Fuel for start-up growth

Virtual i Technologies, an Insurtech startup reinventing the underwriting process, has completed an oversubscribed seed round raising $2 million from individual and corporate investors. Morgan Stanley Multicultural Innovation Lab becomes the company's first institutional investor. The startup is now well braced to help the insurance industry reduce the fear of poor risk selection while growing the book for the global property and casualty industry.

RetinAI’s software platform ‘Retinai Discovery’ empowers researchers and healthcare providers to generate, share and organize insights and knowledge. Since the launch and receipt of the CE certification in 2020, the company has onboarded over 100 users in the ophthalmology field worldwide.

Der Zürcher Mobilfunkanbieter wächst im ersten Halbjahr mit 325 Prozent gegenüber der Vorjahresperiode deutlich. Jetzt können Digital Republic- Kunden ihre SIM-Karten und Rechnungen auch aus ihren Krypto Wallets bezahlen.

Altoida’s precision neurology device planned for use in Alzheimer’s disease and dementia diagnosis has been awarded Breakthrough Device Designation by the U.S. Food and Drug Administration (FDA). The designation will accelerate the development of the industry’s first predictive diagnostic device for conversion to Alzheimer’s disease.

Leveraging innovative technologies to develop solutions, expand market reach and customer base, or advance research are some of the objectives of establishing new partnerships. Swiss startups and their partner look ahead to achieving these goals.

ObsEva, a biopharmaceutical company dedicated to improving women’s reproductive health and Organon, a global women’s health company have entered into an agreement whereby Organon will license the global development, manufacturing and commercial rights to ebopiprant (OBE022). ObsEva will receive up to $500 million of which $25 is upfront payment.

Solaxer, FiberLab and Adaptyv Biosystems have each been awarded a CHF100,000 Innogrant as part of EPFL’s Tech Launchpad, a leading incubator dedicated to supporting groundbreaking and innovative startups.

ELDICO Scientific AG, a technology and service provider focusing on nano-analytical instrumentation, has closed a second round of financing, raising CHF 2.5 million from private and institutional investors.

Die digitale Handelsplattform von Lifestage Solutions für Spitex-Organisationen und Pflegeheime wird vom Gesundheitsdienstleister Galenica übernommen. Über den Kaufpreis haben die Parteien Stillschweigen vereinbart.

Less than a year following its inception, Basel based Rocketvax has secured CHF 7.2 million in its Seed A financing to fund the pre-clinical development of its Covid-19 vaccine. Renowned institutional and private investors have funded this financing round.

Essento und CrossFit spannen zusammen, um die Nachfrage im Fitnessmarkt nach den neuen Protein Bars mit Insektenpulver zu testen. Auch in Deutschland will das Zürcher Startup nach der Aufgabe eines Konkurrenten seine Produkte bekannter machen.

The St. Galler Kantonalbank AG, the Graubündner Kantonalbank and the Luzerner Kantonalbank AG have invested CHF 5 million in emonitor AG. New and existing investors joined the round. The startup will use the funds to expand the “Home” ecosystem with its software solutions.

Adaptyv Biosystems, an EPF Spinoff developing a protein engineering platform using cell-free synthetic biology and nanofluidics, has received a pre-seed investment from Y Combinator, the world's leading startup accelerator. The latter also backed top companies like Airbnb, Coinbase and Dropbox.

Die Zuger Privatschule TIE International bietet neu Informatik- und Mediamatik-Berufslehren mit Blockchain-Fokus an. Crypto Valley Venture Capital (CV VC) und Inacta unterstützen das Vorhaben als Ausbildungsbetriebe. Zwei Lernende starten bereits diesen August.

Lyfegen, a health-tech startup providing software to accelerate value-based healthcare contracting  platform has won two clients. Johnson & Johnson Medical Devices Companies Switzerland and a leading Swiss Hospital have implemented its solution.

Das HealthTech-Startup Sedimentum beschafft 2,1 Millionen Franken in einer überzeichneten Seedrunde. Zudem verstärkt das Zuger Jungunternehmen seinen Verwaltungsrat mit drei branchenerfahrenen Personen. Damit ist Sedimentum gut gerüstet, um mit seiner intelligenten Sturzerkennung den DACH-Markt zu erobern.

The first Mastercard Start Path cryptocurrency and blockchain program to kick off with seven startups, of which two are from Switzerland: Taurus and SupraOracles. The program offers access to Mastercard experts, resources, technology and markets to enable startups to accelerate the development of their solutions.

Seit Kurzem ist Eventfrog auch in Deutschland online. Bereits einige 100 Veranstalter nutzen die Plattform. Und auch in der Schweiz zeigt die Tendenz für das Oltner Startup weiter nach oben.

Nur gerade fünf Monate nach Abschluss der Series A schliesst Planted die nächste Finanzierungsrunde ab. Credit Suisse ergänzt die Finanzierungsrunde durch eine Wachstumsfinanzierung.

McLaren Racing’s Lando Noris piloted the breakthrough natural fibre composite Formular 1 seat made with Bcomp’s ampliTex and powerRibs technologies at the 2021 British Grand Prix. This milestone is a result of a successful collaboration between the Swiss startup and McLaren.

Afinum and SHS Capital, which acquired a majority stake in Schlieren-based evitria AG in December 2018, have sold their shares to Stockholm-based company Atlas Antibodies. This transformative acquisition brings together a leading provider of highly validated research antibodies and a front-runner in the field of custom recombinant antibody expression.

Hong Kong's luxury and sustainable yarn manufacturer UPW has announced it will provide full marking and traceability of its yarns using the tech solutions of Swiss-based Haelixa. Starting with its Fall-Winter 2022 collection, the entire stock service UPW yarn collection will be marked and traced by Haelixa’s DNA traceability technology.

With a further EUR 1.5 million from the European Innovation Council EIC Fund, Positrigo is one of the first companies to receive equity funding under the EIC Accelerator programme. The funds will contribute to the second tranche of Positrigo’s series A and support the start-up’s breakthrough brain PET scanner technology.

Swiss Business Incubation Centre (BIC) of CERN Technologies has selected CondenZero, Hoursec Energy Efficient Computation and Lumiphase to proceed to the phase 2 stage of its startup competition.

Immunai, a global AI company leading in single-cell multi-omics technologies, announced the acquisition of Swiss bioinformatics company Nebion to expand its discovery and drug development capabilities. Nebion will become a wholly-owned subsidiary operating under the same name. Nebion’s team joins Immunai with the addition of new renowned executives.

Swiss Nuclides AG, a developer of a novel radionuclide PET tracers for the precision diagnostics closed the first closing of its Series A financing, raising CHF 2.6 million from private investors. The proceeds will be used to continue the preclinical and clinical develop of its lead molecules for prostate cancer, neuroendocrine tumours, and immunotherapy selection.

Panel with Ulf Grawunder, Martin Gertsch and Kobi Benenson plus two Start-Up Show Cases building up during the pandemic.

Venture kick is the third stage of Venture Kick that is carried out six months after the second stage. The winning teams will be awarded CHF 100.000 each.  

Ten startups were selected for the first Venture Leaders program dedicated explicitly to the medtech sector. In the fall, the Venture Leaders Medtech will embark on their roadshow to Boston and Cambridge. The selected start-ups will pitch in this virtual itch session.

Every month, eight projects are selected and given the opportunity to present their business ideas in front of a jury of successful entrepreneurs and investors.

Wie geht man bei einer Firmengründung richtig vor? Welches sind die Chancen, wo lauern Gefahren? An zwei Anlässen informieren die an der Initiative «startupbaselland» beteiligten Organisationen über den Schritt in die Selbständigkeit. Frischgebackene und etablierte UnternehmerInnen schildern ihre Erfahrungen.

Venture case is the second stage of Venture Kick that is carried out three months after the first stage and the winning teams will be awarded CHF 40.000 each.

Together with EY, experts from IFJ will address the challenges of how to internationalize your startup.

Agility and remote working have become hugely important as a result of the ongoing pandemic, with working from home now the normal. Technology is making our lives faster, changing leadership culture and offering opportunities for innovative and sustainable business models. With three topic streams, XDAYS offer a holistic awareness of digital transformation and give decision-makers the opportunity to network with peers from a whole host of different sectors.