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    February 28, 2025


    Growth on the horizon

    Dear reader

    This week’s announcement of three major financing deals in the fintech sector may signal an upturn in the VC landscape. Sparta, a Geneva-based provider of real-time intelligence for oil and gas traders, has secured USD 42 million to expand its technology into new commodities. Unique has obtained USD 30 million to fuel global expansion of its flagship product Unique FinanceGPT, and Amnis, which offers an all-in-one banking platform for SMEs, has raised USD 10 million in order to strengthen its market position.

    Comphya has secured CHF 4.35 million in the first tranche of its series A financing round to advance clinical trials for CaverSTIM, the first implantable neuromodulator to treat erectile dysfunction. Adoram Therapeutics has closed its first investment deal to accelerate development of enhanced cancer therapies, as has CellX Biosolutions, which identifies high-performance bacterial degraders of industrial pollutants.

    Funding is crucial for business growth, but mergers and acquisitions are equally important for continuity and market expansion. Lausanne-based Technis’ acquisition strategy to become a European leader has started with its recent purchase of French AI-driven video protection company Videtics. Three scheduling companies, including Lucerne-based Calenso, have merged to broaden their services. OnlineDoctor, which offers digital skin diagnosis, has been taken over by Lohmann & Rauscher, and medtech start-up GetSet Surgical has been acquired by Italian healthcare company Demetra Holding.

    Even when circumstances appear favourable, growing a company remains a formidable challenge. This was the case for Andrea Tassistro and Edouard Thimon, co-founders of PowerAPI: despite securing a strategic partnership with Google, they were forced to cease operations just a few months later. Tough market conditions, including customer acquisition costs and lengthy sales cycles, were primarily to blame. Lukas Reinhardt, head of UBS Growth Advisory, acknowledges the current hurdles in our interview, but is optimistic about a potential market upturn.

    Despite these challenges, the entrepreneurial ecosystem is not short of ambitious founders and robust support. This is evident from the 10 spin-off start-ups founded last year at the University of Basel, and the new SPARK Western Switzerland pre-incubation programme, which aims to foster innovation and growth in the life sciences.

    Registration for the Swiss Fintech Awards closes this week on 2 March. KlimUp, a support programme for climatetech start-ups from the city of Zurich and Bluelion, and MassChallenge are accepting applications until 5 March. The Innosuisse Scale-up Coaching is also open for applications until 18 March.

    Have a good weekend.
    Ritah Ayebare Nyakato

    Duty Editor, Startupticker.ch

    News

    28.02.2025 15:15

    Cotierra and Volcafe issue first biochar-based carbon removal credits

    Cotierra and Volcafe issue first biochar-based carbon removal credits

    Cotierra, the Swiss startup that decarbonises agricultural supply chains with scalable biochar solutions, together with its partner Volcafe have officially issued biochar-based carbon removal credits in Colombia. This landmark achievement sets a new precedent in the Colombian coffee industry, demonstrating that biochar can effectively support the decarbonisation of coffee farming while benefiting farmers.

    Tags: Partnering
    28.02.2025 14:35

    Italian Healthcare Holding Acquires Majority Stake in GetSet Surgical

    GetSet Surgical products

    Milan-based Demetra Holding acquires a 51% stake in GetSet Surgical, a leader in sterile packaged single-use spine surgical kits founded in 2016. The strategic acquisition will enhance Demetra’s infection management solutions and orthopedic offerings.

    Tags: Exit, Global news
    28.02.2025 11:21

    Six start-ups selected for Future of Health Grant

    symbolic picture digital health - rawpixel

    The Future of Health Grant acceleration program, led by CSS and EPFL Innovation Park, received a record-breaking 243 applications for its spring cohort. Six of them have now been selected. And to push innovation even further, the FoHG is launching its “Pilot Factory”, an initiative that will facilitate multi-stakeholder collaborations to test solutions in real-world settings.

    Tags: Grants and loans
    28.02.2025 11:00

    Nine new companies awarded Scale-up Vaud Label

    Nine new companies awarded Scale-up Vaud Label

    Innovaud just unveiled its updated list Scale-up Vaud list. This year, nine new Vaud-based companies have obtained the label.  The 42 companies listed have created more than 4,550 jobs in Switzerland and worldwide.

    Tags: Growth
    28.02.2025 09:03

    University of Basel reports new record for deep tech spin-offs

    symbolic picture Basel

    Despite a challenging environment, the number of spin-offs at the University of Basel continues to grow. Ten deep tech start-ups were founded in 2024, eight of which came from the healthcare sector. The university is providing further impetus with a new pre-incubation programme based on the SPARK Stanford model.

    Tags: Transfer
    27.02.2025 17:00

    "While PowerAPI achieved key milestones, the evolving SaaS landscape made scaling difficult"

    "While PowerAPI achieved key milestones, the evolving SaaS landscape made scaling difficult"

    A few days ago, Geneva-based PowerAPI CEO and cofounder Andrea Tassistro announced on LinkedIn that his company was ceasing its operations after seven years. Startupticker.ch had the opportunity to ask him a couple of questions about the reasons, his learnings and his recommendations for entrepreneurs.

    27.02.2025 16:50

    Financial Times 2025 ranking highlights Switzerland’s role in Europe’s startup ecosystem

    Financial Times 2025 ranking highlights Switzerland’s role in Europe’s startup ecosystem

    Venture Kick secured sixth place, and ESA BIC ranked tenth, in the recently published Financial Times Top 150 startup hubs across Europe. Eight Swiss incubators and accelerators also made the ranking, positioning Switzerland as a thriving hub for startup innovation.

    Tags: Report
    27.02.2025 14:00

    Three Geneva startups including a sustainable mobility project granted FIF Funding

    Three Geneva startups including a sustainable mobility project granted FIF Funding

    Three Geneva-based startups and projects in sustainable mobility and in life sciences have been selected to receive funding through the FONGIT Innovation Fund (FIF), aimed at fostering innovation and advancing sustainable solutions in the Canton of Geneva. Notably, this marks the first funding collaboration between the Modus Foundation and FONGIT to support a sustainable mobility project, underscoring their shared commitment to driving innovation and advancing cutting-edge solutions in this field.

    27.02.2025 10:38

    Unique Secures USD $30 Million to Pioneer Agentic AI Workforce in Financial Services

    Picture L-R: Unique Founders Manuel Grenacher, Michelle Heppler, Andreas Hauri

    Unique closed its Series A funding round, raising USD $ 30 million. The Zurich-based startup is at the forefront of responsible agentic AI innovation for Asset Management, Wealth Management and Retail & Private Banking. Unique’s solutions are already deployed by blue-chip companies including Pictet Group, UBP, LGT Private Banking or SIX. The funding will be used to boost the company’s global expansion efforts.

    Tags: Artificial Intelligence, Global news, Investment
    27.02.2025 09:00

    Nuavo prend son envol avec un premier investissement

    Nuavo prend son envol avec un premier investissement

    Nuavo Holdings, la société d'investissement entrepreneuriale suisse, vient d’annoncer l'acquisition d'une participation majoritaire dans Domofen, l'un des principaux fabricants suisses de fenêtres et de portes en PVC. Ce premier investissement marque une étape importante pour la nouvelle entreprise portée par l’entrepreneur romand Raphael Gindrat.

    Tags: People
    26.02.2025 17:02

    A trio merger: Calenso joins US-based companies to make scheduling seamless

    Calenso founding team

    With a customer base comprising over 10’000 customers, Calenso has grown into a leading scheduling platform in the DACH region. The company is merging with US companies jrni, the international specialist in personalized customer interactions, and Event Farm, the pioneer in event marketing to create a one-stop-shop for face-to-face customer interactions from appointments to queuing to events and beyond. Calenso remains an independent brand driven by a team from its headquarters in Rothenburg, Lucerne.

    Tags: Global news, M&A
    26.02.2025 16:00

    FC Barcelona’s innovation hub invests in Riterz

    symbolic picture ball

    The Barça Innovation Hub (BIHUB) has made a strategic investment in the startup Riterz, a Swiss company redefining the sponsorship sector from a digital perspective by providing rights holders and brands with an innovative AO-powered platform.

    Tags: Investment, Sports business
    26.02.2025 14:45

    Swiss Startup Association und HWZ Hochschule für Wirtschaft Zürich spannen zusammen

    symbolic picture plan

    Die HWZ Hochschule für Wirtschaft Zürich und die Swiss Startup Association gehen eine strategische Partnerschaft ein und stärken so gezielt das Schweizer Start-up- Ökosystem. Der erste Schritt dieser Kooperation ist die Lancierung des neues CAS Entrepreneurship HWZ. Weitere gemeinsame Projekte sind angedacht.

    26.02.2025 11:30

    Swisscom Ventures leads CHF 10 series B round for Amnis

    Amnis team

    AMNIS Treasury Services AG, a Zurich-based fintech founded to reshape international banking for companies, has completed its Series-B investment round, raising CHF 10 million to accelerate its growth. Swisscom Ventures has led the round.

    Tags: Investment
    26.02.2025 08:31

    Global tätiger Medtech-Konzern übernimmt OnlineDoctor

    Thomas Menitz (CEO von L&R), Dr. Philipp Wustrow (Geschäftsführer OnlineDoctor), Dr. Tobias Wolf (Geschäftsführer OnlineDoctor) und Holger Mägdefrau (CFO von L&R)

    Lohmann & Rauscher (L&R), ein international führender Entwickler, Hersteller und Anbieter von Medizin- und Hygieneprodukten übernimmt die St. Galler OnlineDoctor AG. Das Digital Health Startup ist Marktführer für Teledermatologie in Deutschland und der Schweiz.

    Tags: Exit
    25.02.2025 16:00

    Adoram Therapeutics Secures Pre-Seed Investment

    Adoram Therapeutics Secures Pre-Seed Investment

    Adoram Therapeutics, a Geneva-based biotech company spun off from the University of Geneva, specializing in allosteric modulators for cancer immunotherapy and inflammatory conditions, is excited to announce that it has secured a pre-seed investment to accelerate its groundbreaking research.

    25.02.2025 14:16

    Verretex obtains funding to advance circular-glass fiber textiles

    Verretex obtains funding to advance circular-glass fiber textiles

    EPFL spin-off Verretex is accelerating the adoption of regenerated glass fiber textiles, turning waste into high-quality materials. Venture Kick is backing the cleantech startup with CHF 150,000 to support its development and strengthen industry partnerships.

    25.02.2025 11:40

    CellX secures CHF 1.7 million in pre-seed funding

    Symbolic image

    Addressing the chemical pollution challenge, CellX Biosolutions develops high-performance bacterial degraders that enable CO2 emission-free degradation of industrial pollutants. The company has closed its pre-seed round, raising CHF 1.7 million to develop the first commercial bacterial solution for PFAS degradation.

    Tags: Investment
    25.02.2025 10:00

    Une première acquisition pour faire rayonner Technis en Europe

    Une première acquisition pour faire rayonner Technis en Europe

    Technis rachète la société française Videtics, spécialisée dans l’application de l’IA dans la vidéoprotection et l’optimisation des flux. La scale-up vaudoise développe ainsi sa nouvelle stratégie d’acquisition pour devenir le leader européen du marché. Avec cette première acquisition en France, Technis intègre instantanément une expertise éprouvée en intelligence artificielle (IA) appliquée à l’image et à la vidéo, et pose la première pierre d’un groupe européen souverain dans l’optimisation et la sécurisation des espaces physiques par l’IA.

    Tags: Artificial Intelligence, M&A
    24.02.2025 17:00

    “Many start-ups have reached break-even, but have had to revise their growth plans”

    UBS Growth Advisory Team Head Lukas Reinhardt

    UBS Growth Advisory supported more than 25 Swiss scale-up companies in 2024 – the majority through growth loans. UBS Growth Advisory Team Head Lukas Reinhardt talks about the challenges for venture capital investments and exits, the trend towards deep tech and why growth loans are in demand.

    Tags: Interview, Investor
    24.02.2025 16:55

    Sparta Secures $42M to Transform Commodity Trading

    Sparta Secures $42M to Transform Commodity Trading

    Sparta, a market-leading provider of real-time intelligence for commodity traders based in Geneva, has secured $42 million in Series B funding. This investment fuels Sparta’s expansion beyond oil and gas, accelerating its development into a full-scale AI-powered trading platform empowering traders with actionable intelligence and collaborative decision-making.

    Tags: Artificial Intelligence, Global news, Investment
    24.02.2025 14:07

    New acquisition brings Pexapark into the US

    New acquisition brings Pexapark into the US

    Pexapark, a provider of price data, market intelligence and advisory services for renewable energy, today announced the acquisition of RenewaFi, the leading platform for renewable energy and battery storage in ERCOT, the grid covering most of Texas. The deal marks Pexapark’s entry into the US, with access to a network of over 200 energy companies.

    Tags: Global news, M&A
    24.02.2025 10:30

    Comphya secures Series A First Tranche of CHF 4.35M

    Comphya secures Series A First Tranche of CHF 4.35M

    Comphya SA, a pioneering medical technology company and the developer of CaverSTIM, the first implantable neuromodulator designed to treat erectile dysfunction announced recently the successful closure of the first tranche of its Series A1 funding round. This achievement strengthens Comphya’s financial position, enabling the continued advancement and expansion of its groundbreaking clinical trials.

    Tags: Investment

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    Pitch'n'Bar Vaud 2025_Spectateur

    Event date: Mercredi, 12 mars 2025; de 19:30 à 21:00
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    Pitch'n'Bar Vaud 2025_Spectateur

    Pitch’n’bar, c’est une série de compétition de pitchs entre des entrepreneurs à la rencontre d'un public, le tout dans un bar au centre-ville.

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    Event date: 13.03.2025 08:00 - 18:00
    Location: Radisson Blu Hotel at Zurich Airport
    Swiss Nordic Bio 2025

    Swiss Nordic Bio is a high-level partnering and investor conference aimed at connecting healthcare innovations, investor and industry.

    Events taking place next week

    AI & Robotics in Mobility Challenge

    Event date: 04.03.2025 09:00 - 16:00
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    AI & Robotics in Mobility Challenge

    The third Challenge, hosted in partnership with SBB, marks a new chapter in our innovation journey! This initiative invites participants to identify the underlying challenges and explore approaches to enhance the application of AI and Robotics in mobility in Switzerland. Whether it’s through leveraging emerging AI and Robotics technologies or improving sustainability in transportation, this challenge is set to drive forward-thinking projects that address real-world needs. The most promising innovations will receive funding of CHF 25'000.

    Payment und Experience: Wie TWINT mit Einfachheit die Schweiz verbindet

    Event date: Dienstag, 04. März 2025; 18:30 - 19:30
    Location: startup space, Wiesenstrasse 10A, 8952 Schlieren
    Payment und Experience: Wie TWINT mit Einfachheit die Schweiz verbindet

    Mit TWINT bequem und sicher mit dem Smartphone bezahlen: an der Supermarktkasse, im Online-Shop, beim Einkaufen im Hofladen, unter Freunden, im öffentlichen Verkehr oder beim Parkieren. Mit mehr als 5 Millionen aktiven Nutzerinnen und Nutzern ist TWINT die führende Bezahl-App der Schweiz.

    Women Leading the Way: Breaking Barriers, Building Futures

    Event date: 06.03.2025 12:00 - 14:30
    Location: ETH / SPH Clausiusstrasse 16 – Zurich
    Women Leading the Way: Breaking Barriers, Building Futures

    In celebration of Women's Day this event will highlight the powerful impact of women in Venture Capital and Investment.

    Open Call: Represent Switzerland at the HumanX AI Conference in Las Vegas

    Event date: 10.03.2025 10:27 - 13.03.2025 10:27
    Location: Las Vegas, NV, USA
    Open Call: Represent Switzerland at the HumanX AI Conference in Las Vegas

    The HumanX AI Conference brings together global leaders, investors, and innovators shaping the future of artificial intelligence. This flagship event features nine dynamic industry tracks, more than 3,500 attendees, and 300+ expert speakers, offering countless opportunities to connect with key players in the AI ecosystem. Six startups will be selected to participate.

    SHS Webinar on "AI in Healthcare: Navigating the EU AI Act and FDA Guidelines"

    Event date: 11.03.2025 13:00 - 14:00
    Location: Online
    SHS Webinar on "AI in Healthcare: Navigating the EU AI Act and FDA Guidelines"

    In this webinar, hosted by our partner Effectum Medical, medical device expert Dr. Rolf Kaufmann will provide an in-depth overview of the evolving regulatory landscape, focusing on the EU AI law and FDA guidance.

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    Event date: 07.04.2025 12:00 - 17:00
    Location: Zurich & Online

    Trainings taking place next week

    Die Grundlagen des Marketings

    Event date: Freitag, 28. Februar 2025; 17:00 - 18:30 Uhr
    Location: Online

    Business Creation: Energy & Environment @ Lausanne

    Event date: 03.03.2025 14:00 - 03.04.2025 20:00
    Location: Lausanne

    Business Creation ICT

    Event date: 05.03.2025/ 06.03.2025/ 24.03.2025/ 25.03.2025/ 10.04.2025; 9:00 - 17:00
    Location: UniS, Schanzeneckstrasse 1, 3012 Bern

    Versicherung & Vorsorge für deine Firma und dich

    Event date: Dienstag, 11. März 2025; 10:00 - 12:00 Uhr
    Location: Online
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