Partners and Orano Med have announced an agreement for the development of radio-DARPin therapeutics(RDTs). This involves the targeted administration of radioactive payloads to cancer tumors. This development agreement covers several oncology targets, including Molecular Partners' previously disclosed RDT target DLL3. According to the announcement, the two partners will share the costs of preclinical and clinical development and will also supply their respective materials. The first clinical trials on humans are scheduled to begin in 2025.
Orano Med, which is based in Plano, Texas, and is part of the Paris-based Orano Group, will contribute its expertise in targeted alpha therapy with lead-based (212Pb) alpha emitters. Together with Molecular Partners' DARPin therapeutics, a new class of customized binding proteins, DLL3 will be developed as an RDT target.
"Orano Med offers extensive expertise and safe delivery of a powerful, highly focused radiation source for precision cancer treatment and expands our RDT portfolio in new directions," Molecular Partners CEO Patrick Amstutz is quoted as saying. His company has been able to prove that the DARPins attack tumor cells effectively and highly selectively. "But it is essential that we join forces with partners who have the scientific, technical and logistical expertise to develop, manufacture and supply radiotherapeutics."
Molecular Partners, based at Bio-Technopark Schlieren-Zurich , was founded in 2004 by researchers from the University of Zurich. ce/mm
Molecular Partners is located in the Bio-Technopark Schlieren. Image: zVg/Limmatstadt AG
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Wädenswil ZH – GlycoEra has extended a Series A financing with an investment from the global pharmaceutical group Bristol Myers Squibb. The biotech company, which is based in Massachusetts and Wädenswil, wants to use this to advance its therapies for the degradation of pathogenic proteins.
GlycoEra AG has announced that the New York-based pharmaceutical group Bristol Myers Squibb(BMS) has joined as an investor. The biotech company was thus able to expand its Series A financing. The scope of the investment was not disclosed.
BMS joins existing investors, including 5AM Ventures, Roche Venture Fund and Sofinnova Partners, to advance GlycoEra's preclinical programs. The company's pipeline includes innovative drugs for the treatment of a range of autoimmune diseases through the rapid and profound degradation of pathogenic proteins.
These can be relevant in a variety of application areas such as oncology, neurology and infectious diseases. "As an established leader in the field of targeted protein degradation and immune-mediated diseases, BMS will be an important investor in advancing the company's portfolio," GlycoEra's CEO Dr. Ganesh Kaundinya is quoted as saying in the announcement.
In addition, GlycoEra was able to recruit industry veteran Dr. Greg Fralish as Chief Business Officer. He has more than 20 years of experience in a variety of business development and strategy positions, both with large pharmaceutical companies and in biotechnology. "GlycoEra's innovative biologics promise a potentially groundbreaking approach," says Fralish. "I am excited about GlycoEra's potential to transform patient care." ce/mm
Bristol Myers Squibb, based in New York, is now also investing in GlycoEra. Image: Bristol Myers Squibb
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Schlieren ZH – Venture Kick has accepted Amporin Pharmaceuticals, BTRY and Checktor Biosciences into the second phase of its funding program. They are developing membrane-protecting therapies for degenerative diseases, a solid-state battery and a novel molecular diagnostic test.
The start-up promoter Venture Kick has selected three young companies for the second phase of financial and entrepreneurial support, according to a press release: Amporin Pharmaceuticals from Basel, battery developer BTRY from Dübendorf ZH and Checktor Biosciences from Zurich. Each company receives 40,000 francs in funding.
Amporin Pharmaceuticals is founded in Basel to develop a new class of small molecule drugs. These can block and eliminate toxic oligomers and pores in the cell membranes. In this way, they protect cells from their lethal effects. More than 50 fatal degenerative diseases, including Alzheimer's, diabetes and Parkinson's, are associated with protein aggregation.
BTRY builds a new solid-state battery. It can be recharged within a minute, is non-flammable and works even at extreme temperatures. The Venture Kick funds are intended to support the transition from a spin-off of the Swiss Federal Laboratories for Materials Science and Technology to a company financed with venture capital.
Checktor Biosciences focuses on the fight against drug-resistant infections with on-site tests. According to the press release, the key to this is the development of rapid diagnostic technologies. Checktor is working with partners around the world and wants to enter the fast-growing market, which is worth over 7 billion dollars. ce/gba
Venture Kick takes Amporin Pharmaceuticals, BTRY and Checktor Biosciences into the second phase of its funding programme. Symbolic image: StartupStockPhotos/Pixabay
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Zurich/Wakefield – N-Dream has entered into a cooperation with the British game developer and publisher Team17 for its AirConsole gaming platform. As a result, users can now play the cooking game Overcooked on TV screens and in new BMW cars.
For its AirConsole, N-Dream is cooperating with Wakefield-based games developer and publisher Team17. This has now been announced by the Zurich-based company. Thanks to this partnership, Overcooked, a game for several people about cooking, can now also be played on AirConsole. The dynamic game about cooking has many enthusiastic fans, according to N-Dream. It has also won numerous prizes "for its unique mix of fast action and teamwork".
Overcooked was developed by Ghost Town and published by Team17 in 2016. Up to four players control chefs in different kitchens who have to prepare meals and process orders within a time limit. "The collaborative chaos of Overcooked fits perfectly with AirConsole's vision of inclusive and fun games for multiple people," content director Michael Fuller is quoted as saying.
AirConsole takes a new approach to multiplayer gaming: the screen is the console. Smartphones are connected to it as control elements and thus become so-called gamepads. All AirConsole games can be played on TV screens and in new BMW vehicles.
BMW announced in October 2022 that it had chosen AirConsole by N-Dream as a partner. This cooperation emerged from the BMW Startup Garage program, one of the BMW Group's formats in its start-up ecosystem. AirConsole has been installed in BMWs since 2023. ce/mm
AirConsole users can now play the cooking game Overcooked on TV screens and in new BMW cars. Image: N-Dream
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Kloten/Glattbrugg ZH – The Swiss Business School and the Zurich Airport Region Promotion Agency are looking for SMEs that would like to take part in their study on sustainability. The study focuses on the current state of knowledge in this area, possible support requirements and practical examples.
A scientific study carried out by the Swiss Business School(SBS) together with the Zurich Airport Region(FRZ) business network and location developer is now set to clarify how companies can be prepared for the increasing demands in terms of sustainability. According to a press release, the FRZ can see how great the need for information is in its current member survey. Over 200 companies stated that sustainability was a relevant topic for them.
SBS is responding to the growing need for analysis and cooperation in this field by establishing a new Center for Strategic Business Forecasting and Sustainability in the near future. Its head, Dr. Michael Gerlich, who is leading this study, emphasizes that sustainability is no longer just an issue for the future: "All companies of all sizes are actively or passively confronted with the topic. With this study, we are taking stock of the situation in order to identify both successes and needs in Switzerland."
The FRZ is also developing guidance for its members, for example through its first concrete project on sustainable digitalization. Together with partners, it deals with the circular economy as part of the Sustainability Navigator.
Both are calling on companies to take part in the study. It is possible online. ce/mm
Sustainability and the circular economy are at the top of the regional economy's agenda; the Swiss Business School and the Zurich Airport region's location promotion organisation are looking for SMEs that would like to take part in their study on sustainability. Image: Zurich Airport
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Wallisellen ZH – The start-up Coachbetter has raised more than 4 million Swiss francs in a financing round. The investors are soccer stars Hansi Flick, Uli Forte and Steven Nzonzi. The company intends to use the money to promote digital training for coaches and players in professional and amateur football.
Coachbetter has been able to attract prominent supporters from the world of professional football: According to a media release, former German national football coach Hansi Flick, fellow coach Uli Forte (former Bundesliga coach and Swiss Cup winner) and Steven Nzonzi (2018 World Cup winner with France) are investing in the platform. The funds of CHF 4 million raised as part of a Seed Plus financing round will be used to expand digital coach training in professional and amateur football.
According to the press release, the participation of former German national coach Hansi Flick, who is joining Coachbetter with his wife Silke and their joint investment fund, is particularly noteworthy. "By bringing innovative solutions to the amateur game, we are not only strengthening the development of young players, but also football as a whole," he is quoted as saying.
"With their expertise, the investors will shape the content of the platform and the company's football know-how," the press release states. According to Patrick Patzig, co-founder and CEO of Coachbetter, quoted in the press release, "their knowledge and experience is invaluable and will benefit our users in the future". For Coachbetter, coaches are the key to success. "We want to use our tool to inspire trainers to coach and make it easier for them to access digital tools."
The Wallisellen-based digital football technology start-up operates an app for digitalization in professional and amateur football, which is available in six languages. Coachbetter intends to use the fresh capital to optimize the platform in the DACH countries of Switzerland, Germany and Austria and to expand the circle of users to the USA. ce/heg
Auch Hansi Flick hat in Coachbetter investiert. Bild: zVg/Coachbetter
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Winterthur/Flurlingen ZH – Reseda has achieved its goal of increasing its capital by 1 million Swiss francs through crowdfunding. The manufacturer of locally produced furniture made from Swiss wood now wants to finance a second-hand platform for certified Reseda furniture by selling a further 3,000 shares.
Four days before the end of the campaign on the crowdfunding platform OOMNIUM, Reseda reached its goal of increasing its capital by 1 million Swiss francs. Founded 18 years ago in Winterthur, the company manufactures furniture entirely in Switzerland and exclusively from local wood. They are sold without intermediaries.
According to a press release, the company intends to use the capital increase to further improve its products in terms of quality and ecological footprint, in particular by investing in a timber warehouse, building long-term relationships with Swiss forest owners and various other projects, all of which will be made possible by the new solid wood panel production facility in Flurlingen.
As Reseda now glues the wood itself, the company can also take control of and monitor the purchase of the raw wood, according to the company presentation on OOMNIUM. "Our aim is to source the majority of our wood directly from Swiss forest owners in five years' time, without any intermediaries." The company wants to "continue to grow, but not primarily by expanding into new stores, but by offering an even better, more convincing product".
Four days before the end of the campaign, Reseda shares had already changed hands to 262 swarm investors. This prompted those responsible to decide to extend the campaign and utilize the full scope of the planned capital increase: a further 3,000 shares are available for CHF 1,000 each until 11 December. Reseda intends to use the additional capital to realize another project close to its heart: the establishment of a second-hand platform for the sale of certified used Reseda furniture. ce/mm
Reseda wants to use the capital increase to improve the quality of its wooden furniture and reduce its ecological footprint. Image: Reseda
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Zurich – The industry association swissICT has presented this year’s Digital Economy Award. Awards were presented to individuals, organizations and companies in a total of six categories. The ten award-winners made it through to the final out of 32 competitors.
The winners of this year's Digital Economy Award were announced on November 16, swissICT, the organizer of the competition, announced in a press release. From a total of 32 individuals, organizations and companies in the final, the audience and jury selected the winners in a total of six categories. They were recognized for outstanding achievements in digitalization and digital transformation.
Tigen Pharma SA received the Digital Innovation of the Year award for its data supply chain for cancer therapies developed in collaboration with Elca Informatique SA. The spin-off of the Swiss Federal Institute of Technology in Zurich, ANYbotics AG, was awarded the Next global Hot Thing prize for the scaling of its robot fleet.
Kantonsspital Baden and development partner Siemens Healthineers received the Digital Excellence Commercial award for "several years of stable and very impressive development towards digital excellence". IT Canton Aargau won the Digital Excellence Governance & NPO award for "clear transformation management, an entrepreneurial approach and stringent control mechanisms" in the digital transformation. Digio AG won the ICT Education Excellence prize with its training concept.
Claudio Hintermann, founder and CEO of Abacus from Wittenbach SG, was awarded The Pascal Prize "for his long-term and consistently innovative work on a national and international scale". The public voted Jessica Farda from the University of St.Gallen with her start-up Noriware in Lupfig AG and Lucas Renfer from the Bern University of Applied Sciences and the Biel-based start-up Auto-Mate Robotics as NextGen Heroes. ce/hs
Ten winners in six categories were honoured at the Digital Economy Award. Image: Swiss Digital Economy Award AG 2023
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The Academia-Industry Training India programme of the Leading House South Asia and Iran is about to enter its next stage, with ten sciencepreneurs from Switzerland set to travel to Bengaluru at the end of November. They will explore the potential of their innovations in the Indian market and fine-tune their entrepreneurial skills.
The sciencepreneurs who take part in the Academia-Industry Training (AIT) India programme are developing the results of applied research into innovative products and solutions. They are interested in India as a potential market. The AIT 2023 participants come from the fields of cleantech, medtech, robotics, ICT and engineering. With their business ideas and start-ups, they prevailed in a competitive process in which they came up against other high-quality candidates.
During the camp week in India, the participants will learn about the opportunities presented by the promising yet challenging Indian market and will also have the chance to establish contacts with companies, potential investors and local entrepreneurs. What is more, they will get to validate their concepts with peers, experts and prospective clients. A second and final camp week is scheduled to take place in Switzerland at the end of February 2024.
Academia-Industry Training (AIT) India
The Academia-Industry Training (AIT) India programme is an innovation-based funding instrument of the Leading House South Asia and Iran. It is aimed at young researchers from Swiss universities, universities of applied sciences and universities of teacher education as well as from research institutes and centres of technological excellence who are founding members of science-based Swiss startups. The programme is being implemented with the partners Swissnex in India and Venturelab and will be held for the tenth time in 2023.
The AIT 2023 participants from REMA, RoBoa, NEOSENS, Enerdrape, Ionix Innovations, AeroSpec, EnviroHelix, IMPLANZ and Openversum at the kick-off day 2023. (Photo: Venturelab)
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Fällanden ZH – Bucher Leichtbau AG is looking back on its 70th anniversary this year. Starting out as a craft business, the company from the Zurich Oberland has developed into a group of companies for aviation, cabin interiors and rail transportation.
Bucher Leichtbau AG is celebrating its 70th anniversary this year. "As an outstanding example of Swiss pioneering work, the company has developed from a modest craft business to an international pioneer in the field of cabin and rescue equipment for aviation since it was founded by Heinrich Bucher," writes the company from the Zücher Oberland in a press release. Today, the group, which is structured into three companies, employs almost 170 people at its headquarters in Fällanden alone. Bucher Leichtbau specializes in components and constructions for aviation, cabin interiors, rail transport and rescue equipment in helicopters.
The company, currently managed by Beat Burlet in the third generation, goes back to Heinrich Bucher. The master plumber at Swissair specialized in the repair and maintenance of galleys in 1953. The founder's wife, Ida Bucher, was the first employee of the company, which operated from an old garage.
After the death of Heinrich Bucher in 1992, the company was handed over to the three descendants of the second generation and the AG was founded. At this point, Bucher Leichtbau had already acquired other airlines as customers in addition to Swissair, according to the press release. Scandinavia Airlines, Lufthansa, Australia Airlines as well as Everett and WA from the USA are mentioned by name.
In the anniversary year, however, the focus should not only be on the past, but also on the future, writes Bucher Leichtbau. The Group intends to develop "pioneering solutions" in this area in the coming years. ce/hs
Within 70 years, Bucher Leichtbau has developed from a craft business into an internationally active group; in Fällanden alone, the group employs almost 170 people. Image: Bucher Leichtbau
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Zurich – Wildbiene + Partner has raised 775,000 Swiss francs in a crowdfunding campaign. The financing target had been 450,000 Swiss francs. Over 170,000 people have already set up 130,000 bee hotels since 2013. An additional 60,000 are to be added by 2029.
(CONNECT) Wildbiene + Partner successfully completed its swarm financing on June 1 at 11 pm. Founded in 2013 as a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH), the company was able to attract 528 investors on the Zurich platform OOMNIUM. They provided a total of 775,000 francs. The funding target of CHF 450,000 was thus exceeded by 172 percent.
With so-called BeeHomes as well as education and data, Wildbiene + Partner aims to achieve a measurable impact and bring back lost nature, according to its campaign presentation. Specifically, a total of 60,000 “new humming oases” are to be created by 2029. According to the information provided, the company has already set up 130,000 scientifically developed, sustainable and locally produced wild bee houses, including mason bees, in gardens, on balconies and on the grounds of schools and companies with 170,000 wild bee friends in Switzerland and Germany since it was founded.
This is Wildbiene + Partner's response to the biodiversity crisis documented by the Krefeld study. It shows that the biomass of flying insects has declined by over 75 percent in parts of Europe in just three decades. “Their absence threatens ecosystems, harvests - and ultimately ourselves,” says the Zurich-based company.
Wildbiene + Partner's milestones include the Swiss Sustainability Award in 2014, the launch of the wild bee care program in 2015, the training of the first artificial intelligence programs for nest detection in 2017, the scale-up label from Innosuisse in 2018 and the launch of the beta version of the MyBeeHome app in 2025. ce/mm
More protection for wild bees: Wildbiene + Partner wants to use swarm financing to drive forward the expansion of its bee hotels. Symbolic image: Pixabay/Pexels
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Zurich/Austin – RIVR has signed a strategic agreement with the American parcel service Veho. Delivery robots from the Zurich-based company take over the delivery of a consignment over the last hundred meters to the front door.
(CONNECT) The Zurich-based start-up RIVR has entered into a strategic partnership with the American parcel service provider Veho from Austin in the US state of Texas. The wheeled robot from RIVR is intended to automate parcel delivery over the last hundred meters and make the work of delivery staff easier, according to a press release.
The wheeled robot, which is supported by artificial intelligence (General Physical AI), will be assigned this delivery task and the delivery person will be able to carry out other tasks. The robot from RIVR can autonomously navigate to its destination, climb stairs and carry loads of up to 60 kilograms. A pilot project is currently being carried out in Austin.
Veho is one of the fastest growing alternative parcel services, according to the press release. The company is already active in 50 metropolitan regions and relies primarily on a technology-supported network.
"In view of the exponential growth of e-commerce, optimizing logistics on the last mile is more important than ever," Marko Bjelonic, CEO of RIVR, is quoted as saying in the press release. “Our partnership with Veho is an important step towards using urban robotics where it is needed most.” Itamar Zur, co-founder and CEO of Veho, sees the partnership with RIVR as the next step in optimizing e-commerce and “turning shipping from a cost factor into a value driver”. ce/ww
Veho automates parcel delivery over the last hundred metres with the wheeled robot from RIVR. Image: RIVR AG
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The biotech company GlycoEra AG, based in the “grow cluster” start-up center in Wädenswil, has received a financial injection of 130 million US dollars. The money is intended to accelerate the development of new drugs against autoimmune diseases.
GlycoEra AG, which is also represented in the USA, is working on drugs that are designed to specifically break down harmful proteins in the bodies of patients with autoimmune diseases. The current financing round, led by Novo Holdings and supported by other investors, will enable the company to bring its most promising drug, appropriately named GE8820 - a reference to the Wädenswil zip code - into the clinical trial phase.
Preliminary studies have shown that GE8820 can effectively reduce the disease-causing proteins. Dominique N. Sirena, co-founder and Chief Financial Officer of GlycoEra, is delighted with the support: “Thanks to our investors, we are able to bring our product candidate GE8820 into the clinical phase and clinically validate the promising preclinical data. The degradation of IgG4 with our protein degradation product enables new therapeutic approaches for patients with autoimmune diseases due to its specific, rapid and profound effect.”
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Zurich – Loki Robotics GmbH has attracted several investors for its pre-seed financing round and raised 1.6 million dollars. The Zurich-based start-up intends to use the funds to finance the development of its cleaning robot for toilets and kitchens.
(CONNECT) The Zurich-based start-up Loki Robotics, which specializes in cleaning robots for the sanitary area of commercial facilities such as kitchens and toilets, has raised 1.6 million dollars in a pre-seed financing round, according to a press release. Unruly Capital, Acequia Capital, Earthling VC, Boost VC, Founderful Campus and other investors also participated in the financing round led by Danish venture capitalist byFounders. The proceeds will be used to hire employees and to accelerate the company's next steps, the statement continues.
“At Loki Robotics, we are building a future in which private life takes the place of tasks such as scrubbing toilets,” says the company. “We build machines to take on such tasks.”
Loki was developed to master one of the most complex physical tasks in robotics: cleaning like a human, according to Loki Robotics. It is the first robot developed for environments with many contacts and high fluctuations, changes tools, applies resources with precision and interacts with furnishings and objects.
From overnight deep cleaning of toilets to continuous daytime porter routines, Loki adapts to the requirements of each facility, setting new standards for the management and operation of facilities. “Our commercial cleaning robot is the first step towards a future where intelligent machines perform the repetitive tasks that keep our facilities running,” the press release states. ce/gba
Loki Robotics develops cleaning robots for the sanitary area of commercial facilities such as kitchens and toilets. Symbolic image: Markus Spiske/Pexels
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Lausanne – Tech4Eva begins its fifth round. Four Swiss start-ups are among the participants in the start-up accelerator for women’s health: Powerly from Zurich, Menoqueens from Bern, Molesense from Neuchâtel and Xemperia from Marly FR.
(CONNECT) Tech4Eva, the Lausanne-based start-up accelerator in the field of women's health, is entering its fifth round with a record number of applications. According to a press release, 195 start-ups from 42 countries wanted to take part in the program founded by Groupe Mutuel and the EPFL Innovation Park. Of the 16 companies selected, four are start-ups from Switzerland that will take part in this year's six-month program. These are Powerly from Zurich, Menoqueens from Bern, Molesense from Neuchâtel and Xemperia from Marly.
Powerly offers a science-based app that aims to support women's mental wellbeing at every stage of family planning. This is an academic project funded by the University of Zurich Foundation and the Swiss National Science Foundation (SNSF), among others.
The MenoQueens association focuses on healthy ageing and the menopause. The director, Petra Stute, is particularly keen to raise awareness and sensitize the general public to the topic of menopause.
Xemperia is a spin-off of the University of Freiburg. The team has developed a blood test for breast cancer prevention and early detection of recurrences.
Molesense is dedicated to the topic of monitoring high-risk pregnancies. It relied on the continuous monitoring of chemical biomarkers.
"We want to emphasize the importance of promoting the engagement of scientists in applied research in the femtech sector and thus closing the gap between scientific innovation and market introduction," Lan Zuo Gillet, Director of Tech4Eva at EPFL Innovation Park, is quoted as saying in the press release. The femtech sector is on course for growth: this year, sales are expected to reach 60 billion dollars. It is expected to double in the next eight years, the press release continues. ce/eb
Powerly, based in Zurich, offers a scientifically based app designed to support women's mental well-being at every stage of family planning. Symbolic image: Pexels/Andrea Piacquadio
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Schlieren ZH – CUTISS has completed patient recruitment for the Phase 2 clinical trial of the denovoSkin skin tissue therapy. The safety and efficacy of the product is being investigated in children with severe skin burns.
(CONNECT) Life sciences company CUTISS AG has completed patient recruitment for a Phase 2 trial of its lead product denovoSkin, according to a statement. The study investigates how safe and effective skin tissue therapy is for children with severe burns.
Based on the results obtained with the paediatric patients, the use of the "personalized, biotechnologically produced skin graft" is to be expanded. denovoSkin has also been used to treat children for whom existing therapies were not successful. The study compared theovoSkin with the current standard of care - autologous skin grafting using an intra-patient control design.
According to the press release, the randomized, controlled study is one of three phase 2 studies in which test subjects from different patient groups and with different indications receive denovoSkin. The results are to be incorporated into the broader clinical development program of denovoSkin, which is currently in phase 3 for adolescents and adults.
CUTISS is located in the Bio-Technopark Schlieren-Zurich. ce/heg
CUTISS is investigating the safety and efficacy of its product in children with severe skin burns. Symbolic image: Pixabay/timmossholder
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Zurich – BLOFELD Communications has launched a podcast on the topic of artificial intelligence. AI TALK examines the topic from a Swiss perspective and is bilingual in German and English. Stephan Lendi and Dalith Steiger-Gablinger will moderate.
(CONNECT) BLOFELD Commmunications AG from Zurich has launched the AI TALK podcast. It is intended to shed light on artificial intelligence (AI) "from a Swiss perspective", with a "practical, bilingual and prominent cast", BLOFELD explains in a press release. With the decision to offer the podcast in both German and English, the communications agency wants to contribute to the international visibility of Switzerland as a location for innovation.
AI TALK will be moderated by speaker and communications coach Stephan Lendi in collaboration with Dalith Steiger-Gablinger, entrepreneur and co-founder of the AI network SwissCognitive. "Our vision was to create a platform that inspires, informs and networks - and at the same time makes Switzerland's role in the AI context visible," Lendi is quoted as saying in the press release. According to Steiger-Gablinger, artificial intelligence "not only affects technology, but is also changing our society, the world of work and education - we want to reflect and help shape this change".
The first episode of AI TALK has been available in German on Apple Podcast, Spotify, aipodcast.ch and Suisse Podcast since May 8. For the first season, BLOFELD has been able to recruit a number of winners of the Digital Economy Awards (DEA) and, in Christian Hunziker, Managing Director of the ICT trade association swissICT, also the person responsible for the DEA jury. According to the press release, the format is supported by swissICT and the Office of Economic Affairs of the Canton of Zurich. ce/hs
They moderate AI TALK: Stephan Lendi (left) and Dalith Steiger-Gablinger. Image: zVg/BLOFELD Communications AG
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Basel/Zurich – The biotech company metaLead has secured CHF 1 million in financing from the UZH Life Sciences Fund. This investment will drive the development of a novel treatment for Wilson’s disease.
(CONNECT) MetaLead can accelerate the development of a novel treatment for Wilson's disease: The spin-off of the University of Zurich (UZH), which was founded in Dübendorf ZH in 2023 and is now based in Basel, has received 1 million Swiss francs, according to a statement from the UZH Life Sciences Fund (LSF).
This fund provides early-stage financing to UZH spin-offs whose business ideas are based on intellectual property from UZH life sciences, biotech and medtech research. The LSF consists of two equal partners: the UZH Foundation and the Novartis Venture Fund.
Wilson's disease is a rare genetic disorder that leads to a toxic accumulation of copper in the body. This causes severe damage to the central nervous system and kidneys. Current treatment options are limited, so there is a considerable medical need. The proprietary peptide-based and metal-binding therapeutic platform of metaLead's almost exclusively female team aims to offer a more effective and better tolerated alternative to existing chelation therapies.
"We are very pleased to support metaLead," said Michio Painter, Investment Manager at LSF. "Michal Shoshan and her team have demonstrated a unique ability to discover and optimize peptides for the treatment of metal diseases."
Shoshan, the co-founder and CEO of metaLead, describes this investment as an important milestone. This "allows us to accelerate our preclinical development towards IND-enabling studies. We are determined to meet the urgent need for better therapies for Wilson's disease, especially for patients with neurological symptoms." ce/mm
Wilson's disease leads to toxic copper accumulation in the body; MetaLead aims to develop a treatment for this condition. Symbolic image: Pixabay
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Zurich – The Heat outdoor kitchen from Outdoorchef has been honored with the Red Dot Design Award 2025. The jury praised the modular concept and robustness. The kitchen solution can be recombined again and again and offers a high degree of design, flexibility and practicality.
(CONNECT) The jury of the Red Dot Design Award has once again honored the best products of the year. Zurich-based kitchen specialist Outdoorchef is one of the winners with its Heat outdoor kitchen: the model combines first-class design and maximum functionality, according to a press release.
The jury was won over by the modular system and the resulting freedom of expansion options. The individual components for the grill, sinks and refrigeration can be combined and expanded to suit the available space and requirements. The award also recognizes the "elegant, consistent design and high-quality workmanship".
The manufacturer of barbecue appliances, which has been active for more than 30 years, also provides an example of consistently high quality, functionality and suitability for everyday use with the Heat outdoor kitchen. The use of high-quality materials and well thought-out functionality make the HEAT outdoor kitchen "a reliable companion for everyday outdoor cooking". ce/heg
The HEAT outdoor kitchen from Outdoorchef has been awarded the Red Dot Design Award. Image: Outdoorchef
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Overview
Location: Swissnex in San Francisco
Status: 100%, 40 hours/week
Start Date: August 1st or by agreement
Reports to: CEO
Do you want to join the global Swissnex network and build meaningful connections across startups, science, education, the arts, and innovation in both Silicon Valley and Switzerland? This is your chance!
What your workday looks like:
As Head of Programs, you oversee the program team (consisting of 6 FTE) across the organization’s core verticals—Academia, AI, Creative Industries, and Entrepreneurship—ensuring successful fundraising, implementation, further development of the programs, alignment, and impact. In addition, you lead the Corporate Innovation vertical, focusing primarily on generating new leads, securing long-term partnerships with corporate partners, and advancing both existing and new corporate offerings.
You also work closely with the CEO, develop partnerships, contribute to the organization’s fundraising efforts and advise on strategic decisions, and contribute to leadership discussions. Your role includes representing the organization, building relationships in Switzerland and the Bay Area, and managing stakeholder relationships to create new opportunities.
Your primary areas of responsibility:
– Program Development and Team Management (60%)
– Leading the Corporate Innovation Vertical (20%)
– Leadership & Strategy (10%)
– Representing Swissnex and Networking (10%)
Screenshot
Screenshot
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Zurich – ANYbotics has received the Export Award 2025 from Switzerland Global Enterprise (S-GE) for its internationalisation strategy. In just three years, the company has built up a global partner network for its four-legged inspection robot and opened a site in San Francisco in 2024.
(CONNECT) ANYbotics is this year's winner of the Export Award from S-GE, the official Swiss foreign trade promoter. The prize was awarded on April 30 as part of the Foreign Trade Forum in Basel. With this award, S-GE recognises successful, internationally active companies that impress with their expansion strategy and innovative market development. ANYbotics came out on top against the cosmetics company Cellcosmet from Châtel-Saint-Denis FR and the telecommunications company GMS from Baar ZG.
In a presentation video by S-GE for ANYbotics, jury president Ralph Siegl explains the decision: "ANYbotics AG pursues a consistent growth strategy with clear decision-making criteria. It has the courage to say no when an opportunity does not fit. Its international expansion consistently follows its strengths. The jury was very impressed by this clarity and straightforwardness."
The developer and manufacturer of the four-legged inspection robot ANYmal for industrial applications has established itself as one of the world's leading suppliers within just a few years, according to a press release from S-GE. The spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), founded in 2016, focuses consistently on the energy, mining, chemicals and oil and gas industries. Accordingly, ANYbotics has focused on global markets from the outset. S-GE's global network served as "an ideal starting point for market development".
"When opening up new markets, we are guided by our four vertical target markets as well as the presence and needs of our multinational key customers," CCO Enzo Wälchli is quoted as saying. To this end, the company has built up a global partner network in just three years. It also opened a site in San Francisco in 2024 to gain access to the largest robot market in the world, the USA. ce/mm
ANYbotics, the developer and manufacturer of the four-legged inspection robot ANYmal, has established itself as one of the world's leading suppliers in just a few years. Image: zVg/ANYbotics
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Zurich – The Future Symposium meets ETH meets AWS takes place with the AI Future Council members, partners and ETH students. Over two days, the participants had time to develop AI Innovation solutions for real use cases, bridging the gap between the Akademia Institute, universities, Swiss SMEs and the international economy. The two-day Future Symposium used community team spirit and artificial intelligence with methodology.
The AI Future Council at the Future Symposium uses artificial intelligence for community-driven innovation
Zurich - The Future Symposium meets ETH meets AWS takes place with the AI Future Council members, partners and ETH students. Over two days, the participants had time to develop AI Innovation solutions for real use cases, bridging the gap between the Akademia Institute, universities, Swiss SMEs and the international economy. The two-day Future Symposium used community team spirit and artificial intelligence with methodology.
Day 1
On day 1, 400 business experts, CEOs and students listened to inspiring keynotes from the business world such as Mr. Bloch from Camille Bloch, Country Manager Pfizer Switzerland, Swisscom, Partner Baker Mckenzie Zurich, Top 15 ETH Startups as well as an interdisciplinary panel from pharma, law, food, academia and industry. The day was crowned by a singing finale full of inspiration, where human closeness and the spirit of the community were celebrated. After all, it has been scientifically proven that making music together connects people and triggers various positive processes in the body and brain, which inevitably have a positive effect on health and innovation.
Day 2
In the rotating innovation camp, interdisciplinary teams worked on identifying one of the key future issues ranging from technology, society, business models to AI ethics and responsibility and using innovative methods, team spirit and AI tools to develop challenges faced by SMEs and approaches to solutions as well as hypotheses in the community. Possible applications were derived from this. Questions and AI matching took place using an app newly developed for the Future Symposium thanks to Giovanni Crupi, President of Swiss Engineering with his members and AI Future Council member, where AI brought the participants together in groups based on user profiles, interests and backgrounds. The Swiss Future Institute cooperates with outstanding partners and combines the knowledge of four universities, institutes, associations and businesses to promote all levels of innovation. Not just the technological one.
"The Future Symposium inspires people across all disciplines and generations and shows us what is possible in a very short space of time," says Katrin J. Yuan, CEO of the Swiss Future Institute and AI university lecturer.
Swiss Future Institute meets ETH at the Future Symposium.
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Schlieren ZH/Zurich – Start-up promoter Venture Kick is supporting the Zurich biotech start-up UNOMR with 150,000 Swiss francs. The money will be used to develop a new technology for single-molecule protein analysis.
(CONNECT) The Zurich-based start-up UNOMR has received an investment of 150,000 Swiss francs from Venture Kick, according to a press release. The spin-off from the Swiss Federal Institute of Technology in Zurich (ETH) is developing a novel technology for single-molecule protein analysis. The aim is to make the high-resolution analysis of protein modifications widely accessible in medical diagnostics, pharmaceutical research and food science, according to the press release.
Despite the growing need for precision medicine and targeted therapies, current proteomics methods often reach their limits when it comes to reliably detecting and characterizing individual protein changes, according to the press release. This would delay progress in drug development, diagnostics and new therapies, especially for diseases where early intervention is crucial. UNOMR addresses this problem with a patented serial nanopore sensor that can detect protein modifications at the single-molecule level.
According to Venture Kick, the global market for protein characterization has a volume of 21 billion dollars and is growing by 16 percent annually. More than three quarters of the applications are in the fields of life sciences, research and development, clinical diagnostics and food and beverages. UNOMR is working with customers in all these areas and is aiming for a market share of up to 50 percent with its new technology.
The ETH spin-off intends to invest the money from the Venture Kick program primarily in expanding the team in order to accelerate business development and make the technology available for initial customer tests within the next two years. ce/gba
Previous proteomics methods often reach their limits when it comes to reliably detecting and characterising individual protein changes, but UNOMR aims to change that. Symbolic image: Pexels/RF._.studio_
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Zurich – The think tank FE+MALE presents an e-learning course that helps investors to make unbiased decisions and allocate funding more diversely. This should benefit women-led companies and also economic growth.
(CONNECT) A new e-learning course from the Zurich-based think tank FE+MALE helps investors to free themselves from unconscious bias when making decisions. According to a press release, it is now open to all interested parties at favorable starting conditions. The course was developed by FE+MALE and partners as part of the Beat Funding Bias Initiative (BFBI). The alliance behind it is committed to closing the funding gap for women-led businesses and aims to promote economic growth in a sustainable and inclusive way.
"With the BFBI online course, financial decision-makers can learn how to break down prejudices in order to boost business," FE+MALE main initiator Patricia M. Montesinos is quoted as saying. The monetary advantage has been proven by studies and case studies: In a gender comparison, women-led companies generated twice as much turnover per dollar on average. Nevertheless, they received far less funding. The course is therefore aimed at private clients and is aimed at investors, decision-makers in state institutions, foundations, family offices and the start-up ecosystem.
The content of the course was developed together with experts from various universities and is based on findings from behavioral research. Using practical examples and interactive games, course participants explore the psychology of their decision-making. According to the description, they understand the reasons for their own bias. Due to the effect of affinity bias, for example, people with similarities are often preferred. The course provides strategies for overcoming this practice, among other things. Participants receive a certificate at the end.
According to the press release, the first 20 people who register by e-mail by May 16 will receive an introductory discount of 80 percent. Details of the course will be discussed at a BFBI workshop on May 6. ce/yvh
The course is designed to benefit investors and women-led businesses in equal measure. Image: zVg FE+MALE
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This is the fifth time that the Zürcher Unterland regional location promotion organisation has awarded the coveted innovation prize. This was launched in 2021 by the Regional Economic Council to recognise and highlight innovations from the lowlands. SMEs from the Zürcher Unterland can apply now. We are looking for companies that can convince with innovative products, services, processes, business models or organisational forms.
To apply, you must have your registered office or a branch in the Zürcher Unterland. In addition, the innovation should have been implemented in the last three years or be at an advanced stage of implementation. Applications will be accepted online until June 30, 2025: zuercherunterland.ch/innovationspreis.
The prize money of CHF 5000 for the winning company and CHF 2500 each for second and third place is sponsored by Zürcher Kantonalbank and Vetropack AG.
The innovations submitted are evaluated by the Economic Council, which acts as a jury, according to the following criteria:
The award ceremony will take place on August 26, 2025 as part of the location promotion innovation event. The event will take place in Rafz at the winner of the Innovation Award 2024, Localfish AG.
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Zurich/Leeds – RIVR has signed a strategic agreement with the British parcel service Evri. Delivery robots from the Zurich-based company take over the delivery of a consignment over the last hundred meters to the front door.
(CONNECT) The Zurich-based start-up RIVR has entered into a strategic partnership with the British parcel service provider Evri. The wheeled robot from RIVR is intended to automate parcel delivery over the last hundred meters and make the work of delivery staff easier, according to a press release.
The aim is to deliver up to 800 million parcels a year. Previously, parcel carriers delivered the goods on foot and spent a large part of their working time doing so. The wheeled robot, which is supported by artificial intelligence, is intended to transfer this delivery and free up the deliverer to work on other tasks. The robot from RIVR can autonomously navigate to its destination, climb stairs and carry loads of up to 60 kilograms. A pilot project is being launched in Barnsley, South Yorkshire, England.
"In view of the exponential growth of e-commerce, optimizing logistics on the last mile is more important than ever," Marko Bjelonic, CEO of RIVR, is quoted as saying in the press release. "Our partnership with Evri is an important step towards redesigning parcel delivery with the help of robots and enabling faster, more cost-effective and driver-friendly solutions." ce/ww
RIVR's robot is designed to deliver parcels for Evri in the UK. Image: Evri
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Zurich – This year’s finalists for the ZKB Pioneer Award Technopark 2025 are Ex Nunc Intelligence, Irmos Technologies and Nanoflex Robotics. This prize is considered the most important award for deep tech start-ups in Switzerland.
(CONNECT) The ZKB Pioneer Award Technopark has been recognizing deep tech projects that are about to enter the market for over 20 years. It is awarded by the Zürcher Kantonalbank (ZKB) and the Technopark Zurich Foundation. It is endowed with around 100,000 Swiss francs for the winner and around 10,000 Swiss francs each for the runners-up. The award ceremony will take place on May 20, 2025 at Technopark Zurich. The three finalists have now been nominated.
Ex Nunc Intelligence is a LegalTech start-up from Lausanne. Founded in 2023 as a spin-off of the Swiss Federal Institute of Technology Lausanne (EPFL), the company is developing artificial intelligence (AI)-based software that is set to grow into a transformative, network-based legal ecosystem. According to jury member Lothar Thiele, it "combines different classes of algorithms, methods for data curation and multilingual generative AI in an outstanding way". The start-up is thus setting "new standards in the provision of actionable legal knowledge for both lawyers and the general public".
Irmos Technologies translates vibrations recorded by sensors on bridges and other structures into damage indicators and axle loads. The spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), which is based in Technopark Zurich, thus provides usable insights into the structural condition of infrastructures and the actual traffic load in real time. "I find their intelligent combination of cost-efficient sensors and powerful algorithms that enable precise and predictive maintenance particularly impressive," says jury member Michelle Tschumi.
Nanoflex Robotics from Opfikon ZH uses magnetic fields to guide the tips of endovascular instruments. Using a control console, medical professionals can change the shape of the device tip and move it in any direction. The ETH spin-off's technology also enables a secure remote connection for remote thrombectomies. This means that life-saving measures can be carried out more quickly, for example in smaller or rural hospitals. "I was immediately fascinated by the innovative potential of this project," jury member Emanuela Keller is quoted as saying. ce/mm
Three start-ups have the chance to win this year's ZKB Pionierpreis Technopark. Image: zVg/Technopark Zürich
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Dübendorf ZH/SeaTac – Alaska Airlines invests in Loft Dynamics. The Dübendorf-based company will develop a fully mobile Boeing 737 simulator for pilot training for the airline from the US state of Washington that uses augmented reality technology.
(CONNECT) Loft Dynamics has been commissioned by Alaska Airlines to develop a new simulator for training pilots on Boeing 737 aircraft. The airline, which is based in the Seattle metropolitan region, has announced that it will invest in Loft Dynamics via its venture capital arm Alaska Star Ventures. Alaska Airlines supports Loft with financial resources and the expertise of its training department. As soon as the VR (virtual reality) simulators have been developed, built and approved, Alaska Airlines and Loft plan to install them at individual airline bases for pilot training.
The hyper-realistic and fully mobile simulator will work with virtual and augmented reality (XR) technologies. "With flight safety a top priority and a global pilot shortage still looming, this partnership paves the way for airlines worldwide to train the next generation of outstanding pilots more efficiently and effectively than ever before," Fabian Riesen, founder and CEO of Loft Dynamic, is quoted as saying.
A big advantage of this new device from Loft is that it is "compact enough to fit in a standard office," explains Captain Jeff Severns, Alaska Airlines' Managing Director of Flight Operations Training. "This accessibility would allow pilots to train more frequently and hone their skills more efficiently." His company is looking forward to "becoming Loft's first customer for fixed-wing aircraft". Loft, which was called VRM Switzerland until December 2022, specializes in simulators for helicopter training.
Alaska Airlines' Head of Corporate Development, Pasha Saleh, emphasizes that "this technology will enable us to bring important training closer to the pilot base. This would reduce unnecessary travel and time." It represents a "paradigm shift and has the potential to drastically improve the quality of training for professional pilots". ce/mm
Loft Dynamics has already developed a simulator for the Airbus H145 helicopter (pictured). Now the company has been commissioned by Alaska Airlines to develop a simulator for training on Boeing 737 aircraft. Image: zVg/Loft Dynamics
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The Obersee Economic Forum is the annual business conference for the region around the upper Lake Zurich and Linth area. Originating and further developed from the KMU Forum Obersee, the event is well attended by representatives from the regional economy and industry. Participants can expect well-known speakers, exciting personalities and have the opportunity to cultivate their personal network, while forging new connections.
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Winterthur/Hausen AG/Tampere – Designwerk Technologies and Finnish lift manufacturer Bronto Skylift present the first fully electric truck with a hydraulic lift. After Bauma in Munich, the vehicle will be used by the building cleaning company Rohr AG from Hausen.
(CONNECT) Winterthur-based Designwerk Technologies AG and Finnish aerial work platform manufacturer Bronto Skylift have launched the first fully electric truck with a hydraulic work platform and a maximum working height of 56 meters. According to a press release, the new vehicle will be presented at the Bauma trade fair in Munich from April 7 to 13.
The MC 8x2R electric truck from Designwerk is fitted with the aerial work platform from Bronto Skylift's S-XR series. The vehicle with four axles - three of which are steered - is easy to maneuver. A 500-kilowatt-hour battery provides full power for the entire working day.
The working platform can be extended to a height of 56 meters and has a working range of 41 meters. The extendable workman basket can carry loads of up to 600 kilograms. It is equipped with electrical connections and a water connection. This equipment was developed in collaboration with the Aargau-based cleaning company Rohr AG, which will also be putting the first commercial vehicle in the series into operation. Rohr AG wants to use the all-electric solution for façade and glass cleaning in urban environments and reduce CO2 emissions in the process, according to the press release.
"We are delighted to be able to offer our customers an environmentally friendly alternative without compromising on performance," said Dominik Keller, Global Access Segment Director at Bronto Skylift, in the press release. "This is an important step towards a more sustainable future for the industry. Rohr AG's initiative was crucial to the development of this product and we thank Designwerk for the successful collaboration." Patrick Dörge, Chief Operating Officer of Rohr AG, is convinced that the new e-truck meets the customers' desire to reduce the use of fossil fuels. ce/ww
Fully electric drive of the crane, the work platform and extendable supports. Image: zVg/Designwerk Technologies AG
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Rümlang ZH – The Riedmatt Center Rümlang is being strengthened by memox and Monkey Town. The provider of rooms for seminars and events, memox, is moving into the separate top floor. Rümlang is the second location in Switzerland for the Monkey Town indoor playground, alongside Horgen ZH.
(CONNECT) The Riedmatt Center Rümlang welcomes two internationally active companies as new tenants. memox, a provider of meeting and event rooms active in Germany and Switzerland, is moving into the separate top floor high above the center, UCW AG, the operator of the Riedmatt Center Rümlang, announced in a press release. The Monkey Town chain, which is represented in the Netherlands, Germany and Switzerland, is setting up an indoor playground in the center on over 1600 square meters.
"With memox and Monkey Town, we are gaining two more tenants that are among the leading providers in their segment," Dieter Bosshard, CEO of Riedmatt Center Rümlang, is quoted as saying in the press release. "We are thus expanding our offer for companies in the area of events and team building as well as for the little ones." According to the press release, the center has already successfully established itself in the region. The number of visitors during the last Christmas and sports vacations increased by 7 percent compared to the previous year.
For memox, the approximately 1000 square meter new location at Zurich Airport West is the company's largest location. With the Riedmatt Center Rümlang, Monkey Town has found "the ideal second location in Switzerland after Horgen", explains Eleni Gossen, Country Director Austria & Switzerland at Monkey Town, in the press release. "The center is already well-known and popular with families in the region." ce/hs
Dieter Bosshard has been CEO of the Riedmatt Center Rümlang since summer 2024. Image: zVg/UCW AG
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Bülach ZH – The Zurich lowland location is accepting applications for the Zurich lowland 2025 Innovation Award until June 30. Interested companies must have their registered office or a branch in the Zurich lowland. The winning company will receive prize money of 5000 francs.
(CONNECT) The Zurich lowland location is presenting its Innovation Award for the fifth time. Companies with innovative products, services, processes, business models or organizational forms are being sought for the Innovation Award Zurich lowland 2025, the location promotion agency explains on its website. SMEs can apply until June 30. To take part in the competition, you must be based or have a branch in the Zurich lowland.
The Zurich lowland location provides interested companies with an online registration form. Information about the company and a description of the innovation are requested here. The assessment criteria are degree of innovation, impact on the regional economy, impact on social life, impact on the environment, image impact and appeal for the region as well as transferability to other SMEs.
The Business Council of the Zurich lowland location, which acts as a jury, will select three winning companies from the applications. The winning company will receive prize money of 5000 francs. There is prize money of 2500 Swiss francs for second and third place. The award ceremony will take place as part of the innovation event organized by the location promotion agency. It will take place on August 26 at the winner of the Innovation Award 2024, Localfish AG, in Rafz. ce/hs
The Zurich lowland business promotion area is awarding its innovation prize for the fifth time. Last year, the prize was won by Localfish, Swiss Drone Services and Scinora. Image: Andrea Lobsiger/zVg/Location Zurich lowland
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Zurich – Manukai has received capital of 2.6 million Swiss francs from investors. This will enable the spin-off from the Swiss Federal Institute of Technology in Zurich to bring its artificial intelligence technology for computer-controlled metalworking closer to market maturity.
(CONNECT) Manukai has raised 2.6 million Swiss francs in an oversubscribed pre-seed financing round. The round was led by the Technopark Zurich-based venture capital company QBIT Capital, according to a press release. Bloomhaus Ventures from Zug, Innosuisse and a group of angel investors have also invested.
According to an article in Tech Funding News, the spin-off of the Swiss Federal Institute of Technology in Zurich, which was founded in 2023, intends to use the fresh capital to further develop its own software package and bring it closer to market maturity. It is based on machine learning and uses this artificial intelligence (AI) to automate and optimize high-precision, computer-controlled metalworking (CNC).
The patent-pending Manukai software can reportedly be seamlessly integrated into existing CNC programming tools. "What really sets us apart is our data-driven approach," CEO and co-founder Pascal Weber is quoted as saying. "Our algorithms use customer data within their secure environments, ensuring comprehensive IP protection and improving CNC programming at the same time."
According to Georges Khneysser, Founder and General Partner of lead investor QBIT Capital, Manukai demonstrates "how AI can unlock immense value from legacy data and revolutionize manufacturing efficiency worldwide. With Switzerland's unparalleled industrial heritage and Zurich's cutting-edge AI ecosystem, Manukai is ideally positioned to lead the global evolution of manufacturing." ce/mm
Manukai's AI-powered software optimises computer-aided metal processing. Symbolbild: Pexels/Daniel Smyth
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Zurich – Location promoter Greater Zurich Area (GZA) helped 91 international companies to relocate last year. These included a particularly large number from the cleantech sector. And with Starlab Space, the region is beginning to play a key role in the global new space economy, according to GZA.
(CONNECT) In terms of location marketing, 2024 surpasses previous years in terms of quality, size and excellence. This is the GZA 's summary of its activities over the past year. As the location promoter explains in a press release, the GZA supported a total of 91 international companies in their expansion projects in this "year of top quality" together with the public location and economic development agencies of the joint economic area.
The GZA describes it as "particularly pleasing" that four out of five of these settlements come from the actively marketed key technologies of cleantech and artificial intelligence, the strategic focus for 2024. "In 2025, sustainability and innovation will become even more of a strategic focus for GZA," says Managing Director Lukas Huber. "Since the beginning of 2024, we have been evaluating projects not only in terms of economic aspects, but also from an environmental and social perspective."
According to GZA, the most important new additions include companies such as Revolut, Anthropic, OpenAI, the Robotics and AI Institute, BYD and Estun Automation. The strong international focus of these settlements confirms the attractiveness of the Zurich economic area for companies from the fintech, robotics, electromobility and artificial intelligence sectors.
The Starlab Space project also deserves special mention. The Greater Zurich Area is thus also positioning itself as a central innovation location in the future sector of the New Space Economy. "The location factors that make up the success of the Greater Zurich Area - from quality of life and security to tax attractiveness, entrepreneurial administrations, infrastructure and talent pool - must continue to be actively cultivated," summarizes GZA Chairman of the Board of Directors Dr. Balz Hösly. ce/mm
The British fintech company Revolut (here the headquarters in London) is also new to the Greater Zurich Area. Image: Revolut
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Schlieren/Zurich – Venture Kick supports Remuun with 150,000 Swiss francs. The spin-off from the University of Zurich has developed a platform designed to speed up the discovery of precision antibodies. The aim is to improve immunotherapies for the treatment of cancer and similar diseases.
(CONNECT) The biotech start-up Remuun has secured funding of 150,000 Swiss francs for targeted antibody therapies in the treatment of cancer and related diseases, according to a statement from Venture Kick.
The start-up, which was spun off from the University of Zurich, has developed a patented platform that enables the rapid and precise production of customized monoclonal antibodies. "Based on its expertise in the interactions between the immune system and tumors, Remuun aims to deepen scientific understanding and develop more effective immunotherapies," the press release states.
Current procedures are often slow, cost-intensive and limited in their therapeutic scope. This makes it more difficult to develop new therapies, especially for cancer and diseases of the immune system. Remuun's approach aims to mimic the natural process of antibody diversification in the laboratory.
The funding will be used to build strategic partnerships with pharmaceutical companies, drive forward the development of a new generation of antibody-based therapies and expand the intellectual property portfolio. "The funding, mentoring and access to a broad network of experts have not only accelerated our research, but also sharpened our business strategy," Richard Chahwan, founder and CEO of Remuun, is quoted as saying in the press release.
The start-up promoter Venture Kick supports young companies from the idea to the founding of the company. In addition to financing, it also offers mentoring and access to an international network of companies and investors. ce/heg
Remuun has developed a platform that is expected to lead to faster discovery of precision antibodies, including those used to treat cancer. Symbol image: Pexels/Ave Calvar Martinez
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With the Digital Economy Award, we want to motivate and promote companies and organizations that are advancing digital transformation and digitalization in Switzerland. The Digital Economy Award is organized by the ICT trade association swissICT. The Digital Economy Award was created in 2018 through a merger of the Swiss ICT Award and the Swiss Digital Transformation Award. The Digital Economy Awards ceremony will take place on November 13, 2025 at the Hallenstadion in Zurich.
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Winterthur – RWAI has raised 1.5 million Swiss francs in a financing round. The funds will be used to expand its TicketPilot platform, which uses artificial intelligence and machine learning to help companies with customer support and software maintenance.
(CONNECT) RWAI has received 1.5 million Swiss francs from business angels. According to a statement from the Winterthur-based start-up, the growth capital is intended to fuel the growth of its TicketPilot platform and enable market expansion with an enlarged team.
Founded a year ago, the start-up is a spin-off from the Center for Artificial Intelligence at Zurich University of Applied Sciences (ZHAW). Its name RWAI stands for Real World Artificial Intelligence and is intended to signal that the young company offers solutions for the world of work "that offer measurable added value" with the help of artificial intelligence (AI) and machine learning.
The flagship product TicketPilot, for example, is intended to "change the way software companies manage service, support and maintenance". Whenever software is used, the ZHAW explains in a brief portrait of the company, users have questions, consult documentation, suggest improvements, discover errors and need support. "These processes involve considerable effort for software companies. TicketPilot simplifies, accelerates and relieves these processes."
The platform's AI agents automatically classify tickets, find similar incidents, generate answers, solution suggestions, result predictions and sentiment analysis to measure customer satisfaction and anonymize data. "With TicketPilot, companies can benefit from the advantages of artificial intelligence and machine learning without having to build up in-depth expert knowledge themselves," says RWAI co-founder Simon Spalinger from the ZHAW. ce/mm
The start-up RWAI has received 1.5 million francs from business angels. Symbol image: Pixabay.com/ccfb
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Au ZH/Villigen AG/Tokyo – The Tokyo-based pharmaceutical company Taiho is acquiring Araris Biotech for around 1.14 billion dollars. With this valuation of over 1 billion dollars, the spin-off of the Paul Scherrer Institute has risen to the rank of a so-called unicorn just six years after its foundation.
(CONNECT) Araris Biotech from Au is taken over in its entirety by Taiho Pharmaceutical. According to its announcement, Araris will receive 400 million dollars from the Tokyo-based company, which focuses on research and development with an emphasis on oncology, as a first step. The agreement also includes further payments amounting to 740 million dollars. This increases the total volume of the transaction to 1.14 million dollars. Araris and Taiho had already started working together in November 2023.
Araris was founded in 2019 by Dr. Philipp Spycher on the basis of research work at the Center for Radiopharmaceutical Sciences at the Paul Scherrer Institute (PSI) in Villigen. As PSI explains in its own media release entitled "Milestone of superlatives", this company valuation of over 1 billion dollars makes Araris its first unicorn.
The company develops novel antibody-drug conjugates (ADCs) for the targeted treatment of cancer. It produces these ADCs using its proprietary linker technology. In this novel therapeutic approach, cell- and cytotoxic active substances are coupled to antibodies via a compound, a linker, which transports the active substance directly to the tumor cell as a "Trojan horse" and kills it.
The method developed by Araris for binding between antibody and active substance is more efficient and better to produce than previously used constructs, according to the PSI. The company will therefore remain a subsidiary of Taiho and continue its activities in Switzerland.
Spycher, the former CEO and current scientific director of Araris, was reportedly accompanied by the PSI technology transfer team on his path from researcher to entrepreneur and ultimately in founding the company. "Thus," says PSI in the press release, "the acquisition is not only a huge success for Araris Biotech AG - but also for PSI." ce/mm
Araris Biotech is developing a new class of antibody-drug conjugates (ADCs) for the targeted treatment of cancer. Symbol image: AhmadArdity/Pixabay
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ddrobotec® by Dynamic Devices AG, a Zurich-based Swiss market leader in AI-powered and data-driven robotic trainer technology, is pleased to announce a strategic partnership with SCHNELL Trainingsgeräte GmbH.
The renowned German company SCHNELL has stood for high-quality therapy and training equipment with biomechanical expertise for decades. This collaboration marks a significant step for the future of intelligent testing and training by combining state-of-the-art robotic trainer technology with in-depth experience in biomechanics, ergonomics, health and sports.
With over 60 years of innovative strength, SCHNELL enjoys the trust of professional athletes, rehabilitation specialists and fitness enthusiasts worldwide. The integration of ddrobotec®'s advanced AI-powered testing and training solutions into SCHNELL's science-based devices creates a whole new dimension of personalized, precise and efficient health and performance optimization.
"We are very much looking forward to working with ddrobotec® in the future. Their expertise in robotics and AI-assisted training and testing, combined with their gamified approach, will also shape our view of how training will be designed in the future. At the same time, we are contributing our expertise in biomechanics, design and manufacturing to this partnership with the aim of setting new standards in health, durability and performance," says Achim Schnell, CEO of SCHNELL Trainingsgeräte GmbH.
"This partnership combines the best of both worlds: the unmatched quality of SCHNELL training devices and our expertise in AI-powered bio-robotics and gamification," says Dr. Max Lungarella, CEO of ddrobotec®. "Together, we will redefine how people train, regenerate and optimize their performance - and help them stay healthy and vital for longer."
With a shared commitment to health and innovation, this collaboration will introduce intelligent and motivating training and testing solutions that adapt to individual needs in real time - for more effective, safer and customized training.
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Basel/Zurich – Vector8 is acquiring the artificial intelligence (AI) company aighty-twenty and the strategy consultancy Morrow. In this way, vector8 aims to become an integrated partner throughout Europe, from consulting to the scaled use of AI through to organizational implementation.
(CONNECT) The Basel-based company vector8 has acquired two Zurich-based companies: aighty-twenty and Morrow. As vector8 explains in a press release, the fast-growing and internationally active AI transformation company aims to become an end-to-end partner for AI transformations throughout Europe, "from strategic consulting to scaled AI deployment and organizational change management".
With aighty-twenty, vector8 is reportedly bringing "one of the most dynamic AI companies in Switzerland" on board. It has acquired 25 customers in a very short space of time, including Raiffeisen, Axpo and Helsana, and is able to seamlessly integrate AI into company processes.
Through Morrow, vector8 aims to expand its capabilities in terms of business model transformation, business building and strategic AI implementation. Morrow specializes in finance, insurance and healthcare. By joining forces, the three companies reportedly count the five largest Swiss banks and four of the five largest Swiss health insurers among their clients.
"AI is redefining industries, and companies need a partner who can deliver both strategic vision and implementation," aighty-twenty co-founder and CEO Niclas Delfs is quoted as saying. "With vector8, we are uniquely positioned to guide companies through the entire AI transformation process." Morrow co-founder Robert Iken is looking forward to combining his own consulting expertise with AI capabilities. And Marc Maret, co-founder and Group CEO of vector8, believes: "Together, we are setting a new standard for comprehensive AI transformation." ce/mm
Vector8 acquires AI company aighty-twenty and strategy consultancy Morrow. Symbol image: geralt/Pixabay
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Schlieren ZH/Zurich – OxyPrem has concluded swarm financing via Capital Cell. The target of 2.3 million euros was narrowly achieved. The valuation of the oxygen sensor provider is a good 17 million euros.
(CONNECT) OxyPrem has officially closed its crowdfunding campaign on Capital Cell, according to a statement from the manufacturer of oxygen sensors for the brains of premature babies. According to the campaign page, 2,911,803 euros of the targeted 2.3 million were raised in the crowdfunding round, which runs until February 28. The valuation of OxyPrem is 17.1 million euros.
OxyPrem, based in Schlieren and Zurich, develops optical sensors that precisely monitor the oxygen content in the brain non-invasively and continuously. This helps medical teams to react in time and counteract insufficient oxygen levels to prevent irreversible brain damage and lifelong disabilities. According to OxyPrem, around 10 percent of all people are born prematurely. These infants are at high risk of lifelong brain damage caused by harmful oxygen levels in the brain.
Commenting on the investment in OxyPrem, Capital Cell says that the technology on which the sensors are based has shown that it can reduce false positives and negatives from one in six measurements to just one in 200. reduced. It is based on 13 clinical studies and 17 publications, among other things. The first product, launched as OxyPrem 1.4, has already been used for over 300 extremely premature babies in 38 neonatal intensive care units in Europe and India. ce/gba
OxyPrem develops optical sensors that continuously and accurately monitor oxygen levels in the brains of newborns in a non-invasive way. Symbolic image: Pexels.com/Rene Terp
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Dietikon ZH/Baar ZG – DuraMon, which specializes in concrete corrosion monitoring, has successfully completed a seed extension round worth 1.6 million Swiss francs. This should enable scaling and expansion beyond the DACH region. Sika continues its support for DuraMon.
(CONNECT) According to a press release, Dietikon-based DuraMon AG successfully completed a financing round of 1.6 million Swiss francs for the seed extension in February. The round was led by venture capital and private equity investor QBIT Capital in Zurich, which had already led DuraMon's seed financing round in June 2023. Sika in Baar, a key investor since June 2023, has extended its commitment by re-investing as a strategic partner alongside Helbling Equities and others, it added. The fresh capital creates the conditions for scaling and expansion beyond the DACH region.
DuraMon is a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH) that specializes in a new type of sensor technology that ensures long-term stable corrosion monitoring of concrete infrastructures such as bridges, tunnels, multi-storey parking lots and parking garages. This enables the early detection and understanding of deterioration processes in concrete structures, according to the press release. This allows the right type of repair to be determined at the right time and in the right place in the structure, enabling building owners to optimize their maintenance strategies and reduce repair costs.
The newly secured funding will enable DuraMon to automate and optimize key internal processes, namely automated data analysis and sensor installation, according to the press release. There will also be a strong focus on customer development and expanding DuraMon's market reach beyond the DACH region into other European countries. ce/gba
The DuraMon team can now use the fresh capital to advance the start-up. Image: DuraMon
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Zurich – CellX Biosolutions has successfully closed its pre-seed round with a total amount of CHF 1.7 million. This capital will drive the development of the first commercial bacterial solution for the degradation of PFAS.
(CONNECT) The start-up CellX Biosolutions in Zurich has raised a total of 1.7 million Swiss francs in its pre-seed round, according to an announcement on LinkedIn. "This capital will drive the development of the first commercial bacterial solution for the degradation of PFAS. We are now embarking on exciting collaborations with industry partners to develop customized products that address real-world challenges," says CEO and co-founder Estelle Clerc.
PFAS are perfluorinated and polyfluorinated alkyl compounds that are used in many products such as pans, textiles and packaging. CellX Biosolutions combats chemical pollution with powerful bacterial degradation products that enable CO2 emission-free degradation of industrial pollutants. A microfluidic tool - micro-scale liquid delivery - is used to identify unique bacteria with high degradation capacity that can break down harmful chemicals such as PFAS and pharmaceuticals.
Start-up sponsor Venture Kick in Schlieren ZH supported CellX Biosolutions with 150,000 Swiss francs as recently as November. Estelle Clerc describes the total proceeds of 1.7 million Swiss francs in the financing round as a "milestone" that "would not have been possible without the unwavering support of our investors, partners and advisors". She particularly emphasized the main investor Positron Ventures. The venture capital and private equity investor is based in Amsterdam.
CellX Biosolutions is equally grateful to Kickfund, Venture Kick and "our business angels, including our early supporters Marcello Campanelli and Ian Metcalfe", Clerc continues. She also thanked the City of Zurich for its support in furthering the mission of the young company through non-dilutive funding as part of the KlimUp program.
Non-dilutive funding is a form of financing in which a company does not finance itself by selling its own shares. ce/gba
From left to right: Christian Engler (Head of Technology), co-founder Geoffrey Besnier (COO), founder and CEO Dr Estelle Clerc, Dr Fabienne Kurt (Head of Product Development). Image: Venture Kick
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London – The “Financial Times” has presented the second edition of Europe’s Leading Start-up Hubs. According to the report, seven of the 150 best start-up promoters in Europe are based in Switzerland. Venture Kick makes it to 6th place in Europe.
(CONNECT) The Financial Times (FT) has presented the second edition of Europe's Leading Start-up Hubs. It includes 150 start-up promoters across Europe and was compiled together with Statista and Sifted, according to an article. Switzerland is represented in the list of the best with seven organizations. These are Venture Kick in Schlieren ZH, described by the FT as a technology promoter in 6th place, followed by Fongit in Geneva in 24th place, which is named as a medical promoter in the FT list.
The Runway Incubator in Winterthur is ranked 50th on the list. "We support business ideas from all sectors," it says on its website. The Female Founders Initiative in Zurich, which specializes in promoting female founders, achieved 65th place and the Inovation Office at the University of Basel 85th place. 100th place went to the Startup Campus Winterthur and 109th place to the innovation agency of the Canton of Ticino, the Fondazione Agire based in Manno.
The list for 2025 again includes 150 hubs, which were evaluated by alumni and external experts such as investors, entrepreneurs and scientists, according to the FT article. The German UnternehmerTUM in Munich leads the ranking for the second year in a row. The non-profit organization offers programs that support start-ups with the basics of building a company.
The country with the most hubs in the ranking is the United Kingdom with 29, most of which are based in London. There are 19 centers in Germany and 24 in Spain and Portugal combined, two of which are among the top 20 in the overall ranking.
The full special report Europe's Leading Start-up Hubs 2025 is due to be published in March. ce/gba
Pictured: Jan Lichtenberg (member of the Venture Kick Strategy Committee), Jordi Montserrat (co-founder of Venture Kick), Pascale Vonmont (chair of the Venture Kick Strategy Committee), Philip Hassler (co-managing director of Venture Kick), Philip Bodmer (member of the Venture Kick Strategy Committee), Suzanne Avedik (member of the Venture Kick Strategy Committee) and Beat Schillig (co-founder of Venture Kick). Image: Venture Kick
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Kilchberg/Horgen ZH – Food Brewer has gained Lindt & Sprüngli and the Belgian venture capital firm Sparkalis as investors in its latest financing round. The start-up produces cocoa and coffee powder from plant cell lines, offering food companies natural and GMO-free alternatives.
(CONNECT) Chocolate manufacturer Lindt & Sprüngli and Belgian venture capital firm Sparkalis have invested in Food Brewer AG in a recently completed financing round. In a press release, the young company based at the Horgen Labs Innovation Campus welcomes both as strategic investors and new employees. It describes the involvement of both as "further confirmation of our business and the market need for what we are building".
Food Brewer was founded in 2021. The company produces cocoa and coffee powder from plant cell cultures and thus offers food companies an alternative supply of products made from these tropical plants. According to Food Brewer, "the traditional cultivation of these plants is becoming increasingly difficult, while global demand is growing at the same time".
Food Brewer extracts the cells from the plants that are responsible for the growth of the bean. The Zurich-based start-up has patented the particularly time-efficient method for this identification process. On average, it takes a few weeks to complete the cell line.
The selected cells then grow into a larger cell mass in a tank with a suitable nutrient solution, which is ready for harvesting after a few days. After removing some of the cells, they are subjected to a drying process. This ultimately results in cocoa or coffee in powder form. ce/mm
Lindt & Sprüngli is also investing in the start-up Food Brewer, which produces cocoa and coffee powder from plant cell lines. Picture: Lindt & Sprüngli
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AMNIS Treasury Services AG (amnis), a Zurich-based fintech founded to reshape international banking for companies, announces the successful closing of its Series-B investment round, raising CHF 10 million to accelerate its growth. Swisscom Ventures has led the round.
Zurich - Zurich-based fintech AMNIS Treasury Services AG (amnis) successfully closes Series B funding round, securing CHF 10 million. The funding round was led by Swisscom Ventures, with participation from existing investors such as Lansdowne Investment Company Ltd. The round also included a CHF 2 million non-dilutive debt agreement with Lendity to further drive its expansion and product development.
Amnis provides an international banking platform for SMEs, facilitating global payments, reducing transaction costs, and automating accounting processes. Over the past 12 months, its payment volume has more than doubled, driven by strong demand for its debit card and expense capturing features.
With the newly secured funds, amnis plans to expand into additional European markets and enhance its platform with deeper ERP and accounting integrations. Furthermore, new embedded card and e-commerce solutions will be introduced to enable seamless international transactions and automated financial processes for businesses.
Changes to the Board of Directors
Alongside the funding round, amnis announces strategic changes to its Board of Directors: Peter Gerlach will take over as the new President of the Board, while Semih Kaçan, Investment Director at Swisscom Ventures, joins the board. Co-founders Robert Bloch and Philippe Christen are stepping down from the board but will continue in their roles as COO and CFO, respectively.
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Schlieren ZH – LimmaTech Biologics has vaccinated the first participants in a Phase 1 trial in the USA with its multivalent vaccine candidate LBT-SA7. The company will receive a further 6.5 million dollars from the CARB-X funding initiative.
(CONNECT) The biotech company LimmaTech Biologics has vaccinated the first participants in a controlled Phase 1 trial in the USA with its multivalent vaccine candidate LBT-SA7, according to a press release. The candidate is intended to prevent skin and soft tissue infections (SSTIs) caused by the bacterial pathogen Staphylococcus aureus (S. aureus).
S. aureus infections are a major health challenge worldwide and cause an estimated 1 million deaths per year. The vaccine candidate contains attenuated forms of the pathogen's toxins to prevent infection by neutralizing the toxins.
LimmaTech has started the Phase 1 clinical trial in the USA after the FDA approved fast-track status. It is a randomized, double-blind and controlled dose-escalation study involving 130 healthy adults aged 18 to 50 years. The first results are expected in the second half of 2025.
"We believe that LBT-SA7 has the potential to provide a much-needed solution for people suffering from S. aureus infections," LimmaTech COO Patricia Martin-Killias is quoted as saying.
The company also announces the receipt of 6.5 million dollars from the CARB-X funding initiative focused on the fight against antibiotic resistance. The support from CARB-X not only helps to accelerate the clinical development of LBT-SA7, but also underlines the importance of the task of developing efficient solutions for prevention, Franz-Werner Haas, CEO of LimmaTech, is quoted as saying.
LimmaTech Biologics is based in Schlieren and is a member of the Bio-Technopark Schlieren-Zurich. ce/gba
LimmaTech Biologics has vaccinated the first participants in its Phase 1 study of the multivalent vaccine candidate LBT-SA7. Symbolic image: whitesession/Pixabay
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Zurich – Nexoya is planning a Europe-wide expansion and is now focusing on the Italian market. The developer of marketing solutions based on artificial intelligence has launched a new function in its solution.
(CONNECT) According to a statement from Nexoya, the Zurich-based marketing company is aiming for growth in the Italian market. Since 2018, the start-up has specialized in artificial intelligence-driven analyses for digital marketing. Following the opening of an office in Milan in 2024, the latest feature of Nexoya’s marketing solution, scenario simulation, is now to be used on the Italian market. “The tool, which was launched in the DACH region last year, makes it possible to predict and analyze business results based on different budget levels,” it says in a press release. By defining a budget range, it is possible to evaluate the impact of budget changes on marketing performance.
Nexoya initially wants to expand in Italy and open up further international markets. According to its own information, the Milan team already supports leading companies in Italy, including Vodafone, Stroili, Scholl and ITA Airways.
According to CEO Marco Hochstrasser, other companies are set to benefit from AI-supported marketing optimization. “We are pleased to support marketing teams in Italy in optimizing budgets across channels and improving the efficiency and impact of their campaigns,” he is quoted as saying.
“I am very satisfied with our growth on the Italian market,” says Diana Capitta, Market Innovation Leader Italy. “Our sales and customer teams are a success factor here. Because one of the advantages of Nexoya is definitely the consulting aspect,” she is quoted as saying. ce/heg
The team of Nexoya in Zurich. Image: zVg/Nexoya
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Dübendorf ZH/Sofia – LogicStar has raised 2.9 million euros in a pre-seed financing round. The main objective of this investment is to validate LogicStar’s artificial intelligence (AI)-driven software maintenance technology in ongoing pilot projects at companies.
(CONNECT) LogicStar has received 2.9 million euros in seed capital from investors. The London-based venture capital firm Northzone led the pre-seed financing round for the company, which was founded in June 2024. Angel investors from DeepMind, Fleet, Sequoia Scouts, Snyk and Spotify have also participated.
LogicStar is a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH) and the Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) in the Bulgarian capital Sofia. The Dübendorf-based company has developed an AI agent for fully autonomous software maintenance. It provides self-healing software applications, independently reproduces application problems, tests solutions and suggests precise corrections without the need for human supervision.
According to a statement from Northzone, the platform is developing rapidly: support for Python is already available. Extensions for Typescript, Javascript and Java are to follow soon.
LogicStar was founded by Mark Müller, Boris Paskalev, Veselin Raychev and Martin Vechev. The latter three previously built DeepCode.ai and scaled it to an annual turnover of 100 million dollars. The company, also an ETH spin-off, has built the first AI platform for codes. It was acquired by Boston-based cybersecurity unicorn Snyk in 2020. Prof. Dr. Vechev also heads the ETH laboratory for safe, reliable and intelligent systems.
"The potential of this technology to optimize development processes, reduce costs and accelerate innovation is immense," Northzone partner Michiel Kotting is quoted as saying. "The team has tremendous technical expertise and a proven track record, enabling them to deliver real, impactful results. The future of software development is being reshaped and LogicStar will play a critical role in software maintenance." ce/mm
LogicStar has developed an AI agent for fully autonomous software maintenance. Symbolbild: Pixabay
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Zurich/Redmond – Microsoft is forming a new team in Zurich. It is primarily intended to further develop the chat assistant called Copilot, which works with artificial intelligence (AI). For the launch, Microsoft’s AI boss Mustafa Suleyman poached three AI specialists from Google DeepMind.
(CONNECT) Microsoft is creating another field for artificial intelligence research in Zurich: Microsoft's new AI lab will primarily work on the further development of Microsoft Copilot. Davide Bonapersona, Head of Product and Technology Development at Microsoft AI, Microsoft's new AI department founded in 2024 , provides more information. He adds: "Zurich is a magnet for top AI talent and we look forward to increasing our investment there and in Europe."
The CEO of Microsoft AI, Mustafa Suleyman, has poached three AI specialists from Google's AI subsidiary DeepMind as founding members of the Zurich AI lab, which is set to grow to several dozen specialists: Zalán Borsos, Marco Tagliasacchi and Matthias Minderer. Suleyman had co-founded DeepMind. The London-based company has been part of Google since 2014 and has developed the AI chat agent Gemini.
Zalán Borsos and Marco Tagliasacchi are audio specialists. "I am very pleased to announce that I have joined Microsoft AI as a founding member of the new Zurich office," Borsos said on LinkedIn. " I will focus on driving the audio capabilities forward together with an outstanding team." Tagliasacchi announces that the Zurich laboratory will be working with teams in London and the USA: "I am looking forward to the journey ahead of us." According to Minderer, he is working on the visual skills "and can hardly wait to get started. There's a lot to do!"
Microsoft has been operating the Mixed Reality & AI Zurich Lab in Zurich since 2019. It is headed by Professor Marc Pollefeys. The computer scientist from the Swiss Federal Institute of Technology in Zurich is also head of the Microsoft Spatial AI Lab Zurich, a research and development team for computer vision and machine learning. This has also set itself the task of equipping Microsoft Copilot with spatial perception and thinking skills. ce/mm
Microsoft is opening a new AI lab in Zurich. Image: Microsoft
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Zurich/Schlieren ZH – Zurich-based medtech Scanvio has secured 150,000 Swiss francs in support from Venture Kick. The spin-off of the Swiss Federal Institute of Technology in Zurich intends to use the fresh money to further develop its ultrasound platform for diagnosing endometriosis.
(CONNECT) The Zurich-based medtech company Scanvio has been able to acquire 150,000 Swiss francs from the Schlieren-based start-up promoter Venture Kick. According to a press release, the company, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), intends to use the fresh money to improve its artificial intelligence (AI)-based ultrasound diagnostics for endometriosis.
Endometriosis is a painful uterine disease that affects around 10 percent of women of childbearing age worldwide. The current standard diagnostic procedure is invasive laparoscopic. It is complex and expensive and in many cases is only used after many years of pain.
With the method developed by Scanvio, diagnostics can be performed during routine transvaginal sonography. To further increase diagnostic reliability, Scanvio intends to use the acquired support to refine the assistant and add more AI-supported ultrasound images. The next step is to prepare the product for CE marking and approval by the Food and Drug Administration for the US market.
“Venture Kick was a crucial partner on our journey. The structured process and tight timelines helped us to sharpen our strategy, define our value proposition more clearly and engage with customers at an early stage,” Stefan Tuchschmid, CEO of Scanvio, is quoted in the press release. Winning the 150,000 francs is “more than just financial support – it confirms our vision of making expert sonography accessible to a wide range of users”. ce/eb
The Scanvio team: Vaishnavi Shriram (Founder's Associate), Sergio Tascon-Morales (Senior Machine Learning Engineer), Fabian Laumer (CTO), Gabriel Fringeli (Lead AI Engineer), Maria Narciso (Clinical Operations Manager), Lavinia Schlyter (AI Software Engineer), Carina Käser (Associate Product Manager) and Stefan Tuchschmid (CEO). Picture: Venture Kick
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Zurich – The Zurich-based ph. AG has founded the subsidiary KA EX Asia Pacific in Singapore. From there, the cortisol-reducing sports regeneration drink KA-EX is now set to conquer Asian markets after the USA. A new Singaporean investor and crowdfunding should help.
(CONNECT) ph. AG has opened a branch in Singapore and founded the subsidiary KA EX Asia Pacific (Kangji Energy Holdings). In a press release, the young company describes this as an important milestone "in our mission to make KA-EX a globally recognized name - a Swiss innovation that is conquering the world".
KA-EX was initially developed as an anti-hangover drink that optimizes a number of bioprocesses, in particular cortisol reduction, sleep and regeneration. It was later discovered by professional athletes as a dietary supplement for regeneration after competitive sport.
As startupticker.ch reports, the company closed a series A financing round with 1.5 million Swiss francs a week ago. This round was led by a private equity company from Singapore in order to secure the distribution rights for Asia. The new investor is assuming the costs for market entry and development in Singapore in full. It also has a stake in a retail chain in China. "Until KA-EX is approved in China, we want to launch in other markets," ph. co-founder and KA-EX inventor Pedro Schmidt is quoted as saying.
In addition, ph. has raised over 1 million francs with a crowdfunding campaign. According to another press release, this has already been oversubscribed and will probably be closed early.
In December 2024, ph. announced that sales had increased fivefold during the six-month test phase in the US and had exceeded the target figures right from the start. At that time, ph. had already announced that the now completed Series A investment and a third crowdfunding campaign would support further market expansion in the USA. ce/mm
ph. AG has founded the subsidiary KA EX Asia Pacific in Singapore. Symbolbild: dronepicr, CC BY 2.0 via Wikimedia Commons
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Zurich – 13 DeepTech start-ups have made it to the final of the ZKB Pioneer Award Technopark 2025 out of a total of 54 applications. The prize, endowed with 100,000 Swiss francs, will be awarded on May 20 at Technopark Zurich.
(CONNECT) Zürcher Kantonalbank (ZKB) and Technopark Zurich will be awarding the ZKB Pioneer Prize Technopark 2025 on May 20 at Technopark Zurich. The finalists are 13 DeepTech start-ups selected by a jury from a total of 54 applications, ZKB and Technopark Zurich announced in a press release. "The record number of applications and the diversity of the projects submitted show impressively how much innovative strength there is in the Swiss start-up landscape," Matthias Hölling, jury member and Head of Foundation Areas at Technopark Zurich, is quoted as saying.
The press release presents the finalists in alphabetical order with brief profiles. Annaida Technologies from Ecublens VD uses magnetic resonance technology to analyze pre-implanted embryos. Apheros from Zurich produces metal foams for cooling solutions. Borobotics from Technopark Winterthur has developed an earthworm-like drilling robot. Breezelabs from Zurich opens up new possibilities for monitoring chronic lung diseases. The battery from BTRY in Dübendorf ZH combines high energy density with fast charging and discharging rates.
Ex Nunc Intelligence from Lausanne simplifies access to legal knowledge. IMAI MedTech from Schlieren ZH improves cancer diagnosis. Irmos Technologies from Technopark Zurich specializes in sensors for infrastructure maintenance planning. K2 Photonics from Zurich aims to set new standards in precision and speed with single-cavity double-comb lasers. LatticeFlow AI from Zurich has artificial intelligence (AI) models checked for compatibility with regulations.
Nanoflex Robotics from Opfikon ZH uses magnetism to precisely bend endovascular instruments. Optiml from Zurich enables AI-supported analyses of insulation and heating systems in buildings. Yuon Control from Oberburg BE reduces emissions and energy consumption in district heating networks. ce/hs
Thirteen start-ups have been shortlisted for the ZKB Pionierpreis Technopark 2025. Image: zVg/Stiftung TECHNOPARK Zürich
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Lucerne/Zug – Investments in knowledge-based start-ups fell by 8.5 percent in 2024 compared to the previous year. The number of financing rounds decreased for the first time. Start-ups in the canton of Zurich received the most investment. This is the result of the 13th Swiss Venture Capital Report.
(CONNECT) Total investment in Swiss start-ups fell by 8.5% to CHF 2.4 billion last year compared to 2023. The number of financing rounds fell from just under 400 to 357 in the same period. Very large investments in the three-digit million range were missing.
On the other hand, the proportion of financing rounds in which founders were able to raise more than CHF 3 million rose by 40.7 percent. This is shown in the 13th Swiss Venture Capital Report. It is compiled annually by the news portal startupticker.ch and the Swiss Private Equity & Corporate Finance Association (SECA) in collaboration with startup.ch.
According to the report, investments in ICT and fintech companies have once again fallen sharply compared to the record year of 2022. At CHF 739.2 million, the biotech sector attracted 50 percent more than in the previous year. The IT sector in the healthcare sector was also able to more than compensate for the previous year's decline and recorded strong growth. The micro and nanotech sector held its own.
The number of exits remained stable in 2024: around 30 start-ups were sold abroad, while eleven of them found domestic buyers. The acquisition of the Swiss-Greek company BETA CAE Systems International, based in Lucerne, which was completed in June 2024, was worth more than 1.2 billion dollars to the Californian software group Cadence.
Despite considerable losses, Zurich is at the top of the cantonal rankings, followed by Vaud, Geneva and Basel-Landschaft. The Canton of Bern had a record year with 24 financing rounds totaling CHF 117.85 million. ce/mm
Most investments in 2024 were made in start-ups in the canton of Zurich. Symbol image: Mohamed_hassan/Pixabay
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Zurich – The private bank Maerki Baumann is expanding its offering to include Entrepreneur Banking. In the new business area, companies are advised on the optimal structuring of their assets.
(CONNECT) Maerki Baumann & Co. AG established a new business segment at the beginning of 2025. Entrepreneur Banking is aimed at entrepreneurs who want to structure their assets in the best possible way, explains the Zurich private bank in a press release. The advisory services include the reconciliation of company assets, pension assets and private assets, taking into account the relevant tax aspects.
The private bank has entrusted Sascha Näf with the management of the new business area. He most recently held various management positions at UBS in Zurich and has "many years of experience in wealth planning, retirement planning and financial planning", according to the press release. "In Sascha Näf, we have gained a committed personality and a proven expert who will manage the Entrepreneur Banking department in the interests of our clients," Stephan A. Zwahlen, CEO of Maerki Baumann & Co. AG, is quoted as saying.
Part of the Entrepreneur Banking offering is a 1e pension solution. Companies can thus enable their managers to manage their professional retirement capital in a self-determined manner, writes the private bank. Among the investment strategies available, two are based on crypto. Maerki Baumann & Co. AG sees itself as a pioneer in this field and has established its own brand for crypto services, ARCHIP. ce/hs
Maerki Baumann has been offering services in the new Entrepreneur Banking business area since the beginning of 2025. Image: Piqsels
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Zurich – Of the 37 companies spun off from the Swiss Federal Institute of Technology in Zurich (ETH) last year, most are focused on artificial intelligence and biotechnology. Investment in them rose by 25 percent, while the number of start-up teams with women increased to 35 percent.
(CONNECT) The number of spin-offs from ETH in 2024 has only been exceeded one year previously: 43 in 2023 and 37 last year. Start-ups specializing in artificial intelligence remained in the lead with ten start-ups, followed by biotechnology and pharmaceuticals with eight start-ups. The number of start-up teams with women rose to 35 percent.
According to an ETH press release, the attractiveness of ETH spin-offs is also reflected in the rising level of investment. Accordingly, the amount invested has increased tenfold over the past ten years. In 2024, CHF 425 million was invested in ETH spin-offs in 42 published financing rounds. This corresponds to an increase of 25 percent compared to the previous year.
Neustark proved to be particularly successful. The Bern-based company uses its proprietary process to bind CO2 from the atmosphere in concrete. It was able to raise capital of 69 million dollars in 2024. Bright Peak Therapeutics from the Switzerland Innovation Park Basel Area in Allschwil BL even raised 90 million dollars for its immunotherapies.
The founders of the ETH spin-offs established between 2017 and 2024 come from 46 different countries: 45 percent come from Switzerland, 18 percent from Germany and 6 percent from Italy. Of the 530 ETH spin-offs still active since 1973, 519 are still active in Switzerland. According to the ETH, the survival rate of the spin-offs is also remarkable: 93 percent are still active five years after their foundation.
"These figures clearly show that it pays off for Switzerland when ETH Zurich attracts the brightest minds from all over the world to the country," says Vanessa Wood, Vice President for Knowledge Transfer and Corporate Relations. "They develop new products, found companies and thus create added value for Swiss society and the economy." ce/mm
Estelle Clerk and her team at CellX have developed special bacterial strains designed to eliminate pollutants in the sea. Image: ETH Zurich/ Nicole Davidson
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Schlieren ZH – Oxyle has raised 16 million dollars in fresh capital. The aim is to make Oxyle’s technology for destroying the toxic PFAS perpetuating chemicals in water available to industry and municipalities. So far, filtration has merely shifted the problem to another level.
(CONNECT) Investors have committed 16 million dollars to the Schlieren-based start-up Oxyle in a seed financing round. It was led by Paris-based 360 Capital, with the participation of Axeleo Capital from Lyon, Founderful 's existing Zurich backers and New York-based SOSV.
The spin-off of the Swiss Federal Institute of Technology in Zurich, which was founded in 2020, will use the additional funds to scale up its technology for the destruction of per- and polyfluoroalkyl substances (PFAS), according to a press release. These molecules, known as perpetual chemicals, do not break down and accumulate in water, soil and ultimately in the human body.
In contrast to conventional filter or concentration methods, Oxyle destroys PFAS molecules instead of merely shifting the problem to another level through filtration, for example, according to the company. In addition, his technology consumes at least 15 times less energy than other destruction methods.
"Five years ago, Oxyle consisted of two founders and one big idea: to ban chemicals from our water forever," co-founder and CEO Dr. Fajer Mushtaq is quoted as saying. "Today, this idea has been proven, implemented and is ready for scaling." This funding "gives us what we need to bring our technology to the industries and communities that need it most". Mushtaq and CTO Silvan Staufert and their now 26-strong team put the first fully-fledged commercial system into operation in Switzerland in November 2024.
Oxyle believes its solution comes at the right time: PFAS-related lawsuits and multi-billion dollar settlements are on the rise in the US, forcing companies to find preventative solutions. According to the Forever Lobbying Project, the cost of cleaning up soil and water in Europe could amount to 100 billion euros a year. ce/mm
The Oxyle team. Picture: Daniel Kunz, daniekunzphoto, Adliswil, Switzerland
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Schlieren ZH – Venture Kick will increase its financial support for early-stage start-ups by 30 percent in 2025. According to its annual report, the initiative invested CHF 6.7 million in 97 new projects last year. At the same time, their start-ups attracted investments of over CHF 1 billion.
(CONNECT) According to its annual report, Venture Kick supported a total of 97 new start-up projects with CHF 6.7 million in 2024. In the same period, the start-up promoter reviewed 880 applications. Their number has risen by 13 percent compared to the previous year. The applications came from the ICT, biotech, medtech, cleantech, electronics, materials and nanotechnology sectors.
According to a press release, a record number of 66 alumni made it into the TOP 100 Swiss start-ups last year. And "despite a difficult fundraising environment", Venture Kick start-ups have attracted over 1 billion in investment. All of this underlines "the continued success of the Kick Foundation initiative in strengthening Switzerland's position as a global innovation leader".
"We have become a trusted resource that connects entrepreneurs with the right investors and gives them the visibility they need to succeed," said Pascale Vonmont, Delegate of the Strategy Board. "Going forward, we want to amplify this impact and ensure that the next generation of Swiss innovators have the tools and support they need to secure the capital they need to succeed even faster."
To this end, Venture Kick 2025 aims to increase its support by 30 percent compared to the previous year and support a total of 3,000 science-based start-ups and create 100,000 jobs by 2033. In order to achieve these goals, the foundation is reportedly continuously expanding its partner consortium, while Venture Kick is actively looking for new donors. ce/mm
Pictured: Jan Lichtenberg (member of the Venture Kick Strategy Committee), Jordi Montserrat (co-founder of Venture Kick), Pascale Vonmont (chair of the Venture Kick Strategy Committee), Philip Hassler (co-managing director of Venture Kick), Philip Bodmer (member of the Venture Kick Strategy Committee), Suzanne Avedik (member of the Venture Kick Strategy Committee) and Beat Schillig (co-founder of Venture Kick). Image: Venture Kick
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Zurich/Winterthur – The Zurich University of Applied Sciences (HWZ) and Launch Control are joining forces to strengthen start-ups. HWZ students and employees will have access to professional start-up support programs from spring 2025. Company founders receive start-up support for their business idea.
(CONNECT) The Zurich University of Applied Sciences (HWZ) and the start-up support program Launch Control have agreed to collaborate, according to a press release. According to HWZ Rector Professor Dr. Brian Rüeger, the cooperation strengthens the "educational offer and our position as a promoter of entrepreneurial competence".
HWZ students and employees can take part in Launch Control's Bring Your Idea to Life program and take their business idea to the next level. Budding entrepreneurs receive support from the know-how and network of an experienced incubator when taking the leap into entrepreneurship - for example, when optimizing their business plan or preparing for a meeting with potential investors.
The common goal is to intensify the "bridge between theory and practice". With this step, the HWZ wants to become the "most entrepreneurial university" in Switzerland.
The HWZ's medium-term planning envisages admitting interested parties to the Launch Control program even without a business idea. Matchmaking should be possible for them. An expansion of the program to include a design thinking workshop to develop ideas is also being considered.
"Our programs offer optimal conditions for realizing creative ideas and entrepreneurial ambitions. Thanks to the support of the HWZ, this environment will become even more efficient and accessible for young talents," Raphael Tobler from Launch Control is quoted as saying. ce/heg
From left: Brian Rüeger, Principal of the HWZ, and Raphael Tobler of Launch Control. Pictures: HWZ and Launch Control
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Zurich/Ismaning – The German TV channel Sport1 is investing in Muuvr. The cooperation is intended to make the Muuvr fitness app even better known and optimize the combination of sport and modern technology. The aim is to motivate more people to exercise regularly and lead a healthy lifestyle.
(CONNECT) Sport1 and Muuvr Labs AG have agreed a strategic partnership, according to a press release. The German TV station Sport1 from Ismaning is buying shares in the Zurich start-up. The aim is to strengthen the company's market position in the sports and technology sector, and the cooperation could also lead to long-term customer loyalty, it is said.
For the app developed by Muuvr, the broad reach of the station brings advantages in terms of brand awareness. Sport1 has announced that it will advertise Muuvr's loyalty program "across TV, digital, audio and social media". The platforms would reach millions of people every day and motivate them to be more active and lead healthier lives, including through a reward system based on their training efforts. "Together, we want to inspire them with Muuvr and help make exercise fun and worthwhile," Matthias Reichert, CCO at Sport1, is quoted as saying.
For Muuvr founder and investor Michael Hartweg, the investment from Sport1 is "proof that we have really struck a chord with the idea of motivating and rewarding people for being more active".
Muuvr CEO Pascale Wahl speaks of a vote of confidence. "I am firmly convinced that we will achieve our vision of motivating people to do more sport with great rewards, suitable events and lots of fun more quickly with Sport1," he is quoted as saying. ce/heg
Muuvr wants to motivate people to be more active, reward them with rewards and at the same time help them to become healthier. Image: Muuvr
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Zurich – Properti has successfully completed a Series A financing. The real estate company intends to use the fresh capital of 1.85 million Swiss francs to further expand its digital platform and thus its market position.
(CONNECT) The Zurich-based real estate company Properti has secured Series A financing totaling 1.85 million Swiss francs, according to a press release. The company, which specializes in digital real estate transactions, plans to use the fresh capital to expand its market position. Properti wants to expand its digital platform Propchain. The instrument allows various functions to be integrated into one interface. This should offer both owners and users equal advantages.
"The market is certainly challenging for young companies like Properti. Nevertheless, Properti has achieved considerable success even in a volatile economic environment," Levent Künzi, CEO of Properti, is quoted as saying in the press release. "With an open growth strategy, we work closely with partners to further expand our end-to-end platform. Our team is characterized by a game changer mentality that enables us to consistently realize Properti's vision." ce/ww
The real estate company Properti has secured 1.85 million Swiss francs. Symbol image: Schluesseldienst/Pixabay
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Zurich – The newly founded company Terra Impact Ventures supports start-ups that are committed to sustainable change for the planet. It was launched by four partners who played a key role in building the Zurich-based consultancy South Pole into a climate unicorn.
(CONNECT) The venture capital firm Terra Impact Ventures, which was recently founded in Zurich, supports ambitious start-ups focused on sustainable change with management, raising growth capital and evaluating product markets, according to its press release. With ambitious start-ups, she wants to "redefine what it means to create value for the planet and for people".
Terra Impact Ventures was founded by four partners who were instrumental in building South Pole into a climate unicorn. The consultancy firm for the financing of climate protection projects has been operating in Zurich since 2006. It now has 42 branches on all continents. Accordingly, the four founders of Terra Impact Ventures emphasize their wealth of experience in growing and scaling companies focused on long-term impact.
Terra Impact Ventures' existing investments include methane monitoring company Airmo, natural asset data and reporting solution specialists Svarmi, climate risk analysis organization Climada, renewable energy and fintech start-up MPower, sustainability information and data platform illuminem, sustainable agriculture company eAgronom and the Carbon Paradox initiative.
Terra Impact Ventures presents its new project at the Davos Sustainable Investment Forum 2025: On January 21, 2025, from 8 a.m. to 12 p.m. at the Berghotel Schatzalp Private Chalet, there will be a discussion on sustainable investment opportunities, the changing investment landscape, the trillion-dollar investment gap to achieve net zero and the multitude of opportunities to achieve the UN Sustainable Development Goals. ce/mm
Terra Impact Ventures supports start-ups that are committed to sustainable change for the planet. Symbol image: anncapictures/Pixabay
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Zurich/Denver – The Zurich-based start-up TerraRad has a new strategic investor in Old Tom Capital. The Denver-based venture capital firm, which focuses on golf innovation, is promoting TerraRad’s water-saving space technology for soil moisture analysis.
(CONNECT) TerraRad has announced that Old Tom Capital from the American city of Denver in the state of Colorado has invested in the Zurich-based start-up. "Their recognition of our intention to change water management not only in golf is proof of the performance of our technology," says a TerraRad press release. "Through this partnership, we are able to offer golf course superintendents even greater added value, reduce water consumption and promote sustainability across a wide range of industries."
TerraRad is a Zurich-based spin-off of the Swiss Federal Institute for Forest, Snow and Landscape Research founded in 2020. As Old Tom Capital explains in a separate press release, the management team of "industry experts with a proven track record" contributed to this investment decision. Secondly, TerraRad's technology is convincing.
At its heart is the portable L-band radiometer called PoLRa. PoLRa is based on the same passive remote sensing techniques used by the European Space Agency's (ESA) Soil Moisture and Ocean Salinity (SMOS) satellite and NASA 's Soil Moisture Active Passive (SMAP) satellite. The products also include the turfRad sensor, which provides precise data on soil moisture in the area of the grass roots, as well as associated software packages.
According to Old Tom Capital, the fact that this technology had already enabled first-class playing surfaces during the 2024 season of the PGA Golf Tour also contributed to the investment decision. TerraRad's growth strategy in additional sectors such as agriculture was also convincing, as was the possibility of saving up to 30 percent water across all sectors. ce/mm
The venture capital firm Old Tom Capital, which focuses on golf innovations, invests in TerraRad. Symbolic image: HeungSoon/Pixabay
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Zurich/Stellenbosch – smove automotive AG is adding a new electric delivery vehicle to its range. The MellowVans from the manufacturer of the same name are designed for last-mile delivery. Interested companies can test the electric tricycle for a week.
(CONNECT) smove automotive AG is adding an electrically powered delivery vehicle to its range. The MellowVan was designed by the South African company MellowVans, based in Stellenbosch, specifically for urban use over the last mile, smove automotive explains in a press release. The Zurich-based importer specializes in battery electric vehicles.
The three-wheeled MellowVan has a range of 140 kilometers and can transport loads with a volume of up to 2.5 cubic meters. Helmets are not compulsory for the L5e class covered vehicle with glass windows and wiper blades. The MellowVan is also characterized by particularly low overall costs, writes smove automotive. The electric tricycle is characterized as an environmentally friendly transport solution with ecological advantages.
As part of its launch, the MellowVan can be tested for a week in February and March, according to smove automotive. "We want to give companies the opportunity to experience the benefits of the MellowVan in practice and see how it can optimize their delivery processes," Thomas Huser, Sales Manager Switzerland at smove automotive AG, is quoted as saying in the press release. ce/hs
Smove automotive now offers the electric MellowVan. The three-wheeler is designed for use on the last mile. Image: Mellow Van Ltd/zVg/smove automotive
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Zurich/Singapore – Sygnum has raised 58 million dollars in an oversubscribed strategic growth round. With a new enterprise value of over 1 billion dollars, the globally active digital banking group is becoming a new Swiss unicorn.
(CONNECT) Sygnum has crossed the unicorn threshold with a capital increase of 58 million dollars. This makes the internationally active digital banking group with headquarters in Zurich and Singapore one of currently five Swiss unicorns, according to a recent overview by CB Insights. There are currently 1257 worldwide.
The main investor in this oversubscribed strategic growth round was the venture capital company Fulgur Ventures from the US state of Delaware. According to a press release, new and existing investors as well as Sygnum employees also participated. Accordingly, the co-founders, board and team members continue to hold the majority of the shares.
The fresh capital is intended to drive forward the expanded market entry in the EU and the European Economic Area in 2025. Sygnum also wants to establish a regulated presence in Hong Kong. In addition, the Bank intends to expand its institutional infrastructure, extend its product portfolio and create opportunities for strategic acquisitions. In addition, the funds are intended to further strengthen organizational and operational resilience, the compliance teams and risk management.
Sygnum cites the multi-year growth of its core business as the basis for the success of this financing round. For example, the total number of annual trading transactions in 2024 increased by more than 1000 percent year-on-year. This growth was supported last year by the introduction of the two platforms Sygnum Protect and Sygnum Connect.
Co-founder and CEO Mathias Imbach sees the achievement of Unicorn status as a "strong endorsement of our business model, our strategy and our team by the market". According to Gerald Goh, Co-Founder and CEO APAC, offering a trusted institutional infrastructure "will continue to be the foundation of Sygnum's future growth strategy". ce/mm
The crypto bank Sygnum has achieved unicorn status. Symbol image: TamimTaban/Pixabay
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Au ZH/Tokyo – Araris Biotech will use its proprietary platform to generate novel antibody-drug conjugates against targets provided by the Tokyo-based pharmaceutical company for Roche’s Japanese subsidiary Chugai Pharmaceutical. Both companies have concluded a corresponding cooperation agreement.
(CONNECT) Araris Biotech has signed an agreement with the Japanese pharmaceutical company Chugai Pharmaceutical on a research collaboration with license options. Araris will utilize its proprietary linker conjugation platform AraLinQTM to generate novel antibody-drug conjugates (ADCs) using antibodies against undisclosed targets provided by Chugai. "We will use our ADC technology to develop next-generation ADCs with improved efficacy and tolerability," said Araris CEO and co-founder Dr. Dragan Gravulovski in a press release.
Dr. Philipp Spycher, Scientific Director of the spin-off from the Paul Scherrer Institute and the Swiss Federal Institute of Technology in Zurich, sees this second collaboration with a large pharmaceutical company as "proof of the attractiveness of our highly differentiated ADC platform and its potential to generate innovative ADCs with excellent pharmacokinetic properties and a broad therapeutic index". Araris' linker platform enables the attachment of payloads to standard antibodies in one step, without the need to redesign or reduce the antibodies. According to Araris, this leads to highly homogeneous, stable and effective ADC therapies.
Under the terms of the agreement, Chugai, a subsidiary of the pharmaceutical company Roche, will make an upfront payment, fund all research activities and assume sole responsibility for development, manufacturing and global commercialization activities upon exercise of the option. Upon achievement of certain development, regulatory and commercial milestones by Chugai following exercise of the option, Araris will be eligible to receive potential milestone payments of approximately $780 million plus royalties on net product sales. ce/mm
Araris will use its proprietary linker conjugation platform AraLinQTM to generate novel antibody-drug conjugates using antibodies against target molecules provided by Chugai. Symbol image: Pixabay/Ahmad Ardity
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Horgen ZH – Numab Therapeutics has increased the total proceeds from its Series C financing by CHF 50 million to CHF 180 million. The funds will be used to accelerate the development of clinical and preclinical multispecific antibodies against inflammation and cancer.
(CONNECT) Numab Therapeutics has raised CHF 50 million in an oversubscribed extension of its Series C financing round. This brings the total amount of this series to CHF 180 million. The round was led by Cormorant Asset Management (Boston, USA), Forbion via its Forbion Growth Opportunities Fund (NL, D, USA), HBM Healthcare Investments (Zug) and Novo Holdings (Hellerup, Denmark), according to a company statement. Other existing investors as well as funds and accounts managed by BlackRock also participated.
Numab intends to use the proceeds from the financing to accelerate and further develop its pipeline of clinical and preclinical best-in-class and first-in-class multispecific antibodies for the treatment of inflammation and cancer. Bihua Chen, founder and CEO of investor Cormorant Asset Management, believes that "multispecific antibodies have the advantage of making clinical trial design more efficient. We look forward to continuing to support the team in identifying and pursuing the best rational biologic combinations for their platform."
As Numab CEO and founder Dr. David Urech explains, his company has made "tremendous progress" in terms of developing its pipeline and the company, including the acquisition of Numab spin-off Yellow Jersey Therapeutics by pharmaceutical company Johnson & Johnson for 1.25 billion dollars. "We are delighted to start the year by strengthening our financial position with the support of this strong group of investors." This allows Numab to "minimize the risk in the development of our proprietary pipeline". ce/mm
Numa will die frischen Mittel zur beschleunigten Weiterentwicklung klinischer und präklinischer multispezifischer Antikörper gegen Entzündungen und Krebs eingesetzen. Symbolbild: Pixabay
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Schlieren ZH – HeiQ is presenting its Xpectra heat-repellent coating at the BAU 2025 trade fair in Munich. The coating for walls reflects heat and is therefore intended to increase energy efficiency in buildings.
HeiQ, a Schlieren-based company specializing in textile technologies and synbiotics, will be presenting its Xpectra heat-insulating coating at the BAU 2025 trade fair in Munich from 13 to 17 January. According to a press release, this transparent heat-reflecting coating for walls increases energy efficiency in buildings.
The coating, which is available as a spray solution, improves the heat transfer coefficient by up to 25 percent, the company adds. The U-value is the heat transfer coefficient and indicates the heat flow through a component depending on the temperature gradient between the warm and cold sides.
The Schlieren-based company says that HeiQ Xpectra offers the construction industry major advantages in thermal insulation technology. The aim was to achieve an excellent insulating effect with a cost-efficient, simple wall coating. This will enable homes to achieve reduced energy consumption that meets the strict requirements of the EU Energy Performance of Buildings Directive and contribute to making buildings in the EU climate-neutral by 2050.
In addition to wall coatings, HeiQ Xpectra can also be used for transparent heaters, signature management, printed electronics and more, according to the company. HeiQ Xpectra could therefore change numerous industries.
HeiQ is a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), is based in the IJZ Innovation and Young Entrepreneur Center and is a member of Start Smart Schlieren. ce/gba
HeiQ aims to increase thermal efficiency with its Xpectra coating solution. Symbol image: PxHere
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Schlieren ZH – The machine manufacturer Schlatter has received two official awards for quality work. The annual SQS audit was successfully passed. Certification by the international IQNET network has also been confirmed.
(CONNECT) According to a press release, Schlatter Industries AG has once again successfully passed the annual audit by the Swiss Association for Quality and Management Systems(SQS). SQS describes itself as the "leading Swiss organization for certification and assessment services" and offers audits for certification in accordance with various standards. "This positive result underlines our commitment to the highest quality and management standards," says the Schlieren-based company in its press release.
The success is due to the continuous work and commitment of the Schlatter team and will also guarantee first-class services and reliable processes for Schlatter customers in the future, according to the company press release.
Schlatter Industries has also successfully passed IQNet recertification, according to a further announcement. Founded in 1990, the international certification network is a non-governmental, non-profit association headquartered in Bern. The members of 37 conformity assessment bodies based in 35 countries and at more than 400 locations worldwide work together on the basis of IQNET's common integrity principles, according to a self-description on the network's LinkedIn page.
The IQNET collaboration helps companies to achieve global competitiveness and contributes to building an assessment community that responds to market needs and acts according to values such as ethics, integrity and independence. ce/gba
Schlatter has successfully passed the annual SQS audit and the certification by the international network IQNET has been confirmed. Image: Schlatter Industries AG
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Schlieren ZH – LimmaTech Biologics has received fast-track designation from the US Food and Drug Administration (FDA) for its vaccine candidate LBT-SA7. Among other things, it is used against bacterial infections with Staphylococcus aureus.
According to a press release, LimmaTech Biologics is able to work with an accelerated review process from the US Food and Drug Administration (FDA) for the further development of its vaccine candidate LBT-SA7. The Food and Drug Administration has granted fast-track status to the multivalent toxoid vaccine candidate LBT-SA7. It was developed by LimmaTech for the prevention of skin and soft tissue infections (SSTIs) caused by the bacterial pathogen Staphylococcus aureus (S. aureus).
According to the statement, it is estimated that more than 1 million deaths are attributable to S. aureus each year. 90 percent of all community-acquired S. aureus infections are skin and soft tissue infections that can be treated with LBT-SA7. The vaccine candidate contains attenuated forms of the pathogen's toxins to prevent infection by neutralizing the toxins.
"LBT-SA7 represents a fundamentally new approach to staphylococcal vaccine development that aims to neutralize toxins and prevent their harmful effects on affected humans," Michael Kowarik, Chief Scientific Officer of LimmaTech, is quoted as saying. "Our Phase 1 clinical trial aims to demonstrate the safety of our vaccine candidate in healthy volunteers and to confirm the toxin-neutralizing activity induced by the vaccine."
LBT-SA7 is being tested in a randomized, double-blind, controlled Phase 1 dose-escalation study at a clinical trial site in the US, involving 130 participants aged 18 to 50 years. Safety and immunogenicity are evaluated. The first results are expected in the second half of 2025.
LimmaTech is based in the Bio-Technopark Schlieren-Zurich. ce/gba
LimmaTech Biologics has received fast-track status in the USA for its vaccine candidate LBT-SA7. Symbol image: whitesession/Pixabay
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Schlieren ZH – Venture Kick has supported 97 new start-up projects from Swiss universities with seed capital this year. Since its launch in 2007, Venture Kick has supported 1121 Swiss start-up projects with 90 million Swiss francs.
According to a press release, the start-up promoter Venture Kick is accelerating its own growth as well as that of the financed start-ups. In 2024, 97 new start-up projects from Swiss universities received seed capital from Venture Kick. This number is set to increase to 200 new start-ups per year by 2027, the press release continues. By 2033, the aim is for investors to invest CHF 50 billion in a portfolio of 3,000 start-ups. The aim is to create around 100,000 jobs.
"The main reason for Venture Kick's growth is the increasing demand from highly qualified researchers who want to bring their innovations out of their labs and solve real problems of our generation," Beat Schillig and Jordi Montserrat, co-directors of Venture Kick based in the startup space in Schlieren, are quoted as saying.
According to this balance sheet, Venture Kick was able to finance one of three applicant projects in the first years from 2007 to 2012. 68 percent of the companies founded during this period still exist today, have received an average of 33 million Swiss francs from investors and employ an average of 44 people each, according to the press release. By the end of the year, the number of financed start-ups had increased to 1121. They were selected from 7800 applicant projects.
According to Venture Kick, the number of applications has grown by more than 10 percent per year. Today, 80 applicants a month apply for start-up capital. In addition to 150,000 Swiss francs in start-up capital from Venture Kick, the winners can also receive 850,000 Swiss francs from the Kickfund and 150,000 Swiss francs from Innobooster. ce/gba
Pictured: Jan Lichtenberg (member of the strategy committee of Venture Kick), Jordi Montserrat (co-founder of Venture Kick), Pascale Vonmont (president of the strategy committee of Venture Kick), Philip Hassler (co-managing director of Venture Kick), Philip Bodmer (member of the strategy committee of Venture Kick), Suzanne Avedik (member of the strategy committee of Venture Kick) and Beat Schillig (co-founder of Venture Kick). Image: Venture Kick
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Zurich – Cyberlink AG is buying 40 percent of the shares in cloudscale.ch AG. With this move, Cyberlink aims to strengthen its position in the Swiss cloud market and, together with cloudscale, expand its offering with innovative, locally anchored cloud solutions.
Cyberlink joins cloudscale and acquires 40 percent of the shares. As Cyberlink CEO Thomas Knüsel explains in an identical press release issued by both companies, this investment will enable us to "expand our cloud services in a targeted manner and provide even more comprehensive support to companies with the highest standards of data security and flexibility". By storing data in Swiss data centers and using customizable solutions, Cyberlink also meets the high compliance standards of the financial and healthcare sectors.
Cyberlink wants to benefit from cloudscale cloud infrastructures with virtual servers, load balancers and object storage for demanding projects. Customers also benefit from seamless integrations with DevOps tools such as Ansible and Terraform or the ability to manage cloud services directly via a user-friendly control panel or APIs. The jointly developed SCION Cloud combines cloudscale's top-certified cloud platform with Cyberlink's highly available SCION Internet "for the fastest and easiest access to every common isolation domain in Switzerland".
Cloudscale CEO Manuel Schweizer emphasizes the growth opportunities offered by the partnership. Cloudscale will be able to "further expand its market presence and accelerate the further development of our services. Together we will create solutions that are specifically tailored to the needs of the Swiss market." ce/mm
Thomas Knüsel (left), CEO of Cyberlink and Manuel Schweizer, CEO of cloudscale (right). Image: cloudscale
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The 24th Economic Forum of the FRZ Zurich Airport Region on Monday, November 25, 2024, was held under the theme “Humans, Robotics and AI – Synergies for the Future” and brought together over 700 guests from business, science and politics at the Circle Convention Center – Zurich Airport.
FRZ Managing Director Rahel Kindermann Leuthard and André Ingold, FRZ President and Mayor of the City of Dübendorf, were delighted with the great interest shown, especially by the numerous sponsors.
Defending Switzerland's leading position
Former ETH professor Lino Guzzella: emphasized how crucial education and research are for Switzerland's innovative strength and showed ways in which Switzerland can maintain its leading position in global competition. 54 percent of Swiss added value is earned from exports. For Guzzella, the prerequisites for success include an entrepreneur-friendly attitude, a robust and efficient infrastructure and creative and motivated people.
As a pioneer of mobile robotics, Hanspeter Fässler emphasized the role of autonomous systems in industry and outlined the developments that are expected in the coming years. Fässler sees the Zurich region as an international hotspot for AI and robotics. ANYbotics was founded in 2016 as a spin-off of ETH Zurich with the aim of commercializing the technology behind the four-legged robot ANYmal. ANYmal is designed to perform autonomous inspection tasks in industrial environments. Fässler emphasizes ANYmal's ability to operate in hazardous and hard-to-reach areas, which increases safety and efficiency in the industry.
Neuroscientist Henning Beck provided a remarkable comparison between human thinking and artificial intelligence and posed the question of the ethical dimensions of technological progress. It is important to recognize the limits: AI fails with unknown data and in an unquantifiable environment. AI does not understand cause and effect. AI also has no conceptual understanding. On the other hand, AI is advantageous when it comes to large amounts of data and measurable key figures.
FRZ Excellence Award to Hannes Schmid
Hannes Schmid, renowned Swiss photo artist and founder of the aid organization Smiling Gecko, was honored with the FRZ Excellence Award 2024 at the 24th Economic Forum. Smiling Gecko is an aid project in Cambodia that provides sustainable development aid and combats the causes of poverty. Through initiatives in the areas of agriculture, crafts, education and tourism, the project creates jobs and strengthens the local economy. Well-known personalities have thanked Hannes Schmid in video messages: Philipp Hildebrand, Vice Chairman of the world's largest asset manager Blackrock, Marc Walder, CEO of Ringier AG, and celebrity chef Andreas Caminada.
The presentation of Cradle also attracted attention: the biotech company is using AI to revolutionize the design of new proteins through efficiency and precision. "With Cradle, scientists can enter protein sequences and adapt the desired properties," as Luba Protopopova explained in an interview. Cradle is the winner of the Digital Economy Award 2024 in the category "Next Global Hot Thing - in AI".
Choreographer and dancer Jaira Peyer from Zurich combines classical show dance with modern technology to create unique, immersive performances. With her approach, she creates new perspectives in the field of dance and performance.
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Wädenswil ZH – Aeroskin Tech plans to start industrial production of its aerogel insulation materials. To this end, the spin-off of the Swiss Federal Institute of Technology in Zurich is looking for investors. A pilot plant is planned as a first step.
Aeroskin Tech is looking for investors. The spin-off from the Swiss Federal Institute of Technology in Zurich(ETH) has developed a technology for insulating buildings based on aerogels. So far, Aeroskin Tech has developed prototypes of spray insulation materials and insulation panels, the ETH reported in a press release. The technology is now to be introduced to industrial production in a pilot plant.
"We want to offer sustainable and high-performance insulation for buildings," Daniel Sanz Pont, founder of Aeroskin Tech and research associate of Robert Flatt, Professor of Building Materials in Civil Engineering at ETH, is quoted as saying in the press release. The insulation materials based on aerogels are two to two and a half times more effective than conventional insulation materials. This is due to the nanoporous structures of aerogels, explains Sanz Pont. In the tiny pores, the air molecules collide more frequently with the pore walls than with each other. "This effect makes aerogels the best thermal insulation materials of all," says Sanz Pont.
The young entrepreneur did not found the ETH spin-off with partners, but on his own. "Thanks to my diverse training, I combine many skills in one person," explains Sanz Pont. "I have also received coaching and expanded my education and experience in the field of business management, and I have been supported by outstanding experts from ETH throughout these years." For upcoming challenges and the next step, the young entrepreneur also has experienced mentors at his side, "from whom I can learn more quickly". ce/hs
Daniel Sanz Pont has developed spray insulation materials and various insulation products made from aerogels in the laboratory. Image: Michel Büchel/ETH Zurich
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Zurich – ph. Ltd has increased sales of its sports regeneration drink KA-EX fivefold during the six-month test phase in the USA and has exceeded its targets right from the start. Overall, the Zurich-based start-up increased its turnover by 22% in the 2024 financial year.
ph. Ltd draws a positive interim conclusion after the first six months of sales of its sports regeneration drink KA-EX in the USA. The Zurich-based start-up has been represented in 28 centers of the Californian luxury fitness chain Equinox since June 2024. "During this time, we have increased our sales figures around fivefold and have started well above our target figures right from the start," co-founder and CEO Pedro Schmidt is quoted as saying in a company press release published by startupticker.ch. Overall, the company's turnover increased by 22% compared to the previous year.
KA-EX consists of 25 biomolecules designed to optimize recovery after intensive sport. KA-EX is also said to promote muscle growth and endurance. According to the press release, KA-EX is already one of the best-selling products in some Equinox stores, even though the price per bottle is almost twice as high as that of other beverages.
Because dietary supplements are generally much more established in the USA and the unique selling point of scientifically proven cortisol reduction is easier to communicate, Schmidt anticipates great potential: "If we were to achieve the same market penetration in the USA as we currently have in Switzerland, we could generate over 1 billion dollars in annual sales with KA-EX."
KA-EX will expand to New York with Equinox in the first quarter of 2025. The premium grocery store Happier Grocery is also adding the product to its range. For further market development in the USA, ph. Ltd intends to generate fresh capital of CHF 3 million in a series A financing. The company will also be launching its third swarm investment campaign on CrowdCube. ce/mm
Equinox, operator of luxury fitness studios in the USA, also markets the Swiss regeneration product KA-EX. Image: ajay_suresh/ CC BY 2.0 via Flickr
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Zurich – ANYbotics is increasing its debt capital by 60 million to over 130 million dollars. The financing is intended to accelerate the global scaling of the Zurich-based manufacturer of autonomous inspection robots and its recent expansion in the USA.
According to its announcement, ANYbotics has received a new investment of 60 million dollars. This has increased the total funding of the spin-off of the Swiss Federal Institute of Technology Zurich, which was founded in 2016, to over 130 million dollars. The manufacturer of four-legged inspection robots controlled by artificial intelligence (AI) is now looking to add momentum to its global scaling and expansion in the USA as well as the growth of its global team.
This new financing is led by the venture capital companies Qualcomm Ventures, headquartered in San Diego, California, and Supernovainvest from Paris. Existing investors from Silicon Valley and Europe have also participated, including Walden Catalyst, NGP Capital, Bessemer Venture Partners, Swisscanto and Swisscom Ventures. "We are delighted to have the support of world-class investors to help us accelerate our mission to transform industrial inspections through autonomous robotics," ANYbotics co-founder and CEO Dr. Péter Fankhauser is quoted as saying.
Thanks to major orders and partners such as BP, Equinor, Petrobras, Novelis and Outokumpu, ANYbotics is already experiencing "unprecedented growth" and is expanding worldwide. The company describes the opening of an office in Silicon Valley as its latest milestone.
Its scaling efforts are also supported by cooperation with companies such as AWS, NVIDIA, SAP, SLB, Equans and Siemens Energy. "ANYbotics is changing industrial processes with innovative AI-supported robotics," says Michel Glezer, Director of investor Qualcomm Ventures Europe. This positions the company "as the market leader in the robotics market". ce/mm
Fredrik Isler (CFO) and Dr. Péter Fankhauser, (co-founder and CEO) with ANYmal at the headquarters of ANYbotics in Zurich. Image: ANYbotics
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Zurich – Relai has raised a total of 12 million dollars in a Series A financing round. The Zurich-based Bitcoin platform intends to use the funds for its expansion in Europe. Relai aims to become the market leader in this area by 2025.
Relai has secured fresh capital of 12 million dollars in a Series A financing round, the Bitcoin platform announced in a press release. At 4 million dollars, ego death capital invested the highest single amount. Relai will use the funds raised to strengthen its expansion in Europe. The company aims to reach the 1 million user mark for its app next year. This would make Relai the market leader in Europe, according to the press release.
"We are very pleased that we were able to close this financing round despite the difficult market conditions," said Julian Liniger, founder and CEO of Relai, in the press release. "Our aim is to educate as many Europeans as possible about Bitcoin and introduce them to the system." The company expects to receive a MiCA license in France at the beginning of next year. It will enable the app to be "aggressively marketed to over 500 million users in the most important European markets", writes Relai. Last year, the company, which was founded in summer 2020, reported year-on-year user growth of over 300%. ce/hs
Julian Liniger (left) and Adem Bilican founded Relai in the summer of 2020. Image: zVg/Relai
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Zurich – Embotech has received 23.5 million Swiss francs in a Series B financing round. This will enable the provider of autonomous driving solutions to further scale up its technologies for automated vehicle maneuvering in car factories and for autonomous tractor units in port terminals and logistics centers.
Embotech has raised fresh capital of 23.5 million Swiss francs in a Series B financing round. According to a press release, the investment round was led by Zurich-based Emerald Technology Ventures and Yttrium from Munich. BMW iVentures, Nabtesco Technology Ventures, RKK VC and the Sustainable Forward Capital Fund as well as existing investors have also participated.
"This investment brings an incredible group of new investors on board," says CEO Andreas Kyrtatos. "It will allow us to expand our global footprint and deliver cutting-edge technology that will enable industrial logistics to manage the transition to a safer, more efficient and sustainable future."
The funds received will be used to expand autonomous driving solutions for global logistics. Embotech has already concluded multi-year rollout contracts for its AVM (Automated Vehicle Marshalling) solution in finished vehicle logistics and its ATT (Autonomous Terminal Tractor) solution for port and shipyard logistics applications. Founded in 2013 as a spin-off of the Swiss Federal Institute of Technology in Zurich, the company claims to be the only provider with a certified AVM solution and experience in a production environment.
Following a successful test phase for its AVM business, Embotech recently signed a multi-year contract with car manufacturer BMW to install its AVM solution in six plants by the end of 2025. It is already in use in three of them.
For its ATT business, Embotech is preparing for a launch in the port of Rotterdam, the largest in Europe. Over the next two years, 30 autonomous tractor units are to be deployed there for the horizontal transportation of containers. ce/mm
BMW has also used Embotech's driving planning software in a pilot project for automated driving on the factory premises. Image: BMW
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Schlieren ZH – Oxyle has successfully commissioned its first complete system for the destruction of PFAS at a contaminated site in Switzerland. The installation treats groundwater that has been contaminated by firefighting foam.
The start-up Oxyle in Schlieren, which specializes in water purification, has commissioned its first installation for the destruction of PFAS (per- and polyfluoroalkyl substances) such as industrial chemicals in water in Switzerland, according to a press release. The installation addresses groundwater contamination caused by the use of PFAS-containing firefighting foam during fire drills. Oxyle has developed an advanced technology that eliminates PFAS from wastewater and breaks down these chemicals into harmless minerals without any harmful by-products, the report continues.
The system works in three stages. First, PFAS are separated and concentrated by foam fractionation. The concentrate is then processed in two reactors, where Oxyle's catalytic technology breaks down and mineralizes all short, medium and long-chain PFAS. The complete system is housed in a 24-foot container and offers a compact solution for on-site use.
The system treats up to 10 cubic meters of contaminated water per hour. Over the next six months, the system will provide important data on long-term performance and scalability for larger industrial applications.
"This installation in Switzerland marks our transformation from a promising start-up to a proven solution provider. For the first time, our complete PFAS treatment system is ready for use in practice," says Fajer Mushtaq, co-founder and CEO of Oxyle.
Oxyle was launched in 2020 as a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH). ce/gba
Oxyle has successfully commissioned its first complete system for the destruction of PFAS at a contaminated site in Switzerland. Image: Oxyle
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Zollikon ZH – Kyan Health has raised 16.7 million dollars from investors in two financing rounds. The start-up offers programs to improve well-being in the workplace with artificial intelligence-supported prevention.
The start-up Kyan Health, based in Zollikon, has received 16.7 million dollars from investors. The money from two rounds of financing will be used to expand the platform, which combines employee well-being with measurable business impact, according to a press release.
With predictive analytics, Kyan helps companies to monitor and reduce risks such as absenteeism, staff turnover and presenteeism - working despite illness - while empowering employees to give their best.
The financing includes a previously undisclosed $4 million seed round led by Amplo VC and a $12.7 million Series A round led by venture capital and private equity backer Swisscom Ventures in Zurich. According to the press release, GreyMatter Capital, naturalX Health Ventures, Founderful, Joyance Partners and several angel investors were involved, providing business support as well as money. This brings the total financing of the company, which was founded in March 2021, to 18.4 million dollars.
Kyan Health was co-founded by Vlad Gheorghiu, Konstantin Struck and Ignacio Leonhardt. Gheorghiu was head of the global mental health program at the management consultancy McKinsey. "Mental health is not a flash in the pan - it is the backbone of a thriving workforce," Gheorghiu is quoted as saying. It is about "making mental health measurable and giving organizations the opportunity to act before a crisis occurs."
According to the Kyan report, companies worldwide spend over 94 billion dollars a year on workplace wellbeing initiatives. ce/gba
Kyan Health offers programs designed to improve wellbeing in the workplace with prevention supported by artificial intelligence. Symbol image: Pixabay
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Schlieren ZH/Bern – Patrick Griss from Zühlke and Stämpfli-Verlag Bern have jointly published a book for DeepTech companies. The “DeepTech Playbook” is designed to help companies with the challenges of the transition from science to business.
Patrick Griss, CEO Ventures and Partner at the Schlieren-based innovation service provider Zühlke, has published a playbook for DeepTech companies together with the Bern-based publishing house Stämpfli. The "DeepTech Playbook" is aimed at companies, especially start-ups, that want to tackle the challenges of the transition from science to business, according to a press release. It provides a clear strategic roadmap for each phase of the translation of scientific findings into a marketable product. The focus is on hypothesis-based decision-making, timely risk identification and finding appropriate solutions.
The script is also provided with a terminology chapter for seamless communication between the parties involved. The aim is to improve cooperation between specialists from different disciplines and avoid costly misunderstandings.
Author Patrick Griss has many years of experience in the DeepTech sector. Zühlke's CEO Ventures & Partner has worked on projects from invention to industrialization in more than 40 DeepTech companies over a period of 25 years. Based on his experience, he has developed a catalog of tools for future companies in these areas and presented them in this script. ce/ww
Patrick Griss presents his new book "DeepTech Playbook". Image: zVg/Patrick Griss
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Gümligen BE/Mettmenstetten ZH – The jury of the Prix SVC Wirtschaftsraum Zürich 2024 has chosen Hawa Sliding Solutions AG. Four other companies from the region were selected for the final. The SME award is based on innovative strength and quality.
Hawa Sliding Solutions, based in Mettmenstetten, is the winner of the Prix SVC Wirtschaftsraum Zürich 2024 organized by the Swiss Venture Club(SVC) in Gümligen. According to a press release, an independent, regional jury of experts selected the global provider of sliding solutions from five finalists.
Second and third place went to Schneider Umweltservice from Meilen and RepRisk from Zurich. LUZI from Dietlikon (4th place) and Hauenstein AG from Rafz (5th place) also made it to the final.
Jury president Christopher Blaufelder, Partner at McKinsey & Company Switzerland, praised the quality and innovative strength of Hawa Sliding Solutions. "It shows that sliding doors are far more than just practical building elements. They make entire room sections invisible, transform them into design elements and combine functionality with aesthetics at the highest level," he is quoted as saying in the press release.
According to the family-run company, 240 employees at two locations create sliding solutions for furniture, doors, partition walls and façades. "Our solutions inspire architects, designers and fabricators to come up with ideas that they can successfully implement together with us."
The Swiss Venture Club has awarded the regional SME prize for the ninth time. According to the independent association for the promotion and support of Swiss SMEs, the award is based on various criteria such as innovative products, services, corporate culture, quality of employees and management as well as a sustainable track record. ce/heg
Der Gewinner des Prix SVC Wirtschaftsraum Zürich 2024, Ezequiel Di Claudio, CEO der Hawa Sliding Solutions AG, freut sich über den Preis. Blld: SVC/Keystone/Manuel Lopez
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Geneva/Winterthur – The LIAN Group has acquired the assets of Hair & Skin Medical AG. LIAN intends to use the acquisition to expand its healthcare platform.
The Geneva-based LIAN Group has fully acquired the assets of Hair & Skin Medical AG from Winterthur. According to a press release, LIAN intends to significantly expand its portfolio in the healthcare sector. The company has decided to continue the Hair & Skin brand and the branches in five cantons.
According to the press release, LIAN is working closely with the management of Hair & Skin to resume operations in the short term. The first two locations in Bern and Lausanne will open on November 18.
"We firmly believe in Hair & Skin's original vision of offering first-class hair and skin treatments in a medical retail model," said Julian Brosch, Managing Director at LIAN Group, in the press release. "Together with the new management, we have expressly decided to retain the Hair & Skin brand. In future, however, the focus will be on medical excellence and close, long-term support for patients."
The LIAN Group had already acquired the cosmeceutical company Scientis earlier in the year. ce/ww
Hair & Skin offers hair and skin treatments. Symbol image: Pixabay
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Schlieren ZH/Zurich – Start-up promoter Venture Kick is supporting the biotech start-up Nerai Bio with 150,000 Swiss francs. The money will be used to further develop genome editing with the artificial intelligence-based Morpheme platform for protein engineering.
The start-up Nerai Bio in Zurich has received an investment of 150,000 Swiss francs from Venture Kick, according to a press release. The start-up company is dedicated to the development of novel, highly specific genome editors. The funds from Venture Kick CHF will help to translate the results of its artificial intelligence (AI)-based protein discovery platform into safe and effective therapies, according to the press release.
One in ten people worldwide is affected by a genetic disease, and there are no approved therapies for over 90 percent of these diseases, according to the background. However, current genome editing technologies can only address certain areas of the genome, meaning that only around 20 percent of disease-causing mutations can be corrected. To fully exploit the potential of genome editing, Nerai Bio has developed Morpheme, an AI-based high-throughput platform for protein engineering.
This technology generates novel tools to precisely recognize, bind and process DNA at any point. According to the press release, Nerai will initially focus on severe monogenic liver diseases. A single treatment with Nerai's genome editors could provide a safe and permanent cure. These diseases affect between 40,000 and 100,000 patients in Europe and represent a market worth billions in Europe and the USA, the report continues.
Nerai Bio will use the Venture Kick funding to drive business development and pursue strategic partnerships beyond the core therapeutic area. The funds will also be used to advance the main candidates in preclinical validation studies, according to the press release. ce/gba
Nerai Bio receives CHF 150,000 from Venture Kick. Image: Venture Kick
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Schlieren ZH – Spectroplast AG, which specializes in 3D printing, has successfully completed its Series A financing round. The lead investor is the German HZG Group. Existing investor AM Ventures from Bavaria is also participating.
Spectroplast AG, which specializes in the development of material solutions for silicone 3D printing, has successfully completed its Series A financing round, according to an article by startupticker.ch. The lead investor is the German HZG Group based in Coburg. She calls herself one of the global market leaders in the field of additive manufacturing (3D printing). Existing investor AM Ventures, based in Starnberg near Munich, is also participating in the round. Both investors bring technological know-how and extensive expertise in the development of 3D printing start-ups, according to the article.
"In addition to fresh capital for further company growth, the HZG Group also provides us with important entrepreneurial impetus from industry pioneers who have established metal as a completely new material in industrial 3D printing. Similarly, we want to establish silicone and the world of elastomers in the industry," says Pablo Hafner, Managing Director of Spectroplast AG, a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH).
The HZG Group consists of the areas of venture capital investments, business angel investments and its own research, development and application center with a focus on metal 3D printing. Spectroplast is the leader in silicone solutions for 3D printing in terms of resolution and material performance. These solutions range from prototypes and simulation models in medical and industrial applications to end products in the fields of medtech, robotics and consumer electronics.
"With Spectroplast, customers can have their first component in their hands within a few days," says Pablo Hafner. "The fresh capital will help bring us closer to our goal of becoming a global leader in the 3D printable silicones industry." ce/gba
Spectroplast hat einen 3D-Drucker für Silikonprodukte entwickelt. Bild: Spectroplast
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Schlieren ZH/Zofingen AG – DINAMIQS has moved into its new research and development laboratory in the Bio-Technopark Schlieren-Zurich. It offers pilot plants for the development, analysis and production of viral vectors.
DINAMIQS, part of the Siegfried Group in Zofingen since 2023, has a new research and development laboratory in the Bio-Technopark Schlieren-Zurich. According to a Siegfried press release, the new and "state-of-the-art" laboratory facilities there offer "leading technologies" in the field of viral vector process development and production. The parent company describes this as "another milestone" on the way to further strengthening its biologics offering, "particularly in the fast-growing cell and gene therapy market".
According to the information provided, the new laboratory's pilot plants enable the development, analysis and production of viral vectors. It is an integral part of DINAMIQS' 2500 square meter cGMP production facility. It is currently under construction and will go into operation at the end of 2025. This facility will reportedly provide a production capacity of up to 1000 liters for the production of viral vectors for research, development, clinical trials and commercial purposes.
According to Siegfried CEO Marcel Imwinkelried, the new laboratory marks "an important step on the way to developing DINAMIQS into the leading CDMO (Contract Development and Manufacturing Organization) in the field of cell and gene therapies". DINAMIQS CEO Martin Kessler emphasizes "how important leading process development and analysis is for the success of viral vector projects. That is why we have significantly expanded our laboratories in Switzerland. Our customers now receive everything from a single source, from gene optimization to GMP scale-up." ce/mm
The new DINAMCS development laboratory is located in the Bio-Technopark Schlieren-Zurich. Image: Limmatstadt AG
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Schlieren ZH – GIANTS Software is launching the latest edition of its farming simulator on November 12. Farming Simulator 25 offers more crops, more landscapes and more machines than previous versions.
On November 12, GIANTS Software will launch version 25 of the Farming Simulator, which was presented at the Tokyo Game Show in September. Compared to the previous versions, the new edition of Farming Simulator is characterized by more crops, more landscapes and a larger selection of machines.
"Packed with horsepower and authenticity, Farming Simulator 25 offers more than 400 machines from over 150 top international brands," said GIANTS Software in a press release shortly before the launch of the new version. Players can also choose from a selection of hand tools from various manufacturers. The tools are now also independent objects (items) that can be stored and used cooperatively with other players in multiplayer mode, writes the Schlieren-based game developer.
GIANTS Software had already announced in mid-September that rice, spinach, peas and green beans can now also be grown in Farming Simulator 25. This means there are a total of 25 crops to choose from in Farming Simulator 25. The first game environment in Asia was presented a few days later at the Tokyo Game Show. It is located in Hutan Pantai. The previous version 22 was limited to three European and American environments. ce/hs
Im am 12. November lancierten Farming Simulator 25 ist erstmals auch eine Spielumgebung in Asien enthalten. Bild: zVg/GIANTS Software GmbH
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Brüttisellen ZH – KONE is the winner of the German Sustainability Award 2024. The globally active manufacturer of elevator and escalator systems with its Swiss headquarters in Brüttisellen was named the most sustainable company in the lifting and conveying technology category.
The 224 jurors of this year's German Sustainability Award for Companies voted elevator and escalator manufacturer KONE to the top of the list of sustainable pioneers in this industry. The industrial company was already among the three finalists in the lifting and conveyor technology category last year. The company has its Swiss headquarters in Brüttisellen.
According to the jury's statement, KONE "came out on top in the final because the company has made particularly effective, exemplary contributions to transformation, thus setting an example and sending the right signals to its industry and beyond". The three finalists included Georg Fischer AG, another company based in Switzerland, together with SEW Eurodrive from the German state of Baden-Württemberg. The prizes will be awarded on 28. and November 29 in front of 1000 guests in Düsseldorf.
Winning the German Sustainability Award "is an impressive confirmation of our sustainability leadership in the elevator and escalator industry," said the Managing Director of KONE DACH, Alexander Vitt, in a statement from his company. "Consistently reducing carbon dioxide emissions in all areas will continue to be of the utmost importance for us and our planet in the coming years." KONE aims to become climate-neutral by 2030.
Founded in Helsinki in 1910, KONE generated annual sales of EUR 11.0 billion in 2023 with more than 60,000 employees worldwide. With more than 1000 branches and 1.5 million systems from all manufacturers under maintenance, KONE is spread over 60 countries and is one of the four largest companies in this sector. ce/mm
Alexander Vitt is Managing Director of KONE DACH. Photo: Henning Stauch
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Zurich – Zurich Insurance has drawn on the talent pool of the Zurich University of the Arts (ZHdK) to design the trophies for the Zurich Innovation Championship. Student Michael Tulio convinced Zurich with the idea of a ceramic ice cream.
Zurich designed and developed the trophies for the Zurich Innovation Championship 2024 together with the Zurich University of the Arts(ZHdK). According to a press release from the ZHdK, the insurance company has launched a competition among Fine Arts students.
Bachelor student Michael Tulio won the competition with his idea for a ceramic ice cream. According to the press release, his sculpture series called Glacé is an "award for innovative thinking and work, an invitation to keep trying out new things, to connect different worlds and to enjoy discovery". The sculptures were created by ceramicist Micol Zardi in her studio in Zurich.
In addition to Tulio, Fine Arts students Zoé Kandell and Andrei Stanescu were also nominated for the Zurich competition with their ideas.
The Zurich Innovation Championship was held for the fifth time this year. As part of the innovation competition, the insurance company honors start-ups in the financial services sector and also agrees cooperation agreements with selected young companies. ce/ssp
The trophies for the Zurich Innovation Championship 2024 were designed by ZHdK student Michael Tulio. Image: ZHdK
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Kilchberg ZH – 2nd Peak has given itself a new brand image. The new design is intended to symbolize the reseller of used outdoor textiles’ commitment to sustainability. At the same time, 2nd Peak is opening a new online store.
2nd Peak presents itself with a new brand design. According to a press release from the reseller of used outdoor and sporting goods, the new logo is intended to symbolize the company's commitment to sustainability. In addition to the two mountain peaks already used, a color palette of "independent violet and vivid green" has now been chosen. "We not only want to offer our customers high-quality second-hand clothing, but also emphasize the value and uniqueness of second-hand clothing with the logo and the presentation in the stores," company founder Isa Schindler is quoted as saying in the press release.
At the same time, outdoor sports enthusiasts can purchase high-quality used items not only in the 2nd Peak stores, but also in the new online store. Thanks to increased user-friendliness, the products are now even easier to find, according to the press release. "Our aim is to make it easier to access sustainable outdoor clothing and equipment while creating a shopping experience that is a pleasure," says Isa Schindler. "After four years of 2nd Peak, we have seen that contributing to the reduction of textile waste is not only important and meaningful, but also inspiring and enjoyable." ce/ww
Isa Schindler is the founder of 2nd Peak. Bid: zVg/2nd Peak
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Schlieren ZH/Zurich – Start-up promoter Venture Kick is supporting the software developer Optiverse with 150,000 Swiss francs. The money will be used to further develop session support made possible by artificial intelligence.
According to a press release, the start-up Optiverse has received funding of 150,000 Swiss francs from Venture Kick to further expand its solutions for supporting and preparing meetings with the help of artificial intelligence (AI) and to accelerate its market entry. The Zurich-based ICT start-up will use the money to expand its infrastructure and accelerate the introduction of its technology in other companies.
Optiverse's AI technology automates labor-intensive meeting tasks, including taking minutes, automating follow-up actions and delivering knowledge in an easily accessible format. The video summary technology extracts the most important highlights and provides users with an intelligent meeting platform. According to the press release, this will allow employees to concentrate fully on the meeting, as the administrative work will be done in the background. The software supports several languages.
Optiverse's solution is aimed at team management, executives and sales and marketing specialists from various industries and company sizes, among others. The service is already used by 15 Swiss companies every day. Users report an average saving of 6.8 hours per week thanks to the platform.
The founding team consists of CEO Elio Assaf, CTO Raphael Ausilio and COO Mario Assaf. Optiverse works together with researchers from the Swiss Federal Institutes of Technology in Zurich(ETH) and Lausanne(EPFL), the University of St.Gallen(HSG) and HEC Lausanne. ce/gba
Optiverse CTO Raphael Ausilio, Optiverse CEO Elio Assaf and Optiverse COO Mario Assaf. Image: Venture Kick
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Munich – In terms of population size, Switzerland has the second highest number of patent applications in Europe. It is also among the top 3 in terms of academic patents per full-time equivalent, according to an analysis by the European Patent Office (EPO).
With 772 academic patents per 1 million inhabitants, Switzerland has the second highest number of academic inventions. Denmark is ahead with 800 patents. Together with Sweden and Denmark, Switzerland is also among the top 3 in terms of the highest number of academic patents per full-time equivalent.
In absolute terms, Germany, France, the UK and Italy registered the most academic inventions between 2015 and 2019. However, smaller countries such as Sweden, Switzerland and others have the highest average number of patents per university. Switzerland ranks 6th in Europe, accounting for 5.7 percent of all academic patents in Europe.
These are data from a study by the European Patent Office. The results "clearly show that university research benefits local ecosystems in all European regions, small and large companies alike". This is how António Campinos, President of the European Patent Office, summarizes in his foreword this first comprehensive analysis that his office has now published with regard to academic patent applications.
According to the report, the Swiss Federal Institute of Technology in Zurich(ETH) is the leader in terms of the number of start-ups, namely 101, which registered patents from research in the period between 2000 and 2020. The top 25 universities on the continent also include the Swiss Federal Institute of Technology Lausanne(EPFL) in fifth place with a total of 83 start-ups. The University of Zurich(UZH) is in 12th place with 60 start-ups. 2219 patents were registered by ETH in this period, 1697 by EPFL and 930 by UZH. The University of Basel accounted for 470 patents and the University of Lausannefor 363.
Start-ups were responsible for 12 percent of all academic patents. Overall, companies filed 80 percent of all indirect academic patent applications, with SMEs accounting for a third of these. In terms of the number of applications filed per start-up, France is slightly ahead of Germany (2.8) with an average of 3.1 European patent applications. This is comparable with the United Kingdom (3.0), Sweden (2.83) and Switzerland (2.39), but is well ahead of Italy (1.7). ce/mm
Switzerland has the second highest number of patent applications for inventions per capita in Europe. Image: ETH Zurich / Gian Marco Castelberg
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Where the sustainable gastronomy of tomorrow is being created
The ZFV Companies Cooperative (ZFV) is launching the ZFV Living Lab (ZLL). Their goal: to shape the future of sustainable gastronomy together with start-ups, companies and educational institutions. How they go about it and the three success stories that have already emerged.
With the ZFV Living Lab (ZLL), ZFV combines its own expertise and experience with the ideas and commitment of interested start-ups, companies and educational institutions. We test, develop and implement together. The ZLL is strengthened by the broad network of the ZFV ecosystem and the opportunity to test solutions directly on the market in over 160 ZFV meeting locations.
You can find out exactly how the implementation works and which three success stories have already resulted from it at zfv.ch/zfv-living-lab. Do you have an idea yourself that has the potential to become part of the change? Download the ZLL playbook and discover the benefits of co-creation.
The commitment behind the ZFV Living Lab
"Hospitality for a society in which we all want to live" - with this vision in mind, ZFV is committed to acting sustainably. With a focus on healthy and sustainable food, lifestyles and working methods, they are taking an active approach to change. ZFV is always looking for new, innovative ways to achieve this. ways, such as the ZFV Living Lab (ZLL), with which they are further opening up the existing ZFV ecosystem with a platform for sustainability and innovation. Because ZFV is aware that we can only achieve change together.
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Zurich – Somagenetix AG has secured CHF 10 million in a Series A financing. The biotech company intends to use the fresh capital to take a gene therapy for chronic granulomatosis into the clinical phase.
The Zurich-based biotech company Somagenetix was able to secure a sum of 10 million Swiss francs in a Series A financing. Investors such as Schroders Capital, Zürcher Kantonalbank and Verve Ventures are participating in the round led by Vi Partners, according to a press release.
Somagenetix intends to use the fresh capital to take the gene therapy SGX-001 developed by the company as a treatment for chronic granulomatous disease (CGD) into a clinical phase. The disease is a group of inherited genetic defects that impair the function of phagocytes (a type of white blood cell). The current treatment method is stem cell transplantation, but this is very limited due to the limited availability of suitable donors. The gene therapy developed by Somagenetix could offer an alternative here. The project is supported by the Wyss Zurich Translational Center.
"My team at the University of Zurich has developed a best-in-class lentiviral gene therapy platform for phagocytic diseases and also achieved successful preclinical validation of our approach to cure CGD. We look forward to initiating clinical use of SGX-001 during 2026," Janine Reichenbach, co-founder of Somagenetix, is quoted in the press release.
Parallel to the financing, Andrin Oswald is appointed CEO of Somagenetix. He is convinced that "the validation of our technology for the treatment of CGD will open up the potential of the approach for the treatment of patients with various severe diseases that are caused by phagocyte defects". Diego Braguglia, Managing Partner at Vi Partners, sees Vi Partners' investment in Somagenetix as an investment in the future of personalized medicine. "By applying cutting-edge lentiviral gene therapy technologies, Somagenetix is positioning itself at the forefront of an innovation that has the potential to improve the lives of patients worldwide." ce/ww
Somagenetix AG has raised 10 million Swiss francs in a Series A financing round. Symbol image: mwooten/Pixabay
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Zurich – Voliro, a company specializing in the construction of flying robots, has secured 12 million dollars in a Series A financing round. The company intends to use the fresh capital to expand its portfolio in the monitoring and maintenance of industrial plants.
The Zurich-based company Voliro AG has secured fresh capital of 12 million dollars in a Series A financing round. According to a press release, this brings the company's total capital to 22 million dollars. The financing round was led by Cherry Ventures from Berlin and supported by other private investors and traditional credit lines.
Voliro, a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH) founded in 2019, specializes in the design and construction of flying robots that can approach objects precisely from any angle. They can carry out tests and repairs on objects such as electricity pylons, energy or industrial plants remotely without exposing people to dangerous conditions. At the same time, the use of drones can save costs and time. Voliro offers its services as B2B services.
"Our aim is not to expose people to any risk when working at height," Timo Müller, COO and co-founder of Voliro, is quoted as saying in the press release. "This new funding will allow us to expand our product offering and introduce our technology to more industries around the world." According to Christian Meermann, Partner at Cherry Ventures, Voliro "is setting a new standard in industrial inspection with its innovative flying robot technology. We are excited to support Voliro in expanding its global footprint and developing a safer and more efficient approach to working at height."
Voliro will also be represented at the tech and start-up trade fair GITEX, which takes place in Dubai from October 14 to 18. ce/ww
Voliro has secured $12 million in a Series A financing round. Image: Voliro
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Schlieren ZH – Mabylon AG can supplement its planned Series B financing with funds amounting to CHF 1.3 million. The biotech company has received research funding in this amount for its antibody programs for the treatment of amyotrophic lateral sclerosis (ALS) and inflammatory bowel disease.
Mabylon can add funds from three funding pots totaling a good CHF 1.3 million to its two antibody programs. The Schlieren-based company has announced that the research funds awarded by Target ALS, the global foundation for ALS research, and the North American ALS Association are earmarked for the further development of TDP-43 intrabodies derived from human cells. They are intended to restore normal TDP-43 function in ALS patients by reducing pathological TDP-43 aggregates in diseased neurons.
"TDP-43 aggregates are a hallmark of ALS and have emerged as a major target for the treatment of both inherited and sporadic forms of the disease," explains Kuldip Dave, senior vice president for research at the ALS Association. "Getting promising treatments out of the lab and into clinical trials as quickly as possible is key to making ALS a disease that can be endured until we can cure it."
The Swiss Innovation Agency Innosuisse is granting Mabylon 800,000 Swiss francs for the further development of its MY012 program. It targets the inflammosome of chronic inflammatory bowel diseases, i.e. the multiprotein complex of the innate immune system that is responsible for activating inflammatory reactions.
"These grants clearly confirm the quality of our research and the enormous therapeutic potential of our approach," Mabylon CEO Alcide Barberis is quoted as saying. "The grants will allow us to accelerate these programs and supplement our planned Series B fundraising."
Mabylon is a spin-off from the University of Zurich and the University Hospital Zurich, based in the Bio-Technopark Schlieren-Zurich. ce/mm
Mabylon AG has received research funding for its antibody programs for the treatment of amyotrophic lateral sclerosis (ALS) and inflammatory bowel disease. Symbol image: Herney/Pixabay
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Schlieren ZH – Lightium has secured 7 million dollars in a financing round. The photonics start-up wants to accelerate the commercialization of the production of its chips made from thin-film lithium niobate. They are expected to outperform semiconductor-based connections many times over.
Lightium has raised 7 million dollars in venture capital to advance the commercial production of photonic integrated circuits (PICs) made of thin-film lithium niobate (TFLN). According to its press release, Lightium is the first company to design and manufacture such TFLN-based photonic chips on an industrial scale. The Schlieren-based start-up was founded in 2023 by Amir Ghadimi, Frédéric Loizeau and serial entrepreneur Dirk Englund from the Massachusetts Institute of Technology(MIT).
With its new development, Lightium is addressing the problem that artificial intelligence is leading to an "explosive increase in data volume and unprecedented energy consumption" and that current semiconductor-based technologies are reaching their limits.
Lightium therefore offers foundry services for the more powerful TFLN chips on a commercial scale. The glass-like TFLN is said to be one of the most difficult materials to process. It promises customers data rates of 1.6 or 3.2 terabytes per second. But "what used to be restricted to academic and R&D cleanrooms is now accessible to and can be adopted by industry," says Lightium CEO Amir Ghadimi.
According to Steven Jacobs of Lakestar, one of the new investors alongside Vsquared, data centers could increase their speeds tenfold or more with the TFLN chips and at the same time reduce operating costs with lower energy consumption. This would "benefit the operators, their customers and the planet considerably". Further applications are possible in satellite communication, quantum computers, innovative optical computer architectures and LIDAR. ce/mm
Lightium has raised $7 million in a financing round. Image: Lightium
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Weiningen/Dielsdorf ZH – Nicole Kleger from Weiningen has received the Female Innovator of the Year award at the Female Innovation Forum. Kleger is a co-founder of Sallea, a spin-off of the Swiss Federal Institute of Technology in Zurich. The recognition prize went to Margaux Peltier from Enerdrape.
Nicole Kleger has been named Innovator of the Year. She was awarded the title Female Innovator of the Year at the Female Innovation Forum at the BMW Group Brand Experience Center in Dielsdorf. It is awarded by Swiss Ladies Drive GmbH to a female founder whose innovation has the potential to sustainably strengthen the Swiss economy by creating jobs and competition.
The Zurich start-up Sallea, co-founded by Kleger, develops edible scaffolding for cultivating whole pieces of fish or meat. They allow three-dimensional cell growth and at the same time improve the texture, taste and nutritional value of cultured meat. So far, only the production of thin layers of animal proteins is possible, which limits the supply to minced meat products or other processed foods.
At the end of 2023, the spin-off from the Swiss Federal Institute of Technology in Zurich won the third phase of the Venture Kick start-up funding program and received support of 150,000 Swiss francs. Sallea's first potential customers had received regulatory approval to sell their products in the USA just a few months earlier.
The recognition award went to Margaux Peltier, co-founder and CEO of Enerdrape. The jury thus recognized the founder's contribution to sustainability. The spin-off from the Swiss Federal Institute of Technology in Lausanne has developed the world's first geothermal panel technology. It makes it possible to transform underground infrastructure into renewable heating and cooling sources without drilling using ready-made modules.
Additional prizes were awarded in collaboration with other organizations to Olga Miler from Smartpurse and Ramona Schwarz from Rayne Care as well as to Sara Taubman-Hildebrand for her children's app Tara and Pips and to Lisa Stähli's Hello 50:50 World initiative. ce/mm
Nicole Kleger (links) hat die Auszeichnung Female Innovator of the Year erhalten. Rechst auf dem Bild ist Simona Fehlmann (CEO und Mitgründerin von Saella). Bild Venture Kick
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Schlieren ZH – Ruf Avatech AG is launching the VisiWeb Communicator on the market. The system is intended to close a gap in voice communication between the control center and passengers on public transport. This increases passenger safety.
Ruf is expanding its VisiWeb passenger information system with a new Communicator. "In certain situations, the control center must be able to actively contact the vehicle in order to communicate with passengers and provide them with important information," explains the Schlieren-based company in a press release. The new VisiWeb Communicator has the option of establishing a full-duplex voice connection. This means that the connection does not have to be initiated from the vehicle, as is the case with passenger intercoms, but can be initiated by the control center's operating personnel.
The new Communicator thus contributes to improving passenger safety, writes Ruf. Specifically, the Schlieren-based specialist for passenger information systems in public transport points to improved responsiveness in emergencies and advantages for customer service. Both passengers in the vehicle and people in the vicinity of the vehicle can be addressed from the control center. The people addressed can also respond via microphones fitted to the inside and outside of the vehicle. In exceptional situations, it is also possible for the control center to listen to the passenger compartment and the area around the vehicle via the microphones of the VisiWeb Communicator in order to "make a more precise assessment of the situation". ce/hs
The VisiWeb Communicator from RUF enables active communication between the control center and passengers inside and outside the vehicle. Image: zVg/Ruf Avatech AG
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Schlieren ZH – ImmunOs Therapeutics has closed a Series C financing round with 11 million dollars. This will enable the biotech company to complete the ongoing clinical trial for a multifunctional immunotherapeutic for the treatment of advanced solid tumors.
ImmunOs Therapeutics can finance its ongoing clinical trial up to the completion of Phase 1a with 11 million dollars in fresh capital. According to a press release, the Schlieren-based biotech company, which focuses on immuno-oncology, raised this sum in a series C financing round.
It was led by existing investors Gimv from Antwerp, Pfizer Ventures from New York, Mission BioCapital from San Francisco and BioMed Partners based in Basel. The new investor Double Point Ventures from Palm Beach in Florida and other existing venture capitalists participated. ImmunOs Therapeutics has "great potential as the first representative of a new generation of immunotherapies for the treatment of solid and liquid tumors," Campbell Murray, advisor at Double Point Ventures, is quoted as saying.
The proceeds will reportedly be used to continue financing the ongoing clinical trial of the drug IOS-1002 until the completion of clinical phase 1a. IOS-1002 is a novel, multifunctional immunotherapeutic for the treatment of advanced solid tumors that simultaneously targets multiple immune checkpoints and is based on a naturally occurring human leukocyte antigen (HLA).
"IOS-1002 is the world's most advanced HLA-based program addressing these relevant targets with such a novel multifunctional immunotherapy approach," said Reinhard Ambros, Executive Chairman of ImmunOs Therapeutics. As part of this round, Steve Tregay, the Managing General Partner of Mission BioCapital, has joined the Board of Directors.
ImmunOs Therapeutics AG is a spin-off of the University of Zurich and the University of Basel, based in the Bio-Technopark Schlieren-Zurich. ce/mm
ImmunOs Therapeutics is based in the Bio-Technopark Schlieren-Zurich. Image: Limmatstadt AG
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Zurich – One year after its launch, the marko.ch platform reaches over 250,000 visitors per month. Several hundred private individuals already deliver their clothing, electronics or household items to the next user every day. This is also made possible by a logistics partnership with Swiss Post.
Marko.ch sets new records just over a year after its launch. The platform of Marko Switzerland AG, founded in 2021 and based in Zurich, went online on September 7, 2023 and now has over 250,000 monthly visitors. New advertisements with a value of over 100,000 francs are uploaded every day. Almost 100,000 products are available at any one time. According to co-founder Alexander Sutter, the daily broadcast volume has tripled.
The platform combines the basic idea of social networks with a marketplace for used clothing, electronic products and furnishings: Users can follow each other and thus make their own style visible in the marketplace or follow the style of others. "Our aim is to offer the most personalized shopping experience," says Sutter.
Logistics is a challenge here. "The purchase must be as simple and smooth as possible." A partnership with Swiss Post provides the solution: anyone selling on marko.ch receives a letter with a pre-printed shipping label showing the buyer's address. The label is affixed to the parcel and placed in the milk crate, where the letter carriers accept the consignment.
"We entered into the partnership from the outset in such a way that it can always be developed further," says Sutter. The solution is complex in detail, "but very efficient". A great deal of information is processed in the background, and artificial intelligence is also used in some cases, adds Christoph Gfeller, Business Developer Circular Economy at Swiss Post. ce/stk
The sellers use a tab on the mailbox to indicate that the post office can take the package. Image: zVg/Marko Switzerland AG
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Schlieren/Dietikon ZH – Fabas Food AG has secured 1.3 million Swiss francs in a further financing round. This will enable the company, which specializes in processing and marketing pulses, to drive forward the marketing of its products.
Fabas Food AG, based in Schlieren and Dietikon, was able to secure funds amounting to CHF 1.3 million in a further financing round. As stated in a message by company founder Anik Thaler on LinkedIn, this increased the company's funding to a total of 3.2 million Swiss francs. The total also includes subsidies that Fabas received from the City of Zurich in connection with the KlimUp funding program. Founder and CEO Thaler manages Fabas together with Lena Rutishauser, CMO and Legal Officer, and CTO Katharina Pälchen.
As Thaler explains on Linkedin, will use the newly acquired funds to drive forward the marketing of Fabas products. Fabas produces food based on pulses grown in Switzerland, such as beans, peas and chickpeas. The range of foods is being extended beyond fruit to include products based on crop proteins. The first products in the alternative dairy market are to be offered at the end of the year. ce/ww
Fabas produces foods based on legumes grown in Switzerland such as beans, peas and chickpeas. Symbol image: virtualrob/Pixabay
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Zurich – The bicycle service provider Batticuore now offers gravel bikes for rent with and without luggage. The founders are thus pursuing the idea of the sharing economy. In the future, these services will be expanded to include tour tips in and outside Switzerland, packing suggestions and accessories.
The online bike store and service provider Batticuore, based in Zurich, has set up a new rental service. According to a press release, Stavanger gravel bikes from the Finnish brand Pelago and panniers from the British company Restrap can now be rented. They are available in three versions: in the basic version, the bike is rented with a lock, light and repair kit. Other versions include a light or fully packed version. In addition, the operators of Batticuore, Caspar Eberhard and David Pinzon, are on hand to provide interested parties with valuable tips. According to David Pinzon, Batticuore was looking for "a robust, high-quality steel gravel bike that is comfortable to ride even when fully loaded". To this end, Restrap manufactures all its products as locally and sustainably as possible.
As an advocate of more bicycle traffic and deceleration vacations, Eberhard is also the first tester of all products in the store: "I find the sharing economy approach exciting," he is quoted as saying. "You no longer have to own everything. So many things are bought and only used once. We want to offer an alternative."
In the future, the range of services will be expanded to include tour planning in and outside Switzerland as well as numerous accessories. In addition to the rental service, Batticuore also wants to continue to operate as a bike boutique. ce/ww
Batticuore now offers so-called gravel bikes with and without packaging for rent. Image: zVg/Batticuore
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Winterthur/Schaan – The company Geheimgang 188 has installed a new escape room in Liechtenstein for the Hilti Family Foundation. From September 9, visitors will be able to visit the biodiversity-themed adventure game in Schaan.
Winterthur-based game developers Geheimgang 188 have installed an educational escape room in Schaan. It will open on September 9, 2024 and is the first to focus on biodiversity. In realistic games, participants solve puzzles in escape rooms in order to escape from a closed room or a series of rooms within a given time. According to a press release from the Hilti Family Foundation, the adventure game The Hunt for Mr. Mono is dedicated to the topic of biodiversity in time for the Swiss vote on the biodiversity initiative. The project was realized together with supergut, a foundation set up by the Hilti Family Foundation in 2023.
The experts from Geheimgang 188 were responsible for the game design as well as the technical implementation. "We have been very interested in educational escape games for a long time," says Cédric Wyss, co-founder of Geheimgang 188, in the press release. "The fact that we have now been able to develop a game that revolves around a topic that is very close to our hearts is fantastic." Over the past three weeks in particular, "there have been some night shifts to get the games ready on time.
The effort was worth it and we are very proud of the result." The game involves solving various tricky puzzles, all of which deal with the topic of biodiversity. The room is reportedly equipped with a variety of special effects, surprises and sophisticated technology. Up to 21 people can play at the same time. The game is therefore also suitable for school classes. ce/ww
Cédric Wyss, Mitgründer von Geheimgang 188, führt eine Testgruppe ins Spiel ein. Bild: Julian Konrad/Geheimgang 188
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Zurich/Seattle – Swiss-Mile has raised 22 million dollars in seed capital for its autonomous robot dog on wheels. Investors include the venture capital firms Bezos Expeditions, HongShan and the Amazon Industrial Innovation Fund. The latter has recognized potential for Amazon in the Swiss-Mile technology.
Swiss-Mile has raised 22 million dollars in an early financing round. According to a press release, it was led by Amazon founder Jeff Bezos via his investment company Bezos Expeditions and HongShan, the Chinese arm of Silicon Valley venture capital giant Sequoia. The Amazon Industrial Innovation Fund, Armada Investment from Zurich as the only European investor and the existing investor Linear Capital based in Shanghai have also participated.
They are all convinced that Swiss-Mile will play a leading role in the embodied intelligence sector with its robot dog on wheels. The Zurich-based robotics start-up emerged from Professor Marco Hutter's Robotic Systems Lab at the Swiss Federal Institute of Technology in Zurich (ETH) in April 2023. The robotics pioneer is part of the founding team of Swiss-Mile and in June received this year's Rössler Prize from the ETH Foundation, the ETH's most valuable research prize worth 200,000 Swiss francs.
The founders have enabled four-legged robots with wheels under their feet to walk, drive, stand upright on two legs and handle packages with wheel-driven end effectors. By integrating reinforcement and supervised learning into a unified framework, these robots can learn autonomously and adapt based on their real-world missions.
Swiss-Mile has reportedly begun pilot integrations with beta customers around the world. They will enable tests of this embodied artificial intelligence in various real-world environments. According to Daniel S. Aegerter, CEO and founder of Armada Investment, the wealth of potential use cases will "usher in a new era of economic activity".
According to its head Franziska Bossart, the Amazon Industrial Innovation Fund is pleased to "support the team, as we have recognized the potential of these technologies for Amazon". ce/mm
Amazon is investing in Swiss-Mile through its Industrial Innovation Fund; in the picture the Amazon Campus 1 in Seattle. Image: Amazon
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Zollikofen BE/Winterthur – Securiton AG, which specializes in security solutions, has been awarded the Red Dot Design Award 2024 for two of its products. Securiton is supported by the design company creative matters.
Security specialist Securiton AG has received the prestigious Red Dot Design Award 2024 for two products, according to a press release. The Zollikofen-based company, which specializes in security solutions, presented the STC 701 control unit for the SecuriSafe Expert intruder alarm system and the APR 70x reader for the SecuriGate access control system.
According to the press release, the jury was impressed by the coherent design reduced to the essentials and the intuitive operability with a high level of user-friendliness.
Securiton is supported by the design specialists at creative matters, based at Technopark Winterthur.
The collaboration between Securiton and Meyer-Hayoz Design Engineering goes back over two decades, according to the press release. creative matters emerged from Meyer-Hayoz.
For health reasons, Wolfgang Meyer-Hayoz, founder, CEO and first tenant at Technopark Winterthur, handed over a number of current projects and the corresponding data material to two long-standing employees in 2023 after prior consultation with his customers. Julian Wilczek and Dominic Kernen have been working with creative matters GmbH since the beginning of 2023.
According to the press release, they had already carried out design work for Securiton at Meyer-Hayoz Design Engineering in previous years.
The Red Dot Design Award is probably the world's most prestigious design award. The reach and recognition of the award have a demonstrably direct and lasting influence on the market success of the award-winning products. ce/gba
Creative matters hat Securiton dabei geholfen, die Design-Auszeichnung Red Dot Design Award 2024 zu erhalten. Bild: zVg/creative matters
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Schlieren ZH/London – GIANTS Software and Straight4 Studios are expanding their partnership. In addition to the already agreed marketing of the British racing simulator from 2025, the two companies are now also working together on technical development.
The Schlieren-based games developer GIANTS Software is also making the game software successfully used in the Farming Simulator available for the racing simulation Project Motor Racing planned by Straight4 Studios. In July, GIANTS Software announced the distribution agreement for Project Motor Racing. The British computer game developer Straight4 Studios in London has now also agreed a long-term technical partnership with GIANTS Software, according to a press release.
The game engine - the computer program for controlling and displaying the game - from Farming Simulator will also be used in Project Motor Racing and will power the racing simulation when it is released next year in 2025. GIANTS Software and Straight4 Studios have been working together on the integration of the GIANTS Engine into Project Motor Racing since 2023. According to the announcement, both studios are deep in the development phase to optimize the engine for the racing simulator. The main focus is on good visual representation.
"When we moved to self-publishing in 2021 and self-published our farming simulator, we made no secret of the fact that we were looking for external titles that fit our vision. With Straight4 Studios, we found the ideal candidate: a studio that, like us, creates first-class simulations," said Boris Stefan, CSO and Head of Publishing at GIANTS Software.
"Competing in the specialized and technically demanding sim racing genre with Project Motor Racing is a testament to the versatility of the GIANTS engine," said Kevin Boland, CDO (Chief Data Officer) at Straight4. ce/gba
Die Rennsimulation Project Motor Racing verwendet künftig die GIANTS Engine. Bild: zVg/GIANTS Software
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Schlieren ZH/New York/Brussels – The biotech company InSphero is joining forces with Breakthrough T1D and the University of Brussels. The aim of the partnership is to develop new treatment methods for type 1 diabetes.
The biotech company InSphero, based in Schlieren, has entered into a partnership with the New York-based research organization Breakthrough T1D (T1D) and the Center for Diabetes Research at the Université Libre de Bruxelles (ULB). This collaboration, which is funded by Breakthrough T1D, aims to develop new treatment strategies for type 1 diabetes that focus on protecting and preserving the vital insulin-producing beta cells in the pancreas, according to a press release.
Type 1 diabetes is a serious disease in which the immune system mistakenly attacks the body's own beta cells, resulting in insufficient insulin production, according to the InSphero press release. The innovative approach of the new collaboration aims to protect these cells from attack by the immune system by focusing on the beta cells' own mechanisms. Decio L. Eizirik, an expert in beta cell research at the ULB Center for Diabetes Research, is InSphero's scientific partner in this project, it continues.
"Unlike traditional approaches that focus exclusively on the immune system, our strategy targets the misguided dialog between the immune system and beta cells in T1D," Burcak Yesildag, Vice President of Islet Biology at InSphero, is quoted as saying. By bringing together InSphero's technology and ULB's scientific expertise, it is hoped that "significant breakthroughs in the fight against T1D can be achieved," Jay Tinklepaugh, lead scientist at Breakthrough T1D, is quoted as saying.
InSphero is a spin-off from the University of Zurich (UZH) and the Swiss Federal Institute of Technology Zurich (ETH), based in the Bio-Technopark Schlieren-Zurich. ce/gba
InsSphero is based in the Bio-Technopark Schlieren-Zurich. Image: zVg/Limmatstadt AG
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Zurich/Lanham – Drone manufacturer Fotokite has agreed a strategic partnership with Safeware. Safeware equips fire departments, law enforcement and health and safety teams in the USA with safety solutions.
Fotokite and Safeware are entering into a strategic partnership in the United States. The Zurich-based manufacturer of aerial reconnaissance drones is working with the security solutions provider to integrate Fotokite's aerial situational awareness technology into Safeware's distribution network, according to a press release. Fotokite has offices in Boulder, Colorado, and Syracuse, New York.
The cooperation is intended to offer fire departments, law enforcement agencies and occupational safety teams more support.
Fotokite's actively connected technology is designed to improve situational awareness for public safety teams, according to the statement. The Unmanned Aircraft Systems (UAS) or drones, which are connected via a tether with a data link, provide immediate aerial imagery to significantly improve response times and operational safety.
"This partnership will allow us to better serve our customers and increase our impact on the safety and effectiveness of emergency response teams across the U.S.," said Cody Lockwood, Sales Director of Fotokite. "Our collaboration with Fotokite is a significant step forward in our mission to equip first responders with the best tools available.
Fotokite's technology perfectly complements our existing product offering, and together we will be able to deliver unprecedented value to our customers," said Connie Stallings, Head of Sales at Safeware, headquartered in Lanham, Maryland. ce/gba
Fotokite's wired drone technology is also being used by emergency services. Image: Photokite
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Zurich/Winterthur – SMEs in Zurich expect the business situation to improve slightly in the coming months. The biggest challenge remains the shortage of skilled workers. Here too, however, the situation has improved year-on-year. This is shown by the latest KMU ZH Monitor from ZKB and ZHAW.
SMEs in the canton of Zurich were slightly less satisfied with the general business situation in the first half of 2024 than in the previous year, Zürcher Kantonalbank (ZKB) reported in a press release on the latest KMU ZH Monitor. However, the majority of the 746 companies surveyed for the Monitor expect a slight improvement over the next twelve months. The KMU ZH Monitor has been conducted annually since 2021 by the Zurich University of Applied Sciences (ZHAW) on behalf of ZKB.
As in the previous year, companies see the shortage of skilled workers as the biggest challenge. Medium-sized companies are more affected by this than small and micro companies, according to the press release. However, the situation has improved compared to the previous year. Other frequently cited challenges include regulations and requirements from the authorities as well as digital transformation and process optimization. The availability of raw materials and preliminary products has improved significantly compared to the previous year.
"The problems in the supply chains of SMEs appear to have evaporated," writes ZKB. However, companies are unable to fully offset increased costs with price increases, meaning that improvements in net profit are lower than the growth in turnover. Capacity utilization of production facilities also remains below the previous year's figures across all sectors. ce/hs
The lack of skilled workers continues to be the biggest challenge for SMEs in the canton of Zurich. Symbolic image: This_is_Engineering/Pixabay
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Zurich – More than 600 start-ups co-founded by women are currently listed on a digital map of the Female Founders Initiative. The Startup Campus initiative is made possible by the ZHAW and the Impact Hub Zurich and promotes female entrepreneurs. The ZHAW is an innovation partner of the Open-i conference in November.
The Female Founders initiative uses a digital map to network over 600 companies with female founders as of the beginning of August 2024. The number has thus increased by 20 percent in the last year. This was published by the Startup Campus initiative , which is supported by Zurich University of Applied Sciences (ZHAW) and Impact Hub Zurich. Since its launch at the end of 2020, Female Founders has supported female entrepreneurs through various measures.
The Female Founders Map aims to help them gain greater visibility and facilitate networking. The map is sorted by sector and thus shows potential cooperation partners in areas such as food tech or software. Women are still severely underrepresented in the Swiss start-up landscape, says Vanessa Mohrig, Co-Head of Female Founders. However, there are positive signs, including the increase in the number of listed companies. Management expert Vanessa Mohrig is responsible for marketing and community building at Startup Campus and is an active female founder herself. She emphasizes: "A lot is happening at the moment with regard to women and start-ups." There are more offers for female founders, which tend to be used more.
The first version of the FF+ Acceleration Program was also very well received. This is a free program for female founders of female founders. Over several weeks, it imparts knowledge for successful entrepreneurship, for example in financing or marketing issues. The aim is to support female founders in their search for investment. A second round will start next year. Interested parties with a start-up idea can already register on a waiting list.
The ZHAW, which is behind Female Founders, is an innovation partner of the Open-i innovation conference in Zurich in November.
Open-i sees itself as a Swiss innovation community and dialog platform for business and science, bringing together academic and economic experts. Open-i is organized by NZZ Connect, a branch of the NZZ based in Bern. The conference will take place on 21. and November 22, tickets are available now. ce/yvh
Female Founders brings together the female start-up ecosystem – pictured here at the annual RiseUp Summit. Image: Female Founders
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Dübendorf – Büro Züri Innovationspark from Zürcher Kantonalbank (ZKB) has opened the application phase for the 2025 programme. Start-ups can apply for a free coworking space until the end of September.
The Switzerland Innovation Park Zurich, once Europe's pioneering center for civil aviation, has become a hotspot for research, development and innovation. The converted fire station offers a total of 170 square meters with 16 flexible workstations for up to six start-ups, spin-offs and young companies. This working environment is ideal for an innovative and collaborative working community.
Attractive Coworking Space
The facilities include a modern meeting and workshop room, generous infrastructure, a fully equipped kitchen, special meeting zones, ample storage space and free 24/7 access. The selected start-ups will be able to use the premises from January 2025.
Part of a Dynamic Community
Start-ups from the fields of technology, engineering, robotics, hardware and the like are invited to apply. Büro Züri offers an inspiring environment where science meets business. Participants have access to community events, exclusive online trainings and the valuable RUNWAY Startup Incubator Service Desk for expert advice and startup tips. The opportunity to network with like-minded people opens up valuable opportunities for cooperation and the exchange of know-how. The selected start-ups also benefit from the media presence of Büro Züri Innovationspark and Switzerland Innovation Park Zurich, which significantly increases their visibility and reach.
Open Day Event
On August 28, 2024 at 3:00 pm, an Open Day Event will take place at Büro Züri Innovationspark. This event provides an excellent opportunity to meet with other start-up founders, learn more about the program and participate in a summer BBQ. Participation is free of charge. Interested start-ups can register by sending an e-mail to info@buero-zueri.ch, stating the number of participants and the name of the start-up.
Further information and the application form can be found at startup-campus.ch/offer/buro-zuri-innovationspark/.
Author: Dilara Sophie Körtel
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Zurich – The Technopark Zurich Foundation is looking for candidates for the ZKB Pioneer Award Technopark 2025. Founders of all companies founded after June 30, 2019 can apply with their technical projects until September 23, 2024.
Technopark Zurich is looking for candidates for the ZKB Pioneer Award Technopark 2025, according to a press release. The ZKB Pionierpreis Technopark has been awarded by Zürcher Kantonalbank (ZKB) and Technopark Zurich to young deep tech companies since 2001. Founders of all such companies founded after June 30, 2019, can apply until September 23, 2024, according to the press release. Registration is possible online. Prizes are awarded to projects at the transition from innovative idea to market maturity. At this point, start-ups are usually still far from the profit zone in a phase in which financing is not easy, the report continues. The prize money of around CHF 100,000 for the winner and CHF 10,000 each for the runners-up is intended to help with financing. In addition, the rigorous selection process by a high-caliber jury lends credibility to the finalists' business models. Zurich-based deep tech start-up Decentriq has won the ZKB Pioneer Award Technopark 2024. It was recognized for its platform with technology for data protection and artificial intelligence. The award ceremony took place on May 7 at Technopark Zurich. ce/gba
The Technopark Zurich Foundation is seeking candidates for the ZKB Pioneering Award Technopark 2025. Image: Technopark Zurich Foundation
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Schlieren/Dübendorf ZH – Venture Kick supports BTRY with 150,000 Swiss francs. The start-up has developed a new type of solid-state battery that can be fully charged in just one minute.
The start-up promoter Venture Kick has awarded the battery developer BTRY in Dübendorf a grant of 150,000 Swiss francs, according to a press release. The cleantech start-up is receiving the investment from Venture Kick to set new standards in energy storage. According to the press release, BTRY has developed a solid-state battery that can be fully charged in just one minute. BTRY is a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH) and the Swiss Federal Laboratories for Materials Science and Technology (Empa).
In contrast to conventional lithium-ion batteries, which are limited by slow charging times and temperature sensitivity, BTRY uses an innovative solid-state technology, according to the Venture Kick press release. In terms of technology, the new process is based on the stacking of thin-film cells using high-precision and solvent-free processes that have been tried and tested in the manufacture of semiconductors. The batteries created in this way would not only offer fast charging times and high reliability at extreme temperatures, but would also improve economic efficiency and environmental compatibility.
The Venture Kick investment will be used to demonstrate scalability through production on pilot lines, further improve the product offering and accelerate time to market. This will strengthen the basis for a planned seed financing round in the third quarter of 2025.
CEO Moritz Futscher and CTO Abdessalem Aribia founded BTRY in 2023 together with Yaroslav Romanyuk as scientific advisor. "Venture Kick has been with us from the very beginning. This support was crucial for our growth and has helped us to grow from a scientific project into a successful company," CEO Futscher is quoted as saying. ce/gba
BTRY CEO Moritz Futscher und CTO Abdessalem Aribia erhalten frische Mittel für ihre Feststoffbatterie. Bild: Venture Kick
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The “Zurich SME Innovation Day” took place on July 4 at the Toni-Areal of the Zurich University of the Arts (ZHdK) in Zurich. The event was based on the “SMEs and Innovation” (KMU und Innovation) funding offer from the Canton of Zurich Location Promotion Network. This includes the Canton of Zurich’s Office for Economic Development and the regional location promotion agencies.
"Out-of-the-box thinking" and networking: both were at the heart of the Zurich SME Innovation Day. In workshops, entrepreneurs from various sectors presented and jointly developed innovative solutions that will benefit Zurich as a business location.
Spice up your hairstyle with an "invisible" curler? Inherit personal passwords via digital urn? No problem at all! The fact that such undertakings are no longer utopian was demonstrated at the second Zurich SME Innovation Day. Around 150 participants got to see and hear how companies from the canton are making Zurich fit for the future as a business location with concentrated innovative strength.
The start-up Maelle, for example, founded by ZHdK graduate Sandra Seb, has created a simple, recyclable accessory for people with long hair. Maelle's so-called "curls-in" can be braided into the hair without much effort and form voluminous curls in a short time. This is made possible by special metallic materials that are also used by NASA in space travel: shape memory alloys. What's more: In contrast to conventional "heatless curls", Maelle's are not noticeable to anyone - they are virtually hidden under the hair.
Maelle is one of many start-up companies currently looking for investors. This is where the SME Innovation Day comes into play: it offers entrepreneurs and potential investors a platform to find each other and make contacts. "Many of the funding opportunities are not really known to SMEs and are only used to a limited extent," said Anita Martinecz Fehér from the organization team in her welcoming address. "Today, we offer you the opportunity to build a network so that you can draw on the full potential."
At the same time, the Innovation Day encouraged established SMEs that have been around for some time to break new or unconventional ground and drive innovation forward - with the start-ups naturally also serving as inspiration. "Innovation must be in our own interest," said Oliver Schärli from Zürcher Kantonalbank, which promotes young companies and supports the SMEs and Innovation program, in his presentation. "Without innovation, we won't develop any further. We stagnate."
To prevent any kind of stagnation, SMEs can also count on the support of the Swiss Resource Efficiency Network (Reffnet). As the name suggests, it advises and supports companies in the efficient and environmentally friendly use of their operating resources. The network of consulting firms, research institutes and environmental organizations thus helps SMEs to achieve all their sustainability goals.
Speaking of stagnation: in order for Switzerland to remain an "innovation nation", all players from politics, business and research are called upon. This is the conclusion reached by Peter Seitz from the Swiss Academy of Engineering Sciences (SATW). He has noticed that investments in research and development are becoming less and less worthwhile for some sectors. "We have to be vigilant," Seitz warns the guests in his speech. "Our economy thrives on exports; they account for 50 percent of our GDP. We would be lost without innovation!"
Another promising project that was presented in the plenary block "Creativity meets technology" is called "Final Backup". In their Bachelor's thesis, ZHdK graduates Jonathan Bischof and Elias Diehl looked at the question of what happens to personal digital data after a person's death. Her answer: digital urns.
In these, photos, passwords, chat histories or song playlists of the deceased person are passed on to the surviving dependants - it is possible to determine exactly which ones and for how long. All other private data can be filtered out and permanently deleted using a simple data handling procedure. This is not only practical, but also environmentally friendly, as the data memory continues to consume energy even after a person has passed away without being deleted.
We will probably never know what it is like to be dead. What it's like to live as a bat, however: the design studio "Somebodyelse" makes the supposedly unimaginable possible using virtual reality technology. If you put on these goggles, you are already in complete darkness and "live" as a bat - you get "bat vision". The "Somebodyelse" pilot product of the same name was also created by ZHdK graduates.
Let's stay with the animals: In the plenary block "Sustainability meets technology", environmental engineer Andreas Zaugg explained how he created a high-quality shrimp farm in Winterthur with his company "Lucky Shrimp". The so-called "Biofloc" technology makes it possible to imitate the natural ecosystem of prawns in an environmentally friendly way, meaning that local restaurants no longer have to import them.
In addition to the presentation of such exciting projects and business ideas, participants at the Innovation Day had the opportunity to visit various information stands and learn more about individual companies, institutions and sectors. A total of thirteen workshops with experts were also held. Future-oriented approaches were actively worked on and tinkered with in individual modules and bilateral consultations. The core topics: Innovation, digitalization, sustainability and employer attractiveness.
In its workshop, the "öbu" association for sustainable business took a close look at the circular economy together with the participants - including its opportunities and challenges. How will companies manage to be profitable along their value and supply chains in the future without neglecting their sustainability goals? Representatives from different industries developed exciting solutions in the group.
In the module "Product innovation: creatively tackling the lack of ideas", Julien Silva and Stefan Bebié from Zurich-based IT company Ergon presented a creative approach to collecting all kinds of ideas in a team: the 6-3-5 method. Six participants write down three ideas each, for which they have five minutes. This process is then repeated five times. This means that up to 108 ideas can be generated within 30 minutes!
Collecting ideas was also the order of the day in the module "Employer attractiveness in times of skills shortages". Markus Renevey, coach at the Swiss Resilience Hub competence center, wanted to know from those present how an employer can be convincing. An important insight from almost 60 minutes of discussion and brainstorming: Solutions tailored to the needs of individual employees are more important than ever. And: the workplace does not necessarily have to become a second home - even though companies such as Google aim to do just that by offering great benefits.
Other modules dealt with topics such as how SMEs can better protect themselves against cyber attacks or do more to protect the environment. At the end of the Innovation Day, all participants had the opportunity to get to know each other better at the networking aperitif.
The following organizations and associations helped shape the SME Innovation Day: Arbeitgeber Zürich VH, B Lab Switzerland, DIZH, Empa/NEST, Ergon Informatik AG, ERNI Schweiz AG, Euresearch, Fachstelle Betrieblicher Gesundheitsschutz, Forum BGM Zürich, Industrie 2025, Impact Hub Zürich, Innosuisse, Institut für geistiges Eigentum, Kantonales Zentrum für Cybersicherheit, KMU und Gewerbeverband Zürich KGV, Netzwerk Standortförderung Kanton Zürich, ÖBU, SATW, Swiss Resilience Hub, Topsoft, ZHAW, ZHdK and Zühlke Schweiz.
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Zurich – Scrona has unveiled the next generation of its multi-nozzle print head. The company was also able to acquire a convertible loan in the amount of 4 million dollars. It intends to use the fresh money to advance the industrialization of its technology.
Scrona, a Zurich-based micro additive manufacturing company, has unveiled the next generation of its multi-nozzle print head for electrostatic printing. According to a press release, the company, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), also secured a convertible loan of 4 million dollars. The capital is being provided by EquityPitcher Ventures, a venture capital company based in Zurich, as well as existing investors. Scrona intends to use it for the industrialization and commercialization of its novel printing technology, but also to prepare for the upcoming Series B financing round.
The application of the already patented electrostatic printing technology, which is used in the manufacture of semiconductors or displays, is intended to reduce production steps tenfold and at the same time significantly reduce material, energy and water consumption. The new GEN3 printhead platform will be launched with an 8-nozzle digital version, with a 128-nozzle version planned for this year.
"Scrona enables its customers to digitally print the impossible - on any material and on a large scale. This improves the speed, accuracy and cost of manufacturing the innovative products of today and tomorrow," Patrick Heissler, newly appointed CEO of Scrona, is quoted as saying in the press release. "We are very excited about the performance and potential of the GEN3 printhead platform, which will be delivered to the first customers this month." ce/eb
The team of Scrona from left to right: Dr. Patrick Galliker, CTO; Dr. Julian Schneider, CPO; Dr. Patrick Heissler, CEO; Martin Schmid, CIO. Image: Scrona AG
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Spreitenbach AG/Dübendorf ZH – Velopa and V-Locker are entering into a cooperation. The aim is to develop complete solutions for bicycle parking systems, urban micromobility and mobility hubs.
Velopa AG from Spreitenbach and the Dübendorf start-up V-Locker AG are entering into a strategic partnership, according to a press release. The two companies offer bicycle parking systems, cycle path infrastructure and mobility hubs to promote resource-conserving micromobility, the report continues. This also includes the sustainable development of the "first and last mile" of public transport.
Through this cooperation, the two providers are supplementing their portfolio of situation-specific solutions for bicycle parking systems and sustainable mobility services. "With this partnership, we are creating an important prerequisite for further advancing the sustainable transportation transition. Thanks to the mutual complementary expansion of our offerings, we are able to plan the optimal bike park solution for every situation and thus promote urban micromobility," said Pascale Haslauer, CEO of Velopa AG.
With around 50 employees, Velopa is a Swiss-wide provider of products and solutions in the field of bicycle infrastructure. These include digitalized and mechanical bike parking systems, guidance systems for bike stations as well as cycle path dividers and access control systems. V-Locker is a manufacturer and operator of automated modular bicycle parking towers, including a digital platform that simplifies the use and operation of the parking systems.
"The cooperation with Velopa is the next logical step for V-Locker in an increasingly networked and therefore more complex world of mobility," says Jens Kirchhoff, CEO and co-founder of V-Locker AG. Providers of innovative and high-quality mobility infrastructure must also create synergies in order to provide mobile people with environmentally friendly and healthy mobility, the CEO continued. ce/gba
The parking towers by V-Locker are designed for safe and space-saving storage of bicycles in public spaces. Image: courtesy of V-Locker
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Gümligen BE – The jury of the Prix SVC Economic Area Zurich 2024 has selected five companies for the final. Hauenstein, Hawa Sliding Solutions, Luzi, RepRisk and Schneider Umweltservices are vying for the coveted award from the SME network Swiss Venture Club (SVC).
The finalists for the Prix SVC Zurich Economic Area 2024 have been announced. An independent jury of experts with strong regional roots selected Hauenstein AG, Hawa Sliding Solutions AG, Luzi AG, RepRisk AG and Schneider Umweltservices AG, the SVC announced in a press release.
"I am very much looking forward to the Prix SVC and believe that the decision as to who will win the prize has never been as challenging as this year," said jury president Christopher Blaufelder, Partner at McKinsey & Company Switzerland. "We have consistently high-quality companies from a wide range of industries in the final selection." According to Blaufelder, they are all characterized by a focus on quality and innovation.
Hauenstein AG from Rafz ZH relies on the sustainable in-house production of native, hardy plants in its tree nursery and garden centers. Hawa Sliding Solutions AG from Mettmenstetten ZH specializes in sliding solutions for rooms, furniture and façades. Globally active Luzi AG from Dietlikon ZH develops and produces fragrance creations.
Zurich-based RepRisk AG specializes in the identification of business and ESG risks. Schneider Umweltservice AG from Meilen ZH is committed to innovative and environmentally friendly solutions for reuse and recycling.
The Swiss Venture Club is one of the largest entrepreneurial networks in Switzerland. It awards the Prix SVC in eight regions every two years. The award recognizes innovative companies in the region for outstanding achievements that can achieve sustainable economic success. ce/hs
Hauenstein AG, Hawa Sliding Solutions AG, Luzi AG, RepRisk AG, and Schneider Umweltservices AG are finalists competing for the first place in the Prix SVC Economic Area Zurich 2024. Image: courtesy of SVC/Manuel Lopez
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Biberist SO – The real estate company HIAG has won another cleantech company as a tenant for the Papieri site in Biberist. Grensol AG from Thalwil ZH is a company that recycles raw materials from scrap cars.
The real estate company HIAG was able to win another cleantech company as a tenant for its Papieri site in Biberist. According to a press release, Grensol AG recycles valuable low-emission resources such as hydrogen, carbon black, metals and glass from scrap cars. By recycling in the circular economy, the company also avoids incineration and landfill of the waste, which emits pollutants. On June 19, Grensol received the W.A. de Vigier Award, one of the most coveted sponsorship prizes in Switzerland, for his commitment. Grensol will build its first pilot plant in Switzerland on an area of 860 square meters on the Papieri site.
"We are delighted that Grensol AG is the second clean-tech company to decide to build its innovative plant on our Papieri site," said Raphael Schibli, the responsible asset manager at HIAG, in the press release. "This shows that the Papieri site offers ideal conditions for companies from various sectors to develop."
The start-up Librec AG had already established itself on the site. The company specializes in the recycling of electric batteries. ce/ww
As of July 1st, HIAG has successfully attracted Grensol AG as another tenant to the Papieri site. Image: HIAG
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Zurich – Spacewise has received a seven-figure investment in a post-seed financing round. The proptech company intends to use this to optimize its platform for short-term commercial rentals and expand further in Canada and the USA.
Spacewise has received fresh capital to further invest in its product development and expansion in North America. According to a press release, an undisclosed seven-figure sum was raised in a post-seed financing round. The round was led by Zug-based investor Sandermoen with the participation of Zürcher Kantonalbank (ZKB) and several family offices and business angels.
The Zurich-based proptech software-as-a-service company operates an award-winning platform for the temporary rental of retail properties. Brad Peppard, Chairman of the Board of Directors, describes this platform as a "first-class solution for sales automation". Spacewise is "well on the way to doing for short-term commercial rentals what online booking services have done for hotel reservations".
Customers can either opt for a comprehensive end-to-end solution or for specific modules. This flexibility, according to Spacewise, "increases effectiveness and efficiency in presenting property portfolios, managing space inventory and maximizing revenue."
In Europe, Spacewise works with Migros, Swiss Post, Coop, Wincasa and SBB, among others, which handle thousands of rental contracts. In North America, we have partnerships with major players such as Regency Centers and Oxford Properties.
"Spacewise has recognized a critical market need and has achieved impressive market momentum in Switzerland," investment manager Yves Becker from ZKB is quoted as saying. "The unique white labeling solution and strong network of partnerships positions the company well for international expansion." ce/mm
Spacewise specializes in the short-term rental of retail properties. Symbol image: Pixabay
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Dübendorf ZH/Kiel – V-Locker AG from Dübendorf has gained the German company Designa Verkehrsleittechnik GmbH as a sales partner. Designa will introduce the digitized bicycle parking towers from V-Locker in its market segments.
V-Locker AG from Dübendorf and Designa Verkehrsleittechnik GmbH from Kiel have entered into a sales partnership, V-Locker announced in a press release. As a first step, the Kiel-based company, which specializes in parking space management, will introduce V-Locker's digital bike parking towers in its established market segments. "The V-Locker bicycle parking systems perfectly complement our existing range and offer our customers an innovative solution for the growing need for secure and efficient bicycle parking options," Designa-STO Florian Leiber is quoted as saying in the press release.
Thanks to their modular design, V-Locker bike parking towers have capacity for six to 1000 bikes in a small space. The towers have an integrated lift system and also offer space for storing luggage, helmets and protective clothing. Operation is via an app, which can also be used to locate the towers and reserve seats.
"With Designa, we have a strong partner at our side who has extensive experience in the sale of parking management systems," explains V-Locker CEO Jens Kirchhoff. "The partnership will open up new customer segments for us and strengthen our position as a market-leading provider of safe and intelligent bicycle infrastructure solutions." ce/hs
The Park Towers of V-Locker are used for the safe and space-saving storage of bicycles in public spaces. Image: courtesy of V-Locker
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Solothurn – Six start-ups have been honored at this year’s W.A. De Vigier Award. Their projects range from metal foams and rentable guard robots to the recycling of mixed plastic waste, sustainable remediation planning, innovative fibrosis therapies and cellulose without wood.
At this year's W.A. De Vigier Award ceremony, there were six winners instead of the usual five. The winning start-ups each receive CHF 100,000 in this oldest and most highly endowed award for young entrepreneurs in Switzerland. The W.A. De Vigier Foundation 's sponsorship prizes have been awarded for 35 years. To date, 145 Swiss start-ups have received a total of 14.3 million in non-repayable seed capital.
The 2024 winners are Apheros, Ascento and Optiml from Zurich, Grensol from Thalwil ZH, Tandem Therapeutics from Schlieren ZH and Treeless Pack from Opfikon ZH.
Apheros, a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH), produces metal foams whose special properties make it possible to increase the efficiency of climate-relevant technologies.
Ascento rents out robot guards by the hour. The Ascento web app analyzes videos and images using artificial intelligence, can be integrated into existing video surveillance systems and provides reports for security officers.
Grensol makes mixed plastic waste recyclable for the first time. With the help of high-intensity light from renewable energies, hydrogen and carbon black are produced in seconds.
Optiml, also an ETH spin-off, creates data transparency for efficient and sustainable building renovations for real estate owners, asset managers and consultants with its artificial intelligence-based software.
Tandem Therapeutics is tapping into the previously inaccessible multidimensional drug space based on a deep understanding of the mechanobiology of the matrix and its relationship to fibrotic diseases. The ETH spin-off is developing novel therapies with optimized matrix targeting peptides.
Treeless Pack produces nanocellulose using specialized bacteria in scalable and automated modular vertical farms. This reduces deforestation and avoids long transportation routes. ce/mm
At this year's W.A. De Vigier Award, six start-ups have been honoured. Image: Provided by W.A. De Vigier Foundation
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Zurich – Zurich University of the Arts (ZHdK) and the investor platform Fuelarts from the USA want to strengthen the growth of the Swiss creative tech sector. In future, they will compile an annual study on start-ups in the sector. The first “Swiss Creative Tech Startup Report” is now available.
The Zurich Centre for Creative Economies (ZCCE) at ZHdK and the Fuelarts investor platform from the USA want to help creative tech start-ups in Switzerland to expand their activities. The ZHdK announced in a press release that they will shed light on the creative tech sector in Switzerland on an annual basis. On June 19, the two partners presented the first edition of their "Swiss Creative Tech Startups Report" online.
In the press release, the ZHdK points out a number of important findings from the report. There are currently 277 start-ups in the Swiss CreativeTech ecosystem. With 1.75 billion dollars in financing since 1985, CreativeTech start-ups have raised around 13 percent of all Swiss financing for young companies.
A conservative business environment was named by 69% of respondents as one of the biggest challenges for start-ups in the sector. Almost half of Swiss creative tech start-ups cite difficulties after the pitch as the main obstacle to investment. Almost eight out of ten respondents felt that the teaching of creative entrepreneurial skills was missing from their training. In addition to such facts and figures, the report contains a series of interviews with personalities from the Swiss creative industries.
"We see this first report as an important contribution to the presentation of the creative tech ecosystem in Switzerland," ZCCE Director Christoph Weckerle is quoted as saying in the press release. "With such reports, we strengthen the argument for Switzerland to be a leader in the creative tech start-up sector." ce/hs
The Zurich University of the Arts aims to support Swiss Creative-Tech startups. Image: Betty Fleck/Zurich University of the Arts.
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Zurich – The engineering and consulting firm Helbling creates particularly reliable products using the principles of robust design. This reduces the influence of disturbance variables both in use and in production.
The Zurich-based engineering and consulting firm Helbling has developed and implemented methods for so-called robust design in product development, with the help of which products can be designed to be particularly reliable. The authors of a specialist article describe that unexpected conditions and disturbance variables often cannot be controlled. As part of robust design, these aspects are already included in the development process. Ultimately, this could not only reduce the influence of disturbance variables in use, but also in the production of the product. Among other things, this allows for more efficient cooperation with manufacturers and original equipment manufacturers (OEMs).
The authors highlight two areas in which this practice is relevant. Firstly, special reliability is required for high-tech products that are used in unusual environments - such as satellites in space. Secondly, robustness plays a major role in complex and mass-produced consumer goods. In the latter case in particular, Helbling has already successfully completed robust design projects.
The article describes steps in the development process that are crucial for Robust Design. For example, the specification of individual parts is dealt with in the context of tolerance design, whereby the permissible deviations from ideal properties are defined. The aim of the parameter design is to reduce the spread.
In general, design clarity has priority, which is achieved on the one hand by the actual geometry of the components. On the other hand, it is essential to optimally control permissible variations from the ideal shape. Today, the tolerances defined by the experts can be stored directly in 3D CAD models using Model-Based Definition (MDS). Critical functions of the components are checked in a 3D tolerance simulation. Thanks to 3D scanning, it is also possible to completely capture produced parts and check them against the specification using 3D verification. The authors emphasize that ultimately the integration of different methods and tools such as design clarity and 3D tolerance simulation enables the efficient development of robust products. ce/yvh
The VW Beetle is a well-known example of robust design. Symbol photo: Tyler Clemmensen via unsplash.
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Zurich – a-metal launches a pilot project for SMEs. The start-up’s innovative 3D metal printing system enables the production of small components on site. The project for medium-sized companies and laboratories is limited to six months.
a-metal, a start-up in the field of 3D metal printing based in Technopark Zurich, is launching a pilot project for small and medium-sized enterprises (SMEs). According to a press release, the project is scheduled to run for six months. To this end, a-metal has developed a new system that can produce tools and components in a small space using the laser powder bed fusion process in 3D printing.
The advantage of the system developed by a-metal is that it is 75 percent smaller than conventional devices and can be operated much more safely and easily thanks to a powder cartridge system. The technology can be used in medical and dental technology as well as in aircraft and tool construction and in the automotive industry.
In the pilot project, ten systems are being implemented at users' premises. At the same time, a-metal takes over the continuous maintenance of the systems and the training of the operating personnel. According to the press release, eight places have already been allocated. Two applicants can still apply to a-metal to take part in the pilot project. The costs for the pilot system, the material flat rate and support from the development team during the pilot program amount to CHF 50,000. Following the project, the system remains the property of the pilot customer.
a-metal is a spin-off of the Swiss Federal Institute of Technology in Zurich. The start-up has received funding of CHF 150,000 from Venture Kick and has won the Swiss Startup Challenge, the InnoBooster from Gebert Rüf Stiftung and the BRIDGE Proof of Concept from the Swiss National Science Foundation and Innosuisse, among others. ce/ww
The team of a-metal at the Technopark Zurich. Image: Provided by a-metal.
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Dietikon ZH – Oxara has successfully completed a pre-series A financing. The funds raised from buildify.earth, a promoter of sustainable start-ups in construction, and the real estate developer Samih Sawiris will also be used to construct the first cement-free building with Oxara products.
Oxara announces a successful pre-series A financing by two high profile investors from the construction industry. According to a press release, the new partners are buildify.earth, an Evergreen Investment Holding that specializes in circular and sustainable tech companies, and Samih Sawiris, who is developing the region in the canton of Uri into a premium destination with his company Andermatt Swissalps.
The funds received will reportedly be used to strengthen operational activities and to construct the first cement-free building together with its industrial partners. Oxara's products will be presented exclusively in it.
The spin-off from the Swiss Federal Institute of Technology in Zurich has reportedly successfully completed seven commercial pilot projects since it was founded at in 2019. Oxara has gained an industrial partner for the production of its cement-free additive and binder for the manufacture of concrete. In addition, the patent portfolio has been expanded through active research and development of new products and the team has been significantly enlarged. Oxara is now preparing to broaden its business and offer its fully commercialized products with national and global partners and customers in the DACH region as well as in Europe, Africa and the Middle East. ce/mm
Oxara has convinced investors with its cement-free aggregates. Image: Oxara.
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Kloten ZH – Cargologic is upgrading the material flow computer for its automated shuttle warehouse to the latest state of the art using a digital twin. The Swiss air freight handler estimates that this project will take a good year and cost around 1.5 million Swiss francs.
Cargologic modernizes the material flow computer for its automated shuttle warehouse in Kloten during ongoing operations. According to a press release, the subsidiary of the German logistics group Rhenus is investing a good year's time and around 1.5 million Swiss francs in the project.
This is "like open-heart surgery", Marco Gredig, Managing Director of Cargologic, is quoted as saying. "As a result, we can no longer take the system out of operation for testing purposes - a changeover to new software must therefore take place immediately," says Reto Nüesch Erismann, Executive Vice President Technics & Applications. This is to be achieved by means of a complex project for which the Swiss air freight handler has entered into a partnership with the software company LplusR from Parkstein in Bavaria, which specializes in the modernization of high-availability warehouse systems.
The core of the overall package is a digital twin with which LplusR virtualizes and emulates the shuttle warehouse with 8,500 pallet spaces down to the hardware level. "This is the only way we are independent of old documentation and can reliably test the system, minimize risks and guarantee successful, immediate commissioning," explains Gunther Lukas, Managing Director and project manager at LplusR.
Cargologic wants to bring its system landscape up to the state of the art and simplify it. This should further optimize the performance of the overall system, ensure complete transparency across all shipments and offer employees a significantly improved user interface. In addition, mobile devices allow for more efficient maintenance and troubleshooting, which increases the overall reliability of the system. ce/mm
Cargologic is modernizing the material flow controller for its automated shuttle warehouse. Image: Excerpt from Cargologic video
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Schlieren ZH/Amsterdam – InSphero, together with SanaGen and the Sanquin Research Institute, has been awarded a Eurostars grant for a gene therapy for the treatment of AATD. The grant amounts to 1.3 million euros.
The biotech company InSphero in Schlieren, SanaGen and the Sanquin Research Institute, both in Amsterdam, have been awarded Eurostars funding for a gene therapy that could become the first "cure" for severe alpha-1 anti-trypsin deficiency (AATD), according to a press release. The grant of 1.3 million euros is intended for the joint NOCAAVAAT project.
The NOCAAVAAT project aims to develop a breakthrough gene therapy for severe alpha-1 anti-trypsin deficiency (AATD). The Eurostars program is a joint program of EUREKA and the European Union.
AATD is a rare hereditary disease that affects one in 2000 to 5000 people in Europe and North America, the report continues. Depending on the specific genetic mutations, AATD can lead to lung or liver disease. The disease is very disabling and shortens life expectancy. An effective therapy is not yet available.
The lead applicant SanaGen is an SME based in Amsterdam that focuses on the development of gene therapies for genetic disorders. "Together, we are able to advance a breakthrough technology that will significantly improve outcomes for patients with alpha-1 antitrypsin deficiency," David Mosmuller, CEO of SanaGen, is quoted as saying.
"The use of human multicellular 3D in vitro models to test the efficacy and safety of gene therapy applications in rare genetic disorders is an invaluable accelerator to finding curable solutions for patients with these diseases," Francisco Verdeguer, Vice President of Liver Disease at InSphero, is quoted as saying. The InSphero models are one of the cornerstones for testing this therapeutic strategy.
InSphero is a spin-off of the University of Zurich and the Swiss Federal Institute of Technology Zurich and is based in the Bio-Technopark Schlieren-Zurich.ce/gba
InSphero is based in the Bio-Technopark Schlieren. Image: Courtesy of Limmatstadt AG
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Schlieren ZH/St. Paul – Synbio cleaners from HeiQ will in future be distributed by Ecolab in the European Union, EFTA countries and the UK. HeiQ will receive an advance payment of 1.8 million euros for the two years of the market launch.
The Schlieren-based technology company HeiQ has signed a contract with Ecolab Inc. for the supply of HeiQ Synbio Cleaner, according to a press release. The supply agreement with Ecolab, a global provider of water, hygiene and infection prevention solutions and services based in St. Paul, Minnesota, has an initial term of five years. It provides for Ecolab to offer its customers cleaning products that have been developed on the basis of the HeiQ Synbio technology platform, it continues. Ecolab operates in more than 160 countries and employs over 40,000 people worldwide.
HeiQ will receive an initial advance payment of EUR 1.8 million to cover the investments required for the first two years of the market launch. If successful, there are additional minimum orders for the following three years, which generate a total minimum turnover of EUR 11 million. Ecolab will have exclusive distribution rights in the B2B cleaning sector for the European Union, the EFTA countries (Switzerland, Liechtenstein, Iceland, Norway) and the United Kingdom.
"This agreement confirms the groundbreaking qualities of our industrial biotech platform HeiQ Synbio and its innovative pioneering role in the market," said Carlo Centonze, co-founder and CEO of HeiQ. The collaboration with Ecolab has the potential to open up additional new markets and fields of application.
HeiQ is a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), is based in the IJZ Innovation and Young Entrepreneur Center and is a member of Start Smart Schlieren. ce/gba
Synbio cleaners from HeiQ will be distributed in Europe by Ecolab in the future. Image: Business Wire
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Zurich/Weinfelden TG – Credit Exchange AG (CredEx) has a new lender and minority shareholder in Thurgauer Kantonalbank (TKB). In return, it is handing over its mortgage brokerage platform, Valuu, to TKB.
Credit Exchange AG (CredEx) wants to concentrate on its core business as a business-to-business marketplace and is selling its mortgage brokerage platform Valuu to Thurgauer Kantonalbank (TKB). As a result, TKB acts as an additional lender and minority shareholder for CredEx.
Credit Exchange AG, based in Zurich, achieved "significant growth" in its core business-to-business (B2B) business last year, as detailed in a press release. The cooperation now agreed with Thurgauer Kantonalbank is "in the sense of focusing resources". As a lender and minority shareholder, TKB is strengthening the existing shareholder base of Die Mobiliar, PostFinance, Vaudoise Insurance, Swisscom, Bank Avera and Glarner Kantonalbank.
The mortgage brokerage platform Valuu was founded in 2019. TKB will integrate Valuu into the Brokermarket platform to strengthen its own mortgage brokerage. Valuu will enable TKB to expand its brokerage business with 120 brokers and 24 lenders faster and more effectively, so that both Valuu and Brokermarket customers will benefit from the acquisition. Serkan Mirza, CEO of CredEx, sees the collaboration and the focus on the core business as "an opportunity to continue CredEx's strong growth in the coming years", as he is quoted in the press release. "With TKB, we are gaining a partner that is highly competent in the mortgage business. As the soon to be second active cantonal bank on the B2B platform, we will receive innovative impetus for the further development of CredEx." ce/js
The management team of CredE - from left to right: Tiago Cruz (CTO), Andrea Canonica (CXO), Serkan Mirza (CEO). Image: Credit Exchange AG
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Zurich/London – Will Lahaise and Chris Rowe have founded the recruitment consultancy pltfrm. The former head of UBS Recruiting and the EMEA head of a global recruitment consultancy want to shake up the executive search industry. Pltfrm also uses artificial intelligence.
Chris Rowe from Zurich and Will Lahaise from London have founded a next-generation recruitment consultancy. Their company pltfrm aims to redefine the executive search industry. To this end, the former EMEA head of a global executive search firm and the former head of UBS Recruiting are using artificial intelligence alongside human knowledge and judgment.
"Conventional selection procedures are used to find conventional managers," Rowe is quoted as saying in a corresponding press release from pltfrm. This approach is "no longer appropriate for many companies". Pltfrm incorporates a quantitative assessment of inclusive leadership and digital mindset into its selection processes.
"Diversity is crucial today," says Rowe. "Interestingly, the first four global leaders that pltfrm placed were all female." For the HR expert, inclusion is the "key to sustainable diversity". A single manager with a diverse background is not enough. "We help our clients to predict which candidate is best suited to building diverse teams," says Rowe.
The pltfrm office in Zurich is managed by Rowe, while the second location in London is headed by Lahaise. According to the press release, pltfrm's innovative approach has also been well received by large companies. According to the press release, pltfrm is already receiving an increasing number of mandates for C-level positions. ce/hs
Will Lahaise (left) and Chris Rowe, the founders of pltrm. Image: Courtesy of pltfrm
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Zurich – Text service provider Supertext is merging with Textshuttle, a specialist for translations based on artificial intelligence (AI). Samuel Läubli becomes CEO of the company operating under the name Supertext.
The two Zurich-based companies Supertext and Textshuttle are tackling the future together. Supertext is an international text and translation service provider with offices in Zurich, Berlin and Los Angeles. Textshuttle offers translations based on artificial intelligence (AI). The merger of the two companies means that AIs are constantly learning from the linguistic expertise of the translation specialists and vice versa, according to a press release.
Supertext and Textshuttle will operate under their current names for the time being. A joint platform is to be created by the end of 2024. A transformative renaming to the name Supertext is planned. Samuel Läubli takes over the management of Supertext with immediate effect. Läubli completed his Master's degree in Artificial Intelligence in Edinburgh and his PhD at the Institute of Computational Linguistics at the University of Zurich. Textshuttle is a spin-off company of the University of Zurich, which Läubli co-founded in 2016. He was previously technical director at Textshuttle. Laura Fernández, former CEO of Supertext Corporate, and Lucas Seiler, former CEO of Textshuttle, will join the Supertext management team.
As an AI-based full-service language service provider, Supertext wants to work for companies throughout Europe. Translators have to translate the same or similar texts over and over again, according to the press release. AIs often make the same mistakes. Supertext now wants to seamlessly combine customer-specific AI translation models with professional human translations under one roof. According to Supertext, around 120 specialists from the fields of AI, linguistics, project management and security will work in the consolidated team in Zurich and Berlin. ce/js
Supertext merges with Textshuttle, a specialist in AI-based translation services. Image: denflinkegrafiker/Pixabay - Imgur: The magic of the Internet | claudeai.wiki
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Zurich/Opfikon ZH – Legartis and Implenia want to speed up the review time for comprehensive contracts in the construction industry. The specialist for contract reviews using artificial intelligence (AI) and the international construction company will develop an AI module for this purpose.
Legartis ' Legal AI technology is to be incorporated into a specialized AI module that it will develop together with the multinational construction company Implenia from Opfikon. According to a press release from Legartis, this will enable an automated and AI-supported construction contract review tailored to the industry in future.
Legartis CEO David A. Bloch is quoted as saying that Implenia's industry-specific expertise will be incorporated into Legartis' AI training. "These are ideal conditions for developing a powerful industry solution for AI-assisted building contract inspection." The collaboration between Legartis, which operates from Zurich in the DACH region, and Implenia underlines the commitment of both companies to exploit the possibilities of innovative digital technologies and to establish themselves as pioneers in the legal use of AI in the construction industry.
"The partnership with Legartis is a signal to the construction industry that AI and legal departments are a good match," says Dr. German Grüniger, General Counsel & Chief Compliance Officer at Implenia. "For us, the use of AI in the legal sector is an important step in our service strategy and in increasing efficiency." Dr Michael Burkart, Global Head Legal Operations & Strategy at Implenia, expects this to "improve the management of contractual risks, increase standardization and significantly reduce the workload of our legal experts." ce/mm
Legartis and Implenia aim to expedite the review time of comprehensive contracts in the construction industry. Image: Implenia
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Zurich/Breda – MidFunder has been acquired by Levenue. Levenue intends to strengthen its Swiss business and is now active in 16 European countries. Both Levenue and the Zurich-based fintech start-up focus on financing companies with recurring revenues.
Levenue, Europe's largest company for revenue-based financing (RBF), has acquired the Zurich-based fintech start-up MidFunder. Levenue, which has headquarters in Breda in the Netherlands and in London, sees this acquisition as a strategic step towards strengthening its Swiss business, according to its press release. According to Levenue CEO Benjamin Rieder, as a non-EU member, the country is a "unique market that requires a tailored approach". And MidFunder is a company with a "remarkably similar mentality, a similar technology stack and a similar business model", according to the press release. "When we spoke to Levenue, one of the world's leading RBF players operating in 16 European markets and having financed more than 500 companies with a volume of 300 million euros, we realized that we share the same mission, which is to offer new financing opportunities for companies without dilution," MidFunder co-founder Patrick Frei is quoted as saying. Frei founded MidFunder together with Zahra Alubudi, who is now COO of the company.
MidFunder has developed a platform for revenue-based financing and offers companies non-dilutive capital. One of the main advantages of this platform, according to Levenue, is that it evaluates companies within 48 hours and funds are usually received within three days of listing on the marketplace.
The underwriting process, which includes accounting data and an analysis of sales growth, ensures an unbiased assessment. The evaluation of quantitative data, for example with regard to accounting or sales growth, also contributes to this. ce/mm
Das Fintech-Start-up MidFunder ist von Levenue übernommen worden. Symbolbild: geralt/Pixabay
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Dübendorf ZH – Odne has raised 5.5 million dollars in a Series A1 financing round. The spin-off from the Swiss Federal Institutes of Technology in Zurich and Lausanne intends to use the funds to finance the market launch of its innovative therapy for preserving tooth roots in the USA.
Odne can finance its upcoming market launch in the USA with additional capital: The dental start-up from Dübendorf has received 5.5 million dollars in a Series A1 financing round, according to a press release.
With its innovative therapy for preserving the tooth root, the spin-off from the two Swiss Federal Institutes of Technology in Zurich and Lausanne aims to change endodontics, the treatment of the inside of the tooth. It is performed with three new medical devices that enable minimally invasive cleaning of the root canal and light-curing sealing. Last year, Odne received approval from the US Food & Drug Administration for its laser-based dental curing device Odne Cure and its novel filling material Odne Fill
The financing round was led by dental health-focused New York venture capital firm Revere Partners and Liechtenstein-based N&V Capital. The expansion was also supported by renowned funds, including the North American Dental Innovation Alliance. It had already invested in Odne for the fifth time in January. Zürcher Kantonalbank is also part of the investor group.
"With more than 15 million root canal treatments per year, the USA is the largest market worldwide and our most important target," Odne CEO and co-founder Dr. Andreas Schmocker is quoted as saying. "We are currently running a Priority Access program to anchor the use of our products with selected US opinion leaders." In addition, the three new devices required for this treatment will be presented to the endodontic community at the annual meeting of the American Association of Endodontists in Los Angeles in April. ce/mm
Odne plans to introduce its therapy for preserving tooth roots in the USA as well. Image: Odne
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The “Coffeecherry Elixir” is produced in Switzerland with just four natural ingredients and sets new standards in taste and appearance.
The holistic use of the coffee plant and the qualitative enhancement of so-called "sidestreams" are at the forefront of this product. The pulp and pods of the coffee cherry (known as "cascara") are generally very suitable as a natural, healthy and fruity ingredient in various applications. In the harvest and post-harvest process of many farmers, however, the focus remains on the coffee beans (i.e. the seeds of the coffee plant), partly because the available equipment is geared towards this and the necessary know-how is often lacking. This was addressed in Brazil in collaboration with farmers and the renowned university in Lavras, enabling the production of high-quality, dried coffee cherries.
In collaboration with the Creative Food and Beverage Company in Bern, a recipe with an appropriate brewing process was then developed, resulting in a flavor-balanced, storable and promising drink. The Coffeecherry Elixir is available in the Foodflows online store and will also be launched in selected stores, cafés and bars in the course of spring. Discussions are underway and interested partners in the greater Zurich area are invited to get in touch with Foodflows.
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B Lab’s playbook provides simple methods for considering the sustainability dimension when developing new products and services without having to set up an entirely new innovation process.
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Saint-Aubin FR/Wädenswil ZH – Cultivated Biosciences has received 5 million dollars in early-stage financing. The yeast cream developed by the start-up is intended to replace cream in alternative dairy products in terms of creaminess, function and color. The market launch in the USA and Europe is planned for 2025 and 2026.
According to a press release, Cultivated Biosciences can further research and expand the application possibilities of its yeast cream together with the food industry with 5 million dollars in seed capital. This yeast cream is intended for use in the catering industry and in the production of dairy-free foods wherever the creaminess, function and color of cream is desired. Applications in products such as coffee creamers, milk and ice cream have already been validated by the company from Saint-Aubin, based in Wädenswil, with its customers.
This financing round was led by the Dutch venture capital firm Navus Ventures. According to a further press release, the participants included Founderful (formerly Wingman Ventures), Joyful VC and Zürcher Kantonalbank. "Our goal," says Cultivated Biosciences CEO Tomas Turner, "is to make alternative dairy products attractive to traditional dairy consumers - not only to reduce CO2 emissions from milk production, but also to unlock a multi-billion dollar market opportunity."
According to the company, the market for these products is expected to grow from an estimated 12 billion dollars in 2023 to 34 billion dollars by 2033. The company's yeast cream is also intended to appeal to those health and environmentally conscious consumers who were previously dissatisfied with the texture of alternative dairy products and the environmental awareness of their manufacturers.
The product is due to be launched on the US market in 2025. Market entry is planned for Europe one year later. ce/mm
The yeast cream from Cultivated Biosciences is intended for use in gastronomy and in the production of dairy-free foods. Image: Cultivated Biosciences
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Zurich – Chiral Nano has raised seed capital of 3.8 million dollars for its high-speed robots that precisely integrate nanomaterials into devices. They exceed the precision and control limits of conventional chemical methods many times over.
Chiral Nano, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), has secured 3.8 million dollars in seed capital. It comes from the venture capital firms Founderful (formerly Wingman Ventures) and HCVC. ETH Zurich and start-up sponsor Venture Kick also participated with grants.
Chiral Nano has pioneered the development of high-speed automated robots that precisely integrate nanomaterials into devices, according to a Venture Kick press release. These machines can precisely place micrometer- or even nanometer-sized materials on small chips and thus exceed the precision and control limits of conventional chemical methods.
Originally, this was a national research project of the institutions of the ETH Domain ETH, the Swiss Federal Institute of Technology Lausanne(EPFL) and the Swiss Federal Laboratories for Materials Science and Technology (Empa). Chiral Nano was founded by Seojo Jung, Natanael Lanz and Andre Butzerin during their doctoral studies. After four years of research, the team produced its prototype. According to Venture Kick, it was 100 times faster than existing systems. The positive feedback from the market led to the founding of Chiral Nano in June 2023.
The start-up intends to use the fresh capital to develop the next generation of machines. Chiral Nano is also planning to expand its team to meet the growing demand. ce/mm
Chiral Nano has raised a starting capital of $3.8 million. Image: gealt/Pixabay
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Zurich – Swisscom Broadcast AG has spun off its Zoon software solution. The newly founded Oniva AG in Zurich will now continue to develop the event management software. Oniva will be managed by the existing team.
Zurich-based Oniva AG is a new company based on the Zoon event software from Swisscom Broadcast. As the provider of high-availability ICT solutions informs in a press release, the now independent software company will be passed on from the previous team. The focus is on the further development of Zoon.
Zoon is used by companies and organizations to digitize their entire marketing events and conferences, or they use the software for training and further education, which also have a strong event character. Since its launch in 2019, Zoon has been used to organize more than 5,000 events with more than 1 million participants.
"With our solution, organizations can cover almost all events and save up to 80 percent of their previous time expenditure," Marc Blindenbacher, Managing Director of the new Oniva AG, is quoted as saying. According to the press release, this refers to all steps, from the invitation to the website to the event check-in and thank-you emails.
According to Anna Fredholm, responsible for product development, quoted in the press release, the software solution aims to be particularly user-friendly and secure. With the help of specific settings, it can be adapted to the needs of your own organization. Among other things, personal data can be anonymized after the event at the touch of a button. ce/heg
The Oniva AG is led by its existing team. Founders and members of the management are Marc Blindenbacher, Anna Fredholm, and Simon Gadient. Image: Oniva AG
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Schlieren ZH/Abingdon – The British biotech company Immunocore will in future use the platform of the medtech company Oncobit, a spin-off of the University of Zurich. The tests on this platform are used to quantify specific cancer markers in clinical trials.
Schlieren-based Oncobit and the British biotech company Immunocore have signed a service agreement. According to a press release, this collaboration aims to improve the use and understanding of circulating tumor DNA (ctDNA) analysis as a reliable real-time marker of treatment response in clinical trials.
The British company, which focuses on the development and provision of new immunomodulatory drugs and has had a branch in Risch-Rotkreuz ZG since 2022, will rely on the digital platform of the spin-off from the University of Zurich in future. According to the company, this represents a unique combination of digital polymerase chain reaction (PCR) assays and software.
PCR is a laboratory technique for the rapid production of millions to billions of copies of a specific DNA segment, which can then be examined more closely. According to the press release, Oncobit aims to optimize therapy management and change cancer care in a cost- and time-efficient manner by quantifying specific cancer markers in liquid biopsies.
"We look forward to working with Immunocore, a company that shares our vision of innovation in pioneering cancer treatment," Oncobit CEO Dr. Claudia Scheckel is quoted as saying. "We are proud to contribute to such studies to achieve our goal of improving patient outcomes with highly accurate and innovative cancer monitoring solutions." ce/mm
Immunocore utilizes a platform from Oncobit for quantifying specific cancer markers in clinical studies. Image: Herney/Pixabay
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Thalwil ZH – U-blox will implement further projects with key automotive customers in the Asia-Pacific region. The provider of solutions for positioning in automated driving expects revenue of more than $100 million from 2026 onwards.
U-blox has secured a record number of automotive projects in 2023, , the global provider of positioning technologies, wireless communication, and services announced in a press release. U-blox anticipates revenue of more than $100 million from 2026 onwards for these project wins with various automotive manufacturers in the Asia-Pacific region.
According to the information provided, upcoming vehicle models from these manufacturers will be equipped with u-blox's highly precise GNSS (Global Navigation Satellite System) platform F9. This platform features key functions essential for autonomous driving, such as decimeter-level positioning, enabling reliable lane detection and lane keeping. GNSS-based positioning is intended to complement the perceptual capabilities of other sensors, thereby enabling autonomous driving in a growing number of scenarios.
These recent successes, along with other tenders won in 2023, underscore u-blox's leading role in shaping autonomous mobility U-blox expects its GNSS positioning solutions to have a deployment rate of over 32% by 2030, compared to 10% in 2023. "We are proud and encouraged by the value we create with our innovations," said CEO Stephan Zizala. ce/mm
U-blox secured a record number of automotive projects in 2023. Image: euro_papa/Pixabay
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Last year, a record-breaking 43 spin-offs were established at ETH Zurich. Particularly, a significant number of startups emerged in the fields of artificial intelligence and biotechnology. Furthermore, an increasing number of ETH spin-offs are being founded by women.
The establishment of 43 new ventures marks an exceptionally high figure, showcasing ETH Zurich's outstanding performance in the European comparison. One research domain that ETH is actively expanding, reflected in these startup initiatives, is artificial intelligence (AI). Among the 43 spin-offs, twelve have a clear connection to AI. For instance, Quazel, an app leveraging AI for language learning. With the assistance of an AI agent, learners can engage in conversations on various topics while the AI dynamically responds to everything that is said. Another example is the young team at BreezeLabs, utilizing AI software. This software measures respiratory rate through the built-in microphone in standard headphones, enabling personalized and targeted training recommendations during physical activity. In addition to AI, ETH has a strong tradition in biotechnology and pharmaceuticals, which represents the largest proportion of newly established spin-offs in 2023. An example is the biotech spin-off ATLyphe. Their goal is to replace chemotherapy with antibody-based therapies to potentially make hematopoietic stem cell transplantation safer and more effective.
The proportion of female founders among ETH spin-offs has increased compared to the previous year. In concrete terms, this means that in 2023, eleven companies were co-founded by women at ETH. Vanessa Wood, Vice President for Knowledge Transfer and Corporate Relations at ETH Zurich, is pleased with this development: "The fact that we can increasingly inspire women to become entrepreneurs not only personally fills me with joy but is also important for the Swiss economy and society." A concrete example of this is the spin-off apheros. CEO Julia Carpenter and her team have invented novel metal foams with cooling properties. Since cooling electronic devices often consumes a lot of energy, apheros' foams offer an efficient cooling solution with their large surface area and high conductivity.
It was also a remarkable year in terms of grants received by ETH spin-offs. In 2023, a total of 47 million Swiss Francs flowed into ETH spin-offs without diluting the existing stakes of current owners. Additionally, several significant investment rounds took place. For instance, the spin-off GetYourGuide, an online platform for travel activities, concluded a new financing round of over 70 million Swiss Francs. The spin-off ANYbotics, which offers autonomous robots for inspections, received 50 million Swiss Francs. Similarly, two drone technology companies, Verity and Wingtra, benefited from funding. Verity secured 40 million Swiss Francs for their self-flying inventory drones, while Wingtra received 20 million Swiss Francs for their drones used in cartographic and geodetic applications. Memo Therapeutics, a biotechnology company, successfully completed a financing round of 25 million Swiss Francs for research on therapeutic antibodies for the treatment of infectious diseases.
Since 1973, 583 spin-offs have been established at ETH Zurich. A list of all spin-offs can be found here; information on acquisitions and IPOs of ETH spin-offs can be found here. Recognized ETH spin-offs are supported by the ETH Office of Knowledge Transfer and Corporate Relations at their inception and in the often crucial subsequent years through consultation, licensing of ETH technologies, and networking.
A comprehensive analysis by the University of St. Gallen in 2020 found that ETH spin-offs are more efficient, create more jobs, and are more frequently acquired than the average Swiss startup.
Treeless Pack is one of the ETH spin-offs founded in 2023. Pictured here are the two co-founders, Patrycja Kucharczyk and Adam Aleksander Korczak. (Image: ETH Zurich / Nicole Davidson)
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Schlieren ZH – LimmaTech Biologics has raised a further 3 million dollars in a Series A financing round. The investor is the Australian company Tenmile. This brings the total revenue in this round to 40 million.
LimmaTech Biologics has raised a further 3 million dollars in its Series A financing round from Australian healthcare investor Tenmile, according to a press release. This brings the total revenue in this round to 40 million. In October, the Schlieren-based company received 37 million dollars. It came from Adjuvant Capital, AXA IM Alts and the Novo Holdings REPAIR Impact Fund.
With this funding the biotech company wants to accelerate the development of preclinical and clinical vaccines against increasingly dangerous bacterial infections. These include programs against shigellosis (bacterial dysentery) and gonorrhea.
LimmaTech wants to "develop the most effective, disease-specific vaccines to combat serious pathogens that are increasingly resistant to antibiotics," Franz-Werner Haas, Chief Executive Officer of LimmaTech, is quoted as saying.
"LimmaTech's innovative approach and proven track record in vaccine development aligns perfectly with our commitment to advancing healthcare technology and addressing unmet medical needs," said Steve Burnell, Managing Director at Tenmile, based in Perth, Australia. He is "confident that we can support the company's vaccine development through our global network and contribute to a profound change in the way we deal with infectious diseases."
The Series A is the first venture-funded financing round for LimmaTech since the spin-off from GlycoVaxyn, the predecessor company that was acquired by GSK in 2015. The company is based in the Bio-Technopark Schlieren-Zurich. ce/gba
LimmaTech Biologics Raises an Additional $3 Million in Funding Round. Symbolic Image: Sansiona/Pixabay
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Winterthur – Around 87 percent of Winterthur companies have expressed their satisfaction with the business location in a survey for 2023. That was roughly the same number as last year. However, the answers also show that the positioning of the economic region is unclear for many.
The corporate survey 2023 conducted by the Economic and Business Development Division of House of Winterthur has primarily revealed that approximately 87 percent of respondents are rather satisfied, satisfied, or very satisfied with their business location in Winterthur . That is 0.3 percent higher than in the previous year. 204 individuals participated in the online survey between November 16 and December 16, with 76 percent of them being members of executive boards.
Compared to 2022, the shortage of skilled workers has shifted from being the top challenge to the second most significant concern for the upcoming year, mentioned by 14.1 percent of respondents. The top position is now occupied by price pressure (14.9 percent). Following that, the order situation, the traffic situation, and political regulations are among the most frequently mentioned issues.
A total of 37.6 percent of the respondents reported either no change or an increase in revenue development for 2023 compared to the previous year. 30.2 percent expect a rather positive and 42 percent a positive business development for the current year. For the number of employees, approximately 61.4 percent expect no changes, similar to the previous year. 31.3 percent want to hire new staff.
The willingness to invest has changed significantly: 51.7% of companies are planning to invest in the new calendar year. In 2021, this figure was only 22.9%.
For the current survey, the House of Winterthur focused its theme on the positioning of the economic region. According to Sven Corus, Head of Business, the results show that 60 percent feel that this is unclear: "We are therefore currently working on a positioning study together with the city of Winterthur". ce/mm
The globally operating spinning machine manufacturer, Rieter, is headquartered in Winterthur. Image: Rieter
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Zurich – Sevensense Robotics is now 100 percent part of ABB. Sevensense’s autonomous mobile robots, with their proprietary 3D image processing, are designed to complement ABB’s offerings to create a working environment in the automotive and logistics industries by supporting people.
ABB strengthens its position with the Zurich-based company Sevensense Robotics, founded in 2018. The energy and automation group had already invested an undisclosed amount in the spin-off of the Swiss Federal Institute of Technology in Zurich in November 2021 as part of an "innovation partnership". This now complete acquisition underlines ABB's "strategic investment focus on innovative AI solutions that are transforming industries such as logistics and manufacturing," according to a recent ABB press release.
Last year, the Group announced that it was equipping its autonomous mobile robots (AMR) with Visual SLAM technology from Sevensense. The company combines this 3D vision navigation technology with artificial intelligence. Using cameras mounted on the AMR, 3D maps of all objects in the vicinity are continuously created in real time and shared immediately with the entire fleet.
The technology can distinguish between fixed and moving objects such as people. This allows the robot to adapt dynamically to environments in which people work, for example in the automotive and logistics sectors. According to ABB, this "revolutionary technology" has the potential to change robotics far beyond AMR. It will continue to be marketed in various segments such as material handling, building cleaning and other areas of service robotics under the product name Sevensense.
According to Sevensense CEO Gregory Hitz, this is a significant moment because "we can now introduce our self-developed technology in numerous markets and sectors". He describes ABB as "the ideal home to further scale our diverse platform for 3D vision autonomy". ce/mm
The Zurich-based robotics company Sevensense will be part of ABB in future; the picture shows ABB's headquarters in Zurich-Oerlikon. Picture: ABB/Jakob and Bertschi - Severin Jakob - Markus Bertschi
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The ETH spin-off Scandens reports a successful first financial year since the market launch of its restructuring planning software in June 2023. The software is already having a significant impact on the Swiss real estate industry. Planning offices, architects, real estate companies, insurance companies, pension funds and housing cooperatives have used the software to optimize 274 properties in terms of costs and CO2. This will lead to estimated savings of CHF 42 million and 116,500 tons of CO2 over the next 25 years.
The web-based software solution developed by Scandens combines artificial intelligence with building modeling and life cycle costing. This enables energy consultants and building owners to plan their refurbishment projects quickly and comprehensively. The automated process includes data acquisition, feasibility checks, component planning and component design, as well as profitability and CO2-accounting, incl. gray emissions.
Satisfied customers and big savings
In the first 7 months since the market launch, housing cooperatives, planning offices, real estate companies, architects and insurance companies have analyzed and optimized 274 properties via Scandens. Over the next 25 years, customers will save an estimated CHF 42 million and 116,500 tons of CO2.
Chris Steffen, energy transition engineer at the consulting firm dieProjektfabrik, has been using Scandens for three months: "One address, a few clicks and a check from my side - and a comprehensive renovation plan is ready. It covers the legal requirements, is aligned with the current reporting standards and even shows the technical feasibility, costs and subsidies. Scandens is the ideal software solution for our "ImmoStrat" consulting product and saves our team at least 3 hours of work per building on average."
Relevance of decarbonization in the building sector
With a share of 26% of direct CO2-emissions in Switzerland, the building sector plays a central role in the climate debate. Optimizations in existing buildings have the greatest leverage. "The current renovation rate of 1% is not enough to achieve the net zero target. With our software, we want to give decision-makers the tools they need to plan refurbishments more efficiently and cost-effectively - and thus increase the refurbishment rate," says Diego Sigrist, co-founder of Scandens.
About Scandens
Scandens, an ETH spin-off based in Zurich, offers a web-based software solution that optimizes the renovation process for energy consultants and institutional building owners. Supported by the Migros Pioneer Fund, Scandens aims to make energy-efficient building renovations simpler and more cost-effective. This is accelerating the transition to a more sustainable building sector in Switzerland.
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For her doctoral project at ETH Zurich, Sabrina Badir developed a device that determines the risk of premature birth. Today she is the CEO of spin-off Pregnolia, and her certified measuring device is being used in more than 20 clinics and medical practices.
“I became an entrepreneur almost by chance,” says Sabrina Badir, a biomechanics engineer and founder and CEO of ETH spin-off Pregnolia. Badir completed both her undergraduate and postgraduate studies at ETH Zurich. For her doctoral project, she developed a prototype of a device that accurately measures cervical stiffness in pregnancy. This helps gynaecologists to determine the risk of premature birth.
Having completed her doctoral studies, she was keen to continue her research project but unsure which path to follow – until a trainer on a project-management course suggested she set up her own company. Inspired by this idea, Badir applied for a Pioneer Fellowship at ETH, which gave her the skills she needed to translate the results of her research into a marketable product. “The Fellowship programme gave me the courage and confidence to dip my toes into the world of entrepreneurship and, ultimately, to set up my own company,” she says. Not long after, she attended a start-up speed dating event at ETH. There, she met bioengineer Francisco Delgado – and the two of them proved to be a perfect match. They became business partners in 2016 and founded the start-up Pregnolia. Four years later, they were granted CE certification for their measuring device, allowing it to be sold in Switzerland and throughout the EU. The first clinic to offer the Pregnolia system as part of its routine care was the gynaecology practice Gynhealth. Since then, it has been adopted by over 20 Swiss clinics and medical practices.
During her doctoral studies, Badir built up a close collaboration with the University Hospital Zurich. Today, she works with national and international experts in clinical research, using innovative technology to improve pregnancy care. Pregnolia intends to develop further applications for gynaecologists that will be useful at various stages of pregnancy, and Badir has ambitious plans for the future: “My vision is that one day every doctor’s surgery will have a Pregnolia system alongside its ultrasound machine.”
This text appeared in the 23/04 issue of the ETH magazine Globe.
“Every doctor’s surgery should have a Pregnolia system,” says Sabrina Badir. The gynaecology practice Gynhealth was the first clinic to offer her measuring device as part of its routine care. (Photograph: ETH Zurich / Markus Bertschi)
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Zurich/Basel – Evoleen, the Zurich-based incubator for innovative start-ups in the digital healthcare sector, is investing in docjo as a co-founder. Marcel Wüthrich from Evoleen joins the Board of Directors of the start-up company. It offers digital solutions for several of the most common chronic diseases.
Evoleen is a new co-founder of docjo. This has now been announced by the spin-off of the internationally award-winning Swiss-Israeli digital health platform provider docdok.health. Docjo is based at the Novartis Campus of the Switzerland Innovation Park Basel Area.
Marcel Wüthrich, CBDO and CCO of Evoleen, joins the docjo founding team as CBDO and takes a seat on the Board of Directors. In addition to Wüthrich, CEO Dr. Ulrich Mühlner and CMO Dr. Yves Nordmann are among the founders. Mühlner is the initiator of docdok.health as well as its director and head of strategy. Nordmann is a Swiss-Israeli serial entrepreneur who has already founded three digital health companies: WellDoc in the USA, Oviva headquartered in Zurich and E-Medicus from Basel.
Docjo is a so-called software-as-medical-device company. It takes a platform and portfolio approach with a pipeline of digital solutions for several of the most common chronic diseases. Two apps from docjo are already CE-certified, one for prediabetes and one for asthma. According to the information provided, they are currently being prepared for market entry.
"We were looking for a co-shaper, technology and go-to-market partner," says docjo CEO Ulrich Mühlner, who is "used to working in a highly regulated environment while still being agile. With Evoleen, we have found all of this in a single company, which is very rare." ce/mm
Marcel Wüthrich, CBDO and CCO of Evoleen, joins the docjo founding team as CBDO and represents Evoleen on the Board of Directors. Picture: Marcel Wüthrich
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After just over two months, over 130 Swiss agencies have registered on the Limmat Valley agency search platform Kampadre. The rapid growth underlines the efficiency of the search function, which creates a shortlist in just a few seconds and has already helped over 700 searchers. In order to deliver precise results at this speed, Kampadre relies on artificial intelligence (AI).
This approach is in stark contrast to conventional agency search methods, which are primarily based on agency lists, Google or existing contacts.
"You wouldn't expect it, but unfortunately none of these methods are effective: around 60% of all clients are dissatisfied with the work of their agencies or freelancers," says Raphael Aebersold, initiator of Kampadre.
Anyone who now believes that only the clients are fighting with unsuitable partners is mistaken. Agencies also report that the search for suitable new customers is one of the biggest challenges in acquisition.
A solution to the problem must therefore take into account the interests of both sides and combine the best of each search method under one roof.
Kampadre has recognized the challenge and offers with its intelligent agency directory a platform that, thanks to AI, makes matching easier for both agencies and clients and increases the quality of the results.
Specifically, the following aspects speak in favor of an agency search with Kampadre:
Kampadre's mission is clear: to significantly increase the availability of high-quality marketing services, and the intelligent agency directory is the first step in this direction.
Further services are planned for the future, such as the option to book certain services directly or an expert chat for immediate, qualified answers to all marketing-related questions.
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Schlieren – Fixposition and Position Partners are now working together in Australia and New Zealand. This should improve positioning control for autonomous devices, such as field robots.
Fixposition, a Schlieren-based startup specializing in precision navigation systems, has agreed to collaborate with positioning specialist Position Partners in Australia and New Zealand, according to a media release. This is how field robotics will be improved together, even where there are poor data connections. Automation by means of field robotics enables acquisition of sensor data and corresponding device control.
Position Partners, based in Bundoora near Melbourne, supports construction, infrastructure, mining, agriculture and related applications where highly accurate Global Navigation Satellite System (GNSS) positioning is required, the release said. The agreement with Fixposition will enable customers in Australia and New Zealand to improve positioning accuracy, even when the signal is obstructed, he said.
Fixposition AG contributes its high-precision positioning technology xFusion to the project. This integrates image processing and provides highly accurate position and orientation information independent of GNSS availability.
«Our early access program for xFusion Cloud will enable our mutual customers to improve application positioning capabilities and reduce the impact of GNSS signal interference on performance,» Lukas Meier, co-founder and CTO of Fixposition, is quoted as saying.
A case study on field robotics will be presented at IGNSS 2024 (International Global Navigation Satellite Systems Association) in February 2024 in Australia.
Fixposition is a spin-off from the Swiss Federal Institute of Technology Zurich(ETH) located in the Innovation and Young Entrepreneur Center(IJZ) in Schlieren and is a member of Start Smart Schlieren. ce/gba
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Thalwil – Infineon Technologies has acquired 3db Access AG. The German semiconductor group intends to further expand the strategic partnership that the pioneer of ultra-broadband technology has with the Swiss Federal Institute of Technology.
Der Münchner Halbleiterkonzern Infineon hat 100 Prozent der Anteile des Ultrabreitband (Ultra Wideband, UWB)-Pioniers 3db Access aus Thalwil erworben. Die Ausgründung aus der Eidgenössischen Technischen Hochschule Zürich (ETH) ist bereits heute laut einer Medienmitteilung von Infineon bevorzugter IP-Anbieter für führende Automobilhersteller.
„Die Erfahrung von 3db in der Ultra-Wideband-Technologie beschleunigt unsere IoT-Roadmap, mit der wir das Marktpotenzial bei gesicherten, vernetzten Geräten erschliessen werden“, wird Thomas Rosteck, Präsident der Infineon-Division Connected Secure Systems, zitiert. „Unsere beiderseitigen Stärken ermöglichen den UWB-Rollout, der im nächsten Schritt weitere Automobil-, Industrie- und Verbraucher-IoT-Anwendungen umfassen wird.“
3db-CEO und -Mitgründer Boris Danev formuliert als Ziel, „die entscheidenden Stärken dieser Technologie gleichermassen für Smartphones wie für Autos nutzbar zu machen“. Als Teil von Infineon „sehen wir es als unsere Mission, das Angebot an gesicherten Lokalisierungs- und Sensorlösungen für wichtige IoT- und Automobilanwendungen deutlich zu erweitern. Von einem reinen IP-Anbieter entwickeln wir uns nun zu einem Team von Experten, die Lösungen aus der eigenen Fertigung anbieten.“
Infineon ist vom Mehrwert des gemeinsamen Erfahrungsschatzes hinsichtlich Forschung und Entwicklung (F&E) überzeugt und wirft seine 59 F&E-Standorte weltweit und seine diesbezügliche Investition von 13 Prozent seines jährlichen Umsatzes in die Waagschale. Die strategische Forschungspartnerschaft mit der ETH, die 3db mitbringt, will der Konzern weiter ausbauen „und den gemeinsamen Einsatz in den massgeblichen Gremien zur Standardisierung im Bereich gesicherte Lokalisierung und Sensorik intensivieren“. ce/mm
Der Halbleiterkonzern Infineon hat den Ultrabreitband-Pionier 3db Access aus Thalwil ZH übernommen. Symbolbild: Gerd Altmann/Pixabay
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Au ZH/Schlieren ZH/Basel – The Strüngmann Award for revolutionary technologies in the life science sector in the DACH region will go to a Swiss company in 2025. The nominees are Araris in Au, NovaGo in Schlieren and Tolremo in Basel.
(CONNECT) Three companies from Switzerland have been nominated for the Strüngmann Award, which is being presented for the second time this year. The award was established in 2024 to honor outstanding entrepreneurs who establish revolutionary technologies in the life science sector in the DACH region. According to the press release, the nominees are Araris Biotech from Au, NovaGo Therapeutics in Schlieren and TOLREMO therapeutics based in Basel. The winning team will be announced on July 3 and will receive prize money of 100,000 euros.
The founding team of Araris Biotech was nominated. The spin-off from the Paul Scherrer Institute (PSI) is developing a new generation of drugs that could revolutionize the concept of targeted cancer therapy and could also be used in other medical fields in the future. The nominees are CEO Dragan Grabulovski, CSO Philipp Spycher and CTO Isabella Attinger-Toller.
At NovaGo Therapeutics, a member of the Bio-Technopark Schlieren-Zurich, Professor Martin E. Schwab was nominated. The neuroscientist is CSO and co-founded the company in 2015. The biotech company specializes in antibody-based therapies for the regeneration of nerves and blood vessels. The company's main program focuses on the treatment of acute spinal cord injuries.
Stefanie Flückiger-Mangual is the founder and CEO of TOLREMO therapeutics in Basel. The company is pursuing a comprehensive new approach to overcoming resistance to cancer drugs.
“We are convinced of the exceptional talent in the life science industry in the DACH region and would like to use this award to highlight and promote both innovative ideas and their successful implementation,” Andreas and Thomas Strüngmann are quoted as saying. ce/gba
Three Swiss companies, Araris Biotech, NovaGo Therapeutics and TOLREMO therapeutics, have been nominated for the Strüngmann Award 2025. Symbolic image: National Cancer Institute/Unsplash
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The labor shortage is a concern for many sectors – at the same time, promising potential often remains untapped. Refugees bring qualifications, motivation and new perspectives with them. How can they be integrated into everyday working life? What has proven itself in practice? And what challenges need to be overcome?
Find out first-hand how other employers successfully integrate refugees into their teams and what added value this creates. Join in the discussion, exchange views, share your ideas, concerns and experiences.
Panel with: Marianne Hopsch (ROBIJ), Manuel Lohm (IKEA), Michel Péclard (Pumpstation) and Jan Schibli (Schibli Group).
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Zurich – The ESA Business Incubation Centre Switzerland (ESA BIC CH) has added five new start-ups to its funding program for space technology: DNAir, RoBoa, Gamma Earth, a-metal and Niatsu. They deal with robotics, additive manufacturing and environmental intelligence.
(CONNECT) The journey in the ESA BIC CH support program has begun for five Swiss start-ups: DNAir, RoBoa, Gamma Earth, a-metal and Niatsu. ESA BIC CH is supported by the European Space Agency (ESA) and the Swiss Federal Institute of Technology in Zurich(ETH). "This group brings together a large number of different start-ups that are tackling challenges in robotics, additive manufacturing and environmental intelligence," reads a statement from ESA BIC CH. "We look forward to supporting them with resources, advice and a collaborative community."
DNAir from Wangen-Brüttisellen ZH has developed and patented sensors that collect eDNA from the air 100 meters above the ground. Converted into meaningful data, they provide information on biodiversity, detect pathogens, contribute to the optimization of agricultural practices or to resilient urban planning and strengthen biosecurity.
RoBoa, a spin-off from ETH Zurich, produces a snake-like autonomous robot that can maneuver through tight spaces where no human, no other robot and no drone can move. Thanks to its modular design, the RoBoa can be adapted to various applications in industry and rescue operations.
Gamma Earth from Saint-Prex VD offers artificial intelligence solutions for earth observation and remote sensing with ten times the super resolution for multispectral and hyperspectral satellite image data. Areas of application include cloud detection and removal, atmospheric corrections and the classification of land use and land cover.
A-metal has developed a cost-effective, compact and safe machine for entry-level metal 3D printing. It combines an innovative cartridge system for the safe handling of powder, which does not require a laboratory environment. "We want to make additive metal part production accessible to the wider industry," says the company based in Technopark Zurich.
Niatsu, also from Zurich, provides the food industry with a tool that calculates emissions along the production and supply chains for their products. Thanks to the recently granted access to ESA earth observation data, Niatsu can record agricultural cultivation processes and transportation routes much more precisely. ce/mm
The ESA Business Incubation Centre Switzerland has accepted five new start-ups into its space technology support programme; pictured is the Aletsch Glacier, photographed by the Copernicus Sentinel-2 mission in December 2024. Image: ESA
Initiatives
Perspectives – Skilled workers from Tunisia for Swiss SMEs
Perspectives brings qualified young talent from Tunisia to Swiss SMEs for up to 18 months – without quotas or registration requirements. Swisscontact provides support with recruitment, visas and integration. Objective: to bridge the shortage of skilled workers, exchange knowledge.
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Swisscontact’s Perspectives program enables qualified young professionals with a university degree from Tunisia to work in Swiss companies for up to 18 months. In this way, companies can easily benefit from urgently needed specialists, e.g. in IT, technology, the hotel industry or architecture.
The shortage of qualified specialists poses major challenges for many Swiss companies. The Perspectives program, initiated by Swisscontact in cooperation with the Swiss Agency for Development and Cooperation (SDC) and the State Secretariat for Migration (SEM), offers an innovative solution: It enables young, well-trained professionals from Tunisia to gain work experience in Switzerland for up to 18 months - without cantonal quotas or job registration requirements.
The offer is aimed at university graduates or people with at least two years of vocational training aged between 18 and 35. The so-called L permits are issued directly by the SEM and apply to all sectors - from engineering and architecture to IT. Swisscontact supports Swiss companies in the selection of suitable candidates and accompanies them through the entire process: from recruitment and visa application to arrival and integration in Switzerland.
Perspectives offers real added value to companies that have difficulty finding suitable specialists, for example. The young talents not only bring up-to-date know-how with them, but also enrich the companies with their intercultural skills and high motivation.
The program currently runs until 2026 with the option to extend. Since its launch, around 200 young Tunisians have already gained valuable work experience in Switzerland - a win-win situation for both sides.
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MoreThanDigital Insights: First comprehensive diagnostic platform for companies before official launch
MoreThanDigital has won the prestigious Next Generation Internet (NGI) Award from the European Union. The award-winning "MoreThanDigital Insights" platform has been successfully tested as the first comprehensive diagnostic platform for companies and is now about to be officially launched.
In June, MoreThanDigital will present the innovative solution to representatives of the State Secretariat for Education, Research and Innovation (SERI) and the EU Commission at the NGI conference. The platform revolutionizes data-driven business development by analyzing companies in up to 1,400 dimensions to identify strategic weaknesses and opportunities.
However, AI technology goes far beyond company analysis: when applied widely, it can measure the economic health of entire regions, identify structural weaknesses and, for the first time, enable precise economic impact measurement.
The interest in the platform is overwhelming: more than 300 partners, organizations, ministries and associations have already officially expressed their interest. After the current beta phase with 50 partners, the public launch is planned before the Davos conference.
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Küsnacht ZH – The start-up Scalera has secured 6.5 million dollars in a financing round. The specialist for software supported by artificial intelligence for construction tenders intends to use the fresh capital to develop its platform and expand into Germany and Austria.
(CONNECT) The Küsnacht-based start-up RA Scale AG (Scalera) has secured fresh capital of 6.5 million dollars in a seed financing round. According to an announcement on Linkedin, the financing round was led by firstminute capital and Speedinvest. A group of angel investors was also involved.
Scalera, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), develops software for construction tenders. The company offers SaaS solutions (Software as a Service) supported by artificial intelligence, which are designed to reduce the bureaucratic effort involved in tendering procedures for building applications. Construction companies can reduce their time and costs after applying these modules. The entire process along the construction supply chain should become more transparent with the program.
Scalera intends to use the fresh capital to optimize its platform and drive forward its expansion into Germany and Austria. ce/ww
Scalera aims to simplify construction tenders with its AI-powered software. Symbolic image: Pexels/Yury Kim
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Zurich – New Orchard has been nominated for the Green Product Award 2025. The Zurich-based fashion company produces sustainable items from vegan and alternative fabrics. The company is actively committed to animal welfare.
(CONNECT) Zurich-based fashion company The New Orchard GmbH has been nominated for the Green Product Award 2025, as detailed in a company press release. The award ceremony will take place on May 15 during a gala in Berlin.
The nomination focuses on the fashion label's vegan shoes and boots. Their design is created in Italy, just as the production takes place in craft businesses in the Italian region of Marche. The boots produced for the cold season are currently available in three different sizes and six color combinations.
In addition to shoe production, New Orchard also produces vegan shirts and accessories. The fashion label works closely with Zurich Fashion Week. In addition to fashion design, it is particularly committed to animal welfare. For example, 10 percent of the sales proceeds are donated to animal adoptions. ce/ww
New Orchard has been nominated for the Green Product Award 2025 for its vegan and alternative products. Image: zVg/ The New Orchard GmbH
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Schlieren ZH/Lausanne – Lightium has won the Prix Strategis 2025. The start-up develops photonic chips for telecommunications and artificial intelligence. The Strategis Prize is awarded by HEC Espace Entreprise in Lausanne.
(CONNECT) Lightium, a start-up specializing in photonic integrated circuits, has won the Prix Strategis, which was awarded for the 32nd time this year. Lightium, based in the Bio-Technopark Schlieren-Zurich, develops photonic chips for telecommunications and artificial intelligence that combine processing speed and energy efficiency. The start-up came out on top among almost 100 candidates from all over Switzerland. The prize is endowed with 40,000 Swiss francs.
"This award means much more to us than just the prize money," says Lightium in a message on LinkedIn. "As a young startup, visibility is important, especially here in Switzerland where we are growing fast and hiring even faster. Participating in the Prix Strategis was a chance to introduce Lightium to the next generation of brilliant minds."
Founded in 2023, the company is developing a proprietary thin-film lithium niobate (TFLN) platform. By offering production-quality PIC foundry services, the start-up enables photonics device manufacturers to streamline production, reduce costs and scale seamlessly. TFLN, a material similar to glass, significantly improves data transfer rates and reduces power consumption at the same time.
The Strategis Prize is organized each year by the HEC Espace Entreprise student association at the Faculty of Economics of the University of Lausanne. Since its foundation in 1993, the Strategis Prize has established itself as a benchmark in the Swiss corporate landscape and honors the country's most promising start-ups every year, according to HEC. ce/gba
The Lightium team can celebrate winning the Prix Strategis 2025. Image: Lightium
News
Zurich – Muuvr has received CHF 4 million in pre-Series A financing. A quarter of the funds raised came from new investors. The Zurich-based start-up has developed an app that motivates people to exercise more and lead a healthy lifestyle.
(CONNECT) Muuvr Labs AG has raised a total of CHF 4 million from existing and new investors in a pre-Series A financing. Specifically, eight new investors were acquired, who contributed 25 percent of the total volume, the Zurich-based start-up informs in a post on LinkedIn. According to him, Muuvr is about to launch version 2.0 of its app of the same name, which is designed to encourage people to exercise more and lead a healthy lifestyle.
"Closing the financing round with this result so shortly before the launch of MUUVR 2.0 is of course the biggest motivation boost and gives us exactly the tailwind we need for the launch of the new app," Muuvr CPO Björn Vogler is quoted as saying in the short presentation on the financing round published in the article. Founder Michael Hartweg emphasizes the support from the company's existing investors. "This trust is now an incentive and motivation for us to convince many people in the DACH region of MUUVR in the coming months," says Hartweg. ce/hs
Muuvr aims to motivate people to exercise regularly and lead a healthy lifestyle. Image: Muuvr Labs AG
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Zurich/Long Beach – Beyond Gravity integrates Rocket Lab’s flight software and ground data and space operations platform into its onboard computer for multi-satellite constellations. This pre-integrated combination shortens the time to launch for customers.
(CONNECT) Beyond Gravity from Zurich and the Californian company Rocket Lab Space Systems have entered into a partnership, according to a press release. Its aim is to offer future customers pre-integrated avionics and flight software for the so-called constellation market. This market for commercial satellite constellations refers to the use of several interconnected satellites. It can be used to offer various services such as global communication, earth observation, navigation and space-based applications.
The specific offering from the two partners combines off-the-shelf satellite platform products designed for payload connectivity: Beyond Gravity's Constellation on-board computer, MAX Constellation full-stack flight software and Rocket Lab's InterMission software suites.
"With more than 300 units of our Constellation On Board Computer sold, we have set a standard for satellite computers for constellations," says Oliver Grassmann, Executive Vice President Satellites at international space supplier Beyond Gravity. "The partnership with Rocket Lab enables the use of their leading flight software on our computer and provides our customers with an integrated, flight-ready avionics and ground operations package."
The collaboration between the two companies optimizes the interfaces between payloads, explains Rocket Labs Vice President Brad Clevenger: "This partnership ensures that our satellite platform products are off-the-shelf and optimized for peak performance and reliability so that customers can reliably achieve their mission objectives." ce/mm
Beyond Gravity and Rocket Lab Space Systems will offer pre-integrated avionics and flight software for the commercial satellite constellation market in the future. Image: Beyond Gravity
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Zurich/Singapore – Tenity from Zurich and GFTN from Singapore want to support the sovereignty of the European fintech industry and global expansion opportunities for start-ups through their cooperation. In addition, public-private cooperation in Europe, Asia and the Middle East is to be intensified.
(CONNECT) Tenity and the Global Finance and Technology Network (GFTN) have agreed to cooperate. In their declaration of intent, they formulated the common goal of supporting the sovereignty of the European fintech industry, promoting global expansion opportunities for start-ups and deepening public-private cooperation in Europe, Asia and the Middle East.
According to a press release from Tenity, this strategic partnership lays the foundation for a more intensive exchange between fintech ecosystems. It combines "Tenity's expertise in accelerating start-ups and building ecosystems with GFTN's mission to serve as a trusted platform to align innovation and regulation, accelerate financial inclusion and drive the development of inclusive, digital and sustainable financial systems".
GFTN was founded by theMonetary Authority of Singapore. The non-profit network is reportedly the driving force behind global platforms such as the Singapore FinTech Festival, the Swiss Point Zero Forum, GFTN Tokyo and the Inclusive Fintech Forum in Rwanda's capital Kigali. "This partnership reflects our belief that Europe plays a crucial role in shaping the global fintech landscape," GFTN Group CEO Sopnendu Mohanty is quoted as saying.
Tenity has six centers for financial innovation, claims to be active in 15 countries, works with 65 corporate partners and has supported over 1600 start-ups with its programs. Tenity's CEO Andreas Iten says: "Fintech does not grow in silos. It thrives through partnerships, political coordination and shared infrastructure. This Memorandum of Understanding is about building these bridges - between founders and regulators, Europe and Asia, ambition and action." ce/mm
Tenity and GFTN are working together to support the sovereignty of the European fintech industry and global expansion opportunities for start-ups. Symbolic image: Pexels/Alesia Kozik
News
Rolf Stutz AG and PostBus AG open Switzerland’s first fully electrified Postbus garage in Affoltern am Albis.
The electric postbus hall in Affoltern am Albis is officially opened on March 28. It is fully geared towards electromobility and deliberately lacks any refueling facilities for diesel fuel. Instead, there are charging stations where electric Postbuses can be charged within a few hours. The hall has space for 26 articulated buses.
Around 1000 solar modules were installed on the roof, providing a good 400 kilowatt peak of power. Battery storage has been avoided for the time being for cost reasons, but everything has been prepared for possible storage at a later date.
For washing the buses, there is an internal wastewater treatment plant so that the water can be washed several times, as well as a 36,000-liter rainwater tank for the final rinse.
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Zurich/Amsterdam – The Dutch Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa) has supported two crowdfunding campaigns of MPower Ventures AG with 1.1 million euros. The Zurich-based climate fintech company raised a total of almost 2.5 million euros.
(CONNECT) MPower Ventures AG has received EUR 1.1 million from CEI Africa. According to its announcement, the Amsterdam-based foundation is increasing the fresh capital by EUR 1.1 million together with the crowdfunding platforms Klimja and Republic through a combination of equity and subordinated loans. In total, the campaign raised 795,000 euros on one platform and 1.7 million euros on the other, including investments from angel investors.
MPower is a Zurich-based climate fintech company that distributes small and medium-sized reliable and off-grid solar solutions for households and businesses in the seven African countries of Zambia, Cameroon, Togo, Ghana, Namibia, Botswana and Zimbabwe. At the same time, MPower provides knowledge, software and financing solutions to its network of solar installers, distributors and key accounts. The company, which was founded in 2017, has reportedly already sold 50,000 solar products and devices.
With the fresh capital, the company is now focusing on its growth throughout Western and Southern Africa. This will enable "MPower to step up its efforts to promote sustainable energy where it is needed most," says CEI Africa board member Steven Evers.
"We at MPower are convinced that solar energy in combination with financing solutions is one of the most effective ways to drive economic development in sub-Saharan Africa and combat energy poverty," Mpower co-founder and CEO Manuel Seiffe is quoted as saying. "There is no doubt that the complementary funding from CEI Africa has mobilized additional funds for MPower - critical to our growth and expansion plans." ce/mm
There is plenty of sunshine in Africa, and MPower is helping to utilise it for local electricity production with its solutions; sunrise in Kenya. Symbol image: Needpix
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Zurich – Straintest has won two major customers for pilot projects: SBB and, most recently, the Swiss Federal Office of Defense armasuisse. The start-up, which is only seven months old, uses photos to record and measure even the finest hairline cracks on facades or infrastructure buildings and creates automated reports.
(CONNECT) Straintest counts the first major companies among its customers: SBB and, more recently, the Swiss Federal Office of Defense armasuisse. According to a report by startupticker.ch, they are working on pilot projects with the Zurich-based start-up, which was founded in August 2024, to find out how they can benefit from its technology for easily measuring and monitoring cracks in facades and infrastructure structures such as bridges.
Unlike time and energy-intensive sensor methods, Straintest only requires a photo that can also be taken with a smartphone camera. A metal plate is attached to the left and right of the crack as a reference point. The images are uploaded to the Straintest platform. The software records and measures even the finest hairline cracks and automatically issues a report.
"Our solution is particularly suitable for short deployments, for example on houses next to a construction site, or for monitoring over a longer period of time when only a few data points - such as once a month - are required," Straintest co-founder Matteo Pariset is quoted as saying in the report. In such cases, it may be worthwhile dispensing with sensor methods that are more complex to install and require a constant power supply and battery replacement. The proptech start-up, which has so far been financed exclusively from its own funds, now wants to acquire suitable sales partners and then concentrate more on further developing the product. ce/mm
Straintest technology is used to monitor cracks in façades and infrastructure structures such as bridges. Symbolic image: SBB CFF FFS
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Zurich/Austin – tipi technologies AG has been acquired by its seed investor, the Texan company EngFlow. The Zurich-based start-up’s platform makes developing software using the C and C++ programming languages easier and faster and is used worldwide.
(CONNECT) Tipi technologies has been acquired by EngFlow. According to a press release from both companies, they are combining the advantages of their respective technologies in CMake. This is a cross-platform programming tool for the development and creation of software that has become the de facto standard for code in the C++ programming language. According to co-founder Damien Buhl, Tipi's brand and team will be retained: "We are creating new jobs by hiring additional C++ specialists here in Zurich and worldwide."
EngFlow, based in Austin, Texas, is recognized as a leader in accelerating the software creation or build process. The company was founded by engineers who developed the open source project Bazel.
Founded in 2021, the Zurich-based start-up tipi technologies claims to be developing a compiler-as-a-service based on artificial intelligence that understands the programming languages C and C++ and creates software without scripts "at unprecedented speed". With tipi, developers can test and create instantly across platforms and seamlessly add cloud CPU cores when needed.
By combining their respective technologies, tipi and EngFlow are said to bring "all the benefits of Bazel's remote execution and caching to CMake without having to fundamentally redesign the build system".
EngFlow had led tipi's seed investment round in 2022. The two have since worked together on a CMake Remote Build (CMake RE) execution solution for the C and C++ community. They also recently developed HermeticFetchContent, which, according to EngFlow CEO Helen Altshuler, "makes the CMake RE build functions even more accessible".
All of these new products and functions will be presented at the C++ Meetup in Zurich on March 14, 2025. It will take place from 4 to 9 p.m. in the tipi offices in the Zurich incubator Bluelion. ce/mm
Tipi accelerates software development with its platform. Symbolic image: Pexels.com/Christina Morillo
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Winterthur/Bern/Basel – Early planning of the future IT architecture enables the efficient creation of Digital Product Passports (DPP). This is demonstrated by a pilot project by Burckhardt Compression, GS1 Switzerland and BloqSens. The EU is gradually making such DPPs mandatory for almost all products sold.
(CONNECT) Burckhardt Compression from Winterthur, GS1 Switzerland from Bern and BloqSens from Basel have researched the way to create Digital Product Passports(DPP). According to a press release, the three companies wanted to clarify what the requirements of the DPP regulation are. They also pursued the goal of identifying opportunities for companies and realizing the demo version of a DPP using an exemplary product.
The implementation of an EU regulation, which began in 2024, will gradually require such DPPs for all products sold in the EU. This initiative is part of the Ecodesign Regulation for sustainable products. It aims to increase transparency in the value chains of products by providing comprehensive information on their origin, materials, environmental impact and disposal recommendations. This is intended to close the gap between consumer demand for transparency and the current lack of reliable product data.
DPPs are expected to become mandatory for compressors by 2030 at the latest, as they are considered products that are relevant to energy consumption. The pilot project focused on a compressor valve from Burckhard Compression and examined the impact on IT architecture and data management.
The three partners came to the conclusion that "early planning of the future IT architecture enables an efficient rollout of the future DPP," says BloqSens CEO Peter Krummenacher. The use of established GS1 standards enables a high level of interoperability with other systems. Dominik Halbeisen, Standards Expert Technical Industries at GS1, emphasizes that "open, globally interoperable standards" make it possible to "implement new requirements as quickly as possible and thus have a direct impact". ce/mm
Digital product passports will be mandatory in the EU from 2027. They are also intended to prove the recyclability of products. Image: zVg/BloqSens AG
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Winterthur – The Innosuisse Innovation Booster Applied Circular Sustainability has summarized the insights gained. Over the course of four years, solutions were developed to inspire future innovations and contain recommendations for action for companies, politics and society.
(CONNECT) The consortium of the Innosuisse Innovation Booster Applied Circular Sustainability, which is based at the Zurich University of Applied Sciences, can look back on a successful year: between 2021 and 2024, the booster helped more than 50 Swiss start-ups and established companies to switch from linear to circular business models. Ten main obstacles to a circular economy were identified in 31 workshops with 50 pioneers of the circular economy. They range from regulatory challenges and material innovations to new business models.
Each of these hurdles is named in a summarized report available for download. It then briefly outlines which two to three companies have tackled the respective topic and with what motivation, and how the Innovation Booster has contributed to overcoming the obstacles.
For example, Mammut was involved in the working group "Hurdle 7: Proof of circularity". The aim of the manufacturer of outdoor clothing and sports equipment is to make its climbing ropes 100 percent circular. According to the report, Mammut developed a fundamental understanding in the booster that a strong and competent partner network might be necessary to achieve 100 percent circularity. The booster was therefore tasked with finding a partner for recycling and developing expertise in return logistics.
At the end of the presentation of each hurdle, the brochure summarizes in a hypothesis what is necessary to overcome the respective hurdle. "We hope," reads the introduction to this brochure, "that our insights will provide useful knowledge for current and future circular enthusiasts to realize the transition from linear to circular economy, politics and society in Switzerland." ce/mm
The Innosuisse Innovation Booster Applied Circular Sustainability consortium has been a success. Symbolbild: Yamu_Jay/Pixabay
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Cham ZG/Zurich – The AMAG Group is acquiring Swisscom’s shares in autoSense AG. The new majority shareholder will merge the Zurich-based charging solutions company with the AMAG subsidiary Helion chargeON and integrate it into its Energy & Mobility division.
(CONNECT) The AMAG Group is the new majority shareholder of autoSense AG. The Group, which is primarily active in the automotive trade, has acquired Swisscom 's stake in the Zurich-based company for charging solutions for electric vehicles, AMAG announced in a press release. "With the integration of autoSense, we are significantly optimizing our digital services for corporate and private customers," Martin Everts, Managing Director AMAG Energy & Mobility, is quoted as saying.
AMAG will merge autoSense with the AMAG subsidiary Helion chargeON and integrate it into the AMAG Energy & Mobility division as the autoSense brand. AutoSense founder Jaap Vossen will also manage the company under the umbrella of the AMAG Group as Managing Director. "With this merger, we are consolidating our role as a leading provider in the field of e-mobility solutions," Vossen is quoted as saying in autoSense's own press release on the merger with Helion chargeOn.
The aim of the merger between autoSense and Helion chargeON is to combine the expertise of the two companies and expand the range of charging solutions for the electric vehicles of AMAG's fleet customers. Zurich Switzerland will "actively support" this development as a minority shareholder of autoSense, writes the AMAG Group. ce/hs
Jaap Vossen is the CEO of autoSense AG. Image: obs/AMAG Automobil- und Motoren AG
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Glattbrugg ZH – On February 6, the FRZ Zurich Airport Region established an advisory board for sustainability. It aims to support companies, cities and municipalities in the region in introducing sustainable business models.
(CONNECT) The FRZ Zurich Airport Region is strengthening its commitment to sustainability. It founded a sustainability advisory board on February 6, the business network announced in a press release. "Sustainability is not a trend, but a decisive success factor for companies and society," it says, explaining the background to the decision.
The new advisory board is to act as a "leading competence center" for sustainable innovations in the region. Specifically, its aim is to support companies, cities and municipalities in the introduction of sustainable business models. The aim is to promote best practices and bring together stakeholders from business, science and politics.
The tasks of the new advisory board will also include the presentation of the FRZ Excellence Award. It is awarded annually in recognition of outstanding achievements in ecology, social responsibility and innovation by member companies of the FRZ Zurich Airport Region.
The members of the Sustainability Advisory Board include Mario Angst from the University of Zurich, Willi Gärtner from Planzer, Thomas Meier from the Swiss Safety Center and the former Managing Director of the Greater Zurich Area, Sonja Wollkopf. A total of four women and nine men from business, science and politics are represented on the advisory board. The complete list of members, including links to their LinkedIn profiles, is available from the FRZ Zurich Airport Region in the press release. ce/hs
For the FRZ Flughafenregion Zürich, sustainability is not a trend, but a decisive success factor for companies and society. Pictured is The Circle at Zurich Airport. Image: Flughafen Zürich AG
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The co-founders of KITRO, Anastasia Hofmann and Naomi MacKenzie, present their startup. The Swiss company uses artificial intelligence to efficiently record and analyse food waste in the catering industry worldwide. KITRO enables foodservice operators to understand exactly what, when and how much food is being thrown away. This data is used for process optimization and allows food waste to be reduced by up to 60% and costs to be optimized.
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Relai, the leading Swiss Bitcoin-only investment app, recently received the coveted SEF.Growth High Potential Label. This recognition underlines the strong growth potential and innovative strength of the company, which has quickly established itself as the market leader in Europe.
Bitcoin investments made easy in Europe
Buying Bitcoin should be as easy as ordering a cup of coffee. This is the philosophy behind Relai, which was founded in 2020 by Julian Liniger and Adem Bilican. The aim was to eliminate the complexity, hurdles and risks of traditional crypto exchanges. Instead of cumbersome registration processes, complicated trading interfaces and counterparty risks, Relai offers a self-managed, regulatory compliant and user-friendly platform for Bitcoin investments.
With more than 100,000 active users and a trading volume of over 600 million US dollars, Relai has quickly established itself as the preferred Bitcoin brokerage for private investors, companies and wealthy individuals.
A frictionless approach to Bitcoin investing
The Relai app was developed with one central principle in mind: Simplicity. While other platforms require extensive verification processes and fiduciary accounts, Relai enables the purchase of Bitcoin within minutes - without prior crypto experience or complicated technical setup.
What makes Relai special:
- Bitcoin-only focus - Unlike most platforms that offer a variety of cryptocurrencies, Relai focuses exclusively on Bitcoin, strengthening its position as a trusted and decentralized asset.
- Self-managed model - users have full control over their private keys, eliminating third-party risks and increasing security.
- Swiss regulatory advantage - Thanks to its location in Switzerland, Relai benefits from a stable financial system, strict data protection laws and regulatory clarity, which sets it apart from many global competitors.
- Auto-invest function - Promotes long-term wealth accumulation through recurring Bitcoin purchases.
This focus on simplicity, security and accessibility makes Relai particularly attractive to millennial retail investors, SMEs and high net worth individuals (HNWIs) who are looking for a simple and secure way to invest in Bitcoin.
A strong business model with market recognition
Relai was awarded the SEF.Growth High Potential label following an in-depth review by experts, who confirmed the company's strong scalability and competitive positioning. The decision to operate as a pure Bitcoin self-administration platform is seen as a key differentiating factor that creates long-term trust and credibility among investors. From a regulatory perspective, Relai is well positioned to adapt to the EU-wide MiCA regulations and thus ensure smooth market expansion in several countries.
Growth and innovation: the future of Relai
Building on its strong market position, Relai is entering a new phase of expansion, focusing on extending its reach and further developing its services. With increasing regulatory clarity in Europe, the company is preparing to expand its presence in key markets and strengthen its position as a trusted provider of Bitcoin investment solutions.
At the same time, Relai is developing new offerings for a broader range of investors to ensure that both individuals and businesses have seamless and secure access to Bitcoin. Technological advances will play a key role in this process by enabling faster transactions, improved security and deeper integration into financial ecosystems.
A future characterized by growth and community
Relai's rapid success is the result of a clear vision, strong execution and a commitment to regulatory compliance. SEF.Growth experts see great potential in the company's expansion strategy, particularly in its proactive approach to securing licenses and compliance for cross-border business.
The focus on Bitcoin and self-custody has secured Relai a strong market position. However, the changing regulatory landscape and increasing competition require continuous adjustments.
With the SEF.Growth High Potential Label, Relai is well on its way to shaping the future of Bitcoin investments in Europe. By maintaining its core values of simplicity, security and accessibility, the company will continue to establish itself as a leader in the digital asset sector and enable more people to invest in Bitcoin with confidence.
"Participating in the SEF.Growth program was a great enrichment for me and the Relai management team. The challenging feedback, strategic insights and valuable networking opportunities helped us to refine our equity story and pitching. This was definitely an eye-opener and a door-opener for us and will allow us to take Relai to the next level - with the mission to make Bitcoin accessible to everyone!" - Julian Liniger, Relai
About SEF.Growth
The SEF.Growth program supports start-ups and SMEs in overcoming growth hurdles Since 2012, we have awarded the SEF.Growth High Potential Label to more than 130 start-ups and helped them secure over CHF 200 million in growth capital.
The program offers a wide range of services tailored to the needs of start-ups: From validation and strategy assessments to financial and legal advice from experienced experts. Following a successful evaluation, the "SEF.Growth High Potential Label" award strengthens the market position.
SEF.Growth regularly organizes best practice events in collaboration with partners, which offer exclusive insights, practical tips for the scaling process and an exchange with experts and other female founders.
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Schlieren ZH – Hemotune AG has received ISO 13485:2016 certification for both sterile and non-sterile medical devices and nanoparticles for blood purification. The young company is based in the Bio-Technopark Schlieren-Zurich.
(CONNECT) The Schlieren-based medtech company Hemotune AG has received double certification for its blood purification method. According to a statement, it was awarded ISO 13485:2016 certification for both sterile and non-sterile medical devices and nanoparticles for blood purification.
ISO 13485 is the internationally recognized standard for quality management systems in the development and manufacture of medical devices. The standard describes specific requirements to help companies ensure that their medical devices meet both customer and regulatory requirements for safety and efficacy. It was published in March 2016.
ISO 13485:2016 is the gold standard for quality management systems for medical devices, according to the Hemotune press release. Achieving this extension for sterile and non-sterile nanoparticles demonstrates the company's commitment to meeting the highest global standards.
Hemotune has developed the HemoSystem blood purification process. It is based on a nanostructured magnetic adsorber material. A device similar to a dialysis machine makes it possible to simultaneously remove various disease-relevant substances directly from the patient's blood with maximum precision and efficiency, the system is described by the German Innovation Award. The first therapy was designed for the treatment of septic shock. Hemotune received the German Innovation Award in the Medical Technologies category in 2022.
Hemotune is a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH) from 2017 and is based in the Bio-Technopark Schlieren-Zurich. ce/gba
Hemotune has received dual certification for its blood purification method. Image: Hemotune
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Zurich – Akina has received 2.8 million Swiss francs in seed capital. The main investor is Freigeist Capital, a Bonn-based company founded by Frank Thelen. The funds will be used for the further distribution of Akina’s digital physiotherapy in Switzerland and for market entries in Europe.
(CONNECT) Akina can continue to drive forward business development for its digital physiotherapy with fresh capital of 2.8 million Swiss francs. According to start-up promoter Venturelab, the main investor is Frank Thelen's Bonn-based venture capital firm Freigeist Capital. The Technopark Zurich-based start-up, a spin-off of the Swiss Federal Institute of Technology in Zurich and the ETH AI Center, intends to increase its market penetration in Switzerland and intensify its preparations for expansion in Europe.
Akina offers artificial intelligence (AI)-assisted training for home use, for example for back and joint pain or after a new hip joint has been implanted. Certified in 2024, the medical device supports a hybrid treatment approach that combines in-person physiotherapy sessions with digital home therapy.
A company video explains how home training can be better tracked with Akina's internet-based training support: The exercises are explained and demonstrated online. The patient positions himself or herself in front of the PC within a frame specified on the computer screen. The AI recognizes whether the exercises are being performed with the correct posture and at the intended speed and provides corrective feedback if necessary. Training progress is also documented.
"At Akina, we work closely with therapists and doctors to make high-quality movement therapy accessible to everyone," said the start-up, which was founded in 2021, in a statement. "We thank our new investors who share our belief that the future of AI-powered healthcare has already begun." ce/mm
Akina offers AI-based training for the home. Symbolic image: Gustavo Fring/Pexels
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Zurich/St.Gallen – The Swiss Federal Institute of Technology in Zurich (ETH) and the University of St.Gallen (HSG) want to strengthen the competitiveness of Swiss industry with the Manufacturing Alliance. A small group of doctoral students will conduct research with the alliance partners from industry.
(CONNECT) ETH and HSG have launched the Manufacturing Alliance. This new alliance offers companies access to a group of initially six highly qualified doctoral students known as the Circle of Scholars. According to a press release from the two universities, they will conduct research together with the alliance partners on topics such as operational excellence, global production networks, sustainable management and artificial intelligence in production.
According to the information provided, the alliance currently includes 13 industry partners: Roche, Novartis, Johnson & Johnson Innovative Medicine, Takeda, SHL Medical, Nestlé, Lindt & Sprüngli, Givaudan, Schneider Electric, Schindler, Endress+Hauser Flowtec, VAT Group and SFS Group. They will finance the project from January 2025 for a period of three years with a total of CHF 2.1 million. Other companies of different sizes and from different sectors are reportedly invited to join the alliance.
"With the Manufacturing Alliance, we are creating a platform that not only transfers scientific findings into practice, but also actively involves industry partners in research," Prof. Dr. Thomas Friedli from the HSG Institute of Technology Management is quoted as saying. The aim is to establish a network that strengthens Switzerland as an industrial location in the long term and develops innovative solutions for products with the "Made in Switzerland" quality mark. According to Prof. Dr. Torbjörn Netland from ETH Zurich, the special thing about the alliance is "that doctoral students work on real problems from day one - this helps industry and promotes young talent". ce/mm
Participants of the joint kick-off of the ETH-HSG Manufacturing Alliance. Picture: Hannes Thalmann/zVg/HSG
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Schlieren ZH – The start-up promoter Venture Kick is supporting Lightium with 150,000 Swiss francs. The start-up based in Schlieren develops and produces TFNL-based photonic chips.
(CONNECT) Ligthium is supported by the Schlieren-based start-up promoter Venture Kick. The start-up based in the Bio-Technopark Schlieren-Zurich will receive 150,000 Swiss francs for the acceleration of data centers, Venture Kick announced in a press release. According to her, Lightium is the first company to develop and produce photonic chips based on thin-film lithium niobate (TFLN). The glass-like material increases the data transfer rates of photonic integrated circuits and reduces their energy consumption at the same time.
Lightium intends to use the funds from the start-up sponsor to expand its own online presence, strengthen customer contacts and expand its staff and facilities. "Beyond the funding, the real added value lies in the visibility and credibility that comes with it," Lightium co-founder Frédéric Loizeau is quoted as saying in the press release. "Being part of Venture Kick strengthens our presence in the Swiss ecosystem and makes us more attractive to top talent, partners and future opportunities." ce/hs
Lightium's co-founders Frédéric Loizeau (CRO) and Amir Ghadimi (CEO). Image: Venture Kick
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Kuori is a Swiss cleantech start-up that develops elastic, biodegradable materials from industrial side streams such as olive pits and walnut shells. These are used in shoe soles and bracelets, among other things, and reduce microplastics.
Driven by the vision of replacing fossil resources, Kuori relies on partnerships with universities such as ETH, EPFL, ZHAW and FHNW as well as companies from the outdoor, sports and automotive industries. The Zurich location offers access to a strong network of research, industry and investors.
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The SME AI guide makes it easier for SMEs to understand and use AI.
AI also offers many SMEs the potential to increase their efficiency and productivity. But SMEs often don't know how and where to start with AI. The SME AI guide makes it easier to understand and use AI. Important topics are explained with selected training courses and online resources.
The think tank W.I.R.E. has collected SME-friendly and practice-oriented content together with the Innovate Switzerland community, where SMEs provided their input.
The guide is intended to support Swiss SMEs in using AI productively, sensibly and responsibly.
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Zurich – Alexander von Erdély has taken a seat on the Board of Directors of Optiml. The industry expert, who focuses on sustainability and innovation, will support Optiml in scaling its artificial intelligence-based B2B platform for decarbonizing the real estate sector.
(CONNECT) Optiml has announced that Prof. Dr. Alexander von Erdély has joined the team as an angel investor. The 55-year-old, who holds a doctorate in civil engineering, has more than 30 years of management experience in the real estate sector. Three months ago, he took up his post as Chairman of the Board of the German Federal Agency for Real Estate, which has around 18,000 federally owned properties in its portfolio.
Prior to that, von Erdély was CEO of CBRE Germany, the world's largest provider of commercial real estate services and investments, headquartered in Dallas and based in Zug, Switzerland. As a "passionate advocate for ESG, sustainability and innovation", he is "a role model in his commitment to driving progress in real estate and urban development", according to the spin-off from the Swiss Federal Institute of Technology in Zurich.
The new board member will support Optiml in scaling its Real Estate Decision Intelligence platform. It provides real estate managers, investors and consultants with tools to achieve their goals in terms of economic efficiency and sustainability. According to the information provided, it offers valuable insights into portfolios and building values as well as optimal decarbonization and investment strategies and also detailed action plans for net zero refurbishment and compliance with ESG regulations, for example.
According to a report by startupticker.ch, ten new customers from the DACH region and the UK are currently being integrated into the platform. The Zurich-based company is also working on adapting its solution to the regulatory peculiarities and calculation framework of the USA. CCO and co-founder Nico Dehnert calls the acquisition of the first customer in the USA, a real estate investment trust, "a significant milestone on our growth path". ce/mm
The three co-founders of Optiml are pleased to welcome Alexander von Erdély to the Board of Directors. Image: Optiml
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Zurich – qCella has received 1.3 million Swiss francs from investors in a pre-seed financing round. This will enable the company, which is also supported by the Winterthur RUNWAY Startup Incubator, to accelerate the development of its innovative heating technology, start product tests and expand the team.
(CONNECT) qCella can access 1.3 million Swiss francs in fresh capital. The company, which was founded in 2023 as a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), announced that it had raised this sum in a pre-seed financing round. In addition to the Kick Foundation (Venture Kick), the Kickfund, the ETH Foundation and the Swisspreneur Syndicate, business angels from networks such as Business Angels Switzerland, Aare Ventures, Business Angel Club Kanton Aargau and Winti Ventures also participated.
qCella has developed a new technology that heats people directly instead of heating entire rooms and the interior of cars. Instead, the company relies on heating mats made from copper-cellulose hybrid fibers, which can be cut to any size and integrated cost-effectively into the end product to be heated. Unlike commercially available heating wires, these thin and smooth heating mats are designed to heat evenly everywhere and are also more energy-efficient because no layer of padding is required between the mat and the human body.
qCella intends to use the proceeds from the financing round to scale up the production of its copper-cellulose hybrid fibers and work with external partners to manage the transition from batch production to roll-to-roll paper production. In addition, the heating technology is to be tested in an end customer product at the end of 2025. According to the information provided, the start-up has already secured paid pilot projects for the current year, from heated shoe insoles to surface heating for electric vehicles and systems for heating food.
qCella is based in the ETH Laboratoryfor Multifunctional Materials and was supported by the Winterthur RUNWAY Startup Incubator, among others. In its own press release, RUNWAY says it is "excited to see what the future holds for qCella and the continued impact of this groundbreaking technology". ce/mm
qCella has received 1.3 million Swiss francs from investors. Image: geralt/Pixabay
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Davos-Klosters: HCL Group, a leading global conglomerate, and UpLink, the World Economic Forum’s early-stage innovation initiative, have announced the winners of the ‘Tackling Water Pollution Challenge,’ the third in a series of five challenges under the five-year, CHF 15 million Aquapreneur Innovation Initiative launched by HCL Group. The announcement marks a significant step in the ongoing mission to address global water challenges through groundbreaking innovation and entrepreneurship.
HCL Group and UpLink announce winners of ‘Tackling Water Pollution Challenge’ under the Aquapreneur Innovation Initiative
After evaluating over 270 submissions from around 60 nations, 10 Aquapreneurs from 9 countries were chosen for their innovative solutions in the freshwater sector. This year’s winners, termed ‘UpLink Top Innovators and Aquapreneurs’, reflect a diverse set of expertise demonstrating the transformative potential of innovation in tackling water pollution worldwide. The winners will share financial award from a pool of CHF 1.75 million, enabling them to scale their initiatives and amplify their impact. In addition to funding, the winners will also gain access to exclusive resources, mentorship, and global networks provided by HCL Group and UpLink.
The Tackling Water Pollution Challenge was dedicated to addressing freshwater issues worldwide, with special focus on combating water pollution. Solutions presented by winners included cutting-edge advancements in filtration systems, wastewater treatment, industrial water reuse, and water quality monitoring technologies.
Highlighting the role of Aquapreneur Innovation Initiative in combating challenges related to freshwater, Roshni Nadar Malhotra, Chairperson of HCL Group, said: “Water scarcity and pollution are existential threats to humanity and biodiversity. The Aquapreneur Innovation Initiative launched a couple of years ago aims to discover and support the most innovative start-ups and scale-ups tackling the world’s most pressing water issues. The 20 pioneering start-ups, winners of the previous two years, have collectively gone on to achieve immense success. In 2024 alone, they helped save over 12 billion litres of water, equivalent to Switzerland’s entire water footprint each year. They also treated 3 billion litres of wastewater. The Grant provided by HCL enabled them to expand to new markets, deploy pilot projects, increase customer count, and scale-up production and operations. These 20 start-ups have raised US$70 million in funding since joining the Initiative. So, congratulations to all ten of this year’s winners. I’m already looking forward to returning to Davos next year to share their successes!”
Added Olivier Schwab, Managing Director of the World Economic Forum, “As water challenges grow more urgent, HCL Group and UpLink’s continued commitment underscores the need for collaborative innovation to safeguard freshwater ecosystems. The initiative is not just driving immediate solutions, investment and multistakeholder partnerships —it is paving the way for a sustainable future where clean, accessible water is a reality for all. By supporting bold, scalable solutions, we are making a critical contribution to addressing one of the most significant global challenges of our time. The collaboration between HCL Group and UpLink continues to set a global benchmark for how innovation can drive large-scale, lasting change.”
Water pollution is a global challenge, with about 80% of the world’s untreated wastewater being released into rivers, lakes, and oceans. This leads to 485,000 premature deaths every year worldwide and costs the global economy $260 billion annually. The challenge of water pollution intensifies as countries industrialize, with chemical contamination of freshwater sources being prominent across industrial economies. This includes the rise of microplastics and PFAS (Per- and polyfluorinated alkyl substances), also known as the Forever Chemicals in water supplies, risking public health.
The 2025 Tackling Water Pollution Challenge Winners
In addition to the financial awards, the winners will have the opportunity to participate in events and projects led by the World Economic Forum and its partners. These opportunities will provide invaluable support to scale their ventures, ensuring sustainable and impactful solutions for water challenges.
Since its inception, the Aquapreneur Innovation Initiative has made notable progress in addressing global freshwater challenges. This funding has enabled winners to innovate, scale production, and expand into new markets. The initiative has also driven progress in water conservation, wastewater treatment, greenhouse gas emission reductions, and job creation. To date, top innovators have cumulatively raised over $70 million in funding to scale their innovations.
HCL Group and UpLink’s ongoing collaboration underscores their shared commitment to sustainability and innovation, paving the way for a future where freshwater resources are managed responsibly and effectively.
Notes to the editor
About UpLink
UpLink is the World Economic Forum’s early-stage innovation initiative that builds ecosystems that enable purpose-driven, early-stage entrepreneurs to scale their business for the markets and economies that are essential for a net-zero, nature-positive, equitable future.
. Sourcing innovations through a competition framework known as innovation challenges, UpLink has run more than 50 challenges to date and selected over 500 early-stage entrepreneurs with innovative solutions across critical SDG areas including freshwater, health, food, ocean, plastics, education, climate and more.
For more information, visit https://uplink.weforum.org
About HCL Group:
Founded in 1976 as one of India’s original IT garage start-ups, HCL Group is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers. Today, the HCL Group has a presence across varied sectors that include technology, healthcare and talent management solutions and comprises three companies – HCL Infosystems, HCLTech and HCL Healthcare. The enterprise generates annual revenues of over US$13.8 billion with 220,000 employees operating across 60 countries. For further information, visit www.hcl.com
For further information, please contact:
Shruti Saxena: shruti-saxena@hcl.com (9654356487)
Alisha Bisherwal: Alisha.a@hcl.com (8447821231)
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Successfully shaping the future requires dialog and collaboration. At the «Fokus Standort» event, players from business, science and administration discussed practical solutions for the targeted further development of Zurich as a business location.
In order to be prepared for future challenges, the Department for Economic Affairs wants to further strengthen the attractiveness of Zurich as a business location. A year ago, the first «Fokus Standort» was launched as a successful series of events focusing on the future of Zurich as a business location. At yesterday's «Fokus Standort» event, around 150 people from the worlds of politics, business, science and administration once again discussed future trends that will have a significant impact on the economy and the quality of the Canton of Zurich's location in the medium and long term.
The topics of discussion were based, among other things, on the results of the «Trend Analysis for the Canton of Zurich as a Business Location», which the research and consulting company Infras compiled on behalf of the Department for Economic Affairs on the basis of a survey of experts. Selected trends - as of August 2024 - were classified as particularly relevant for the canton of Zurich: advancing digitalization, especially with AI applications; continuing population growth and ageing, which also affects the labour market; increasing regulatory density and the associated rise in administrative costs; and Switzerland's uncertain relationship with the EU. The experts surveyed in the study assessed the significance of each trend and outlined the consequences and options for action.
Strong impetus for sustainable location development
The «Fokus Standort» used this overview to shed more light on the topics of skilled workers, technology, regulation and mobility in four workshops. One of the questions was, for example, which processes can be used to relieve the burden on companies and promote competitiveness despite increasing regulatory density and administrative effort. They discussed how the use of AI can be improved in everyday working and studying life and how digital skills can be specifically promoted in schools and training. Another topic was what companies are doing to empower their employees and how SMEs can keep up with large companies in this respect. Another question was how organizations and companies can reduce the distances travelled each day or implement the switch to sustainable mobility.
Possible solutions were developed in the workshops and measures were formulated and concretized. The findings are now being further processed in working groups.
Government Councillor Carmen Walker Späh then introduced the final part of the event with her presentation: The discussion on demographic trends and their impact on labor shortages. The problem: more and more people are retiring, but fewer and fewer young people are taking over. Immigration alone cannot remedy this imbalance. Walker Späh therefore opened the dialog on possible solutions: «A better work-life balance must lead to more people working longer hours,» she said. Productivity must also be increased through innovation and technological progress. After all, says Walker Späh, «we won't be able to avoid working longer. Nobody wants to hear that. But it's a fact.»
A concluding panel discussion with Milan Prenosil, Chairman of the Board of Directors of Confiserie Sprüngli AG, Veronica Weisser, Head UBS Pension Innovation Hub, Amalia Zurkirchen, Managing Director of Kaufmännischer Verband Zürich, and Manuel Buchmann, Project Manager "Demografik" and author, took up the appeal of the Government Councillor and addressed the issue of labor shortages due to demographic change. The labor market gap will widen further in the coming years and pose challenges for the Zurich economy. The panel participants discussed the solutions proposed by Government Councillor Walker Späh and discussed other possible measures to counteract the shortage of workers and ensure future economic growth.
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With the event «Fokus Standort», Economics Director Carmen Walker Späh wants to provide impetus for sustainable location development. Source: Tim Love Weber
In the panel discussion, Manuel Buchmann, project manager for "Demographics", Milan Prenosil, Chairman of the Board of Directors of Confiserie Sprüngli AG, Amalia Zurkirchen, Managing Director of the Commercial Association of Zurich, and Veronica Weisser, Head of UBS Vorsorge Innovation Hub, spoke about the labor shortage together with moderator Michael Schönenberger. Source: Tim Love Weber
A total of four workshops were held at the «Fokus Standort». Source: Tim Love Weber
Developing solutions together: Lively discussion in a workshop at the «Fokus Standort». Source: Tim Love Weber
Jonas Schudel from the Secondary School and Vocational Training Office led one of the workshops. Source: Tim Love Weber
Fabian Streiff, Head of the Department of Economic Affairs, presented the results of the trend analysis for the Canton of Zurich. Source: Tim Love Weber
Immigration alone cannot solve the labor shortage. Other solutions are needed, said Economics Director Carmen Walker Späh. Source: Tim Love Weber
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Schlieren ZH – The Healthtechpark Zürich-Schlieren (HTPZ) is getting a new managing director. Vincent Irrling succeeds Stefan Leuthold, who is stepping down after four years. The medtech expert will take over the position from January 2025.
Vincent Irrling will be the new Managing Director of Healthtechpark Zürich-Schlieren (HTPZ ) from January 2025. He will succeed CEO Stefan Leuthold. Irrling is a medtech expert and has broad expertise in the healthtech sector, according to a press release. He has been working in the medtech industry since 2011 and, as a product manager, has accompanied neurosurgical implants from the development phase through to market launch in various countries, the report continues. Irrling has an MBA from the University of St.Gallen (HSG). After graduating, he became involved in the Swiss start-up scene and founded KAPSLY GmbH and the MEDKAP Investor Association. The platforms support start-ups and corporates in bringing healthtech innovations to market faster and facilitating access to investment for investors, according to the press release.
In his four years at the helm, Stefan Leuthold has built up the Healthtechpark Zurich-Schlieren into a central hub for innovation in the field of healthtech. Several start-ups have set up shop in the park. In addition, Leuthold has driven forward the integration of the HTPZ into the local and regional life science network and established the park as a player in the industry.
"I am grateful to have been given the opportunity to build up the Healthtechpark Zurich-Schlieren," Stefan Leuthold is quoted as saying. During this time, the park has become a center for innovation in the healthtech sector. With Vincent Irrling, "a proven expert is taking over the helm".
"Science, technology and entrepreneurship come together in the Healthtechpark Zurich-Schlieren," Vincent Irrling is quoted as saying: This is the right mix to accelerate progress in the healthtech sector. ce/gba
Stefan Leuthold hands over the keys to Vincent Irrling (from left to right). Image: zVg/HTPZ
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San Francisco/Zurich – OpenAI is coming to Zurich. The inventor of ChatGPT has hired three senior computer vision and machine learning engineers from the Zurich office of Google subsidiary DeepMind. They will work on multimodal models for artificial intelligence.
OpenAI, the company behind the ChatGPT released in 2021, is setting up its fifth European office in Zurich. As the San Francisco-based company informed its employees in an internal memo published by the North American computer magazine "Wired", the new Zurich branch will be headed by Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai from Google DeepMind, a competitor also based in Zurich.
The three engineers for computer vision and machine learning have been hired to work on multimodal artificial intelligence (AI) models for OpenAi. These models should be able to perform tasks in different media, i.e. from images to audio. "We are delighted to expand our international presence with the opening of our office in Zurich, which has become a leading European technology center," Mark Chen is quoted as saying in an article in the "Neue Zürcher Zeitung". He is Senior Vice President for Research at OpenAI.
According to Beyer's private website, he also co-led the multimodal research activities and the codebase at DeepMind, where he worked closely with Xiaohua Zhai and Alexander Kolesnikov. Beyer had frequently reported on OpenAI's research results to his approximately 70,000 followers on X and commented on public controversies surrounding the company.
OpenAI already has offices in London, Tokyo and other cities. In addition to the new offices in Zurich, the previously non-profit company is reportedly planning to open further branches in New York City, Seattle, Brussels, Paris and Singapore.
The Financial Times reported earlier this year that Apple had also poached a number of AI experts from Google to work in a "secret European lab in Zurich". ce/mm
Sam Altman is CEO of OpenAI. Image: TechCrunch, CC BY 2.0 via Wikimedia Commons
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Kilchberg ZH/Amsterdam – Cradle has raised a Series B financing of 73 million dollars. The biotech start-up wants to make its artificial intelligence platform for the artificial generation of proteins available to more scientists.
Cradle Bio has received 73 million dollars from investors in a Series B financing round. According to a press release, it was led by venture capitalist IVP, based in Menlo Park, California. The existing investors Index Ventures and Kindred Capital have participated. With the new financing, Cradle has raised a total of more than 100 million dollars. The biotech company has a Swiss headquarters in Kilchberg and another in Amsterdam.
Companies such as Novo Nordisk, Johnson & Johnson Innovative Medicine, Novonesis and Grifols are already using Cradle's generative artificial intelligence platform for the research and development of therapeutics, diagnostics, food, chemical and agricultural products, according to the press release. It could accelerate the discovery and development of protein-based products in commercially relevant projects by up to twelve times. This is clear from the results to date.
The Series B funding will be used in part to expand Cradle's own laboratory to generate additional data sets to train Cradle's models for a growing number of challenges and modalities, it added. Cradle will continue to expand its engineering team to improve Cradle's machine learning (ML) capabilities.
"Our goal is to put Cradle's software in the hands of a million scientists and empower them to build great products. Our Series B will enable this next phase of growth and we are delighted to have the support of IVP to help us scale," said Stef van Grieken, CEO and co-founder of Cradle. ce/gba
Cradle is working on an AI platform for the artificial generation of proteins. Symbol image: Tobithias, CC BY-SA 4.0 via Wikimedia Commons
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Zurich/San Francisco/Menlo Park – LocalStack can develop multi-cloud strategies with an investment of 25 million dollars. The expansion beyond AWS, the most widely used cloud, is intended to strengthen LocalStack’s role as the de facto platform for local cloud development and enable new use cases.
LocalStack has secured 25 million dollars in Series A financing. The round was led by the Californian investment firm Notable Capital from Menlo Park. Existing investors CRV and Heavybit from San Francisco have also participated. "This milestone marks a pivotal moment for LocalStack," it said in a statement, "as we continue our mission to put developers in control of cloud development and help organizations develop faster, better and more efficiently."
Founded in 2021, the Zurich-based start-up has so far made it possible to run complete AWS environments on its platform on local computers, thereby increasing developers' speed and reducing cloud dependencies. According to the data, this platform is used for 8 million sessions per week, has 280 million Docker calls and over 900 paying customers, from start-ups to Fortune 500 companies, including SiriusXM and Chime.
According to the press release, this funding opens up "new opportunities to expand LocalStack's capabilities and go beyond AWS". For example, "current insights into Snowflake and our roadmap for an Azure emulator" would enable LocalStack to support multi-cloud strategies. "The expansion beyond AWS will strengthen LocalStack's role as the de facto platform for local cloud development and enable new use cases such as developing cross-cloud integrations or testing cloud migrations." ce/mm
LocalStack brings data clouds to the local server. Symbol image: Pixabay
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Rümlang/Thalwil ZH/Mississauga – Nanoleq and Osmotex from the Greater Zurich Area have been acquired by Myant. The Canadian company, which focuses on intelligent materials for the healthcare sector, is thus adding the textile computer technology of the two companies to its portfolio.
Myant Corp, based in the Canadian province of Ontario, has acquired two companies from the Greater Zurich Area, Nanoleq from Rümlang and Osmotex from Thalwil. According to a press release, the Canadian company will also set up its headquarters for Europe and the Middle East in the canton of Zurich. Myant is a supplier of advanced materials for the healthcare sector. It uses artificial intelligence in textile interfaces that function like a networked second skin and are designed to enable seamless interaction with the digital world.
Myant CEO Tony Chahine welcomes Nanoleq to the Myant Group "with great enthusiasm". The spin-off from the Swiss Federal Institute of Technology in Zurich develops elastic electrical cables, dry electrodes and biosensor technologies known as bodyGuards. These components for intelligent sportswear and workwear enable vital functions to be monitored in real time, for example by wearing a T-shirt while jogging, cycling or at the gym. "The combination of Nanoleq's know-how in the field of electrically conductive silicones for biosensor technology with Myant's medical expertise makes this acquisition a logical step," says Nanoleq CEO Vincent Martinez.
The DeepTech company Osmotex had already formed a joint venture with Myant in 2019. Its technologies, developed jointly with the Zurich University of Applied Sciences, enable precise control of moisture and particles in membranes and textiles with their billions of channels or pores. According to Tony Chahine, Osmotex technology can be used in a variety of ways, "whether in intelligent wound dressings for rapid healing or in firefighter uniforms to prevent dangerous heat exposure". With Myant, Osmotex CEO Trond Heldal sees his company "now in a position to maximize the benefits of our technologies". ce/mm
Myant uses artificial intelligence in textile interfaces that are designed to enable seamless interaction with the digital world. Image: Myant
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Rapperswil-Jona SG – The OST – Eastern Switzerland University of Applied Sciences has awarded the Age Innovation Prize 2024 in collaboration with the Switzerland Innovation Park East and EY Switzerland. Three projects for sustainable improvements in the lives of older people were each awarded CHF 15,000.
The Institute for Ageing Research(IAF) at the OST - University of Applied Sciences of Eastern Switzerland has awarded this year's Age Innovation Prize in collaboration with the Switzerland Innovation Park East and the auditing and consulting firm EY Switzerland. According to a press release, the 15,000 Swiss franc prize was awarded to three innovative solutions that improve the lives of older people.
One of the award-winning projects is the FlexAssist seating aid. The spring-supported seating aid helps older people to sit down and stand up on public transport. It was developed by Jacqueline Keller, Lukas Mendes and Luc Schweizer from the Zurich University of the Arts(ZHdK) and Gian Teufen from the Swiss Federal Institute of Technology in Zurich(ETH).
The company HR ConScience from Zurich, a start-up of the University of Zurich(UZH), has developed the Silver Bridge platform. With their help, older people can carry out a self-assessment in an online questionnaire and receive options for re-entering the labor market. "Returning to work promotes independence, social integration and therefore the quality of life of older people," Lea Rutishauser and Anja Feierabend from HR ConScience are quoted as saying in the press release.
The SIGMA-beSerious project also received an award. It enables older people who are cared for at home to train their cognitive skills in a playful way. This can counteract a significant reduction. "The impact on the quality of life of the senior citizens concerned is immense," says Sara Levati, SIGMA-beSerious project manager and Senior Lecturer at the University of Applied Sciences and Arts of Southern Switzerland(SUPSI).
Switzerland Innovation Park East will support the winners with advice or a workshop worth CHF 3,000. EY Switzerland is also offering coaching worth CHF 5000. In addition, a co-creation workshop worth 7500 francs will be offered by the IAF.
A new Age Innovation Prize will be announced throughout Switzerland in 2025. ce/ww
Die Besucherinnen und Besucher der Preisverleihung testen neue Alterstechnologien. Bild: zVg/OST
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Zurich/Bern – LatticeFlow AI has received around 3 million dollars from the Swiss innovation agency Innosuisse. In doing so, it is promoting the world’s first platform that combines artificial intelligence (AI) governance and technical assessments.
LatticeFlow AI is supported by Innosuisse with around 3 million dollars as part of its Swiss Accelerator projects. This brings the Zurich-based DeepTech start-up closer to launching the world's first platform that seamlessly integrates AI governance frameworks with the technical validations required to comply with regulatory standards such as the EU AI Act.
"Governance processes alone are not enough to meet AI standards and regulations," Dave Henry, SVP of Business Development at LatticeFlow, is quoted as saying in a statement from the spin-off of the Swiss Federal Institute of Technology in Zurich(ETH), which was founded in 2020. "Companies need in-depth technical validation to ensure that their models are reliable and comply with regulations. The platform we have developed provides just that, combining governance and operations."
Another important milestone in AI compliance, in which LatticeFlow AI plays a central role, is the launch of COMPL-AI, the first compliance-centric framework for the assessment of large language models aligned with the EU AI law. COMPL-AI was developed in collaboration with ETH and the Bulgarian Institute for Computer Science, Artificial Intelligence and Technology.
At the beginning of October, LatticeFlow and the Zurich-based consulting firm KPMG entered into a strategic partnership to further strengthen this project. LatticeFlow has so far raised over 17 million dollars in investments in Europe and the USA. His customers include the US Army, Singaporean Defense, Siemens Mobility and AI scale-ups such as Actuate. ce/mm
LatticeFlow AI has received around 3 million dollars from Innosuisse for the world's first platform that combines AI governance and technical assessments. Symbol image: Pixabay
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Zurich – The consulting firm EY has presented its Entrepreneur Of The Year award in four categories for the 27th time. The winners were managers from APTISSEN, Pini Group, Galliker and ANYbotics.
On October 4, EY presented the Entrepreneur Of The Year award for the 27th time. Silvia Scherer from APTISSEN SA, Andrea Galli from Pini Group SA, Esther Studer, Peter Galliker and Rolf Galliker from Galliker Transport AG and Péter Fankhauser from ANYbotics AG won the prizes in the four award categories. The prizes were awarded at a gala ceremony at the Lucerne Culture and Convention Center, EY announced in a press release.
APTISSEN SA from the canton of Geneva came out on top in the Industry, High-Tech & Life Sciences category with its injectable gel Synolis. "Silvia Scherer is a model entrepreneur who has successfully positioned her company in a short space of time with an enormous spirit of innovation," the press release quotes from the jury's tribute. The Pini Group from Graubünden won in the Services and Trade category with its global network of engineering firms for complex technical projects. "Andrea Galli has brought Swiss quality to the international stage in an innovative way with the decentralized positioning of his company," said the jury.
Galliker Transport AG from the canton of Lucerne won the Family Business category. The jury was particularly impressed by "the extraordinary innovative ability" of the entrepreneurial family "which extends far beyond the traditional transport business and also addresses the issue of sustainability in a credible manner". ANYbotics AG from the canton of Zurich won the prize in the Emerging Entrepreneur category. According to the jury, Péter Fankhauser has been able to establish his company in a market "in which major competitors have to be outdone". ce/hs
The winning managers at this year's EY Entrepreneur Of The Year Award: Silvia Scherer, Peter Galliker, Esther Studer, Rolf Galliker, Andrea Galli and Péter Fankhauser (from left to right). Image: zVg/EY Switzerland
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Zurich – Nils Kümin has received the UBS Sustainability Award for Bachelor theses from the Zurich School of Business. In his work, the student identifies key factors of digital accessibility and provides companies with recommendations for their implementation.
Nils Kümin has received the UBS Sustainability Award 2024 from the Zurich University of Applied Sciences in Business Administration(HWZ), the HWZ announced in a press release. The prize is awarded annually by the major bank and the university in recognition of outstanding bachelor theses at the HWZ. Kümin's bachelor's thesis was dedicated to the question of the need for and implementation of accessible digital products and services in Swiss companies.
In his bachelor's thesis, the prizewinner dealt in particular with EU Directive 2019/882 on accessibility requirements for products and services. From 2025, it will also be binding for Swiss companies of a certain size that are active in the EU. "The work thus addresses a highly topical issue whose significance extends beyond our national borders," writes the HWZ.
Kümin approached the issue by conducting interviews with people with disabilities and company representatives. This revealed an existing gap between the need for digital inclusion and its implementation by entrepreneurs. In the second part of his work, Kümin provides companies with recommendations for action, both for determining specific needs and for fulfilling legal requirements. ce/hs
Mirjam Frei, Head of Sustainability in Corporate Banking at UBS, presents the sustainability award to the winner Nils Kümin. Image: zVg/HWZ
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Zürich, Switzerland – The SEARCH Consortium Partners With Syntheticus® to Accelerate Healthcare Innovation Through Synthetic Data. The Synthetic hEalthcare dAta goveRnanCe Hub (SEARCH) aims to accelerate healthcare innovation by generating FAIRified synthetic data for use in AI/ML models.
Syntheticus®, a leader in synthetic data solutions, is proud to announce its key role in the newly launched Synthetic hEalthcare dAta goveRnanCe Hub (SEARCH), a multi-disciplinary consortium committed to revolutionising healthcare through AI-driven diagnostics and privacy-preserving synthetic data technologies. As a crucial partner in the SEARCH consortium, Syntheticus® will leverage its cutting-edge solutions to unlock the full potential of synthetic data, ensuring privacy, compliance, and scalability for the healthcare industry.
In its role within the SEARCH consortium, Syntheticus® will contribute its expertise in Privacy-Enhancing Technologies (PETs), including Generative AI and Differential Privacy. This will support the creation of synthetic datasets that replicate real-world healthcare data while preserving patient privacy. These datasets will enable healthcare providers, researchers, and institutions to develop AI-driven tools for diagnostics, personalised treatments, and predictive health outcomes.
"Syntheticus is excited to join SEARCH and contribute to its mission of revolutionising healthcare through synthetic data. By providing secure, high-quality synthetic data, we are enabling the development of AI-powered healthcare solutions that will significantly enhance patient care while ensuring privacy and compliance with the highest standards," said Aldo Lamberti, Founder of Syntheticus®.
SEARCH aims to overcome the challenges of securely sharing healthcare data by utilising Syntheticus’ technology to generate data proxies that replicate the statistical properties of real-world medical data. These proxies are essential for AI and machine learning (ML) applications in healthcare, enabling groundbreaking advancements in diagnostics and personalised medicine while addressing privacy concerns.
“SEARCH offers an unparalleled opportunity to accelerate research and clinical innovation,” said Prof. Aideen Long, Director, Trinity Translational Medicine Institute (TTMI). “By providing high-quality, FAIR synthetic datasets that mimic real-world healthcare data, we can empower researchers, clinicians, and industry to collaborate like never before. This opens the door for faster drug discovery, more personalised treatments, and the ability to create new, evidence-based healthcare policies—all without compromising patient privacy.”
About the Synthetic hEalthcare dAta goveRnanCe Hub (SEARCH):
Funded under the Innovative Health Initiative Joint Undertaking (IHI JU), SEARCH boasts an initial budget of over €13.9 million. SEARCH is a multi-disciplinary initiative focused on creating synthetic healthcare data and facilitating secure data sharing across the biomedical ecosystem. With a consortium of 26 partners from across Europe, SEARCH aims to accelerate healthcare innovation by generating FAIRified synthetic data for use in AI/ML models, enabling large-scale data collaborations while preserving privacy and compliance with regulatory standards.
About Syntheticus®:
Founded in 2021, Syntheticus® empowers organisations (B2B) and governments (B2G) to enable the full potential of AI through safe synthetic data. Syntheticus' flagship products leverage advanced Privacy-Enhancing Technologies (Generative AI, Differential Privacy and Confidential Computing), orchestrate cross-modal data, provide seamless integrations with existing systems and maintain strong enterprise-grade data protection through a versatile/modular platform solution. Syntheticus is trusted by Fortune 500 enterprises, governmental entities and leading scale-ups. Backed by Hammerteam VC and Constructor Group. Further information can be found at https://syntheticus.ai or hello@syntheticus.ai
About the Innovative Health Initiative:
The Innovative Health Initiative (IHI) focuses on translating health research into tangible benefits for patients and society, while ensuring Europe remains a leader in patient-centred, sustainable health innovation. By fostering cross-sector collaboration, IHI supports projects spanning prevention, diagnosis, treatment, and disease management. This public-private partnership includes the European Union and key European industry associations in pharmaceuticals, biotech, medtech, and vaccines. The Innovative Health Initiative (IHI) is co-funded by the European Union, represented by the European Commission, and the life science industries, including COCIR, EFPIA/Vaccines Europe, EuropaBio, and MedTech Europe. For the 2021-2027 period, IHI has a total budget of €2.4 billion. €1.2 billion comes from Horizon Europe, the EU's research framework. €1 billion is contributed by IHI industry partners, while an additional €200 million may be provided by other life science industries and associations that choose to join as contributing partners.
Acknowledgement:
This project is supported by the Innovative Health Initiative Joint Undertaking (IHI JU) under grant agreement No. 101172997. The JU receives support from the European Union’s Horizon Europe research and innovation programme and COCIR, EFPIA (including Vaccines Europe), EuropaBio and MedTech Europe.
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Aldo Lamberti | Syntheticus AG
+41 79 353 05 56 | hello@syntheticus.ai
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Zurich/Dubai – Truvami is presenting an innovative smart label powered by ambient light at the GITEX tech and start-up trade fair in Dubai. The particularly small tracking solution is based on the LoRaWAN radio protocol.
Zurich-based truvami GmbH will be presenting its ambient light-powered smart label at the GITEX tech and start-up trade fair in Dubai from October 14 to 18. According to a press release, this innovative solution uses the Long Range Wide Area Network (LoRaWAN) and organic photovoltaic technology (OPV) to enable precise indoor and outdoor localization and thus improve logistics and asset tracking applications.
In contrast to conventional labels, which require manual scanning, the smart label from truvami transmits location data and other important information such as temperature and vibration or movement independently to a cloud application via wireless communication, according to the press release. The particularly small smart label uses organic photovoltaic technology developed by the French deep-tech company Dracula Technologies in Valence. OPV cells, which are printed on a thin film, capture ambient light from their immediate surroundings and convert it into energy, making batteries superfluous.
The LoRaWAN-based tracker enables precise localization both indoors and outdoors. The technology developed jointly with the CSEM technology center in Neuchâtel achieves a positioning accuracy of several meters. The CSEM played a key role in improving the capabilities of the Smart Label.
The collaboration between CSEM, Dracula Technologies and truvami underlines the commitment to innovative, sustainable solutions in the tech industry. According to truvami, the smart label represents a significant advance in goods tracking technology. ce/gba
Truvami introduces an ambient light-powered smart label. Image: Truvami
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Schlieren ZH – rqmicro receives funding from Innosuisse as part of the Swiss Accelerator program. It is intended to finance developments in the field of E. coli detection.
The Schlieren-based company rqmicro, which specializes in water analysis, has received funding as part of Innosuisse 's Swiss Accelerator program, according to a press release. The support will strengthen and accelerate ongoing research and development efforts in the field of E. coli detection, the statement continues.
This funding will enable rqmicro to drive forward the development and scaling of novel products and services, particularly in the field of rapid E. coli detection. It is also providing the means to accelerate the market launch of advanced E. coli detection technology, the statement continues.
In 2023, the Swiss Innovation Agency Innosuisse launched a call for proposals for the Swiss Accelerator to provide direct financial support to small and medium-sized enterprises (SMEs) and start-ups in Switzerland with high innovation potential. Following a three-stage evaluation process, rqmicro's innovation project was selected along with 32 other projects.
rqmicro is investing significant resources in the development of a proprietary platform for the rapid detection of bacteria in water. Consumers worldwide are to be protected from microbiologically contaminated water. The first commercial application focused on the detection of Legionella bacteria. Now rqmicro wants to target the E. coli bacteria.
rqmicro (Rapid Quantitative Microbiology) is a life sciences and tech start-up that was founded in 2013 as a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH). rqmicro is based in Schlieren and has a representative office in Shanghai, China. rqmicro is a member of Start-Smart-Schlieren. ce/gba
rqmicro is supported by Innosuisse in its developments in the field of E. coli detection. Symbol image: geralt/Pixabay
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Zurich – The engineering and consulting firm Helbling implements innovation projects that utilize the still young technology of neuromorphic data processing. Among other things, this allows applications with extremely low energy requirements.
Helbling experts are driving innovations that are made possible by neuromorphic computing technology. According to a specialist article, the engineering and consulting company is positioning itself as an industry partner in this field. Knowledge and experience in this area has been systematically built up with partners in recent times. In the article, the authors attribute great potential to neuromorphic computing as a key technology - especially for edge devices, i.e. devices with local data processing. This is interesting, for example, in system monitoring for autonomous, permanently operational devices. The medtech sector with medical implants and wearables is also mentioned. The advantages are primarily based on higher energy efficiency and computing latency compared to conventional digital neural networks, according to the report. This would mimic natural neuronal networks in the brains of animals.
The experts go into technology details and also describe important aspects of integration. In general, two things are central to neuromorphic computing: the use of in-memory calculations, known as compute-in-memory, and special data coding, known as sparse spike data encoding. For example, the former solves a bottleneck problem of current computer architectures: data and instructions have to be transferred between the memory and processor with every instruction cycle. Internal memory calculations made it possible to combine processing and memory.
Despite all the advantages, the technology faces hurdles according to the analysis. Among other things, there are only a limited number of providers and competition is strong due to the ongoing development of traditional digital devices. In addition, conservative players were hesitant because they had little experience with the theory and use of neuromorphic devices. "However, a new way of thinking is needed to tackle problems relating to hardware and software," the authors write. ce/yvh
Neuromorphic data processing opens up a multitude of new applications. Symbol image: MasterTux via pixabay
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On September 23, 2024, the second Innovation Apéro took place at Mehrwerk in Uster. 45 guests took part in the event organized by the Zürioberland location promotion agency and the city of Uster. This time, the presentations and discussions focused on the topic of “supply chains”.
Lukas Willi, Head of Operations at the Werkheim Uster, began by welcoming those present. The Mehrwerk in the Lorenquartier is the newest Mehrwerk location. Lukas Willi presents the various activities of the Werkheim that are carried out in the building - from order processing and fulfillment to assembly technology, recycling work and catering services.
Innovation as an important component of robust supply chains
Martin Tschirky, Member of the Management Board of Bank BSU, then reported on his experiences in optimizing the company's supply chains. The reduction in paper consumption was particularly impressive: from 1.5 tons in 2019, this was reduced by a third by 2024. Electricity consumption has also fallen considerably in recent years.
However, these savings were only possible because a detailed inventory of paper and electricity consumption was carried out beforehand. Tschirky made it clear that clean and data-based recording of resources is the first decisive step towards optimizing supply chains. Without precise data, no targeted measures can be derived. In this respect, an inventory is a fundamental approach to identifying inefficiencies in the supply chain and achieving sustainable improvements. Data therefore forms the basis for any efficient supply chain management. Tschirky also emphasized that it is important to start in small steps. Small, measurable successes are not only easier to implement, but also form the basis for further optimization throughout the entire supply chain.
In her opening keynote speech, Prof. Dr. Katharina Luban from the Innovation Network Eastern Switzerland(INOS) highlighted the benefits of excellent supply chains based on smart procurement management. She emphasized how important it is to optimize supply chains not only in terms of costs and inventories, but also to manage risks and integrate sustainability initiatives. An innovative approach is essential, especially in times of volatile markets.
Convincing advantages of cooperations and alliances
Susanne Landolt, owner of adinum.ch, shed light on the possibilities of purchasing cooperations and purchasing alliances. By merging several companies, not only could prices be reduced, but competitive advantages and synergies could also be achieved. The exchange of knowledge within such collaborations is just as valuable as the pure cost savings.
Thomas Girelli, COO Eugen Seitz AG, introduced the participants to the practice of the material pool and the purchasing association. Using the example of "AlliTell", a purchasing association that has existed since 1999, he demonstrated the advantages of a joint purchasing strategy. Networking and the exchange of information in particular play a central role in such alliances.
Finally, Giacinto In-Albon summarized the most important findings of the day and pointed out various funding platforms and the responsible contact persons. He particularly emphasized how important it is to get in touch with the Uster or Zürioberland location promotion offices at an early stage if you have any questions or new ideas about your own supply chain. Initial discussions are not only non-binding, but also free of charge and offer an ideal opportunity to find innovative solutions for optimizing your own supply chain.
At the subsequent drinks reception, the participants took the opportunity to link the content of the presentations with their own experiences and discover the potential for new collaborations. The Innovation Apéro in Uster once again proved to be a valuable platform for dialog and networking in the regional economy, with a focus on practical ideas and strategic partnerships.
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Zurich – BLP Digital intends to focus its business expansion on the DACH region. The company, which specializes in the automation of resource planning, has opened a new head office in the center of Zurich in order to pool its strengths.
BLP Digital moves into new company headquarters in Zurich on October 1. The company specializes in the automation of resource planning made possible by artificial intelligence (AI) and previously had two offices in Zurich, which will now be closed. According to a press release, the spin-off of the Swiss Federal Institute of Technology in Zurich(ETH) and the University of St.Gallen(HSG), which was founded in 2019, aims to pool the strengths of its more than 70 employees. The new headquarters at Schützengasse 16 near the main railway station will offer the opportunity for creative and interdisciplinary exchange, but also for individuality and retreat, according to the press release. The location is attractive for people interested in working here because of its excellent transport links to Basel, Bern and central Switzerland.
In terms of content, BLP Digital intends to focus on expanding its business activities in the German-speaking DACH region. More than 230 customers are already using the AI-based technologies in the field of ERP and process optimization and are using the products in more than 25 countries.
"Since this year, we have been focusing increasingly on the DACH region - specifically on manufacturing SMEs, large companies and retailers," Tim Beck, CEO of BLP Digital, is quoted as saying in the press release. "We are getting one step closer to our vision of removing repetitive tasks from our employees' everyday work every day." ce/ww
From left to right: Tim Beck, CEO of BLP Digital, and Sabrina Schenardi, co-founder. Image: Daniela Alceste, 2024 & Flatfox.ch
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Winterthur/Olten SO – Asian sales platforms and artificial intelligence (AI) will intensify competition in Swiss e-commerce. This is the result of a survey of online retailers conducted by the Zurich University of Applied Sciences (ZHAW) and the University of Applied Sciences Northwestern Switzerland (FHNW).
Researchers from the School of Management and Law at the Zurich University of Applied Sciences(ZHAW) and the University of Applied Sciences Northwestern Switzerland(FHNW) have investigated the extent to which AI and Asian platforms such as Temu and Shein are changing domestic online retail. According to a press release, data was collected from 624 online retailers for the 7th edition of a representative survey from March 27 to July 31, 2024. 516 retailers from business-to-consumer, business-to-business and manufacturer stores are based in Switzerland, while others come from Austria (85), Germany (11) and other countries (12).
The evaluation revealed the following picture: more than one in two retailers uses AI to create content, product texts and translations. Other areas include search engine optimization and the creation of images and videos. AI saves time, improves quality and increases sales through better reach in search engines. "AI has arrived in the digital economy in a short space of time and is not just a buzzword," says study director Darius Zumstein from the FHNW. In addition to many opportunities, 44 percent of retailers see AI as a challenge.
Competition with platforms such as Temu and Shein, on the other hand, primarily leads to strong price and cost pressure. It is said that affected retailers are trying to counteract this by offering high-quality, exclusive or sustainable products as well as good customer service and setting themselves apart. However, a total of 61 percent of the retailers surveyed stated that they had not yet experienced any impact from Asian competition. ce/heg
Asian sales platforms and AI will intensify competition in Swiss e-commerce, according to a study by the ZHAW and the FHNW. Image: zVg/ZHAW
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Zurich/Winterthur – Researchers at the Zurich University of the Arts (ZHdK) and the Zurich University of Applied Sciences (ZHAW) are using virtual reality for participatory design processes. Their innovative tool is being tested in the Gestalte Zürich project.
Researchers at ZHdK and ZHAW have developed an innovative tool for participatory urban design. Using virtual reality (VR), residents and those responsible are given the opportunity to experience planned redesigns virtually. For example, the effects of traffic-calming measures on road noise, space conditions or bicycle and pedestrian traffic can be experienced through the senses of sight and hearing.
In the Gestalte Zürich project, the researchers support the Zurich city administration in planning sustainable spaces in the city, explains the ZHdK in the project description. Gestalte Zürich is supported by the Office for Urban Development of the City of Zurich, the Municipal Civil Engineering Office and the Zurich Transport Authority. Other practice partners are the organizations myclimate, umverkehR and Fussverkehr Schweiz. Prototypes of the VR tool could be tried out at the Zurich Park(ing) Day on September 20. The project, which will run until next year, is funded by the digitization initiative. Its aim is to strengthen cooperation between Zurich's universities on the topic of digitalization. ce/hs
The researchers at ZHdK and ZHAW want to make the effects of planned urban design tangible for those affected and those making decisions using virtual reality. Symbol image: Gansharm Bdk/Pexels
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Schlieren ZH/Waltham – Thermo Fisher Scientific is now offering Spectronaut, the proteomics software from Biognosys, together with its own hardware for the analysis of DIA proteomics experiments. This facilitates access to Spectronaut for Thermo Fisher’s research customers.
Biognosys has signed an agreement with a reseller for its vendor-independent software for analyzing proteomics experiments. It means that Thermo Fisher Scientific, based in Waltham, Massachusetts, USA, which claims to be the world's largest supplier for scientific applications, can now offer its mass spectrometry devices together with the Spectronaut software from Biognosys. According to a statement from the Schlieren-based company, Spectronaut is considered the gold standard for proteomics data analysis using data-independent acquisition (DIA).
The added value of this agreement is the simplified access of Thermo Fisher's customers to a comprehensive and optimized system for researching the proteome, i.e. the entirety of all proteins in a cell or organism. Under the terms of the agreement, Biognosys grants Thermo Fisher the rights to list and sell Spectronaut directly in its own product catalog.
The new version Spectronaut 19 was presented in June at the 73rd Annual Conference on Mass Spectrometry and Related Topics in Anaheim, California. It offers algorithms supported by deep learning and improved scalability for the latest generation of instruments.
"Data analysis continues to be a key success factor for mass spectrometry-based proteomics, with enormous potential for further gains," Biognosys CEO and founder Dr. Oliver Rinner is quoted as saying. In many exciting areas, the field of DIA is still emerging as a state-of-the-art recording method. "And this co-selling agreement with Thermo Fischer is an important step towards better accessibility for its customers."
Biognosys is a spin-off of the Swiss Federal Institute of Technology in Zurich and is located in the Bio-Technopark Schlieren-Zurich. ce/mm
Thermo Fisher Scientific uses software from Biognosys. Image: Biognosys
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Zurich – Modulos is presenting its platform for the governance of artificial intelligence (AI) at GITEX Global in Dubai. It supports companies and organizations in the development and operation of AI products and services in new regulated environments.
Modulos AG presents its AI governance platform at the world's largest technology and start-up trade fair GITEX Global. It will take place in Dubai from October 14 to 18.
The platform supports organizations and companies worldwide in navigating the complex world of AI regulations. Founded in 2018 and based in Technopark Zurich, Modulos offers a solution for optimizing compliance, reducing risks and building trust.
"The Modulos AI governance platform empowers organizations to apply AI governance and drive AI forward, turning compliance into a strategic advantage," CEO and co-founder Kevin Schawinski is quoted as saying. According to the information provided, it uses a sophisticated AI infrastructure hosted on Azure AI. This ensures safety, rapid innovation and reliable performance.
In navigating the complex landscape of AI, Modulos, according to a self-description, "uniquely combines technological innovation with ethical responsibility and delivers truly impactful solutions". The company is a spin-off from the Swiss Federal Institute of Technology in Zurich. It is led by two of its professors. ce/mm
Modulos AG presents its AI governance platform at the GITEX Global trade fair. Image: zVg/Modulos AG
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The Zurich Centre for Creative Economies (ZCCE) has published the Swiss Creative Tech Startups Report 2024 in collaboration with Fuelarts, USA. A joint initiative that sheds light on the emerging creative tech sector in Switzerland.
The carefully crafted 100-page report provides a comprehensive insight into the creative tech ecosystem and highlights educational initiatives, venture support and various partnership opportunities, that promote growth in this dynamic sector. In addition to its academic contribution, the report provides an important basis for creative tech start-ups looking to establish and expand their activities in the various cantons of Switzerland.
The Swiss Creative Tech Startup Report 2024 fills a significant gap: Although the intersections of technology with sectors such as finance, health and biology have been extensively researched and strategically developed, the links with the creative industries have been overlooked until now.
This joint report highlights significant potential for Switzerland, which should be further developed in the coming years.
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Zurich – Octotronic and Visense have merged to form Octotronic AG. Both start-ups define themselves as architects for smart factories that tackle the scaling of digital transformation in manufacturing and create their own bridge between operating technology and IT systems.
The two Zurich start-ups Octotronic and Visense are now operating under one roof, Octotronic AG. The new company will be managed by members of both companies. In a final announcement under this company name, the experts in video analysis using artificial intelligence (AI) and low-code technology from Visense announced that they are joining forces with the smart factory integrators from Octotronic. The newly created company is based at Technopark Zurich.
As stated in the announcement also published by Octotronic, Octotronic AG defines itself as a smart factory architect with a mission to create a unified data architecture and analytics tools that address "the most difficult challenges facing the manufacturing industry" - scaling digital transformation and bridging OT and IT. IT/OT convergence aims to integrate physical operational technology (OT) assets and devices into the digital IT landscape.
Because Octotronic was not satisfied with its existing products, the company "joined forces with Visense to create OctoCore ", according to the joint statement. The proprietary data platform breaks down data silos and offers complete data transparency.
With the modules and the low-code environment, everything from simple dashboards to advanced AI use cases can be easily created.
Octotronic AG also offers smart factory consulting and integration services.
In the press release, the newly formed company proudly states that it is "embarking on the tasks ahead with a diverse team of founders and consultants". ce/mm
Octotronic AG, expanded to include Visense, is based in the Technopark Zurich. Image: Technopark Zurich
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Zurich – The start-up Apheros, which specializes in cooling electronics, has secured 1.6 million Swiss francs in a pre-seed financing round led by Founderful. Apheros has developed metal foams with special cooling properties.
The Zurich-based start-up Apheros has closed a pre-seed financing round of 1.6 million Swiss francs led by Founderful, according to a press release. The money from the Zurich-based venture capitalist is intended to accelerate the development and deployment of Apheros' metal foam-based cooling solutions.
Apheros, a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), has developed a new production method for metal foams with exceptional cooling properties. According to the start-up, Apheros metal foams are ideal for high-performance cooling applications and can be easily integrated into existing cooling systems. The products reduce energy consumption and cooling costs.
"There is an urgent need for more efficient cooling solutions," Gaëlle Andreatta, co-founder and CTO of Apheros, is quoted as saying: "The development of artificial intelligence is driving up the energy consumption of data centers exponentially, and inefficient cooling is the main culprit. Our unique metal foams have excellent heat exchange and fluid transport properties, especially in liquid and two-phase cooling."
"Our technology has the potential to set new industry standards and significantly reduce the environmental impact of cooling solutions worldwide," says Julia Carpenter, co-founder and CEO of Apheros.
Carpenter was named one of the ten most important female founders in Switzerland for her invention of Apheros' innovative metal foam production process. According to the press release, CTO Andreatta has 16 years of experience in research and development, technology transfer and start-up development. ce/gba
The two founders Gaëlle Andreatta (CTO, left) and Julia Carpenter (CEO, right). Image: Apheros
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Zurich/Dübendorf ZH – Swissloop has won three awards at the first European Hyperloop Week in Switzerland. The first research facility for the transportation system in vacuum tubes, Demo Tube, was also opened at the Innovation Park Zurich.
Swissloop was successful at the European Hyperloop Week, which took place in Switzerland for the first time from July 15 to 21, 2024. The team of students from the Swiss Federal Institute of Technology in Zurich (ETH), which has repeatedly won prizes in international competitions for many years, once again won three prizes for the further development of this means of transportation with magnetically levitating vehicles that travel through vacuum tubes.
Euro Tube awarded Swissloop the prize for vacuum compatibility. The non-profit foundation based in Dübendorf aims to become the leading knowledge center for Hyperloop vacuum transport technology and plans to open the world's first publicly accessible high-speed test track, Alpha Tube, and a research center in Valais.
Swissloop also received an award for scalability and came 3rd in the Complete System Award. As a technical innovation in the competition, the Dutch team Delft Hyperloop was able to demonstrate the lane change for the first time.
The largest of this annual event to date attracted 400 participants, including 360 students from 21 teams and around 45 jury members. A total of seven teams - the highest number in the history of the European Hyperloop Week - took part in the public demonstrations at the Innovation Park Zurich in Dübendorf. The first research facility for the development of Hyperloop infrastructure, DemoTube, was also opened at the site on July 19 in front of 400 visitors. ce/mm
Students test their self-developed Hyperloop vehicles during the EHW. Image: zVg/Swissloop
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Dübendorf ZH – NetFabric has closed an early financing round with 2.2 million dollars. These funds will be used to further develop a new approach to monitoring IT networks. The Zurich-based company addresses network diversity and the complexity of protocols.
NetFabric has received 2.2 million dollars in a pre-seed financing round. The round was led by the venture capital firms Founderful from Zurich and Playfair Capital from London. According to a press release from the start-up, which was founded in Dübendorf in April 2024, it intends to use the fresh capital to "revolutionize the world of network monitoring with a bold new approach" in order to avoid disruptive and cost-intensive network outages as far as possible. According to NetFabric, existing tools only offer rough insights into the complex world of networks because they are based on fragmented data. This leads to false alarms and incomplete problem solving. NetFabric addresses these problems by bringing together information from a variety of network sources: routing information, forwarding tables, device configurations and protocols. The result is a meaningful intelligence that enables a comprehensive and precise understanding of network problems. NetFabric achieves this by tackling two fundamental challenges: on the one hand, large language models are used for the differentiated representation of monitoring data from widely varying real IT networks in order to effectively handle non-standardized data sources and user queries. And secondly, because large language models are not sufficient for a systematic understanding of protocols, they are supplemented by mathematical models which, according to NetFabric, are based on a decade of academic research. ce/mm
NetFabric hat eine Frühfinanzierungsrunde mit 2,2 Millionen Dollar abgeschlossen. Bild: NetFabric
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Zurich/Lucknow – RTDT Laboratories has agreed with the Indian state of Uttar Pradesh to use its Aerosense technology to test the new Ganga Expressway. The road quality is assessed on 594 kilometers.
RTDT Laboratories AG, which specializes in the development of customized IT system software, has signed a commercial agreement with the government of Uttar Pradesh to use its Aerosense technology in a project to assess road quality on the Ganga Expressway, according to a statement. This newly built route is India's second-largest highway with a total length of 594 kilometers. The agreement was signed between the Chief Minister of Uttar Pradesh, Manoj Kumar Singh, and the co-founder of RTDT, Aris Mukherjee, at the government headquarters in Lucknow. It marks the beginning of a possible large-scale use of Aerosense in infrastructure projects in this federal state, according to the press release from the company, which was founded in 2002 as a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH). In Uttar Pradesh, a joint pilot project is being conducted to assess the road quality and ride comfort on the Ganga Expressway. Originally developed for wind turbine blades, the areas of application for Aerosense technology are now wide-ranging and include areas such as aerospace, defense, civil infrastructure and maritime sectors as well as mobility, according to a report on startupticker.ch. "This is a great opportunity for us. India is a very large market with a rapidly growing infrastructure, and we see great potential for the use of our technology in various application areas in the future," Aris Mukherjee is quoted as saying in the report. RTDT hopes to "expand into many other Indian states, especially in the wind energy sector, which remains our main focus". ce/gba
The agreement was signed between Uttar Pradesh's Chief Secretary Manoj Kumar Singh and RTDT's co-founder Aris Mukherjee and marks the start of a potential larger-scale deployment of Aerosense across infrastructure projects in the state.
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The question of whether and, if so, how artificial intelligence (AI) should be regulated is currently preoccupying many countries. The EU has created a comprehensive set of rules with the AI Regulation and the Council of Europe’s AI Convention is now also the first international treaty. But how should Swiss law respond to the challenges associated with the increasing use of AI in the state and in companies?
As part of the Mercator Foundation Switzerland-funded research project “Comprehensible algorithms: A Legal Framework for the Use of Artificial Intelligence“, the Center for Information Technology, Society, and Law (ITSL) at the University of Zurich and the electronic Public Institutions and Administrations Research Forum (e-PIAF) at the University of Basel developed approaches to solutions and published them in a series of white papers, which can be read here below in PDF format (german only).
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Zurich/Tel Aviv – 42matters becomes part of Similarweb. The Israeli and globally active app intelligence company intends to significantly expand its own app intelligence solution by integrating the data and expertise of the Zurich-based company 42matters.
42matters AG, based in Zurich, has been acquired by Similarweb, a global digital intelligence company based in Tel Aviv. Financial details were not disclosed. Founded in 2011, 42matters is backed by investors Gamma Capital Partners and Project A Ventures.
42matters has been a key partner for Similarweb's app intelligence offering for two years, providing essential data that helps app developers gain a competitive advantage. According to a statement from Similiarweb, the app data from 42matters includes twelve app store platforms, over 2.1 million publishers, more than 2,600 software development kits (SDK) and 20 million apps.
In particular, the inclusion of mobile SDK data from 42matters enables Similarweb to gain deeper insights into app development and usage patterns. For example, app owners receive information about their competitors' technology stacks, such as the use of app SDKs for integration with certain advertising channels.
In future, 42matters will operate under its own name as a Similarweb company. "Together, we will continue to innovate and offer our customers unique insights," CEO Andrea Girardello is quoted as saying. "As part of the Similarweb team, we will continue to serve our existing customers and help them integrate app data with web data to get a more complete picture of the digital world." ce/mm
Similarweb aims to significantly enhance its own app intelligence solution through the integration of data and expertise from 42matters. Symbol image: tungnguyen0905/Pixabay
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Zurich/Zug – SkyCell has closed a Series D financing round in the amount of 116 million dollars. These funds will be used to expand SkyCell’s global presence. Two new investors are significantly expanding Skycell’s presence in the USA and Asia.
SkyCell, headquartered in Zug and Technopark Zurich, has received 116 million dollars in fresh capital in a Series D financing round. According to a statement, these funds will be used to expand the company's global presence. SkyCell intends to focus on growing its temperature-controlled door-to-door air freight containers for sensitive pharmaceutical products in North and South America, EMEA and Asia.
This expansion will be facilitated by the two new investors. Tybourne Capital, headquartered in Hong Kong, manages long-term capital on behalf of prominent charitable organizations, foundations and pension funds. CCI, a Chicago-based subsidiary of Henry Crown and Company, invests in growth companies that focus on environmental sustainability.
"Having established the technological foundations in cold chain hardware and software/IoT-enabled tracking, this investment enables us to commercialize our platform in adjacent pharma market segments, significantly expanding our total addressable market beyond cold chain packaging," Skycell CFO Dr. Remo Gerber is quoted as saying.
According to CEO and co-founder Richard Ettl, the latest reusable container saves an average of 50 percent CO2, or 8 tons of CO2 per use in absolute terms. And finally, digitalization is finding its way into the pharmaceutical supply chains. "Combined with the power of AI, this enables our customers to significantly reduce costs and risks. With this new investment, we can further optimize supply chains and create truly sustainable logistics." ce/mm
From left: Remo Gerber (CFO of SkyCell) and Richard Ettl (CEO of SkyCell) are pleased about fresh funding for SkyCell. Image: SkyCell
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Zurich – Optiml has received three awards just over two months after entering the market. Optiml won the ZIA PropTech of the Year Award, a start-up award from the W.A. De Vigier Foundation and second place in the start-up competition venture for its B2B software for the refurbishment and decarbonization of properties.
Optiml has won three prestigious awards just over two months after launching its NetZero investment and renovation planning for the real estate industry in June 2024, according to its press release. The company, based in Technopark Zurich, was presented with the ZIA PropTech of the Year Award in Berlin by the German Property Federation (ZIA), under the patronage of CBRE, the world's largest real estate services and investment company based in Dallas, Texas. Optiml also received a W.A. De Vigier Award from the Solothurn foundation of the same name. And in the Venture Startup Competition, the company took 2nd place in the ICT category.
"With its NetZero investment and renovation planning, Optiml offers a digital solution for one of the most pressing pains of our real estate decade," said Prof. Dr. Verena Rock, chair of the ZIA Awards jury, at the award ceremony, according to a statement from the ZIA. "With this solution, budgets, cash flows and returns can finally be digitally mapped at asset and portfolio level during energy-efficient refurbishment."
The renovation and decarbonization software of the spin-off of the Swiss Federal Institute of Technology in Zurich, founded in 2022, is based on years of research in the ETH Sustainability and Technology Group(SusTec). It uses science-based optimization algorithms and artificial intelligence.
According to Evan Petkov, CEO and co-founder of Optiml, the awards confirm "that the industry has never seen anything like it for remediation or decarbonization plans". Optiml now wants to convince the DACH region and then Europe of its software. ce/mm
Optiml has already received three awards just over two months after entering the market. Image: courtesy of Optiml AG
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Zurich – Circunis has been online since April 23, 2024. On the new B2B marketplace from CEO and co-founder Olivia Menzi, businesses can register their surplus food or search for it specifically. Over 60 tons of fruit, vegetables and pulses were already on offer at the start.
Surplus food can now be traded on Circunis. Farms can offer their surplus produce on the platform or search specifically for the Swiss fruit and vegetables they need. The B2B marketplace of the Zurich-based association Mehr als zwei is the first to create a nationwide basis for ensuring that food remains in the cycle instead of ending up in the bin. In this way, Circunis wants to contribute to the national goal of halving food waste by 2030.
"Most companies want to operate more sustainably," CEO and co-founder Olivia Menzi is quoted as saying in a press release. "Circunis now offers the necessary network - and it's very quick and easy." Initial success stories from the pilot phase have shown that the sale and purchase of surplus food is not only sustainable and therefore sensible, but also economically worthwhile. Circunis cites criteria such as additional revenue instead of disposal costs, freed-up storage space, time savings and attractive purchasing conditions.
The implementation of the project is made possible by the Migros Pioneer Fund and the Seedling Foundation. The annual fee for using the B2B marketplace is based on the company's turnover and starts at CHF 250. New participants receive a 50 percent discount on the first annual fee until the end of September 2024. ce/mm
The team behind Circunis from left to right: Fiona Wicki, Olivia Menzi, Corina Koster, Micha Krautwasser, and Karin Friedli. Image: Circunis
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From today, producers can register their surpluses on the new B2B marketplace Circunis and offer them for trade. Interested buyers can find over 60 tons of food on circunis.ch right from the start. Behind this is the association Mehr als zwei. Migros Pioneer Fund and Seedling Foundation make implementation possible.
Frozen Swiss vegetables, fruit and pulses are just some of the more than 60 tons of foodstuffs that are listed on the Circunis B2B marketplace at launch. Companies can not only record their surpluses, but also search specifically for the food they need. This makes it easy to see and trade food surpluses throughout Switzerland. Trade takes place directly from farm to farm. Circunis serves as a bridge builder and connects producers, food processors, system and care gastronomy as well as wholesalers.
"Most businesses want to operate more sustainably. Circunis now offers the necessary network for this - and it's very quick and easy," emphasizes co-founder Olivia Menzi.
Sustainable and economic benefits for participants
Initial success stories from the pilot phase show that the sale or purchase of surplus food not only makes sustainable sense, but is also economically worthwhile: additional income instead of disposal costs, freed-up storage space, time savings and attractive purchasing conditions.
Circunis participants have full access to the B2B marketplace circunis.ch and benefit from an easily accessible and Switzerland-wide network. The annual fee is based on the company's turnover and starts at CHF 250/year.
Important basis for a Swiss-wide cycle
Today, around 40% of all food worldwide is overproduced and ends up as waste. Switzerland has set itself the goal of halving its food surpluses by 2030. The new B2B marketplace of the Mehr als zwei association is the first to create a basis for establishing a Swiss-wide cycle for dealing with surpluses. The implementation of the project is made possible by the Migros Pioneer Fund and Seedling Foundation.
→ Find out more now at circunis.ch and contribute to a sustainable Swiss food industry together. New participants receive a 50% discount on the first annual fee until the end of September 2024.
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Schlieren ZH – HeiQ introduces a product for the production phase that eliminates persistent odors in feathers and down. It is completely bio-based and, according to HeiQ, solves a problem that no one has solved before: It breaks down the odor-forming components of fat from geese and ducks.
HeiQ is adding an anti-odor product for down and feather products to its HeiQ Fresh range. It is used in the production phase to remove the persistent odor of the natural duck and goose fat with which the animals impregnate their feathers. The HeiQ product uses a combination of pre- and probiotics, so-called synbiotics, which help to break down the odor-forming components. According to a press release, it was developed to combat the "persistent, unpleasant odor often associated with down jackets, comforters and pillows".
This innovation will be presented in the Swiss pavilion at Techtextil, the leading international trade fair for technical textiles and nonwovens. It will take place from April 23 to 26 in Frankfurt am Main.
"The new addition to the HeiQ Fresh range addresses a real problem that many brand partners and manufacturers have been facing for decades," Mike Abbott, Head of HeiQ's Textiles & Flooring business unit, is quoted as saying. "By taking bad odors out of the equation, we also remove a relevant barrier to the purchase of feather and down products - a problem that no one has been able to solve until now." ce/mm
HeiQ introduces a product that eliminates persistent odors in feathers and down. Image: HeiQ
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“How can artificial intelligence be used responsibly in education?” 250 teachers, head teachers and people interested in education from politics and business explored this question at the 14th Zimmerberg-Sihltal Education Conference.
Artificial intelligence (AI) and its seemingly unlimited possibilities have been around for 70 years. Today, the topic is omnipresent: a total of seven presentations on the topic of the education conference "AI - an opportunity for education" focused on the responsible use of AI in education. Philippe Wampfler and Christian Coenen gave concrete recommendations and tools on how modern school teaching with AI works.
For example, does it still make sense to write a Matura essay? AI can help to write better texts. "School examinations need to be adapted," recommends Wampfler. The students of tomorrow should know how to use the tools to their benefit without neglecting their own learning effect and skills development. For teachers, in turn, this means conscious control and didactic know-how when using AI tools.
No fear of AI
Klementina Pejic used the example of Swisscom to show what impact AI will have on our working world. She spoke openly about employees' fear of one day being replaced by an AI. Her conclusion: an unfounded fear! Ted Talk speaker Manu Kapur rounded off the conference by illustrating the general future of learning in the age of AI.
What became clear in all the contributions at the conference: It is not a question of whether AI will replace us, but rather how we use AI in such a way that it can be a helpful tool for us.
Sponsors of the 14th Education Conference: Swisscom AG, u-blox AG, Hasler Foundation, UBS and ZIS Zurich International School. The planning for the 15th Education Conference on March 25, 2025 has already begun. This will once again take place at the Gottlieb Duttweiler Institute in Rüschlikon.
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Zurich/Freienbach SZ – The non-profit Hashgraph Association and Trust Square are joining forces to support innovative deep tech companies and their founders. Following the first coworking space in Zurich, more are being planned around the world, including soon in Riyadh, Saudi Arabia.
The Hashgraph Association (THA) from the canton of Schwyz and Trust Square from Zurich announce a strategic partnership. According to a press release, it will provide entrepreneurs and companies with all the necessary facilities, tools and technologies "to develop ground-breaking deep tech solutions that leverage the convergence of AI, blockchain/DLT, robotics, IoT, VR and quantum computing".
The first result of their cooperation is the opening of the Trust Square Coworking Innovation Space in the Brannhof on Zurich's Bahnhofstrasse. In addition to the space, this partnership also reportedly provides cutting-edge technologies such as Hedera's DLT network, connecting companies, start-ups, technology and service providers, and joint use case discovery and validation.
Marc Degen, Co-Founder and Chairman of Trust Square, speaks of an "exciting opportunity" for start-ups and entrepreneurs in Switzerland: "Trust Square has found a kindred spirit in THA: We are both committed to bringing founders, companies, investors and academics together and enabling them to pursue their visions in an open and diverse environment."
The partners intend to establish hubs worldwide. According to Kamal Youssefi, President of the THA, the aim is to connect Switzerland with the Middle East, Africa and the Asia-Pacific region. "We will soon be launching our DeepTech Venture Studio in Saudi Arabia through Trust Square Riyadh, having already signed a strategic partnership with the Saudi Ministry of Investment." ce/mm
The Hashgraph Association and Trust Square will jointly support innovative DeepTech companies in the future. Image: DeltaWorks/Pixabay
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From small deeds to big successes: Your path with the circular economy
The Zürioberland location promotion agency and the Uster location promotion agency held the first Innovation Apéro in Uster at Uster Technologies AG on March 11, 2024. The event provided insights into the circular economy and its application in practice. A subsequent lunch offered the opportunity to learn more about theoretical knowledge and practical applications.
Around 60 entrepreneurs and managers from Uster and the Zurich Oberland took part in the event on March 11 and engaged in a lively discussion with experts on the topics of sustainability, the circular economy and innovation. Bank BSU from Uster was welcomed as a partner organization. It has been working on this topic for many years and has set up an internal committee with representatives from all divisions. In order to measure the success of the measures implemented, a sustainability reportis produced every year and Bank BSU's carbon footprint is measured.
After the welcoming address by the host Davide Maccabruni(CEO Uster Technologies AG), the program began with a presentation by Prof. Olaf Holstein on the topic of "Circular economy - the key to the future". He highlighted the challenges for strategic management and also for the next generations. He cited the reduction of energy consumption and raw materials as the main focus. Production, trade and sales are to be rethought. New products are to be made from old raw materials.
Renato Vögeli (Managing Director) from Druckerei Vögeli AG used practical examples to show how the printing industry can also succeed in making products 100% recyclable. The Emmental-based print shop has entered into partnerships with print shops in Austria and Denmark.
Eva Bergmann from Step Zero AG showed how a 100% recyclable sneaker makes Step Zero AG's mission a reality. Step Zero AG replaces synthetics to enable a circular footwear industry. An outsole that is 100% biodegradable and therefore does not release microplastics when worn is already available today. An important insight of Step Zero AG: "Small steps bring great success".
Anja Schleth (Project Manager) from Uster Technologies AG presented her company's commitment to sustainability. The company is particularly proud of its "great place to work" certification. Uster Technologies Ltd has developed a vision and mission for the complex issue of sustainability from the bottom up, i.e. from the grass roots, with volunteers.
During the subsequent networking aperitif, experts discussed with the guests and exchanged experiences and insights.
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More InformationPaulina Grnarova is the co-founder and CEO of DeepJudge, an AI-powered Knowledge Search for legal professionals. She holds a PhD in Computer Science from ETH. Philippe Ganz is the CEO and co-founder of aiEndoscopic, a medtech startup combining artificial intelligence with robotic endoscopy. He holds a MSc in Biomedical Engineering from ETH.
During their chat with Silvan, Philippe and Paulina discussed some of the commons topics of starting your first company, like which values to cultivate in your founder team and how to set up a shareholders agreement that foresees all future possibilities, whether to go for grants or equity rounds as a science-heavy startup, and the guiding principles of building an MVP.
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Zurich – Nanoflex Robotix from the Greater Zurich Area and Brainomix from Oxford will collaborate on the development of remotely controlled vascular interventions after stroke. For this, Nanoflex Robotics will receive 400,000 Swiss francs from Innosuisse and Brainomix will receive 400,000 pounds from Innovate UK.
Nanoflex Robotics and Brainomix, a spin-off from the University of Oxford, are receiving funding under the "UK - Switzerland Bilateral: Collaborative R&D" bilateral cooperation program. Nanoflex Robotics, a spin-off from the Swiss Federal Institute of Technology Zurich founded in 2021, is being supported by the innovation promotion agency Innosuisse with 400,000 Swiss francs, while Brainomix is being supported by the British innovation agency Innovate UK with 400,000 pounds (438,000 Swiss francs).
Starting in 2024, the two companies will collaborate to develop an artificial intelligence-assisted magnetic navigation system for robotic surgical tools. The project aims to take advantage of Artificial Intelligence to optimize Nanoflex Robotics' state-of-the-art magnetic robotic navigation system for the world's first remotely controlled application for the surgical removal of a blood clot from a blood vessel (thrombectomy), explains George Harston, M.D., chief medical & innovation officer at Brainomix, in a Media release from his company, «This is intended to transform stroke treatment options and improve outcomes for sufferers.»
Christophe Chautems, co-founder and CTO of Nanoflex Robotics, points out the fundamentally important time factor: «By providing better and earlier access to mechanical thrombectomies with our remotely controlled robotics platform, we hope to give more people the chance to live independently after a stroke.» ce/mm
Innovation Hubs
Founded in December 2019: House of Insurtech Switzerland AG (HITS) is a subsidiary of Generali (Switzerland) Holding Ltd. An InsurTech Corp-Up Studio (Corp-Up is when a Corporate co-creates a solution with a start-Up), that builds innovative solutions with Generali Business Units (BUs) and start-ups that address challenges and create value for Generali.
We are a team of skilled innovation professionals who are experienced in partnering with Startups: starting from BUs needs, co-create prototypes of new products and services, which are fed back into Generali’s BUs.
The direct network currently includes more than 34 start-ups with knowledge from various technology areas including blockchain, AI, and digital payment and insurance. Partnerships with universities, technology providers, incubators, and accelerators complement the ecosystem. Innovation is offered within the network as a service to companies.
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Zurich – The start-up Jua.ai has secured around 9 million Swiss francs (11 million dollars) in a Series A financing round. Jua wants to accelerate the market launch of its Earth Intelligence Platform, which is designed to enable energy traders to make faster and more reliable decisions.
(CONNECT) Zurich-based start-up Jua.ai has closed a Series A financing round worth over 9 million Swiss francs, according to an article on startupticker.ch. The financing round was led by Ananda Impact Ventures and Future Energy Ventures and supported by existing investors such as 468 Capital and Promus Ventures. Jua plans to use this to accelerate the market launch of its Earth Intelligence Platform. This should enable a more precise weather forecast and thus support energy traders in making faster and more profitable decisions.
The platform is powered by Jua's artificial intelligence (AI) model EPT-2.0 and is designed to significantly outperform the weather forecasting performance of conventional numerical weather models and AI models of large technology companies. Precise weather forecasts are particularly important for sectors such as energy, agriculture, aviation and shipping. The AI-based earth simulation is intended to provide a consistent and physically simulating platform in the face of increasing weather extremes and weather changes in order to enable reliable decisions in various sectors.
Jua 2024 has already secured around 13 million Swiss francs in its seed financing round. As part of this year's capital increase, Marvin Gabler, co-founder and architect of EPT-2.0, has now been appointed as the new CEO. He succeeds Andreas Brenner, who has managed Jua since it was founded in 2022. With Gabler at the helm, the company intends to focus on scaling its platform in the energy sector and expanding into new markets. “With our Earth Intelligence Platform, we have transformed the world's most advanced Earth simulation into a practical decision-making machine,” Gabler is quoted as saying in the article. “This is a fundamental step towards shaping our planetary future.” ce/nta
The Zurich-based start-up Jua.ai wants to accelerate the market launch of its AI-based climate intelligence platform. Symbolic image: Tom Fisk/Pexels
Universities
The ZHAW Institute for Innovation and Entrepreneurship researches, teaches and advises in the areas of business innovation, innovation systems and entrepreneurship.
As a research and working partner, we support companies and other players in economic systems in the development of entrepreneurial initiatives as well as in the analysis, design and management of innovation processes and cross-actor innovation networks.
Our concept for success: the well-founded integration of innovation and technology management with entrepreneurship and their close interlinking in research and practice,
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AI is not a magic wand, but it is a powerful tool. Realizing their full potential requires more than just technology: context-based prompting, common sense and critical thinking. These skills should become a compulsory subject in companies. Because only those who have mastered them can really exploit the full potential of AI, automation and agent-based systems. At the same time, cybersecurity, data protection and a vigilant mindset remain key principles in everyday digital life.
In today's digital era, where artificial intelligence (AI) and automation are becoming increasingly important, it is essential that companies and their employees prepare themselves for the new challenges and opportunities. A key aspect of this preparation is context-based AI application and prompting, which should be considered a compulsory subject in combination with common sense and critical thinking.
The importance of context-based prompting and dealing with AI
Context-based AI application and prompting refers to the ability to use AI systems and tools to deliver relevant and accurate results. This requires a deep understanding of the context in which the AI is used, as well as the ability to ask the right questions and use the right data. In practice, this means that employees must be able to understand the specific requirements, processes and goals of their organization and incorporate this information into their interactions with AI systems.
An example of the importance of context-based AI application and prompting can be found in the integration of AI in Microsoft 365. Tools such as Microsoft Copilot, Teams and Power BI can be used here to improve efficiency, the basis for decision-making and ultimately decision-making. However, this requires users to ask the right questions multiple times if necessary and use the right contextually appropriate data to achieve the desired results with multiple iterations if required.
Lifelong learning, adaptability and analogy to the queen “duck”
Dealing and interacting with AI will soon be just as important as learning to speak, write and read. These skills should be considered a compulsory subject and an important discipline in lifelong learning. From a humorous point of view, dealing with AI and especially with AI agents brings humans closer to the “king of the animal kingdom”, the duck. This duck can swim, dive and even fly. The duck is also highly adaptable and can find its way around streams, (data) rivers, ponds, lakes and sometimes even (data) seas. Perhaps people with such powerful tools (toolset) and skills (skillset) will also be able to “take off” and “fly in the technology universe” in increasingly (ag)entic working methods, at least in their thoughts and mindset.
Common sense and critical thinking
In addition to context-based prompting, common sense and critical thinking are crucial for the successful use of AI. Common sense helps to interpret and evaluate the results of AI systems, while critical thinking makes it possible to question the underlying assumptions and data. This is particularly important because the technical basis of deep learning makes transparency difficult and therefore requires careful evaluation of the results by users.
Another important aspect is the ability to take contextual factors into account, such as the practicability of the results. This requires a deep understanding of the organization's specific requirements, processes and goals as well as the ability to incorporate this structured information into interactions with AI systems.
The role of education and training
To ensure that employees are able to use context-based prompting, common sense and critical thinking effectively, comprehensive education and training is required. This includes both technical training on the use of AI tools and training to develop critical thinking and problem-solving skills.
One example of such training is the Digital DNA programme, which aims to promote employees' digital and technological skills while strengthening their ability to organize themselves and build resilience. By combining technical training and the development of soft skills, employees can be better prepared for the challenges and opportunities of digital transformation and AI readiness.
Preparation for the dynamic, agentic further development of AI
Dealing with AI tools and context-based prompting is not only relevant for current requirements, but also an important preparation for the very high dynamics and further massive technological developments in AI. Particularly in the areas of “agentic AI” and “networked agents”, it is expected that these technologies will be able to take over certain steps and interactions semi-autonomously or fully autonomously in the future.
Agentic AI uses the collective intelligence of several agents to automate decision-making processes and increase efficiency. These agents and new AI tools can split complex tasks into several, even separate steps (“chain of thought”) and perform “reasoning” in favor of the end results, such as travel planning or interaction with other agents from different applications or portals. The ability of these agents and AI tools to learn autonomously, “critically query” when necessary, adapt and make decisions will revolutionize the way companies work and make decisions. This also means that applications based on “low code” or “no code” are developed by the company's own employees or internal experts, thus achieving further progress.
Ongoing homework in cybersecurity remains
In addition to the new challenges and opportunities that AI brings with it, there is also older homework that continues to be of great importance. Especially in the area of cybersecurity, the zero trust principle, data protection and data security, it is crucial to remain critical and highly sensitized. This includes ongoing cybersecurity awareness and critical thinking, which help to avoid falling into a dangerous belief in the system and being deceived by false prompts or even disinformation and “deep fakes”.
The zero trust principle states that users, systems, outputs and results should never be automatically trusted and is a central component of modern cybersecurity strategies. It requires continuous review and validation of all access, rights and outputs to ensure that only authorized users and devices have access to sensitive data and systems. Data protection and data security also remain a top priority, as threats from cyber attacks and data breaches are constantly increasing.
Open in spirit, critical in thought, intelligent in action: Compulsory subject for the future
In a world where AI and automation are becoming increasingly important, it is essential that companies and their employees prepare for the new challenges and opportunities. Context-based prompting, dealing with AI, common sense and critical thinking are key skills that should be considered a compulsory subject. Through comprehensive education and training, employees can be enabled to use these skills effectively and thus improve efficiency and decision-making in their organization. In addition, the use of AI tools and context-based prompting is an important preparation for the dynamic development of AI, especially in the areas of agentic AI and networked agents, which will play an increasingly important role in the future. At the same time, the older homework in the areas of cybersecurity, the zero trust principle, data protection and data security must not be neglected. Critical thinking and continuous awareness-raising are crucial to avoid falling into a dangerous belief in the system and jeopardizing the security of the organization or the integrity of relevant decision-making bases.
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Don’t miss the 3rd edition of this day
On July 3, 2025, everything will revolve around the competitiveness of SMEs. Under the motto “Fit for the future together: Making a big impact with small levers”, the focus is on digitalization, sustainability, employer attractiveness and financing. The Innovation Day offers practical presentations and workshops in which concrete solutions to current challenges are discussed. Take a look at the extensive program and choose the items that suit your needs.
It is definitely worth being there and benefiting from the practical impulses and the many opportunities for exchange!
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Winterthur – Baker Street GmbH has been honored with this year’s German Digital Award in the Digital Installations/Events (VR/AR) category. The Winterthur-based digital agency received the silver trophy for its trade fair presentation “Komm ins Team Zukunft”.
(CONNECT) The digital agency Baker Street, based in Technopark Winterthur, has received the silver trophy of the German Digital Awards 2025. According to a press release, it received the award in the Digital Installations/Events (VR/AR) category for the “Komm ins Team Zukunft” trade fair experience.
The project was developed together with the employers' association of the Zurich electrical industry, EIT.Zürich. The idea is to get young people interested in training in the electrical industry. It was designed to give young people an insight into electrical professions at the Zurich careers fair. The project was divided into five experience sections: a virtual reality mission with character Volty on interactive motion chairs, an Apple Vision Pro Experience, a 360-degree experience on a climbing pole, a real hands-on electrical workshop and an escape room requiring teamwork and logical thinking.
The success of this project was reflected in a threefold increase in the number of hits on a young talent platform and a 260 percent increase in online applications compared to the previous trade fair period. In addition, the project was also carried beyond the boundaries of the Zurich trade fair, ce/ww
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Zurich/Opfikon ZH – NanoFlex Robotics has won the final of the ZKB Pionierpreis Technopark 2025 against Ex Nunc Intelligence and irmos technologies. The start-up with its telerobotic solution for endovascular interventions received the main prize from the jury as well as the audience award.
(CONNECT) NanoFlex Robotics AG has won the ZKB Pionierpreis Technopark 2025 endowed with 100,000 Swiss francs, Zürcher Kantonalbank (ZKB) and the Technopark Zurich Foundation announced in a press release. The spin-off from the Swiss Federal Institute of Technology in Zurich (ETH), based in Opfikon, beat Ex Nunc Intelligence SA from Lausanne and irmos technologies AG from Technopark Zurich in the final.
The audience award also went to NanoFlex Robotics. The two co-finalists were each awarded 10,000 francs. The ZKB Pionierpreis Technopark has been recognizing deep tech projects that are about to enter the market for over 20 years.
NanoFlex Robotics has developed a telerobotic solution for endovascular interventions. The Remote Intervention System (RIS) uses magnetic fields to guide the tips of endovascular instruments. The compact magnetic field unit is mobile and can also be controlled remotely.
The Silex cloud platform from Ex Nuc Intelligence helps lawyers and interested laypersons to clarify legal issues. The continuously updated database uses machine learning and natural language processing to analyze the questions. Silex covers all sources of Swiss law.
Irmos technologies is dedicated to monitoring the condition and load of bridges and other structures. The ETH spin-off uses cost-efficient sensors to record real-time data on vibrations, oscillations and displacements in the building fabric. The data is used to calibrate computer models. ce/hs
The Nanoflex Robotics team won the main prize and the audience award at the ZKB Pionierpreis Technopark 2025. Image: zVg/Foundation Technopark Zurich
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Schlieren ZH – CUTISS has been granted a patent in the USA for its technology for the automated production of tissue for skin transplants. On the basis of this technology, CUTISS will drive forward its collaboration with laboratory technology manufacturer Tecan.
(CONNECT) CUTISS AG, which specializes in skin grafts, has been granted a new patent in the USA for a core element of its automated platform for the production of human skin grafts, according to a press release. This protects a key component of the automated tissue engineering process for denovoSkin, which is currently in the late phase of clinical development for skin surgery, the company states in the press release.
To date, CUTISS has collaborated with the technology innovation center CSEM in Neuchâtel NE and innovation promoter Innosuisse in Bern on developments to automate its technology. According to the press release, this work will now be continued with Tecan, a company based in Männedorf ZH that specializes in laboratory automation. The new patent supports CUTISS' broader strategy to industrialize personalized skin tissue therapy through standardization, reproducibility and scalability.
denovoSkin, as described by CUTISS, is a personalized, bioengineered dermo-epidermal skin graft that is harvested from a small biopsy of the patient's healthy skin and expanded to produce large amounts of new skin. The aim is to significantly reduce the need to remove healthy skin, scarring and the need for subsequent surgical interventions.
CUTISS was founded in 2017 as a spin-off of the University of Zurich and is based at the Bio-Technopark Schlieren-Zurich. ce/gba
The US Patent Office (pictured: the office in San Jose) has granted CUTISS a patent for its technology for the automated production of tissue for skin transplants. Symbolic image: Flickr/Will Buckner
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Zurich/Morges VD – Saipient AG has tested its artificial intelligence (AI)-based software for simplifying administrative work in the medical sector at the Ensemble Hospitalier de la Côte. Once the pilot project has been successfully completed, the software will be rolled out across the entire hospital group.
(CONNECT) Saipient AG and the Ensemble Hospitalier de la Côte (EHC) have completed a pilot project to simplify the administrative work of doctors, Saipient informs in a post on LinkedIn. Specifically, EHC orthopaedic surgeon Dr. Stefan Bauer tested the Isaac software developed by Zurich-based Healthtech. "With Isaac, I have noticed a remarkable reduction in the time spent on administrative tasks," Bauer is quoted as saying in the article. "This AI solution allows me to spend more time with my patients and significantly improves the quality of my daily workflow."
Based on the positive results of the pilot project, Isaac is now to be rolled out across the entire hospital group. "The pilot phase clearly demonstrated Isaac's impressive potential," explains EHC CIO Frédéric André in the article. "We see significant benefits in the widespread introduction of Isaac in our organization." Daniel Gasteiger, co-founder of Saipient AG and responsible for the EHC, sees the partnership with the EHC as confirmation of "Isaac's versatility as a multilingual AI solution that can effectively support service providers in all regions of Switzerland". ce/hs
The Ensemble Hospitalier de la Côte and Saipient AG are joining forces to simplify administrative work in the medical field. Symbolbild: Herbert II Timtim/Pixabay
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Switzerland is regarded as an innovation location with a high density of promising scale-ups. Three of them – Relai, Typewise and Delvitech – recently received the SEF.Growth High Potential Label. This label is only awarded to companies with exceptional growth potential. A look at their success stories shows how they are turning the market upside down.
Relai: Bitcoin investments rethought
Relai makes buying Bitcoin as easy as buying a cup of coffee. The app enables direct Bitcoin investments without cumbersome registration processes or intermediaries. Relai was founded in 2020 by Julian Liniger and Adem Bilican with the aim of making access to Bitcoin simple and secure for everyone. Since then, the FinTech has gained over 100,000 users and achieved a trading volume of more than 600 million US dollars.
The focus on self-custody of bitcoins and regulatory clarity in Switzerland gives Relai a decisive competitive advantage. With its auto-invest feature for recurring purchases, the company is targeting millennials, SMEs and high net worth individuals. CEO Julian Liniger emphasizes that Relai wants to establish itself as the leading platform for Bitcoin investments in Europe. The scalability of the business model and the growing demand for Bitcoin make Relai one of the most exciting FinTech scale-ups in Europe.
Typewise: AI revolutionizes customer service
Typewise started out as an intelligent smartphone keyboard - today it is an AI-supported platform for companies. Customers such as Unilever, Signify and DPD use the solution to reduce service response times by up to 50%. The technology integrates seamlessly into existing systems and ensures efficient, scalable customer interactions.
Typewise was founded by David Eberle and Janis Berneker. CEO David Eberle explains that the company is focusing on strategic expansion and pursuing sustainable growth.
With a customer retention rate of 100% to date and a conversion rate of 80% for pilot projects, Typewise focuses on long-term contracts and a strong market position in Europe. The next steps? Expansion into the DACH region, the further development of AI agents for even more autonomous customer interactions and the targeted market entry in the USA. AI-driven customer communication is becoming increasingly relevant - Typewise is ideally positioned to dominate this market.
Delvitech: Preventing errors in production before they occur
In electronics production, precision and speed are crucial to success. Delvitech takes optical inspection to a new level with AI: instead of just detecting faulty components, the self-learning platform optimizes production processes to avoid errors in the first place.
Delvitech was founded in 2018 and, under the leadership of CEO Roberto Gatti, the company has grown from an ambitious start-up to a leading player in the AOI industry. With locations in Switzerland, Germany, India and the USA, Delvitech has established itself as a technology leader. The systems are flexible, drastically reduce false alarms and improve quality assurance through continuous learning.
The company is expanding specifically into the Asian semiconductor market and is relying on strategic partnerships to further expand its leading position. CEO Roberto Gatti sees Delvitech on a clear growth trajectory: "Scaling a deep tech company requires more than innovation - it requires strategic execution and the right ecosystem. The SEF.Growth program helped us refine our approach and accelerate our impact."
SEF.Growth as a springboard for scalable innovations
The SEF.Growth High Potential Label confirms the market potential of these companies and opens doors to investors and strategic partners. The Swiss scale-up landscape impressively demonstrates that targeted innovation, strategic growth and regulatory clarity are the ingredients for sustainable success.
Relai, Typewise and Delvitech are examples of a new generation of technology companies that are transforming markets - and driving the Swiss economy forward as a location for innovation.
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Zurich – Technopark Zurich has officially opened its AI Startup Center. It aims to bring together start-ups and established companies in the field of artificial intelligence (AI). It builds on an already dense network of AI players in and around Zurich.
(CONNECT) Switzerland is already an important location for artificial intelligence. The AI Startup Center, which officially opened at Technopark Zurich on February 5, will now also provide a place where selected startups and established companies as well as investors can come together under one roof. "If Switzerland is an AI nation, then Zurich is its capital," said Christian Hugo Hoffmann, Director of the AI Startup Center, at the opening event.
Yuon Control from Burgdorf BE is the first start-up to move into the new AI Startup Center. It offers operators of district heating networks an AI-supported tool to break the load peaks in the heat supply and thus increase the capacity of their networks by a quarter. Seven smaller district heating networks are already using it and, according to CEO Sebastian Hersberger, iwb in Basel and Energie 360° are now also preparing to use it.
Octotronic is building a holistic data platform that enables industrial companies to intuitively build AI-powered tools for their operations. According to COO Christian Reich, companies such as ABB and BMW are already using the solution. "With our solution, even non-AI specialists can train their machines."
Irmos Technologies, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), is making bridge maintenance more efficient. Their intelligent algorithms analyze the data with low-cost sensors, making it easier to monitor the condition of the building. More than ten customers are already using the application, says Samuel Ward. "We are now open for the first round of financing."
The AI Startup Center relies on collaboration with partners such as the ETH AI Center. "Zurich is one of the densest AI ecosystems in the world," said its head Daniel Naeff.
George Khneysser sees a great opportunity for the Zurich AI ecosystem. "We are witnessing the birth of an extraordinary transformation," says the General Partner of QBIT Capital. Switzerland offers a strong foundation for the development of start-ups in the field of AI. Accordingly, his company has so far invested exclusively in Swiss start-ups. The capital, in turn, comes from all over the world. Like MAN Energy Solutions and Siemens, but also Wenger Vieli and SCS, QBIT is a member of the AI Startup Center. ce/stk
Christian Hugo Hoffmann, Director of the AI Startup Center, in conversation at the opening event at Technopark Zurich. Image: zVg/Technopark Zurich
Universities
ZHAW entrepreneurship is the strategic initiative of the ZHAW that promotes entrepreneurship and innovation in teaching and practice. As an Entrepreneurial University, we not only implement entrepreneurship in theory, but also create scope for innovative ideas. We support students, employees and founders in transforming their ideas into marketable innovations. ZHAW entrepreneurship makes entrepreneurship an integral part of the university – practical, interdisciplinary and impact-oriented. Through targeted programs, networks and partnerships with industry, we create an ecosystem that brings entrepreneurship to life and provides sustainable economic impetus.
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Zurich/Sabadell – Netgen Switzerland and Infinitum Digital are expanding their partnership. The focus is on positioning new technology based on artificial intelligence (AI) on the Spanish market.
(CONNECT) The digital agency Netgen Switzerland and the open source service provider Infinitum Digital, based near Barcelona, are intensifying their collaboration on the path to "an effective and future-oriented content strategy" for SMEs, according to a press release.
According to Christian Paredes, CEO of Netgen Switzerland, the two providers of advanced AI solutions want to "drive digital innovation and support companies in Spain with customizable Swiss solutions". The cooperation underlines the "vision of creating a dynamic digital ecosystem in Spain". Alex Net, CEO of Infinitum Digital, sees the potential of their collaboration for Spanish SMEs to "take their content creation to a new level".
The core of the collaboration is the AI Integration Suite - a collection of intelligent tools and IT solutions. These are capable of seamlessly integrating AI into content management processes and are compatible with the most widely used content management systems.
Experience with the AI Integration Suite in Switzerland and Germany has been successful, according to the press release. Numerous companies have used it to improve and automate their workflows. This added value means that content of all kinds can be created and managed more efficiently. ce/heg
From left to right: Christian Paredes (CEO Netgen Switzerland) and Alex Net (CEO of Infinitum Digital) sign an agreement. Image: zVg/bop Communications
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Zurich/Barcelona – TravelPerk has acquired the Zurich-based company Yokoy, which specializes in expense management. Yokoy and the service provider for the booking, administration and management of business trips jointly offer companies a fully integrated solution for travel and cost management.
(CONNECT) Yokoy is now part of TravelPerk. Since the founding of Yokoy in 2020, both service providers for corporate finance departments have worked closely together: Yokoy as a provider of a cloud-based platform that combines all expenses, supplier invoices and corporate card payments in an integrated and artificial intelligence (AI)-powered solution and TravelPerk as a fast-growing software-as-a-service platform for business travel.
Now, Yokoy's "innovative AI and automation will be combined with TravelPerk's industry-leading platform", said Yokoy CEO and co-founder Philippe Sahli in his press release. "I have spent a lot of time with the TravelPerk team over the past few years and I am convinced that together we can create something truly transformative for our customers."
All of Yokoy's services, integrations and contact partners will remain unchanged, according to the information provided. All users will now benefit from a single, fully integrated solution for travel and cost management.
On its website, TravelPerk informs about a Series E financing in the amount of 200 million dollars that was completed at the same time as the acquisition of Yokoy. This doubled the company's valuation to 2.7 billion dollars. The company, which is headquartered in Barcelona and has branches in London, Birmingham, Edinburgh, Berlin, Chicago, Boston and Miami, is now looking to expand further in the USA and increase its investments in artificial intelligence and product development.
"The innovations coming out of Yokoy's AI labs in Zurich are truly impressive," said TravelPerk CEO Avi Meir in a statement from his company. He is looking forward to "now taking this long-standing partnership to the next level". ce/mm
Yokoy and TravelPerk are teaming up to offer companies a fully integrated travel and expense management solution. Image: Swiss International Air Lines Ltd.
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Zurich – The sustainable shopping platform SOORT has been awarded the title of “Most Innovative Company of the Year 2024” at the prestigious Forttuna Global Excellence Awards. The platform uses AI to offer consumers sustainable products and solutions from the circular economy.
The Forttuna Global Excellence Awards are regarded as one of the world's most important awards for innovative companies and individuals. This year there were over 500,000 applications from 82 countries. After a multi-stage selection process, including 25,000 interviews, only 104 award winners were chosen. SOORT was one of the few companies to receive this exclusive award.
"This recognition shows that innovative solutions in the area of sustainability are urgently needed," says Wolfgang Loerli, CEO of SOORT. "Our goal is to use AI to change the way people consume and enable more sustainable decisions."
SOORT plans to use the funds from its current financing round to further expand the platform and reach a larger target group. With a combination of AI-supported product search and information on CO2 footprints, SOORT promotes conscious consumption.
The Forttuna Awards underline not only the importance of SOORT's mission, but also the innovative strength of the Swiss ecosystem. "Switzerland has just been named the most innovative country in the world again - proof of the strength of our location," adds Loerli.
The award is seen as a milestone for SOORT's goal of promoting sustainable consumption and at the same time driving technological development in the field of e-commerce.
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Starlab Space—a joint venture between Airbus, Voyager Space, Mitsubishi Corporation, and MDA Space—marks the arrival of a major industry partner at Switzerland Innovation Park Zurich (IPZ). Today, a Memorandum of Understanding was signed in Zurich between the partners Starlab Space GmbH (in the process of being established), the Switzerland Innovation Park Zurich Foundation, and the newly established Center for Space and Aviation Switzerland and Liechtenstein.
The access to an airfield, large areas available for necessary infrastructure, strong research partners such as the University of Zurich and ETH Zurich, the newly established Center for Space and Aviation based at IPZ, and Zurich’s status as an innovative economic hub convinced Starlab that Switzerland Innovation Park Zurich is the ideal partner.
With the planned decommissioning of the International Space Station (ISS) in 2030, Starlab aims to ensure a seamless continuation of research and scientific activities in Low Earth Orbit (LEO). Additionally, it seeks to open Low Earth Orbit to private enterprises, enabling the development of high-quality products and applications that benefit from the unique conditions of microgravity. These include semiconductors, fiber optics, and biomedical products such as medications, human tissue from stem cells for transplants, or tumor organoids for precision medicine.
With the Memorandum of Understanding signed today, Monday, Starlab Space plans to commence business activities at Switzerland Innovation Park Zurich. At the IPZ, Starlab could establish and operate a Payload Operations & Control Center, a Center of Excellence for payload development and operations, as well as additional ground segments of Starlab focused on biotechnology, biomedicine and pharmaceuticals. This aims to create the foundation for an ecosystem in which space experts, researchers, scientists, established industries, innovative start-ups, and spin-offs work closely together in direct exchange. This collaboration could position the Greater Zurich area, along with its industrial and research partners, as the European hub of the global Starlab network. Additional Starlab locations include the George Washington Carver Science Park in Ohio, USA, with further sites in Japan and Germany under consideration.
Space Valley Switzerland and Liechtenstein
Successfully harnessing the industrial potential of Low Earth Orbit requires sufficient production and transportation capacities at economically viable costs and efficient knowledge transfer from research institutions to practical applications. The Canton of Zurich has recognized this potential and has designated "Space" as one of its three innovation lighthouse projects in a government resolution (No. 372/2024). In response to rapid global developments, the Center for Space and Aviation Switzerland and Liechtenstein was established in 2024, and headquartered at Switzerland Innovation Park Zurich under the leadership of Prof. Oliver Ullrich. This internationally-oriented regional center is supported by a broad coalition of academic and industrial partners from German-speaking Switzerland and Liechtenstein. Its strategic goals include promoting aerospace utilization in Switzerland and Liechtenstein, translating research successes into societal and economic benefits, and positioning the region within the global space economy.
Collaboration Between Industry and Academia
The Canton of Zurich and the Greater Zurich Area (GZA) form a robust economic region within Europe, combining global companies, leading startups, and top universities ETH Zurich and the University of Zurich—long-standing partners of Switzerland Innovation Park Zurich. With Starlab and the newly founded Center for Space and Aviation, Switzerland Innovation Park Zurich, the Canton of Zurich, and the entire region are set to become a hub for the New Space Economy in Europe, with access to rapidly expanding markets.
Contacts:
Prof. Dr. Dr. Oliver Ullrich, Center for Space and Aviation Switzerland and Liechtenstein: oliver.ullrich@uzh.ch
Mareike Suppa, Starlab Space GmbH/Airbus Defence and Space GmbH: mareike.suppa@airbus.com
Nicolas Menzato, Department of Economic Affairs, Canton of Zurich: nicolas.menzato@vd.zh.ch
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Kloten ZH – Calvin Risk has secured seed financing in the amount of 4 million dollars. The company intends to use the fresh money to further improve its products in the field of artificial intelligence (AI) risk assessment.
Calvin Risk, a company specializing in AI risks, has secured funding of 4 million dollars. According to a press release, the Kloten-based start-up was financed in a seed round led by JoinCapital and seed + speed Ventures. This brings the total amount of financing provided since the company was founded in 2022 to over 5 million dollars.
Calvin Risk, a spin-off of the Swiss Federal Institute of Technology in Zurich(ETH), intends to use the fresh capital to further improve its product development in the field of AI risk assessment for companies and expand its market position. The platform developed by Calvin Risk allows companies to test and monitor the AI solutions they introduce. This ensures that these implementations also comply with the EU AI Act and other legal regulations. The company's platform allows risks in the development and provision of programs created with artificial intelligence to be checked and documented in real time.
"As AI systems become increasingly important to operations, appropriate corporate governance must now include explicit AI risk management at board level," Julian Riebartsch, CEO and founder of Calvin Risk, is quoted as saying in the press release. "Through our governance and risk management platform, we offer companies deep insights into their AI portfolio and enable them to analyze technical, ethical and regulatory risks qualitatively and quantitatively." ce/ww
The founders of Calvin Risk: Julian Riebartsch (right) and Dr. Syang Zhou (left). Image: Calvin Risk
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This year’s Zürcher Unterland 2024 Innovation Award goes to Localfish AG. Second place went to Swiss Drone Services AG and third place to Scinora GmbH. The Innovation Award was presented at a ceremony on November 11, 2024 as part of the innovation event in Dielsdorf. The event organized by the Verein Standort Zürcher Unterland and hosted by CHROMOS Group AG offered companies from the Unterland region an exciting programme on the topic of innovation.
The Innovation Award was launched in 2021 by the Zurich Unterland Economic and Business Council to recognize and highlight innovations from the Unterland region. The first prize of CHF 5,000 was ceremoniously presented to Localfish AG by the sponsors Zürcher Kantonalbank and Eberhard Unternehmungen. The company from Rafz is currently revolutionizing the fish industry with circular and CO2-neutral fish production. The company has built a unique ecosystem around its new facility in Rafz, focusing on animal welfare and sustainability and closing regional cycles. Thanks to their consistent zero-waste approach, they guarantee an environmentally friendly and healthy source of protein for humans and animals. Second place, worth CHF 2,500, went to Swiss Drone Services AG from Niederglatt, which has developed an innovative process for cleaning solar modules, façades and glass surfaces using drones. Third place, also worth CHF 2,500, goes to Scinora GmbH from Rafz. The company is committed to replacing animal components in biotechnological processes with more economical and sustainable alternatives and has developed products that replace fetal calf serum in various cell cultures.
Congratulations to the winners!
The fully booked innovation event hosted by Chromos Group AG in Dielsdorf offered the almost 70 participants a varied program.
In an exciting keynote speech, Daniel Steingruber, Open Innovation Manager at AXA, showed how companies can create innovations by focusing specifically on customer needs. Key findings: Collaboration with start-ups or other partners offers great opportunities for the development of profitable innovations.
Afterwards, three practical examples offered exciting lessons learned regarding the development and implementation of innovations:
The innovation event was supported by the Office of Economic Affairs of the Canton of Zurich, the municipality of Dielsdorf and Chromos Group AG. The Innovation Award was sponsored by Zürcher Kantonalbank, Eberhard Unternehmungen.
ANDREA LOBSIGER created the pictures for the event.
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grow cluster celebrated its 20th anniversary in October 2024. The local start-up center has now developed into a regional life sciences hub. Four member companies are among the top 100 start-ups in Switzerland.
"You have been doing a lot of good for 20 years," emphasized Government Councillor Carmen Walker Späh in front of around 70 invited guests at grow's anniversary celebration on 23 October 2024 at the Schloss Au conference center. In her speech, the Director of Economic Affairs of the Canton of Zurich emphasized the continuous growth of grow. Founded in 2004 in Wädenswil, grow has developed from a small start-up center into a renowned life sciences cluster with 19 companies and around 210 employees. "Innovation is the key to tomorrow's success," she explained, pointing out that four of grow's member companies are among the top 100 start-ups in Switzerland.
At the start of the festive event, Matthias Kaiserswerth, President of the Board of Trustees, and Heiner Treichler, member of the grow management team, talked about the early years. They reported on how the first idea for a start-up center was born in 2002 in collaboration with the Zurich University of Applied Sciences (ZHAW) in Wädenswil. Two years later, on May 26, 2004, the grow foundation was officially established - with the clear aim of promoting young companies in the Zimmerberg-Sihl Valley region.
In the years that followed, the life sciences sector - from medical products to food and environmental solutions - gradually developed into a focal point and is now the company's mainstay. Today, the number of locations has grown to five, and the available space has increased tenfold. "We gave ourselves a facelift for our 20th anniversary," said Foundation Board President Kaiserswerth. The former founding organization now operates as the "grow cluster", still supported by the grow foundation. "This means we are ideally equipped for the challenges of the next ten years," says Kaiserswerth.
Close cooperation with numerous partners is a key factor in the success of grow cluster. During a panel discussion, it became clear how many players from the region contribute to its success. In addition to the property owners, who provide customized laboratories and office space, the city of Wädenswil and the municipality of Horgen as well as the Zürcher Kantonalbank (ZKB) and the ZHAW are committed to grow. Jürg Bühlmann, Head of Corporate Clients at ZKB, emphasized the role of the bank: "It is our task to strengthen innovation in the canton of Zurich."
The ZHAW, in turn, is an important contact point for professional exchange, with access to specialized equipment and qualified employees. "Our graduates can find their first job directly across the street, so to speak," emphasized Urs Hilber, Director of the Department of Life Sciences and Facility Management in Wädenswil.
Dominique Sirena, co-founder of GlycoEra AG, and entrepreneur Michael Wacker, reported on their successful collaboration with the ZHAW. Wacker described how he was able to build up his biotech company GlycoVaxyn thanks to the support of grow and thus lay the foundation for his later success. In 2015, the pharmaceutical company GlaxoSmithKline acquired the vaccine technology developed by GlycoVaxyn. Today, Wacker himself invests in up-and-coming companies as a General Partner at Biomed Partners VC. "Funding is crucial for success," he emphasized, adding that it is up to politicians to create the right framework conditions.
Philipp Kutter, Mayor of Wädenswil and Vice President of the grow foundation, explained how the establishment of the young life sciences companies had gradually changed the region, which was characterized by traditional trade, and brought new momentum to the economy. The former commercial properties were renovated by local tradesmen and now offer space for innovative companies.
Dolf van Loon, Managing Director of grow cluster, summarized: "We are now in a position to support companies in every phase of development and keep them in the region in the long term." This is an important step for the sustainable development of the business location.
The anniversary celebration ended with a flying dinner, during which the guests had a lively discussion about future projects. After 20 successful years, grow cluster is ready to grow further and strengthen innovation in the Zimmerberg-Sihltal region and beyond.
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Winterthur/Zurich – KohlenKraft is supporting the Climathon in Zurich as a sponsor. This format for finding ideas for local climate protection will take place on 1. and November 2nd. The start-up based in Technopark Winterthur produces building materials and climate-negative products from biochar.
KohlenKraft is one of the sponsors of the Climathon in Zurich. This is according to an announcement from Runway, the Technopark Winterthur-based promoter of early-stage start-ups. The Runway Incubator is a program of the Center for Entrepreneurship at the Institute for Innovation and Entrepreneurship of the Zurich University of Applied Sciences (ZHAW).
The Climathon is a 32-hour format organized once a year by Impact Hub Zurich. The event serves to find and develop ideas for climate protection in Zurich. This year it will take place on 1. and November 2 at the Zurich Kraftwerk.
The start-up company KohlenKraft, founded in 2023, is also based at Technopark Winterthur. Last year, the newspaper headlined a brief portrait of the start-up's move into its premises with the sentence: "Runway start-up KohlenKraft gets ready for revolution". KohlenKraft has set itself the task of supplying the construction industry with climate-positive materials. Its products such as plaster, wall plaster for industrial use, bricks and thermal insulation made from biochar absorb more CO2 during their lifetime than they emit.
KohlenKraft also closes the cycle: The biochar is produced from biomass waste, reduces the need for raw materials such as sand and thus contributes to a circular built environment. This is why KohlenKraft was also supported by the Circular Building Industry Innovation Booster. The Innosuisse program supports the transition to a circular economy in the Swiss construction industry through systematic innovation.
CEO Charles Gerike-Roberts and CTO Moritz Keller have already received several awards. In 2022, the two KohlenKraft founders won the FrontRunner Award at the ZHAW Sustainability Challenge. They took first place in the ZHAW Startup Challenge 2023 and were class winners in the Business Concept course organized by Startup Campus and Innosuisse. ce/mm
KohlenKraft is one of the sponsors of the Climathon in Zurich, which is used to generate ideas for local climate protection. Symbol image: jarmoluk/Pixabay
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Dietikon ZH/Zurich/Zug – Oxara, KIBAG and Holcim Switzerland have agreed on a strategic cooperation. The aim is to expand the production and distribution of Oxacrete Oulesse, a cement-free binder from Oxara.
Oxara, KIBAG and Holcim Switzerland are joining forces to establish the cement substitute Oxacrete Oulesse across the Swiss construction market, according to a press release. According to the press release, cement production accounts for around 5 percent of annual greenhouse gas emissions in Switzerland. The collaboration between Oxara, based in Dietikon, KIBAG in Zurich and Holcim in Zug addresses the urgent need for scalable, circular and decarbonizing technologies. After validating the Oulesse technology and evaluating the market potential of this solution, Oxara, KIBAG and Holcim are now planning to officially enter the market together.
With Oxacrete Oulesse, the construction industry can be made more sustainable by promoting the reuse of demolition materials and closing loops. This can significantly reduce the environmental impact of building materials and serve up to 10 percent of the Swiss concrete market. The production of Oxacrete Oulesse uses recycled materials and the binder offers a low-carbon alternative to conventional cement.
"This partnership is a further step towards achieving our sustainability goals," says Clemens Wögerbauer, Head Commercial and Sustainability at Holcim Switzerland. Holcim has already developed a framework for decarbonizing the cement industry in 2022 with experts from science, civil society and industry. This emerged from a partnership with the British Science Based Targets Initiative (SBTi). "We have visionary and innovative partners at our side who fit perfectly with our mission: To combine a circular economy with decarbonization," Wögerbauer continues. ce/gba
Signing the agreement (from left to right): Marc Rohr (KIBAG), Gnanli Landrou (Oxara), Clemens Wögerbauer (Holcim), Philippe Rey (Holcim), Thibault Demoulin (Oxara), Philippe Peter (KIBECO). Image: Oxara
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Zurich/San Francisco – Lakera AI has received 20 million dollars in a Series A financing round. The start-up wants to use this to further develop its real-time backup for generative artificial intelligence in companies. In addition, the locations in the USA and Switzerland are to be significantly expanded.
Lakera has successfully closed a Series A financing round with 20 million dollars. The 10 million dollars raised in an early financing round just a few months ago brings the total amount of investment received to date to 30 million dollars. According to a statement, the current round was led by the venture capital firm Atomico, which is active throughout Europe. Citi Ventures, the venture capital arm of Citibank, and the San Francisco-based company Dropbox have also participated, as have existing investors, including redalpine from Berlin.
Lakera claims to offer the world's most advanced platform for securing enterprise applications of generative artificial intelligence (AI) in real time. It uses proprietary AI to create guard rails so that the model cannot be manipulated. This does not affect the interactivity of the applications. "The Lakera team has extensive expertise and a deep understanding of the complex security challenges facing organizations with LLMs (large language models) and generative AI," said Donald Tucker, Head of Corporate Development and Ventures at investor Dropbox.
"Their advanced technology helps companies like Dropbox protect themselves against the vulnerabilities of these new technologies." With this financing round, Lakera intends to accelerate its product development and market launch strategy. In addition, the presence in the USA and Europe, particularly at the San Francisco and Zurich locations, is to be significantly expanded "in order to meet market demand". ce/mm
The founders of Lakera (from left): David Haber (CEO), Matthias Kraft (CTO), Mateo Rojas-Carulla (CSO). Image: Lakera
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Zurich – Niatsu has won an award at this year’s Start-up BW Summit. The start-up received an award of 500 euros for its automated CO2 balancing of food.
The Start-up BW Summit 2024 presented 50 promising business ideas in three pitch competitions. According to a press release, the Zurich-based start-up Niatsu won the international pitch category with its idea for automated CO2 emissions accounting in the food industry. The company, with its core team from the Swiss Federal Institute of Technology Zurich (ETH), prevailed over eight competitors and won the prize of 500 euros donated by L-Bank Baden-Württemberg.
"I am impressed by the diverse business ideas that were presented to us. The new generation of founders are thinking about social issues and sustainability in their products and services. They recognize the needs of our society and our time," Nicole Hoffmeister-Kraut, Minister for Economic Affairs, Labour and Tourism of Baden-Württemberg, is quoted as saying in the press release. ce/ww
Niatsu has developed a solution for the automated carbon footprint assessment of food. Symbol image: Stefan-1983/Pixabay
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Winterthur – SoundSculpt has emerged as the winner of the ZHAW Startup Challenge at Technopark Winterthur. The start-up uses 3D printing to produce elements for soundproofing workplaces from old textiles. Second place went to RISE, third place to RegioPilz and the jury prize to Bright Avenir.
The Zurich University of Applied Sciences(ZHAW) Startup Challenge 2024 has come to an end with the winners being honored at Technopark Winterthur. According to a press release from Startup Campus Switzerland, the winner of the final pitch event was the start-up SoundSculpt from Kine Baekkevold and Noémie Antonio. They use a 3D printer to produce elements for soundproofing workplaces from old textiles.
Cloud computing from Rise came in second place. Instead of using the power of physical devices, Rise uses the unlimited power of the Azure server infrastructure. The data is available on the individual devices with the same desktop and does not have to be exchanged with each other.
Third place went to RegioPilz. The start-up is already producing various freshly harvested and dried mushrooms for restaurants, retailers and private individuals on a substrate made from forest waste from the region, as well as a seasoning powder made from the glutamine in the mushrooms.
The jury prize went to Bright Avenir, which wants to set up a battery network. It is intended to store energy during peaks in the electricity grid, which are caused by the increasing number of solar cells, for example.
Since April, ZHAW students have been developing their business ideas in three workshops and individual coaching sessions. In addition to a free six-month membership in the RUNWAY Startup Incubator, the top three winners will receive services worth 3,000, 2,000 and 1,000 Swiss francs to realize their project. The winning team will also receive a main prize in the form of a startup trip, during which additional team experience can be gained. ce/mm
SoundSculpt emerged as the winner of the ZHAW Startup Challenge. Symbol image: geralt/Pixabay.
News
Zurich/Dübendorf ZH – Five new start-ups are moving into the Züri Innovationspark office. They deal with clean energies and drives, robotics for construction, and patient care. On the initiative of Zürcher Kantonalbank, they are supported in the development of their business ideas.
Five new start-ups convinced the Büro Züri jury to allow them to move into the converted fire station at the Büro Züri Innovation Park located at the former Dübendorf airport: 4QT, BTRY, Levron Dynamics, LAYERƎD and Sanetics.
Büro Züri is a gift from the Zürcher Kantonalbank to the people of the canton, according to Büro Züri. In this way, fulfilling its service mandate and supporting the canton in solving its economic, environmental and social tasks.
In the new domicile, the start-ups are supported by a network of experts. Round the clock, they have access to a total of 170 square meters featuring 16 flexible workstations, fully equipped to foster an innovative and collaborative workspace. To this end, the ZHAW Runway Incubator provides advice on various aspects, including startup-related inquiries, startup development, and access to additional experts.
4QT builds powerful electric drives to help smaller manufacturers of heavy machinery in electrifying their equipment. This is achieved with a modular and fully recyclable solution. BTRY aims to revolutionize the energy storage industry with innovative, sustainable and efficient battery solutions.
Levron Dynamics is developing a flywheel energy storage system that can supply the power grid with rotational inertia and balancing energy for an operation with 100 percent renewable energy sources. The LAYERƎD team is working on autonomous mobile robots that can directly work on surfaces at construction sites. And Sanetics improves the efficiency of drug distribution in hospitals and care facilities. ce/mm
Among the new start-ups in the Züri Innovationspark office is also 4QT Innovation. Image: Zürcher Kantonalbank.
News
Winterthur – Aeon Life has raised around CHF 7.5 million in a seed financing round. The Winterthur-based healthtech intends to use the funds to set up new locations in Switzerland, Germany and the UK and to further develop its platform for full-body check-ups.
(CONNECT) Aeon Life, a platform of MRI Health Holding AG, has raised around 7.5 million Swiss francs in a seed financing round. The round was led by the London-based venture fund Concentric, the Winterthur-based healthtech announced in a press release. Aeon Life intends to use the funds to set up new locations in Switzerland, Germany and the UK. The opening of more than ten new locations is planned for the coming months.
The start-up has developed a platform for preventive medicine. For its full-body check-ups, Aeon Life combines magnetic resonance imaging (MRI), genetic analysis and blood tests with artificial intelligence (AI). AI is used to detect anomalies on MRI images and to cross-validate the MRI, blood and gene data. The AI also creates a personalized risk profile from each full-body check-up. The funds from the seed financing will be used to further improve the AI platform.
“We are redefining prevention - moving away from reactive checks towards proactive, personalized health management,” Tim Seithe, co-founder and CEO of Aeon Life, is quoted as saying in the press release. The focus here is on avoiding false-positive findings. A number of health insurance companies already cover up to 75 percent of the costs of Aeon Life's full-body check-ups, depending on the policy. For Alex Stroud, Principal at Concentric, Aeon offers “the most medically robust prevention product on the market today”. ce/hs
The Aeon Life team can look forward to 7.5 million Swiss francs from a seed financing round. Image: zVg/MRI Health Holding AG
News
Detecting prostate cancer in good time, making transplant organs last longer or a laboratory that fits on a chip: UZH spin-offs are turning research ideas into marketable products. Six new spin-offs were founded last year.
Medicine, neuroinformatics and finance: Innovative minds founded spin-offs in these areas last year, incorporating research findings from the University of Zurich. In addition to the start-ups, 35 patent applications and 61 invention disclosures were registered in 2024.
Detecting prostate cancer in good time, making transplant organs last longer or a laboratory that fits on a chip: Spin-offs from the University of Zurich (UZH) make ideas from research ready for the market. Six new spin-offs were founded last year. Since 1999, 161 spin-offs have been created at UZH, 79 percent of which are still active. This result is remarkable in that, according to the latest figures from the Federal Statistical Office, the nationwide survival rate of newly founded companies after five years is only around 50 percent.
News
241 projects applied for a Best of Swiss Apps Award in 2024. This year’s Best of Swiss Apps and Best of Swiss Software Award Night took place on November 19. Uepaa was there and won the race.
2x🥇Gold and 2x🥈 Silver - An unforgettable evening ✨
The aim of Best of Swiss Apps is to promote the quality of Swiss app and mobile ecosystems by recognizing outstanding work, bringing ambitious clients together with capable agencies and actively sharing best practices.
241 projects applied for a Best of Swiss Apps Award in 2024. This year's Best of Swiss Apps and Best of Swiss Software Award Night took place on November 19. Uepaa was there and won the race.
We were particularly proud of the two 🏆 golden awards in the Business Impact and Innovation categories.
The jury's verdict in the Business Impact category
The Uepaa Safety app impresses with an advanced lone worker protection solution that ensures the highest safety standards even in the most demanding working environments. The jury particularly praised the intuitive user guidance. Originally developed as a protection system for mountaineers, Uepaa has successfully transferred its expertise to the field of occupational health and safety and has thus established itself in a new, promising market.
The jury's verdict in the Innovation category
The Uepaa app deserves the Gold Award as an outstanding innovation in the field of occupational safety for lone workers. It offers life-saving functions such as a digital dead man's function, 24/7 emergency call, first responder search and precise localization. This solution enables companies to implement legal requirements efficiently. An intuitive design and practical features increase the safety of people working alone. The jury honored the successful implementation with a gold award.
What a glamorous evening - full of goosebump moments and pure joy! 🏆✨
News
Weiningen ZH – Richi AG is the winner of the Phoenix Award 2024 for long-term Swiss entrepreneurship in the category SMEs with 100 to 250 employees. The family business is run by the third and fourth generation.
The construction company Richi AG in Weiningen has been awarded the successor prize Phoenix Award 2024 in the category SMEs with 100 to 250 employees. According to a press release, the company was founded in 1924 by Jakob Richi as a gravel pit and today comprises five operating divisions with 150 employees, is still family-run and is managed by the third and fourth generations. Chairman of the Board of Directors Jakob Richi (third generation) and David Richi (fourth generation) accepted the award on Wednesday, December 4, in Weiningen. David Richi is a member of the Board of Directors and the Executive Board.
Richi AG now comprises five divisions, the company continues. These are the supply of building materials using recycled gravel and concrete, the recycling of building rubble, our own photovoltaic system, a biomass power plant as well as cranes and special transportation.
"This succession award is a wonderful tribute to us as a family or family entrepreneurs, for whom succession planning that is right for everyone is an important concern," David Richi, representing the third and fourth generations, is quoted as saying in his acceptance speech. At the same time, the award is a great recognition for the entire company team and its commitment.
The Phoenix Award for long-term Swiss entrepreneurship has been presented annually by the Swiss umbrella organization for corporate succession(CHDU) since 2020. The award honors Swiss SMEs that have mastered their succession planning for at least a century. According to the press release, in the canton of Zurich with its 113,000 companies, of which around 17,800 are facing an open succession, this is only achieved by just under 20 companies per year. ce/gba
Richi AG has been awarded the successor prize Phoenix Award 2024 in the category SMEs with 100 to 250 employees. Image: zVg/Richi AG
News
Winterthur – Technopark Winterthur hosted the final of the ZHAW Sustainability Booster 2024. This year’s three start-ups with the best sustainable business models are LivXp, Asantech and Sanetics.
Three start-ups emerged as winners from the grand final of the ZHAW Sustainability Booster 2024: LivXP AG took first place ahead of Asantech and Sanetics AG. According to a press release, this support program of the Zurich University of Applied Sciences(ZHAW) demonstrated "the incredible creativity and commitment of the participants in tackling pressing ecological and social challenges".
A total of 13 teams had the chance to win with their presentations. To participate in the program, at least one person per team must be studying or working at the ZHAW or be a member of a ZHAW start-up initiative, such as the Runway Incubator.
LivXP from Lausanne in first place builds a bridge between fans and sports clubs. Your platform enables exchange and seamless collaboration. It also creates an online marketplace for fans that simultaneously opens up new sources of revenue for sports companies. In addition to a reliable business model, 60 percent of all goods in lotteries are reportedly given away so that people without financial means also have the opportunity to participate.
Asantech in second place has developed a therapy that eliminates harmful bacteria without antibiotics. The focus here is on women's health. "The start-up's innovative approach addresses the urgent need for solutions that minimize side effects and support long-term health outcomes," said the jury.
Sanetics AG from Winterthur, in third place, integrates state-of-the-art Internet of Things and computer vision technology to improve the distribution of medication in hospitals, nursing homes and retirement homes, with the aim of increasing safety, compliance and transparency. According to the information, this could prevent up to 20,000 hospital stays due to incorrect medication in Switzerland alone. ce/mm
LivXP builds a bridge between fans and sports clubs and sporting events. Symbol image: youkeys, CC BY 2.0 via Wikimedia Commons
News
Zurich – Solabs Nanotechnology has won the 3Pi competition of the ETH Pioneer Fellowship twice. The jury and audience voted Iwan Hächler and his team into first place. All twelve Pioneer Fellows took part. Riverkin and Jessica Droujko won the trip to the Stage Two competition in Berlin.
On September 23, Solabs Nanontechnology won this year's 3Pi competition of the Pioneer Fellowship of the Swiss Federal Institute of Technology in Zurich. The team impressed the jury headed by Lea Firmin, CEO of >>venture>> foundation, and the audience.
The team led by Iwan Hächler from the Chair of Thermodynamics is working on a coating that prevents glasses from fogging up. The sun's rays are used to heat the glass. The jury was particularly impressed by the fact that the technology can be used in existing production processes and can therefore be marketed via license sales. Solabs Nanotechnology GmbH, founded in July and based in Bassersdorf ZH, plans to enter the market for ski goggles and then the automotive industry.
Second prize went to the Sustain team led by Edoardo Pezzulli. It has developed software for monitoring CO2 that is stored in the soil. The third prize went to the FibroTech team led by Guiseppe Antoniazzi, who have developed a new diagnostic method to detect pulmonary fibrosis earlier.
The three teams can attend the open-I conference free of charge, which NZZ Connect will host on 21. and 22. November in Zurich.
The jury also awarded participation in Stage Two, an event in Berlin where European start-ups can present themselves to investors. The choice fell on Jessica Droujko's Riverkin GmbH, which was founded in April. The team has developed a sensor-based method for managing entire river systems.
The ETH Pioneer Fellowship awards up to 150,000 Swiss francs per year to around twelve teams who want to develop their innovations into a company. According to Tomas Brenner, head of the Pioneer Fellowship, 141 teams have been supported over the past 14 years, from which 92 existing start-ups have emerged. ce/stk
No more fogged-up ski goggles: Solabs Nanotechnology uses solar radiation to prevent lenses from fogging up. Symbol image: ivabalk/Pixabay
Innovation Hubs
The Swiss InsurTech Hub is a non-profit association with the mission to build and grow the leading InsurTech Hub in Switzerland.
We create, nurture and foster an open, inclusive and collaborative ecosystem for InsurTech in Switzerland, creating a measurable impact for incumbents, start-ups, investors and public bodies.
We enable and foment the dialogue and exchange of the diverse participants of the ecosystem, including innovators, experts, partners, academics and diverse technologies, from Switzerland and around the world.
We drive thought leadership, innovation and transformation.
The Swiss InsurTech Hub is a non-profit organization promoting the innovation and digitalization of the Insurance Industry.
News
Onesight Global, a leading IT outsourcing company headquartered in Italy, founded in Brazil and present in 20 countries, continues its journey of growth and innovation by strengthening its presence in Switzerland.
Onesight Global Expands Its Horizons: A New Chapter in Switzerland
Onesight Global, a leading IT outsourcing company headquartered in Italy, continues its journey of growth and innovation by strengthening its presence in Switzerland.
As the demand for tailored IT solutions surges across Europe, Onesight Global is strategically positioning itself to meet the unique needs of Swiss businesses. This move aligns with the company's mission to deliver cutting-edge technology solutions while fostering local partnerships and understanding regional markets.
Why Switzerland?
Switzerland has long been recognized as a hub for innovation and technology, with its thriving economy, robust infrastructure, and a commitment to excellence. For Onesight Global, Switzerland represents not only a strategic market but also a partner in achieving mutual growth.
"Switzerland’s dynamic business environment and its emphasis on quality resonate deeply with our core values," says Lucas Zambianchi, CEO of Onesight Global. "Our expansion here underscores our commitment to providing localized, high-quality IT outsourcing solutions that empower businesses to thrive."
New Focus Areas
In Switzerland, Onesight Global aims to:
Commitment to Sustainability and Global Talent
Onesight Global is not only investing in technology but also in people. The company is committed to:
Looking Ahead
The expansion into Switzerland marks a pivotal moment for Onesight Global. By establishing a stronger foothold in one of Europe’s most dynamic markets, the company is poised to set new standards in IT outsourcing. This move is not just about geographical growth but about reinforcing Onesight Global’s vision of delivering excellence, innovation, and partnership at every step.
"We see this as the beginning of an exciting new chapter," Lucas Zambianchi adds. "Switzerland’s potential, combined with our expertise, sets the stage for remarkable achievements."
Stay tuned for more updates on Onesight Global’s Swiss journey and how it continues to reshape the future of IT outsourcing in Europe.
News
Over 300 founders, investors, and innovators gathered at Google Zurich on October 4, 2024, for the RiseUp Summit 2024, an inspiring event hosted by the Female Founders Initiative Switzerland. The summit showcased the growing influence of women in the entrepreneurial world, highlighting the power of diversity and female leadership in shaping a more inclusive and impactful startup ecosystem.
Now in its second edition, the RiseUp Summit is dedicated to fostering a vibrant, equitable landscape for female entrepreneurs, with a focus on sustainable growth and purpose-driven innovation. More than 50 expert speakers took the stage to share their insights, sparking meaningful discussions and new collaborations to drive the future of entrepreneurship.
"Diversity isn't just a buzzword at RiseUp — it's the foundation of our vision for a better entrepreneurial ecosystem," said the event organizers. "We're committed to empowering female founders and ensuring their voices lead the way in shaping a more inclusive and sustainable future."
The summit featured 25 engaging sessions that delved into crucial topics such as breaking down barriers for women in business, advancing diversity in leadership roles, and scaling startups sustainably. A highlight of the day was the pitch competition, where female entrepreneurs took center stage, presenting innovative, high-impact businesses that are tackling pressing global challenges.
The keynotes resonated with attendees by focusing on how diversity can drive stronger, more adaptable businesses and how female leaders can champion sustainability while building resilient companies. Participants left with actionable insights, powerful connections, and the confidence to push their ventures forward.
"The RiseUp Summit is a testament to the growing influence of women in entrepreneurship. It’s not just about networking; it’s about forging partnerships that fuel long-term change," said one attendee.
As the RiseUp Summit continues to grow, so does its impact on the startup ecosystem. The event is more than just a gathering — it’s a movement dedicated to building a future where diverse voices and female leaders shape the way forward for sustainable, purpose-driven entrepreneurship.
For more information, visit: riseupsummit.ch
Press Contact:
Vanessa Mohrig & Marcela Durand
Female Founders Initiative Switzerland
Email: info@female-founders.ch
Fotografin Evi Fragolia
Fotografin Evi Fragolia
Fotografin Evi Fragolia
Startups
Web3 technologies are changing the face of health data ownership and business models at the intersection of Healthcare and Blockchain. dHealth Foundation has perfectly positioned itself as a neutral player in the heart of Switzerland – a country renowned for its global leadership in these two industries.
dHealth fosters health digital by bringing the best of blockchain to patients, enterprises and healthcare providers in the system so that the exchange of data is transparent, equitable and rewarding.
News
Interlaken BE – Two of the three Swiss Economic Awards presented by the Swiss Economic Forum (SEF) went to cleantech companies this year: DePoly from Sion and Lumvin from Baden AG. The third award went to the start-up Kyan Health from Zollikon ZH.
(CONNECT) The Swiss Economic Awards were presented at the Swiss Economic Forum in Interlaken. There were three finalists in each of the categories Services, DeepTech/Life Sciences and Production/Industry. The motto of the event, which was attended by 1700 decision-makers from business, politics and science in Interlaken, was “Earn it”. In order to secure the Swiss success model in an increasingly complex world, the organizers say that “entrepreneurial virtues such as personal responsibility, public spirit, modesty and a sense of proportion must be brought back to the fore”.
DePoly has won the Swiss Economic Award in the Deep Tech/Life Sciences category. The prize recognizes the Sion-based company's patented process for processing unsorted PET waste. In its plant, it produces monomers in virgin quality that are identical to their fossil counterparts. The award “encourages us in our efforts to push the boundaries of plastics recycling and expand our influence worldwide,” CEO and co-founder Dr. Samantha Anderson was quoted as saying in a press release. This summer, the company is commissioning a demonstration plant with an annual capacity of 500 tons in Monthey VS. It is financed by the recently completed seed capital round of 23 million dollars.
Lumvin from Baden is the winner in the Production/Industry category. The cleantech company modernizes inefficient lighting systems instead of replacing them. This should save up to 80 percent energy and significantly reduce costs and CO2 emissions. The lighting systems can be monitored remotely, maintained proactively and controlled to save energy. The components are manufactured entirely in Switzerland.
Kyan Health from Zollikon won the services category. The artificial intelligence-based platform for corporate health management combines employee well-being with measurable business success. It integrates into existing HR systems, uses predictive analysis to identify health risks at an early stage and enables targeted preventive measures to be taken. Since its foundation in 2021, Kyan Health has grown rapidly and now supports over 150,000 employees. According to the company, it has received a total of 17.4 million euros in investments to date. ce/mm
DePoly has won the Swiss Economic Award in the Deep Tech/Life Sciences category. Picture: NZZ Connect
Corporates
Beriflapp is an innovative software development company with Swiss roots and global reach. Our journey began in 2012 when an idea sparked during studies at the library of the ETH (Swiss Federal Institute of Technology). The second company in Kosovo is established in 2019. Since then, we’ve successfully delivered numerous projects with real client impact, helping companies enter the digital world, improve existing products, and establish dedicated teams. Our mission is to enable businesses to realize their ideas through meaningful digital innovation.
Beriflapp has achieved significant milestones in terms of certifications. Here are the certifications we have obtained:
ISO 9001: Beriflapp has been certified with ISO 9001, which focuses on quality management. This certification ensures that our processes meet international standards for delivering high-quality products and services.
ISO 27001: Beriflapp has also achieved ISO 27001 certification, emphasizing information security management. This certification demonstrates our commitment to safeguarding sensitive information and maintaining robust security practices.
ISO 13485: Beriflapp’s software development practices align with ISO 13485, a standard specifically for medical devices. This certification underscores our dedication to quality and safety in healthcare-related software solutions.
These certifications reflect Beriflapp’s commitment to excellence and adherence to industry best practices.
News
Participate in the TOP 100 Public Voting and support your favorite startup! From now until July 21, 2024, all LinkedIn users have one vote each in the public competition to choose the 10 most innovative Swiss startups no older than five years.
Every year, the TOP 100 Swiss Startup Award showcases the 100 most innovative and promising Swiss startups, selected by a jury of 100 leading investors and experts. The TOP 100 Public Voting runs parallel to the expert jury ranking and highlights outstanding Swiss startups. The 10 winning startups will be announced in the TOP 100 Swiss Startup Magazine 2024.
To highlight the broad spectrum of entrepreneurial talent in Switzerland, the TOP 100 Public Voting awards one winner for each of the 10 sectors: Biotech, Cleantech, Engineering, Fintech, Foodtech, ICT, Medtech, Proptech, Robotics, and Security. All Swiss startups listed on startup.ch and founded on or after January 1st, 2019, are eligible for your vote.
3 simple steps to participate in the TOP 100 Public Voting
All votes must be submitted by midnight on July 21, 2024. Click here to vote.
STARTUPS: Share the voting link to collect votes!
Encourage friends, family, and followers in your network to vote for you! Simply share the link to the startup.ch voting page. Remember: every vote counts!
And the 2024 TOP 100 Swiss Startup Public Voting winners are...
Updates on the rankings and the event can be found in the weekly Venturelab newsletter. You can also follow the hashtag #TOP100SSU on Twitter and LinkedIn to stay up to date.
News
Are you a founder with an idea that creates real impact? At Rocket Day, bold ideas meet experienced experts and impact-oriented accelerators – and at the end of the day, the Impact Accelerator Award 2025 awaits the solution with the greatest impact potential.
Innovation Hubs
Superlab Suisse is a lab provider aiming to create a global platform for life science companies.
Our ready-to-move-in lab space with a Lab-as-a-Service offering includes BSL1/2 laboratory facilities, state-of-the-art equipment, and professional concierge services for startups, scaleups and established companies in the biopharma arena.
The concept was born out of a deep admiration for scientific researchers and their work – we reinvented and modernized the components that make up a laboratory with the aim of bolstering efficiency and radically improving the workplace experience. At Superlab, you get a first taste of the labs of the future.
Coworking Spaces
The Impact Hub curates the largest network of creatives, startup founders and techies in Switzerland. Our thriving community works together across organizations, cultures and generations to create a sustainable and livable future.
We connect entrepreneurs, companies, NGOs, public institutions and many other decision-makers to create a unique, collaborative innovation ecosystem. With over 700 members and a large network of partners, Impact Hub Zurich is one of the largest entrepreneurial communities in Zurich and Switzerland.
With over 2,000 members in 6 hubs in Switzerland and over 24,000 members in more than 100 Impact Hubs worldwide, we are one of the largest national and global networks for innovation and social entrepreneurship.
News
This year’s edition of the RiseUp Summit, organized by Female Founders, offered space for networking and exciting sessions. In the final pitch round, the start-ups breathe medical with its “UpLeap” training app for doctors and the food start-up tasty spready with its jam from the squeeze bag won the race.
Several hundred founders and guests made their way to the Google building next to Zurich's main train station for the RiseUp Summit 2024. Around 300 female founders and interested parties of all genders were able to attend panel discussions or entertaining sessions on a wide range of topics. There was also plenty of opportunity for networking and bilateral exchange. The event was organized for the second time by Female Founders, together with the Impact Hub Zurich and Startup Campus.
The successful event was rounded off by a strong pitch competition. Eight start-ups founded by women presented their business ideas to the audience and the jury. This then decided the ranking. First place went to the startup breathe medical, co-founded by Leonie Korn, born in 2023. With its UpLeap app, doctors around the world can complete compact training blocks directly at their workplace. The aim is to train practical skills with the equipment and materials actually available on site. The Zurich-based ETH spin-off recently launched its MVP and already has its first partners on board, such as the University Hospital Zurich and the SDC.
The jury voted tasty spready into second place. The food start-up co-founded by Anita Limacher was also founded last year and packs fruity spreads in a squeeze bag without adding sugar. They sell their product "Gofitüre" via their webshop.
The other pitch participants were Miyara (headquartered in India), Arklem AI (still in stealth mode), bloem (not yet founded), Go Healthy, Nettle Circle and ZenBooking (not yet founded).
(Fabienne Roos)
News
In recent years, Swiss exporters have focused heavily on China as a growth market. However, in view of current geopolitical developments, it is necessary to look at alternative markets. One promising option is the Gulf region, which is reinventing itself beyond oil and gas and offers exciting opportunities for international companies.
A research project at Bern University of Applied Sciences (BFH) has investigated how Swiss companies can successfully enter this market. The results of the research project offer practical scenarios for market entry, the search for sales partners and the establishment of subsidiaries. In addition, often invisible hurdles are highlighted from an Arab perspective. The project results were published by Springer-Gabler.
This book shows how companies from Germany, Austria and Switzerland can do business successfully in the Arab Gulf States. The region, especially Saudi Arabia, is currently reinventing itself beyond oil and gas - and offers lucrative opportunities for many industries. The authors explain objectively and pragmatically how export companies can make use of this. As profound experts on the Gulf states, they analyze their observations and provide indispensable recommendations for action as well as insider tips from over 30 interviews with predominantly Arab managers. Ethical questions that arise in this difficult region are not ignored, but addressed from various perspectives. Often invisible hurdles for European managers are made visible.
A guide for anyone who is looking for dealers in the Gulf region, wants to find customers or set up branches - and not only wants to know things, but also understand them.
Initiatives
Greater Zurich Area Ltd is the official investment promotion agency of the economic region of Zurich, Switzerland.
We support international companies on every step of their expansion journey into Switzerland, by introducing them into the local ecosystem, offering location evaluation, and networking them with the relevant companies, universities and research institutes, incubators, platforms, associations, and authorities. All our services are free of charge.
News
All founders actively raising or looking to raise soon.
Raising money? Fundraising doesn’t just test your pitch. It tests your nervous system. We’ve been there.
Having coached hundreds of founders through the mental chaos of fundraising, Till and Yannick will share battle-tested advice to help you stay calm, confident and emotionally steady when the stakes are high. Marco from Clima Now will offer his perspective on how founders can leverage their investors – and why both parties should build deeper, genuine connections.
18:00pm – Arrival, networking and snacks/drinks
18:30pm – Workshop and Q&A
19:30pm – More networking (and drinks!)
Uplift Founders is a professional coaching and mentoring boutique for ambitious founders. Having worked with +250 high-growth founders, Uplift helps you to become the founder your startup needs to scale. The approach blends deep self-awareness (inner game) with bold vision and strategic clarity (outer game) – laying the foundation for lasting personal and company growth.
Clima Now is an early-stage climate investor backing purpose-driven founders who build ventures with significant, measurable impact. Beyond capital, we bring a systemic thinking approach and offer founder development, policy engagement, and R&D grants to accelerate breakthrough climate solutions.
Partners in Clime is a collective of entrepreneurs backing green tech founders by providing capital and mentoring. With fair terms enabling them to make choices in favor of their vision.
News
Every year the TOP 100 Swiss Startup Award showcases the 100 most-innovative and promising Swiss startups. The TOP 100 Public Voting, which runs in parallel to the expert ranking, is your chance to highlight an excellent Swiss startup. Visit www.startup.ch to vote for your choice of the most impactful startup. All Swiss startups that are listed on startup.ch and incorporated on or after January 1st, 2020 are eligible for your vote. Click the golden logo ‘vote now’ button on the startup’s profile to register your voice. Vote now!
News
This year’s edition of Swiss Startup Radar offers new data-based insights into the performance of the Swiss start-up ecosystem in comparison with other countries: Swiss start-ups are proving resilient in the current financing crisis, with stabilising factors including an influx of venture capital from abroad and a high proportion of deeptech start-ups. A comparison with the financial crisis in 2008 also enables identification of early indicators of an upturn.
The start-up sector is in crisis mode following the end of the digitalisation push triggered by the pandemic. Switzerland has done well in this downturn so far. For example, the local ecosystem is performing well if the capital invested in start-ups in 2023 is compared with investment made in 2018 and 2019. The total in 2023 was 40% above the level of the two pre-coronavirus years. This is growth that few other countries can match. In leading markets such as the US or the UK, venture capital investment in 2023 was only slightly above the levels of 2018 and 2019.
Dichotomy between winners and loosers
However, a closer look also reveals limitations to the positive news. The sustained growth is due to many smaller and medium-sized financing rounds. Switzerland’s weakness in mega-investments of CHF 100 million or more has become even more pronounced during the crisis. In addition, not all start-ups benefit equally from the generally good performance. There is a dichotomy between winners and losers, as the massive increase in start-up liquidations in 2023 shows. Finally, a few countries, such as Denmark and the Netherlands, are performing even better than Switzerland.
Early indicators of an upturn
Analysis of the impact of the financial crisis 2008 on the start-up sector also allows us to identify early indicators that could point to an end to the current difficult situation. In the years after 2008, an increasing number of exits and more launches of new funds preceded the upturn in invested capital. In addition, very low interest rates had a revitalising effect. However, if we look at these early indicators today, we cannot expect a rapid recovery. The number of exits and newly launched funds remains at a low level. Although interest rates have fallen, they are still high compared with the years immediately following the financial crisis.
Stability thanks to foreign investors
One reason for the good performance of the domestic start-up ecosystem in the current crisis is the traditionally high flow of money from abroad into Swiss start-ups. Over the past 10 years, Swiss investors have generally contributed between 20% and 25% of the capital invested in Swiss start-ups. In 2023, the share was at the lower end of this range. From 2022 to 2023, the amount provided by Swiss investors fell more sharply than that from abroad. Investors from Europe in particular ensured that the total amount invested in 2023 fell only slightly compared with other countries.
One of the largest ecosystems in OECD countries
The breadth of the Swiss start-up scene can be proven with data. It is not only the density – ie, the number of venture capital-financed start-ups per capita – that is impressive, but also the absolute number. In this country, about 250 technology-based start-ups are created each year that attract investor funding. In France and Germany, the figure is only twice as high, and in the Netherlands, with 18 million inhabitants and thus twice the size of Switzerland, the number of start-ups per year is lower.
High share of deep tech start-ups
Deep tech start-ups are not easy to distinguish from other young technology companies in databases. Nevertheless, several indicators demonstrate Switzerland’s strength in this area. For example, the proportion of start-ups that have at least one founder with a doctorate is three times higher than the OECD average. In addition, the density of start-ups with patents is about twice as high as in Sweden and a good five times higher than in Germany.
Failure rate of 20%
In addition to statements on start-ups, we also carried out for the first time a reliable analysis of the failure of Swiss start-ups, the basis of which is the Startupticker database, which has grown to 5,000 companies. According to this data, about 20% of companies fail after 10 years. Five years after founding, just under 10% have failed. These figures are significantly lower than those usually quoted; however, those usually refer to all new start-ups rather than to only technology-based, innovative and ambitious start-ups. Start-ups in the true sense of the word therefore have a much lower failure rate than new companies in general, 50% of which fail after five years.
The Swiss Startup Radar can be downloaded from the website of Startupticker.ch: https://www.startupticker.ch/index.php/en/swiss-startup-radar
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