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    March 1, 2024


    Clothes, tofu and watches

    Dear reader

    For 2023, Swiss Venture Capital Report listed 35 financing rounds with start-ups from the consumer products sector. Ten years ago, there were only four. An analysis by sector shows that the lion’s share of venture capital continues to flow into high-margin sectors such as ICT or biotech, but with a good idea, attractive business cases can also be developed in the consumer sector.

    There are several reasons for this and one is certainly the ever-decreasing wastage in digital advertising. Influencers can be used to address people with specific needs in a very targeted manner. The TX Group has realised this and entered into an exclusive partnership with Kingfluencers, a pioneer in the field of influencer marketing.

    Our article on consumer innovations presents start-ups that make leggings made from recycled PET, innovative smartphone cases and natural cosmetics. Thurgau-based start-up Ensoy has entered into business with Migros: founder Lukas Rösch expects 250 to 300 new points of sale for his tofu made from organic soya. Altr. deals in luxury collectibles: the Ticino start-up has launched a lending platform that turns luxury collectibles such as watches into liquid assets through competitive short and medium-term loans.

    Food Brewer is a classic foodtech business: the Zurich-based company uses plant cell culture to develop cell lines of cocoa and coffee beans that mature in tanks into harvest-ready cell masses. A seed round has brought in CHF 5 million, with investors including premium chocolate manufacturer Felchlin.

    Other financing rounds of the week: Mobiliar has invested CHF 4 million in Fairie, a spin-off of car subscription provider Carvolution. Women’s health biotech start-up FimmCyte announced an investment of CHF 1 million as a convertible loan from the UZH Life Sciences Fund. Vaud-based medtech start-up Artiria Medical raised USD 6 million in a series A2 round. Aktiia, developer of a blood pressure monitoring bracelet, brought in CHF 27 million, and Zug-based blockchain start-up Validation Cloud generated USD 5.8 million in a first round with external investors.

    There was also a lot going on in the pre-seed area. Four foundations awarded start-up grants last week: FONGIT Innovation Fund (FIF), Gebert Rüf Stiftung’s First Ventures programme, the Foundation for Technological Innovation (FIT) and Venture Kick.

    Finally, registration is open for femtech accelerator Tech4Eva and the Female Founder Accelerator programme until mid-March. Applications for the Swiss Fintech Awards must be made by Tuesday.

    Fintech will also be the topic next Thursday in Rotkreuz: the influence of financial technology on the economy as a whole will be discussed at the IFZ FinTech Konferenz, organised by the Institute of Financial Services Zug.

    Have a relaxing weekend.

    Jost Dubacher
    Editor startupticker.ch

    News

    01.03.2024 15:00

    Fintech startup secures $5.8 million to advance Web3 infrastructure

    Fintech startup secures $5.8 million to advance Web3 infrastructure

    Validation Cloud AG, a Web3 startup with headquarters in Zug, completed its first external investment round, led by San Francisco-based Cadenza Ventures and contributions from international investors incl. Blockchain Founders Fund, Bloccelerate and AP Capital, raising $5.8 million. The financial boost will help the company advance its Web3 infrastructure platform and expand its international team.

    Tags: Blockchain, Fintech
    01.03.2024 14:00

    A wave of success for LimmaTech

    Image: Unsplash

    Schlieren-based startup LimmaTech has secured $2.2 million from the Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) for the development of their vaccine candidate targeting the STI gonorrhea. In parallel, the biotech announced positive interim results from their Phase I/II clinical trial in Kenya evaluating their vaccine candidate against shigellosis, a serious diarrheal infection.

    Tags: Development milestone, Global news
    01.03.2024 13:00

    Series A-Runde für Farie

    Series A-Runde für Farie

    Das Spinoff des Autoabo-Anbieters Carvolution schliesst eine Finanzierung in der Höhe von vier Millionen Franken ab. Das Team um CEO Johannes Weirather will ein nationales E-Commerce-Ökosystem für Kauf und Verkauf von Gebrauchtwagen aufbauen.

    Tags: Investment, Mobility
    01.03.2024 10:30

    Oncobit joins forces with Immunocore

    Oncobit joins forces with Immunocore

    Schlieren-based medtech startup Oncobit has signed a service agreement with U.K.-based biotech company Immunocore for better therapy response analysis in clinical trials. The partnership enables the Swiss startup to validate its platform to advance therapy response analysis in clinical trials. 

    Tags: Development milestone, Partnering
    01.03.2024 09:00

    ENSOY: Produktionsmenge verdoppeln für Migros-Listung

    Ensoy-Tofu

    Rund zweieinhalb Jahre nach dem Markteintritt ist der Tofu aus Thurgauer Bio-Soja von ENSOY schweizweit in Migros-Filialen erhältlich. Dazu hat das Food-Startup sein Team sowie die Produktionskapazität kontinuierlich aufgestockt.

    Tags: Food, Growth
    29.02.2024 17:00

    Nanogence launches commercial supply in US and India

    Nanogence launches commercial supply in US and India

    In a milestone move, Nanogence is solidifying its presence in the United States and India with the launch of commercial production and customer supply. To cater the rising demand, the Swiss material innovation startup expects to grow significantly in the coming months especially now with backing from institutional growth investors.

    29.02.2024 16:00

    Influencer-Marketing-Startup gewinnt TX-Werbevermarkter als Partner

    Mirjana Elmer (Goldbach) und Dominique Hufschmid (Kingfluencers)

    Kingfluencers, Pionier im Bereich Influencer Marketing, geht eine Partnerschaft mit der Goldbach Group ein. Die Werbevermarkter-Einheit des TX-Konzerns (ehemals Tamedia) erreicht mit seinen Online-, TV- und Offline-Werbekanälen bis zu 90 Prozent der einheimischen Bevölkerung. Gemeinsam bieten die beiden Marketing-Unternehmen ihren Kunden nun eine Co-Vermarktung über alle Kanäle hinweg an.

    Tags: Partnering
    29.02.2024 14:00

    Neuheiten für Konsumentinnen und Konsumenten

    Neuheiten für Konsumentinnen und Konsumenten

    Leggins aus recyceltem PET, eine ultradünne Brille und hochwertige Budgetseife: Die drei B2C-Startups AYMA Clothing, read on und Soeder haben neue Produkte auf den Markt gebracht. Das Bündner Bekleidungs-Startup Muntagnard hingegen eröffnet gleich einen ganzen Laden in Zürich für seine Produkte.

    Tags: Fashion
    29.02.2024 10:40

    FimmCyte obtains CHF 1 million from the UZH Life Sciences Fund

    University of Zurich

    FimmCyte, a pioneering women's health biotech, announces an investment of 1 million CHF as a convertible loan from the UZH Life Sciences Fund (LSF). FimmCyte’s most advanced program is a non-hormonal disease modifying treatment for endometriosis.

    Tags: Investment
    29.02.2024 09:00

    Frisches Geld für Kakao- und Kaffeepulver aus dem Brautank

    Pralines mit Food Brewer-Kakaopulver

    Das Zürcher Startup Food Brewer hat Ende Januar eine Seed-Runde abgeschlossen und dabei insgesamt über 5 Millionen Franken von Investoren erhalten. Darunter sind Family Offices aus der Schweiz und den USA, die Zürcher Kantonalbank und der Schokoladen-Hersteller Felchlin. Das frische Kapital will das FoodTech-Startup für die Weiterentwicklung seiner Zell-Linien, den Ausbau der Produktionsanlage und das Business Development einsetzen.

    Tags: Development milestone, Food, Investment
    28.02.2024 17:00

    Eight new startups enter digital healthcare revolution path

    Eight new startups enter digital healthcare revolution path

    The Future of Health Grant (FoHG) program, powered by CSS and the EPFL Innovation Park, has just selected 8 new start-ups from 133 applicants, a milestone high. They will get tailored support worth CHF 10,000 to 90,000 and become part of a dynamic ecosystem of key players dedicated to improving the efficiency and effectiveness of the healthcare sector by means of digital technology.

    28.02.2024 16:00

    FIF Funding for HeroSupport and SmellRS

    Dr. Giovanna DiPasquale; CEO and Co-Founder, HeroSupport

    Two Geneva-based technology projects have won funding from the FONGIT Innovation Fund (FIF) for their innovations. A seed loan of CHF 100,000 has been granted to previous FIF Grant laureate and HUG spinoff HeroSupport, whose innovative tailored medical devices aim to make cancer treatment more precise and effective. One grant of CHF 50,000 has been awarded to HUG project SmellRS for early detection of Alzheimer’s and treating smell loss.

    Tags: Grants and loans
    28.02.2024 14:00

    Healthtech-Startup mit Wachstum im In- und Ausland

    Video-Dolmetscher von dolmX

    Zwei Jahre nach dem Launch kommt die Video-Dolmetsch-Plattform von dolmX bei knapp 40 Kunden zum Einsatz und vermittelt monatlich um die 270 Einsätze – Tendenz steigend. Als erster Kunde hat das Kantonsspital Baden die Lösung gar direkt in sein internes System integriert. Das ermöglicht es allen Angestellten, direkt eine interkulturelle Dolmetscherin oder Dolmetscher aus dem Pool von 380 Fachleuten zu buchen.

    Tags: Digital health, Growth
    28.02.2024 09:02

    Fresh funding to drive Artiria Medical forward

    Artiria Medical Guidewire

    Led by 4FOX Ventures, the series A2 founding round for Artiria Medical resulted in USD 6 million raised, in addition to the 0.5 million from a Fit Tech loan. The funds will enable the neurovascular medtech startup to complete its clinical studies in stroke in Europe and the US following promising first-in-human results and FDA clearance. 

    Tags: Global news, Investment
    28.02.2024 09:00

    Planny, Algorized and Artiria Medical get FIT Funding

    Planny, Algorized and Artiria Medical get FIT Funding

    The three startups have received financial support from the Foundation for technological innovation (FIT). With CHF 500’000, Artiria Medical will pursue the clinical trials of its medical device for strokes; Planny will use the CHF 400’000 to work towards increasing the sales of its automated workforce scheduling systems; and Algorized benefits from CHF 100’000 to refine its sensing and perception technology.

    27.02.2024 17:05

    Nine new companies get the Scale-up Vaud 2024 Label

    symbolic picture growth

    Innovaud has just unveiled its Scale-up Vaud 2024 list. This year, nine new Vaud-based startups have obtained the label. The 45 companies of the program have created more than 6700 jobs in Switzerland and around the world. 

    27.02.2024 15:02

    Aktiia banks CHF 27 million to mitigate hypertension worldwide

    Aktiia

    The CE-marked wristband by Aktiia is the world's first device for  24/7 optical blood pressure monitoring. Currently, over 60,000 customers and dozens of healthcare organizations use the solution. The Neuchâtel-based startup has raised CHF 27 Million (USD 30M) in a financing round led by Redalpine to bring its solution to more people. 

    Tags: Global news, Investment, Wearables
    27.02.2024 14:21

    95 Prozent Umsatzsteigerung bei Loanboox

    Symbolbild Immobilien

    Loanboox, eine führende europäische Plattform für Fremdkapitalfinanzierungen, hat ihr Wachstum 2023 fortgesetzt. Besonders erfreulich entwickelte sich das Segment Real Estate. Hier legten die Umsätze um mehr als 300 Prozent zu.

    27.02.2024 10:30

    Entrepreneur-led investor session.vc continues taking the lead with Fund II

    symbolic image

    With 14 startups in its portfolio, founder-led venture capital firm session.vc has raised additional capital in the first closing of Fund II. The largest portion of the funds stems from the session.vc core team. The team will continue to invest in software and tech startups, providing them with both funds of up to CHF 10 million and entrepreneurial expertise.

    Tags: Investor, Swiss start-up environment
    27.02.2024 09:00

    Luxury Collectibles Platform Altr Facilitates $200K USDT in Loans within 24 Hours of Debut

    Altr watches

    Altr, platform for luxury collectibles based in Lugano, has launched a lending platform that turns luxury collectibles into liquid assets through competitive short or medium-term loans. In an impressive start, Altr has facilitated over $200,000 USDt in loans within the first two days of operation, with prestigious items such as Patek Philippe and Rolex Daytona watches serving as collateral.

    Tags: Blockchain, Crowdfunding
    26.02.2024 17:00

    Viopas acquires Peak Spirit

    symbolic picture puzzle

    Peak Spirit has signed a strategic partnership agreement with Viopas Venture Consulting GmbH. Viopas has acquired a majority stake in Peak Spirit and Siro Gottardi will be promoted to Partner and CEO, effective immediately. Peak Spirit Founder Valentin Splett will remain a Senior Partner and advisor to the company, while transitioning into his new role as Co-CEO of ETHZ-spin-off CustomSurg.

    Tags: M&A
    26.02.2024 16:00

    Fresh funds to push five First Ventures projects forward

    Students

    Five projects from students at the Universities of Applied Sciences aim to bring new solutions, among others, to provide new therapy techniques, reusable and customisable shipping bags and to transform the way electronic music is created. Two of the projects applied for the new First Ventures format. 

    26.02.2024 15:00

    Pace Locator obtains CHF 150,000 Kick to enhance heartbeat visualization

    Pace Locator founders

    Aiming to improve the safety of cardiovascular disease treatment, Pace Locator offers innovative medical device software that provides real-time, 3D visualization of cardiac electrical signals using noninvasive technology. The future Spin-off of the Bern University of Applied Sciences received a CHF 150,000 investment from Venture Kick to accelerate its clinical study and direct-to-patient outreach. 

    26.02.2024 12:40

    evulpo wächst und lanciert interaktive digitale Nachhilfe mit KI-Tutor

    evulpo-Gründer

    Das EdTech-Startup evulpo hat für seine Lernplattform die Inhalte jeweils auf die vor Ort geltenden Lehrpläne abgestimmt. Sie kommt in sieben Ländern zum Einsatz und wird hierzulande bereits von über 65'000 User genutzt. evulpo und verzeichnet monatlich ein Abo-Wachstum von 10 Prozent und hat seinen Umsatz 2023 vervielfacht. Nun werden die Erklärvideos und das Übungsmaterial um drei KI-basierte Elemente ergänzt: einen Fremdsprachenlern-Chat, ein Quiz-Generator und ein Chatbot für Fragen aller Art.

    Tags: Artificial Intelligence, Edtech, Growth
    26.02.2024 09:00

    Global recognition for six Swiss startups

    eMost team at DB Mindbox award ceremony

    Zatap, emost, DuoKey, Saporo, Akselos and Bcomp convinced expert juries in international competitions with their solutions. They won spots in prestigious acceleration programs and gained global recognition.

    Tags: Global recognition, Partnering

    Upcoming events

    Events with an application deadline next week

    Hinter dem Startup-Hype. Zwischen Hoffnung, Hochflug und Höllenritt

    Event date: 06.03.2024 12:30 - 13:30
    Location: Paulus Akademie Zürich, Pfingstweidstrasse 28, 8005 Zürich
    Hinter dem Startup-Hype. Zwischen Hoffnung, Hochflug und Höllenritt

    Eine überzeugende Idee, kräftige Investitionen durch Dritte, der Laden hebt ab und wird schliesslich zu Höchstpreisen verkauft. Hip und erfolgreich kommt die Startup-Branche daher. Parallel dazu boomen Beratungs- und Unterstützungsformate für Gründer und Gründerinnen. Doch wie viele Startups überleben überhaupt? Was bedeutet es, sich externes Kapital ins Boot zu holen? Und welche erfolgsversprechenden Strategien gibt es, die nicht auf schnelles Wachstum und hohes Fremdkapital setzen?

    StartAngels Finanzierungsrunde für Start-ups jetzt bewerben!

    Event date: 11.04.2024
    Location: SAN @ Bank Vontobel Zürich
    StartAngels Finanzierungsrunde für Start-ups jetzt bewerben!

    In Zusammenarbeit mit der Bank Vontobel, findet am 11. April 2024 die nächste StartAngels Finanzierungsrunde für Start-ups ? statt.

    Events taking place next week

    Service Jam Zürich design hackathon

    Event date: Friday, March 1, 2024 at 6:00 PM to Sunday, March 3, 2024 at 6:00 PM MEZ
    Location: Ginetta, Rieterstrasse 6 · Zürich, ZH
    Service Jam Zürich design hackathon

    Unleash Your Creativity at the first-ever Global Service Jam in Zürich, a cutting-edge, design-led hackathon filled with creativity, collaboration, and endless possibilities.

    venture pitch

    Event date: 05.03.2024; 08:45-13:30
    Location: Zoom (LS)
    venture pitch

    Venture Kick is an initiative from private donors. Potential entrepreneurs from Swiss colleges and universities present their business ideas to the jury of Venture Kick, with the chance to win seed capital of up to CHF 150,000 over three stages. The first stage is the Venture Pitch: eight project teams compete against each other, with five teams receiving CHF 10,000 each and continuing further in the competition.

    Start-up Lunch

    Event date: 05.03.2024 11:30 - 13:30
    Location: Safe Gallery BCF, 1 bd de Pérolles, 1700 Fribourg
    Start-up Lunch

    FriUp a le plaisir de vous convier à son prochain Start-up Lunch le Mardi 5 mars 2024, de 11h30 à 13h30 à la BCF Safe Gallery

    The Swiss AI Conference 2024

    Event date: 05.03.2024 16:00 - 20:00
    Location: Switzerland Innovation Park Central, Suurstoffi 18b, 6343 Rotkreuz
    The Swiss AI Conference 2024

    Die Konferenz gibt einen klaren Einblick in die Welt der künstlichen Intelligenz und was sie für einzelne Unternehmen und den konkreten Arbeitsalltag der Teilnehmenden bedeutet.

    En quatre étapes vers ta propre entreprise

    Event date: Mardi, 05. Mars 2024; de 18:00 à 20:00
    Location: CNCI, Rue de la Serre 4, 2001 Neuchâtel
    En quatre étapes vers ta propre entreprise

    Dans ce cours, nos experts en création d'entreprise te montrent les 4 étapes de la création de ton entreprise et tout ce que tu dois garder à l'esprit sur le chemin de l'activité indépendante.

    venture case

    Event date: 06.03.2024; 08:45-13:30
    Location: Zoom (LS)
    venture case

    Venture Kick is an initiative from private donors. Potential entrepreneurs from Swiss colleges and universities present their business ideas to the jury of Venture Kick, with the chance to win seed capital of up to CHF 150,000 over three stages. The second stage is the Venture Case: five project teams compete against each other, with three teams receiving CHF 40,000 each and continuing further in the competition.

    Web3 Banking Symposium

    Event date: 06.03.2024 09:00 - 22:00
    Location: FER Genève, Rue de Saint-Jean 98, 1201 Genève
    Web3 Banking Symposium

    The Web3 Banking Symposium is first of its kind, and is organized by the Crypto Valley Association in order to support and foster the evolution of finance, and proper adoption of blockchain technologies by traditional banks.

    RENT Swiss 2024

    Event date: 06.03.2024 09:00 - 07.03.2024 17:00
    Location: Swisstech Convention Center, Ecublens
    RENT Swiss 2024

    The largest B2B event for leaders in the real estate economy and institutional players. After 4 years of success, RENT SWISS continues to grow and offers you a 5th edition that will bring together 2,500 professionals around a new concept. A unique opportunity for startups active in proptech.

    USI Startup Centre: Incubation Pitch Event

    Event date: 06.03.2024 18:00 - 20:30
    Location: USI Startup Centre, Level 2, Sector C, East Campus (via la Santa 1, Lugano-Viganello)
    USI Startup Centre: Incubation Pitch Event

    New startups admitted to the 2-year incubation programme at the USI Startup Centre get on stage to present themselves to the USI and SUPSI communities.

    Swiss AgeTech Konferenz

    Event date: 07.03.2024 12:30 - 19:00
    Location: Google Switzerland, Europaallee 36, 8004 Zurich
    Swiss AgeTech Konferenz

    Die Konferenz führt Unternehmen, Organisationen und Behörden im Bereich AgeTech zum Austausch und Networking zusammen.

    IFZ FinTech Konferenz 2024

    Event date: 07.03.2024 13:00 - 18:00
    Location: HSLU, Campus Zug-Rotkreuz, Suurstoffi 1, 6343 Rotkreuz
    IFZ FinTech Konferenz 2024

    Der FinTech-Markt in der Schweiz wächst. Um unter anderem dieser Entwicklung gerecht zu werden, führt das IFZ der Hochschule Luzern die FinTech Konferenz durch. Spannende Voten, die neue Studie, vorzügliche Diskussionen und ein starkes Netzwerk bietet dieses Event.

    Avoiding Bias in AI

    Event date: 07.03.2024 13:00 - 18:00
    Location: Auditorium Felix Frey, sitem-insel, Freiburgstrasse 3, Bern
    Avoiding Bias in AI

    Combating inequality in data, gender and socioeconomics

    BusinessIN - Sustainable Food Systems

    Event date: 07.03.2024 13:30 - 18:30
    Location: Asilo Ciani, Viale Carlo Cattaneo 5 6900 Lugano
    BusinessIN - Sustainable Food Systems

    Reaching sustainable food systems is a challenge for all the players along the value chain from food production to food consumption. Technological innovation can support companies in their appropriate use of water, energy, pesticides, fertilizers, packaging materials and in reducing, monitoring, managing, recycling and upscaling waste as well as using alternative sources and technologies of food production.This Networking Series event powered by Innosuisse proposes to ask the right questions about the sustainability of the agrifood system through the use of limited, reusable or recyclable resources, the decrease and valorization of waste and alternative food production.

    Conférence Femtech - Endométriose: un espoir face à la douleur

    Event date: 07.03.2024 17:00 - 18:00
    Location: HEIG-VD, Site de Cheseaux, Aula, Yverdon-les-Bains
    Conférence Femtech - Endométriose: un espoir face à la douleur

    Participez à cet événement dédié à la journée internationale des droits des femmes de mars, le mois de l'endométriose.

    Inspire Inclusion | International Women's Day

    Event date: 08.03.2024 08:30 - 12:00
    Location: Kraftwerk
    Inspire Inclusion | International Women's Day

    Celebrate International Women's Day with a morning full of inspiration and inclusion!

    Tech4Eva meets Angels

    Event date: 08.03.2024 12:30 - 14:00
    Location: Online
    Tech4Eva meets Angels

    Tech4Eva has partnered with Business Angels Switzerland (BAS) and SICTIC, two major business angel and investor groups in Switzerland, to shed light on this fast growing and promising industry and, to foster connection between business angels, investors and Femtech entrepreneurs.

    Upcoming trainings

    Trainings with an application deadline next week

    Business Concept in Berne

    Event date: 5 October - 10 December 2024
    Location: Uni S, Schanzeneckstrasse 1, 3012 Bern, Room B-102 (tentative)

    Trainings taking place next week

    Business Concept Course @USI

    Event date: 5 March - 21 May 2024
    Location: Università della Svizzera italiana Campus Via Buffi13 6900 Lugano

    Business Creation Engineering

    Event date: 06.03.2024/ 07.03.2024/ 20.03.2024/ 21.03.2024/ 28.03.2024; 9:00 - 17:00
    Location: Gotham, Avenue d'Ouchy 4, 1006 Lausanne

    Mastering Convertible Loans: A Straightforward Guide to Quick Funding

    Event date: 06.03.2024 17:00 - 17:40
    Location: Online

    Scaling Up Sales 2024

    Event date: 7 March to 20 December 2024
    Location: Canton de Vaud / Online

    In 4 Schritten zu deiner eigenen Firma

    Event date: Donnerstag, 07. März 2024; 17:00 - 19:00 Uhr
    Location: Online
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    Swiss Venture Capital Report TEST

    Swiss Venture Capital Report TEST The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". You can download it in our assets section.

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