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    July 23, 2021


    More investors and more money

    Dear reader

    This week, together with SECA, we published our analysis of investment in Swiss start-ups in the first half of the year. The results are gratifying: the total sum invested of CHF 1.7 billion is 130% above the first half of the previous year and more than 50% higher than the record for the first half of 2019. In addition, the number of exits, which in the first lockdown in spring 2020 had practically come to a standstill, rose strongly to 24.

    In addition to an analysis of the numbers, we carried out, together with the Institute for Financial Services Zug IFZ at Lucerne University of Applied Sciences and Arts, the first systematic analysis of corporate venture capitalists (CVCs) in Switzerland. The results are based on a survey of 24 large Swiss companies that invest in start-ups and not only show strong growth in the number of CVCs, but also provide information about the selection of start-ups, previous results and plans for further investment.

    This week, too, CVCs were involved in an investment: proptech start-up PriceHubble received USD 34 million from investors that included the Helvetia Venture Fund, Swiss Life and the TX Group. Despite the summer break, it was a very active week in terms of investing. We reported on a total of eight financing rounds: energy storage provider Energy Vault generated USD 20 million, biotech company TargImmune USD 19 million and cybersecurity start-up Nym USD 6.5 million.

    And it shouldn’t be forgotten that Sophia Genetics ventures on to Nasdaq’s trading floor today, with the aim of reaching its valuation of more than USD 1 billion. In the course of the IPO, the Lausanne-based company disclosed key financial figures: in the first quarter of 2021, it achieved sales of USD 9 million – 20% more than in the same quarter of the previous year.

    Other Swiss start-ups have also met with success on the market, such as RigiTech, with its delivery drones, and Swissto12, which will work with Elbit Systems in the future. And after a successful pivot from a B2C to a B2B business model, VAY has now received an additional CHF 150,000 from Venture Kick.

    Registration is open until the end of the month for various awards and pitching events, including Venture Leaders Deeptech, Swiss Digital Day’s pitching battle, Roche Startup Day and the i4Challenge.

    Have a good weekend. 
    Stefan Kyora

    Editor in Chief, Startupticker.ch 

    News

    23.07.2021 15:00

    Europe’s First Hyperloop Testing Track ready for Swisspod

    hyperloop testing track at EPFL

    Engineers at EPFL’s DESL lab, working in association with EPFL spin-off Swisspod, have built a Hyperloop test track on the Lausanne campus. They will use the loop – a large vacuum tube for ultra-high-speed travel – to test a linear induction motor. The research is being funded by an Innosuisse grant.

    Tags: Mobility, Transfer
    23.07.2021 14:10

    A global stage for Swiss innovators

    A global stage for Swiss innovators

    Juries of award competitions and accelerator programs in the US, the neighbouring countries like Germany, Austria and France have recognised and awarded seven  innovative solutions from Switzerland. Participation in acceleration programs is one of the prizes.

    Tags: Global news
    23.07.2021 13:00

    Nym next-generation privacy network gets USD 6.5M

    Nym Team

    Neuchâtel based privacy startup Nym Technologies has closed a 6.5 million USD funding round from venture capital in order to build an open source and decentralized privacy network that plans to compete against closed source privacy networks such as Apple’s recently announced “private relay” network.

    23.07.2021 11:59

    Vay.ai banks CHF 150’000

    The VAY co-founders (from left to right): Joel Roos (CEO), Patrizio Bonzani (CTO), and Ben Simon (COO)

    With its B2B Software-as-a-Service solution for computer-vision-enabled human motion analysis in real-time, Zurich based Vay has attracted interest from renowned players in fitness, therapeutics and rehabilitation space. The secured CHF 150,000 from Venture Kick will allow the startup to strengthen its position.

    Tags: Sports business
    23.07.2021 09:41

    UBS lanciert Plattform für Unternehmenswachstum

    Bild: Christoph Jenny (links) und Michael Born sprechen über ihre Erfahrungen

    Beim UBS Swiss Growth Project erhalten Unternehmerinnen und Unternehmer Denkanstösse, Antworten und Unterstützung – von anderen Unternehmern und Unternehmerinnen sowie aus dem UBS-Netzwerk. In einem ersten Video-Talk tauschen Christoph Jenny von Planted und Michael Born von PXL Vision Erfahrungen aus.

    23.07.2021 08:43

    Kein Umweg wegen Mehrweg: kooky startet Pilot mit SBB

    Mehrwegsystem inklusive Rückgabeinfrastruktur von kooky

    Kooky hat ein Mehrwegsystem inklusive Rückgabeinfrastruktur mit digitaler Anbindung für Getränkebecher entwickelt. An den Bahnhöfen in Basel und Zürich wird das System nun vier Monate getestet.

    Tags: Logistics, Partnering
    22.07.2021 16:22

    Partnerships to fuel global growth

    Partnerships to fuel global growth

    Four startups have joined forces with other organisations in the energy, healthcare, space and fintech sectors. Their aims: to boost their growth, develop and test products and leverage each other’s expertise.

    Tags: Global news, Partnering
    22.07.2021 15:39

    Adresta schliesst Finanzierungsrunde ab und erweitert Angebot

    Symbolbild Uhr

    Die Helvetia Versicherung und die ETH Foundation haben zusammen mit weiteren Investoren, in Adresta investiert, ein Zürcher Startup, das sich auf die Erstellung digitaler Identitäten für Uhren spezialisiert hat. Eine Zusammenarbeit mit Swisscom ermöglich Adresta nun auch hochsichere, in der Schweiz gespeicherte Zertifikate anzubieten.

    Tags: Investment, Security
    22.07.2021 13:28

    Biospectal concludes a $4.3M seed investment round

    Biospectal concludes a $4.3M seed investment round

    Led by Digital Health Investor, SeedLink, Biospectal’s seed round will enable the startup to scale OptiBP, a clinical-grade blood pressure measurement and monitoring product and operations worldwide. Renowned interventional cardiologist and inventor, Fred St. Goar and SeedLink's Tim Juergens joined Biospectal's Board of Directors.

    Tags: Digital health, Investment
    22.07.2021 10:50

    Bottmedical debuts its Naturaligner in the market

    Naturaligner

    Following the closing of its CHF 1.1 million investment round in April, Bottmedical has launched its product, Naturaligner. The CE certified teeth correction system is now available in Switzerland within an increasing number of clinics.

    Tags: Development milestone
    22.07.2021 08:39

    Energy Vault obtains $20 million and strategic partnership with US-based company

    Energy Vault Tower

    As part of their strategic partnership, Helena Special Investments, has injected $20 million in Lugano based startup, Energy Vault. The capital will help to expand the circular economic value proposition of the startup’s energy storage platform and its remediation technologies.

    Tags: Investment, Partnering
    21.07.2021 17:04

    Majority of cleantech start-ups needed support due to the pandemic

    symbolic picture life belt

    According to a survey by the Swiss Environment and Energy Innovation Monitor two thirds of Swiss startups from the energy and environment sectors needed support as a result of the pandemic. For 75% the support was sufficient.

    Tags: Corona Analyses, Report
    21.07.2021 16:00

    Sleepiz: Über eine Partnerschaft zum Markteintritt

    Schlafscreening ist dank dem Gerät von Sleepiz auch zuhause möglich

    Mit der Lösung vom Zürcher Startup Sleepiz kann der Schlaf zuhause gescreent werden – ganz ohne Verkabelung und Nasenkanüle. Jetzt kommen die Geräte bei der Lungenliga Zürich zum Einsatz.

    Tags: Development milestone, Digital health
    21.07.2021 13:48

    Three new deeptech startups join Microsoft for Startups

    facial recognition technology

    Designed to strengthen the development of promising startups, the Microsoft for Startups program has welcomed new entrants: Acodis, KimboCare and Facedapter. The cohort will benefit from Microsoft’s technology expertise and infrastructure to advance their solutions.

    21.07.2021 10:00

    A successful pilot and new perspectives for RigiTech

    RigiTech Drone

    Swiss startup RigiTech, in collaboration with NGO Path, is implementing life saving technology operated locally in Senegal to support medicine, vaccine and laboratory sample delivery. The pilot project is the first step towards a more regional deployment of drone delivery services to clinics throughout the region.

    21.07.2021 09:00

    Nuniq launches sustainable haircare products

    nuniq's product assortment

    Nuniq is battling the waste problem in the beauty industry by providing reusable, recyclable and biodegradable packaging for its natural hair care products. The startup is now shipping across Switzerland.

    Tags: Ecommerce
    20.07.2021 17:00

    Sun2wheel wollen Speicher-Lösung zum Durchbruch verhelfen

    Ladestation von sun2wheel macht Elektroautobatterien zum Stromspeicher für Gebäude.

    Sowohl VW, Renault als auch Volvo haben angekündigt, dass bidirektionales Laden der Fahrzeugbatterien zum Standard für ihre E-Flotte werden soll. Das spielt dem Luzerner Startup sun2wheel in die Hände: Seine Ladestation macht solche Batterien als Stromspeicher für Gebäude nutzbar.

    Tags: Apps, Mobility, Solar energy
    20.07.2021 14:09

    SOPHiA GENETICS' IPO takes shape

    symbolic picture share price

    In an amendment to the registration statement for its IPO at Nasdaq, SOPHiA GENETICS provides information about the listing and its financials. The Lausanne based company plans to raise between $220 and $240 million. For 2020 SOPHiA reported $28 million in revenues and a loss of $39 million.

    Tags: Digital health, IPO
    20.07.2021 13:16

    Startups welcome legendary board members aboard

    L-R: Silke Rickert-Sperling, Elias Papatheodorou & Thomas Taapken,  Renat Heuberger, Alois Flatz & Catherine Moukheibir

    A large proportion of the newly appointed board members the Swiss startups DiNAQor, Memo Therapeutics, Urban Connect, Inyova and Asceneuro, bring considerable experience from various industries to support the startups’ growth and development.

    Tags: People
    20.07.2021 09:01

    Large Swiss companies are increasingly investing in start-ups

    symbolic picture contract

    In recent years, more and more Swiss companies have set up their own venture capital units. An analysis based on the survey developed and conducted with the Institute for Financial Services Zug IFZ at Lucerne University of Applied Sciences and Arts provides an overview of the activities of these corporate venture capitalists (CVCs) for the first time.

    Tags: Global news, Investor, Report
    20.07.2021 09:00

    Start-up investments on course for a record

    symbolic picture growth

    In the first half of 2021, CHF 1.7 billion was invested in Swiss start-ups, with 124 financing rounds completed. The total is more than twice as high as in the first half of the previous year, with the number of investments increasing by a quarter. In addition, six start-ups went public, as shown by a study from the online news portal startupticker.ch and the investor association SECA.

    Tags: Investment, Report
    19.07.2021 16:30

    TargImmune raises CHF17.7 million and appoints new CEO

    symbolic picture lab

    TargImmune Therapeutics AG, focused on the development of new medicines through the use of novel targeted immunotherapies, has closed a financing round expanding the company’s cash position into the clinical development of its lead candidate. In addition, Peter Braun, who has extensive experience in the healthcare industry, has been appointed Chief Executive Officer (CEO), effective August 16, 2021.

    Tags: Global news, Investment
    19.07.2021 15:34

    Elbit Systems teams up with SWISSto12 to develop and produce advanced antennas

    Swissto12 product portfolio

    Elbit Systems, a $4.7 billion company, and SWISSto12, a leading provider of 3D printed products for radio frequency (RF) applications in the aerospace and defense industries, entered into a long-term cooperation agreement for the development and production of 3D-printed RF antennas.

    Tags: Partnering
    19.07.2021 14:07

    Paving the Road to Internationalization

    symbolic picture internationalisation

    No one knows a local market better than the local people. That's why you should work with local partners as soon as you have established an initial foothold in a new market. Serial entrepreneur Dorian Selz explains how to manage these partnerships and what you have to keep in mind.

    19.07.2021 10:00

    Liti Capital raises $5 million to acquire new assets

    symbolic picture paragraph

    Geneva-based Liti Capital has raised $5M from a private investor to help purchase more litigation assets and expand operations. Those assets back the LITI equity token which opens up a new asset class for retail investors.

    Tags: Blockchain, Legaltech
    19.07.2021 08:54

    Proptech PriceHubble raises $34 million Series B round

    symbolic picture houses

    PriceHubble, the globally leading AI analytics and data company for the residential estate industry, is active in nine markets in Europe and Asia. The new funds will be used to strengthen its leadership position in Europe and accelerate its international expansion.

    Tags: Global news, Investment, Proptech

    Upcoming events

    Events with an application deadline next week

    Roche Startup Day

    Event date: 31 August 2021
    Location: Hybrid
    Roche Startup Day

    Selected deeptech startups pitch their solutions to address specific  business challenges provided by Roche. The Roche Venture Day is organised by Startup INVEST.

    Events taking place next week

    How tech startups can hire diverse teams

    Event date: 28.07.2021 11:30 - 13:00
    Location: Online
    How tech startups can hire diverse teams

    Following the success of the first panel discussion on International Women's Day 2021, Venturelab is organizing the second panel on how tech startups can hire diverse teams.

    Climate Action Portfolio Programme - Pitching Event

    Event date: 28.07.2021 17:30 - 19:00
    Location: Online
    Climate Action Portfolio Programme - Pitching Event

    Meet high-potential climate startups currently raising funds

    StartupBlink Zürich – July Networking Event

    Event date: 29.07.2021 19:00 - 21:00
    Location: CreativeSpace Zürich, Luegislandstrasse 105, 8051 Zürich
    StartupBlink Zürich – July Networking Event

    StartupBlink Monthly connects you to other entrepreneurs and help your project grow by knowing the active people in your startup ecosystem

    venture pitch

    Event date: 03.08.2021 09:00 - 14:00
    Location: Online
    venture pitch

    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.

    venture case

    Event date: 04.08.2021 09:00 - 14:00
    Location: Zoom Meeting
    venture case

    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.

    Upcoming trainings

    Trainings taking place next week

    Devenir entrepreneure

    By: GENILEM
    Event date: 03.08.2021 18:00 - 19:30
    Location: En ligne

    Business Growth ICT

    Event date: 09.08.2021 09:00 - 17:00
    Location: Gotham, Avenue d'Ouchy 4, 1006 Lausanne

    Onlinekurs zur Vorbereitung deiner Firmengründung

    Event date: 09.08.2021 17:00 - 19:00
    Location: Online
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    Print

    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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