Ecosystem News
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Granite Bio debuts with $100 million to tackle autoimmune diseases
Based in Basel, Granite Bio has emerged from stealth with a focus on developing first-in-class antibodies targeting multiple autoimmune diseases. The company has secured $100…
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Sun-Ways opens world’s first rail-ready track-mounted solar power plant
Despite gloomy weather and a sun that played hide-and-seek, Swiss startup Sun-Ways officially switched on its first solar power plant in the Neuchâtel mountains, in…
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Veraxa plans to go public via SPAC at $1.64 billion valuation
Xlife Sciences’ portfolio company VERAXA Biotech AG, a biopharmaceutical company focused on next-generation cancer therapies, and Voyager Acquisition Corp., a special purpose acquisition company listed…
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novoMOF raises CHF 4.4 million to scale CO2-capture materials
GTT Strategic Ventures, the investment fund of the GTT group, has completed a CHF 4.4 million funding round in novoMOF, a specialist in advanced materials for…
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Cellestia Biotech spins-off Anciata Therapeutics
The newly formed U.S.-based Anciata Therapeutics aims to develop to clinical proof of concept for a first-in-class therapeutic candidate with the potential to treat certain…
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Following a CHF 4 million seed round, Rekord AG closes two strategic deals
Through its platform, Zug-based Rekord AG, enables any system, sensor, or software to anchor data on-chain for later verification, ensuring a single source of truth.…
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Swisspod’s expands US presence with a manufacturing and assembly facility
With the expansion into Colorado Springs, Swisspod, a manufacturer of high-speed vehicles and subsystems for transportation assets, will create over 100 new jobs while advancing…
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CelsiusPro acquires London-based Disaster Risk Finance team
With the hiring of a world-class Disaster Risk Finance team from the WTW Climate and Resilience Hub, CelsiusPro has strengthened its Climate Resilience Solutions. The…
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Avoiding tariffs with a U.S. production partner
For INVOLI outsourcing manufacturing has always been part of the strategy. As a result, the Swiss leading provider of hardware and software solutions for the detection…
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Loft Dynamics secures funding to develop Boeing 737 VR simulators
Alaska Airlines, through its corporate venture capital arm, has invested in Loft Dynamics — an industry leader in virtual flight training and the developer of…
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Teylor to acquire the factoring businesses of grenke AG in seven countries
Swiss fintech Teylor is acquiring grenke’s factoring division to accelerate the expansion of the Teylor Platform and further solidify its position as the leading SME…
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Novigenix obtains EUR 1.8 million EU grant to industrialize AI-powered liquid biopsy
As part of the BRECISE IHI Consortium, Swiss startup Novigenix has been awarded EUR 1.8M funded by the European Union (EU) research initiative focusing on…
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