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    January 26, 2024


    High amounts – sustainable growth

    Dear reader 

    It is an unrivalled success story. The obesity drug Wegovy – usually referred to by the media as the slimming jab – has made Novo Nordisk the most valuable European company. However, the Danish company is not resting on its laurels, but instead keeping its pipeline well filled. It has now concluded a collaboration and licence agreement with EraCal: the spin-off from the University of Zurich is working on a new type of appetite suppressor and is eligible for up to CHF 220 million in payments.

    Carvolution secured a similarly large sum as part of asset-backed financing. The car subscription start-up will receive up to CHF 200 million from British bank Barclays and other lenders in order to further expand its car fleet.

    Sygnum Bank received a classic investment: the company raised more than USD 40 million at a USD 900 million valuation. The financing follows very good business figures. Sygnum closed 2023 with a USD 100 million annualised revenue run rate and achieved positive cash flow in Q4.

    Swiss start-ups have now mastered the discipline of growth. They are able to attract a wide range of investors and use the money sustainably. This is demonstrated by another Swiss growth company. Thanks to numerous new customers, Yokoy significantly increased its turnover last year. Like many other well-financed scale-ups, the fintech also improved its profitability; however, it managed to do so without any major savings rounds. It has also continued to grow in terms of personnel.

    Other start-ups are currently beginning the scale-up phase. Perovskia Solar is building a factory in Aubonne in order to manufacture one million devices per year. Effetto Venturi has already achieved initial market success around the globe with its autonomous buoys and is now working on cost reduction and industrial-scale production to broaden its market presence. And a partnership with TeamViewer should give Almer a sustainable growth boost.

    The latest Swiss Venture Capital Report will be presented on 30 January. Registration is still open for the launch event in Zurich.

    A number of deadlines are looming: 31 January for the Future of Health Grants and 4 February for the next Startup Champions Seed Night at EPFL. The application deadline for the new Tech4Regeneration programme is 10 February. Applications are also open for the ESA BIC programme and the Swiss Fintech Awards.

    Have a good weekend.
    Stefan Kyora

    Editor in Chief, Startupticker.ch 

    News

    26.01.2024 16:00

    Stacksync on the rise

    By: Eugène Schön
    Stacksync on the rise

    Stacksync is the latest Swiss startup to join the Y Combinator. The EPFL spinoff led by Ruben Burdin (CEO) and Alexis Favre (CTO) has been gaining momentum lately closing a pre-seed round with YC, Lightbird VC and some angel investors. Powering currently the CRM integrations of its first batch of customers, the startup has ambitious plans.

    Tags: Global news, Global recognition, Investment
    26.01.2024 14:45

    TeamViewer relies on Almer

    Almer Arc 2

    TeamViewer and Almer launch an out-of-the-box Augmented Reality bundle for the remote support of frontline workers. The solution is already used by pilot customers such as Swisscom and Oerlikon. The strategic partnership between the German global provider of remote connectivity and the Swiss provider of Augmented Reality (AR) headsets includes joint marketing activities.

    Tags: Metaverse, Partnering
    26.01.2024 13:00

    Global healthcare VC firm invests $30m in icotec

    Photo by MART PRODUCTION on Pexels

    icotec AG, a Swiss medtech company pioneering the development of implants for spine tumor stabilization, has secured $30m growth financing from MVM Partners, a renowned venture capital firm with over $1 billion assets under management. The financial boost will support icotec’s market growth and strengthen its R&D capabilities to expand the product portfolio into the underserved indications of spinal infection and osteoporosis. 

    Tags: Investment
    26.01.2024 11:00

    New milestones for life sciences startups

    symbolic picture lab

    Exciting new developments are unfolding for Swiss life science startups in the fields of microbiological, oncology and spinal cord research. BioVersys is joining forces with a renowned Infection Research institute in Germany, CDR-Life announces FDA clearance of an Investigational New Drug (IND) application for their immunotherapy against solid tumors, and ONWARD Medical is on the verge of starting its clinical trial for treatment after spinal cord injury. 

    Tags: Development milestone, Partnering
    26.01.2024 09:00

    Effetto Venturi off to a flying start

    Effetto Venturi buoy

    Effetto Venturi, the Ticino startup focusing on autonomous buoys powered by electric thrusters and controlled by an autopilot, has already achieved recognition worldwide. Its buoys have been used on several continents. The company is now working on cost reduction and the initiation of industrial-scale production as well as a versatile compact water drone to broaden its market presence.

    Tags: Sports business
    25.01.2024 16:00

    «Swissbau Startup Challenge»: Drei Startups ausgezeichnet

    Gewinner Swissbau Startup Challenge

    Irmos Technologies, Rematter und Oxara stehen bei der zweiten «Swissbau Startup Challenge» auf dem Sieger-Treppchen. Das Team von Oxara wurde für seinen besonderen Beitrag für eine nachhaltigere Bau- und Immobilienbranche zudem mit dem «Green Award» ausgezeichnet. Die Challenge ist eine Kooperation der Swissbau und der Startup Academy Schweiz und wird von den Partnern Standortförderung Baselland und Hochschule für Architektur, Bau und Geomatik FHNW unterstützt.

    Tags: Artificial Intelligence, Proptech
    25.01.2024 14:35

    ZKB Pionierpreis Technopark shortlists 11 startups

    Pionierpreis winners 2023

    The panel of judges has nominated 11 startups from 45 submitted applications, for the ZKB Pioneerpreis Technopark 2024. The startups will proceed to the next stage as they contest to win a cheque for CHF 100,000.

    Tags: Artificial Intelligence
    25.01.2024 13:00

    Daniel Gutenberg amplifies his startup engagement with Swiss Rockets

    Daniel Gutenberg

    Swiss Rockets, an incubator and accelerator specialising in the promotion of biotech startups, has welcomed serial investor Daniel Gutenberg, to its board of directors. Bringing a wealth of experience, marked by investments in 12 unicorns, Gutenberg has also made strategic investments in several Swiss Rockets portfolio companies.

    Tags: People
    25.01.2024 10:25

    Sygnum raises more than USD 40 million at a USD 900 million valuation

    symbolic picture crypto currencies

    Global digital asset banking group Sygnum has raised more than USD 40 million in an interim close of its latest funding round, which is named the Strategic Growth Round. Sygnum closed 2023 with a USD 100M+ annualised revenue run rate and achieved positive cash flow in Q4.

    Tags: Blockchain, Global news, Growth, Investment
    25.01.2024 09:00

    Lendity Growth: Debt financing option for startups picks up speed

    Smeetz Platform

    Lendity Growth is a new offer in the tech financing scene, providing loans to growing tech startups. More than CHF 60 million in loans have been granted across Lendity’s strategies since 2018, with Smeetz, the provider of an AI-powered pricing system for the attraction industry, being the most recent recipient of a Lendity Growth loan.

    Tags: Growth
    24.01.2024 17:00

    Onward Therapeutics transitions to the clinical stage

    Symbolic image

    Based in Lausanne, Onward Therapeutics SA is a global biotechnology company developing innovative immunotherapies for cancer treatment. The company has kicked off the phase 1 clinical trial of OT-A201, a first-in-class bispecific antibody targeting two immune checkpoints.

    Tags: Development milestone
    24.01.2024 15:50

    Nuuro reshapes eating habits with AI

    Nuuro Co-fouders Dimitris Messinis (CTO) and Claudia Hilti (CEO)

    Zurich-based startup Nuuro is transforming the landscape of personalized nutrition with its innovative AI-powered meal recommendation app aimed at simplifying nutritional choices. The newly launched app now allows individuals to scan menus in various languages and make informed decisions about their meals. Supported by Genesis Ventures, the startup is set to expand its reach and enhance its technology for a global audience.

    Tags: Apps, Artificial Intelligence
    24.01.2024 14:00

    Four academic venture projects get FIT Grants

    Four academic venture projects get FIT Grants

    Four projects have received support from the Foundation for Technological Innovation (FIT) in the form of Tech Grants ranging from CHF 50'000 to 100'000: Maven Health and NeoSens from EPFL, as well as Grenat Sorter from HEIG-VD and NADUP from UNIL will be able to continue developing their technologies with the backing of the Foundation. 

    Tags: Grants and loans
    24.01.2024 11:00

    A new factory to cater Perovskia customer needs

    A new factory to cater Perovskia customer needs

    Perovskia, an EMPA spin-off, is setting up an ambitious factory in Aubonne (VD) to print a million of its custom-designed perovskite devices every year. Production is set to be operational in a few months. The indoor solar cell company has been gaining ground worldwide, with customers in Japan, Korea, India, Europe and the USA.

    24.01.2024 09:00

    Renowned Swiss organisations rely on AI- and cyber-safety startups

    Renowned Swiss organisations rely on AI- and cyber-safety startups

    Migros Bank and the European Laboratory for Particle Physics (CERN) are addressing performance and safety concerns regarding their own operational AI, as well as external cyberattacks. They have chosen Swiss startups to support them: ETH spinoff LatticeFlow teamed up with DEKRA to perform an AI assessment for Migros Bank, and Zurich-based startup xorlab ensures increased email security for CERN.

    Tags: Artificial Intelligence, Partnering
    23.01.2024 17:00

    Novo Nordisk to invest €235 million in EraCal

    Novo Nordisk to invest €235 million in EraCal

    Under their new collaboration and licence agreement, Novo Nordisk has obtained exclusive rights to develop and commercialize EraCal’s oral-active anti-obesity drug, a first-in-class appetite suppressor. In return, the Swiss startup is eligible for up to €235 million in payments. With its own weight-loss drug Wegovy, Novo Nordisk has become the most valuable company in Europe in 2023.

    Tags: Development milestone, Global news, Partnering
    23.01.2024 16:02

    Taurus obtains FINMA approval to open its marketplace to retail clients

    symbolic picture digital assets

    Taurus’ digital asset trading facility TDX and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now create an account and trade digital assets and tokenized securities. Taurus also announces a new list of issuers that selected TDX as a preferred venue to trade their digital securities, including well-known Investis Group, la Mobilière, Qoqa, SCCF, Swissroc, and Teylor.  

    Tags: Blockchain, Development milestone
    23.01.2024 14:35

    Swiss-Mile launches a new breed of robots powered by AI

    Swiss-Mile Robot

    Swiss-Mile, a spinoff of ETH Zurich, is bringing artificial intelligence to the world of robotics, enabling them to learn and adapt to different environments. The startup has developed a hybrid system that combines wheels and legs, allowing robots to navigate and perform tasks across various terrains. The company has already secured paying customers and a financing round of CHF 3.5 million, pushing it into the commercialisation phase.

    Tags: Robotics
    23.01.2024 10:30

    Carvolution sichert sich 200 Millionen Franken

    Vertragsunterzeichnung bei Carvolution

    Der Schweizer Marktführer für Auto-Abos Carvolution sichert sich eine Asset-Backed Finanzierung in der Höhe von bis zu 200 Millionen Franken. Unter den neuen Geldgebern ist die britische Bank Barclays. Das Oberaargauer Startup wird mit dem frischen Kapital seine Fahrzeug-Flotte weiter ausbauen.

    Tags: Investment, Mobility, Sharing Economy
    23.01.2024 09:00

    Yokoy: Umsatz gesteigert, Profitabilität verbessert

    Yokoy Angebot

    Dank zahlreichen neuen Kunden konnte Yokoy den Umsatz im vergangenen Jahr deutlich erhöhen. Wie viele andere gut finanzierte Scale-ups auch verbesserte das Fintech zudem die Profitabilität. Allerdings kam das Schweizer Startup dabei ohne tiefgreifende Sparrunden aus.

    Tags: Growth
    22.01.2024 17:00

    A spotlight for Swiss startups

    A spotlight for Swiss startups

    Juries from different International programs such as UpLink accelerator, the CES Honoree and the TechTour have acknowledged the quality of solutions and innovation prowess of Swiss startups, giving them a spot on the winners’ podium.

    22.01.2024 16:00

    b-rayZ receives CE Mark for its custom AI technology for breast diagnostics

    Mammography device

    The b-rayZ Data Adaptive Neural Artificial Intelligence technology is poised to redefine AI capabilities in breast imaging, offering a groundbreaking Custom AI framework for efficient, accurate, and sustainable mammography screening and diagnostics. The technology has obtained the CE Mark, paving the way for the startup to offer a complete end-to-end AI platform solution for breast imaging.

    Tags: Development milestone
    22.01.2024 15:00

    DOPPL and Rea Diagnostics get FIT Funding Boost

    DOPPL and Rea Diagnostics get FIT Funding Boost

    DOPPL, a leader in organoid engineering for disease modelling and personalised medicine, has received a Tech Growth loan of CHF 500,000 from the Foundation for Technological Innovation (FIT), while Rea Diagnostics, specialising in the detection of premature births, has received a Tech Seed loan of CHF 100,000.

    22.01.2024 11:00

    OneTwenty secures first funding to launch AI diabetes technology

    OneTwenty co-founders l-r: Michael Rottmann and Julian Stiels

    OneTwenty AG, a medtech startup offering a diabetes management platform, has closed its first financing round led by renowned health technology VC Dieter von Holtzbrinck Ventures. The investment will propel the commercialisation of its AI-driven algorithms that enhance the functionality of diabetes devices.

    Tags: Investment
    22.01.2024 09:04

    Synendos Therapeutics’ drug against CNS disorders cleared for clinical trials

    symbolic picture lab

    The European Medicines Agency (EMA) approved the launch of Phase 1 of the “first-in-human” clinical trial for Synendos Therapeutics’ lead candidate, SYT-510. It is a first-in-class agent aimed at restoring healthy brain physiology in patients suffering from Central Nervous System (CNS) disorders. The clinical trial will investigate the safety, tolerability and pharmacokinetics of the drug candidate.  

    Tags: Development milestone

    Upcoming events

    Events with an application deadline next week

    123rd SICTIC Investor Day - Medtech

    Event date: 29.02.2024 17:00 - 21:00
    Location: sitem-insel AG, Freiburgstrasse 3, 3010 Bern / Hybrid
    123rd SICTIC Investor Day - Medtech

    At the SICTIC Investor Day innovation meets investment in the dynamic world of MedTech. Set to take place on February 29th, this event promises to be a hub of groundbreaking ideas, pioneering startups, and strategic investment opportunities. The goal is to connect forward-thinking investors with the most promising Medtech startups.

    Startup Champions Seed Night 2024 - 13th edition

    Event date: 25.04.2024; 17:00 - 21:00
    Location: EPFL, Forum Rolex
    Startup Champions Seed Night 2024 - 13th edition

    The Startup Champions Seed Night is an annual startup presentation event bringing together the most promising entrepreneurs from Swiss universities, angel investors, mentors, industry leaders, and scientists for an onsite audience of 400+ people.

    Events taking place next week

    Startupticker Brunch

    Event date: Tuesday 30 January 2024
    Location: Careum Auditorium, Pestalozzistrasse 11, Zürich
    Startupticker Brunch

    The Swiss Venture Capital Report is the reference publication for investment in Swiss start-ups.The event focuses on the presentation of the results for 2023. The event will also provide extensive networking opportunities.

    Swiss Venture Capital Report Presentation

    Event date: 30.01.2024 16:00 - 19:00
    Location: Innovaud , 2 Avenue Gratta-Paille, 1018 Lausanne
    Swiss Venture Capital Report Presentation

    Explore the latest findings in the Swiss Venture Capital Report 2023. - The event is fully booked.

    Info session Game Design: Pro Helvetia updates support measures

    Event date: 30.01.2024 17:00 - 18:00
    Location: Online
    Info session Game Design: Pro Helvetia updates support measures

    In this info session, “Design Work Grants”, representatives from Pro Helvetia will share insights on the new program changes and funding opportunities.

    Simply Business: Unternehmerin werden - ein Abend für Gründerinnen

    Event date: 30.01.2024 18:00 - 19:30
    Location: Haus der Wirtschaft, Hardstrasse 1, Pratteln
    Simply Business: Unternehmerin werden - ein Abend für Gründerinnen

    Am Event erhalten (angehende) Gründerinnen wertvolle Impulse von ExpertInnen und UnternehmerInnen erhalten, können unkompliziert Fragen stellen und sich mit Gleichgesinnten austauschen.

    Party for Business CCIG: L'intelligence artificielle au service des entrepreneurs

    Event date: 30.01.2024 18:30 - 21:00
    Location: Playground , Chemin de Blandonnet 8, 1214 Vernier
    Party for Business CCIG: L'intelligence artificielle au service des entrepreneurs

    La Chambre de Commerce, d'Industrie et des Services de Genève en collaboration avec l'équipe Générations CCIG a le plaisir de vous inviter à la troisième soirée dédiée à la relève entrepreneuriale de Genève. Cette soirée au Playground explorera le passionnant monde de l'Intelligence Artificielle.

    tfz Start-Up Insights – Be Up To Date & Collaborate

    Event date: 31.01.2024 09:00 - 14:00
    Location: Lorzensaal, Dorfplatz 3, 6330 Cham
    tfz Start-Up Insights – Be Up To Date & Collaborate

    Das Event bringt etablierte Unternehmen und acht Startups mit spannenden, neuen Lösungen und erfolgsversprechenden Businessmodellen zusammen.

    Successful Exit planning - SICTIC webinar

    Event date: 31.01.2024 12:00 - 13:00
    Location: Online webinar
    Successful Exit planning - SICTIC webinar

    Navigating the intricate landscape of exit planning is crucial for every entrepreneur and investor. Join us for an engaging discussion as Alexander and Ralph share their wealth of experience and expertise in Successful Exit Planning and strategic decision-making.

    Journée Recherche et Innovation 2024

    Event date: 01.02.2024 16:30 - 19:00
    Location: Le CUBE, Site de Beausobre, 1110 Morges
    Journée Recherche et Innovation 2024

    "Collaborer pour innover à l'ère du numérique". Une édition 2024 autour de cette question centrale. L'occasion également de découvrir, approfondir et envisager toutes les possibilités de collaboration avec la HEIG-VD.

    Develop your international ambitions through Enterprise Europe Network

    Event date: Thursday, February 1. 2024; From 17:00 to 18:00
    Location: Online
    Develop your international ambitions through Enterprise Europe Network

    Discover Europe's premier support hub for SMEs & Startups in STARTIMPULSE. Utilize the Enterprise Europe Network to connect with research, technology, and business partners, gaining expertise on expanding your international network.

    9 Schritte zu noch mehr Erfolg

    Event date: Donnerstag, 01. Februar 2024; 18:00 - 21:00 Uhr
    Location: Online
    9 Schritte zu noch mehr Erfolg

    Lerne die Geheimnisse der Nutzensprache kennen und du verzauberst deine Kunden in den ersten Millisekunden.

    Les Petits Déj' des PME et Startup - Le management participatif ou horizontal, comment ça marche?

    Event date: 02.02.2024 07:45 - 10:00
    Location: Grande Salle de Vufflens-la-ville route de Bovon 46. Vufflens-la-Ville
    Les Petits Déj' des PME et Startup - Le management participatif ou horizontal, comment ça marche?

    Le Service de la promotion de l'économie et de l'innovation (SPEI), le Centre Patronal et Innovaud ont le plaisir de vous inviter au prochain événement des Petits Déj' du canton de Vaud.

    AEC Hackathon launches in Switzerland

    Event date: Fr., 2. Februar 2024 - So., 4. Februar 2024
    Location: ZHAW School of Architecture, Design and Civil Engineering, Halle 180, Tössfeldstrasse 13, 8400 Winterthur.
    AEC Hackathon launches in Switzerland

    welcome to the first AEC Hackathon in Switzerland. 40 hours full of learning, networking and fun with like-minded individuals for all digital doers in the construction industry.

    InsurTech Ecosystem Meet Second Edition

    Event date: 05.02.2024 17:00 - 21:00
    Location: PwC Zurich, Birchstrasse 160, 8050 Zurich
    InsurTech Ecosystem Meet Second Edition

    The Swiss InsurTech Hub is organizing its second ecosystem meetup for like-minded players in the insurance sector to discuss current trends. Startups from Switzerland and Israel will present to the audience.

    venture pitch

    Event date: 06.02.2024; 08:45-13:30
    Location: Startup space, Wiesenstrasse 10A, 8952 Schlieren-Zurich
    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.

    AI Days 2024

    Event date: 06.02.2024 09:00 - 07.02.2024 17:00
    Location: HES-SO Master Lausanne et HES-SO Valais-Wallis Sion
    AI Days 2024

    Fort du grand succès de la première édition qui a réuni près de 200 personnes, le Centre Suisse d'Intelligence Artificielle pour les PMEs (CSIA-PME), projet issu des hautes écoles du domaine Ingénierie et Architecture de la HES-SO, organise la deuxième édition des AI Days@HES-SO les 6 et 7 février 2024. Comme lors de la première édition, cette manifestation se tient sur deux sites : Lausanne et Sion.

    How can an Advisory Board elevate your success by 67%?

    Event date: 06.02.2024 11:30 - 12:15
    Location: Zoom
    How can an Advisory Board elevate your success by 67%?

    Did you know that having the right board can substantially enhance your success? Companies with strong & diverse boards are 43% more likely to experience higher profits, receive 60% more interest from investors, have 60% higher Return on Invested Capital and reduce their probability of bankruptcy by 30%.

    122nd Sictic Investor Day

    Event date: 06.02.2024 17:00 - 20:00
    Location: Online
    122nd Sictic Investor Day

    Participants will explore new investment prospects presented by startups seeking funding and support in this virtual gathering.

    Mein erstes Jahr als Geschäftsführer/in

    Event date: Dienstag, 06. Februar 2024; 17:30 - 19:30 Uhr
    Location: Online
    Mein erstes Jahr als Geschäftsführer/in

    Du hast gerade deine eigene GmbH oder AG gegründet? Du bist dir nicht sicher welche Aufgaben und Pflichten als Geschäftsführer/in (GF) oder Verwaltungsrat bzw. Verwaltungsrätin (VR) auf dich zukommen?

    Upcoming trainings

    Trainings with an application deadline next week

    Scaling Up Sales 2024

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

    Swiss Prime Site Start-up Accelerator Programme

    Event date: 16.04.2024; 08:30 - 17:30
    Location:

    Business Concept in Basel

    Event date: 13 September - 20 November 2024
    Location: Pupella Innovation Garage Kreuzstrasse 4 4123 Allschwil

    Trainings taking place next week

    Businessplan Basic

    Event date: Dienstag, 30. Januar 2024; 12:00 - 14:00 Uhr
    Location: Online

    Patent Search Workshop

    Event date: 30.01.2024 13:30 - 17:00
    Location: ETH Zurich Rämistrasse 101, 8092 Zurich - Room: HG F 33.1 Main Building

    In 4 Schritten zu deiner eigenen Firma

    Event date: Dienstag, 30. Januar 2024; 17:00 - 19:00 Uhr
    Location: Online

    In 4 Schritten zu deiner eigenen Firma

    Event date: Mittwoch, 31. Januar 2024; 12:00 - 14:00 Uhr
    Location: Online

    Four steps to your own company (EN)

    Event date: ; 17:00 - 19:00
    Location: Online

    How To Attract Your Ideal Candidates In 2024: Mastering First Impressions

    Event date: 01.02.2024 08:45 - 12:45
    Location: Impact Hub Colab

    Free Webinar: Negotiating IP Licenses with Universities

    Event date: 01.02.2024 17:30 - 18:00
    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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