News

Swiss Deep Tech News & Analysis

Stay informed on the Swiss technology landscape. This is your central resource for Deep Tech News, combining key developments from across the ecosystem with original, data-driven analysis from the Deep Tech Nation Foundation. We track and report on significant technological milestones, funding rounds, and research to provide a comprehensive overview for international investors, partners, and researchers.

DTN Highlights

  • Energy Vault raises USD 300 m to build and operate energy storage assets

    Energy Vault Holdings, a leader in grid-scale energy storage solutions, closed a $300 million preferred equity investment with North American infrastructure investment firm OIC L.P.,…

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    • Energy Vault closed a $300M preferred equity investment with OIC L.P. to launch Asset Vault, a subsidiary for utility-scale energy storage.
    • Asset Vault expects to deploy over 1.5GW of storage capacity and generate $100M+ annual EBITDA within 3-4 years.
    • The preferred equity structure is non-dilutive to common shareholders and includes milestones for equity participation.
    startupticker.ch: Energy Vault raises USD 300 m to build and operate energy storage assets
  • NeuroX, successor to MindMaze, joins Relief Therapeutics to form SIX-listed company

    SIX-listed biotech company Relief Therapeutics and NeuroX Group SA, have entered into a definitive agreement to combine their businesses. The combined company will be renamed…

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    • Relief Therapeutics and NeuroX Group are merging to create MindMaze Therapeutics, deploying NeuroX's digital platform in 250+ clinics globally.
    • NeuroX holds a unique U.S. Category III reimbursement code enabling recurring revenue, backed by over $350 million in R&D investment.
    • The merger values NeuroX at 10-to-1 versus Relief on a fully diluted basis, with GEM committing CHF 200 million in new equity financing.
    startupticker.ch: NeuroX, successor to MindMaze, joins Relief Therapeutics to form SIX-listed company
  • New investment to scale Akselos’ simulation technology

    Akselos, the global leader in Structural Performance Management, has obtained a follow-on investment from GRO Capital, a leading software-focused private equity firm. The funding will…

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    • Akselos secured follow-on funding from GRO Capital to scale its structural health monitoring platform for critical infrastructure.
    • The company combines physics-based simulation and AI to deliver real-time structural insights that reduce risk and extend asset life.
    • Akselos leads in applying AI for structural integrity in offshore wind, oil and gas, and large-scale infrastructure globally.
    startupticker.ch: New investment to scale Akselos’ simulation technology
  • Teylor secures €150 million to accelerate its pan-European expansion

    Teylor, one of Europe’s leading technology-driven SME financing platforms, has secured €150 million in new financing from Fasanara Capital, a leading fintech-focused structured credit asset…

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    • Teylor secured €150 million in financing from Fasanara Capital to scale its factoring business across seven European countries.
    • The funding creates a pan-European financing vehicle supporting multiple countries and currencies for cross-border operations.
    • Teylor expanded through acquisitions of creditshelf, CapeTec, and grenke AG's factoring arm to strengthen SME lending.
    startupticker.ch: Teylor secures €150 million to accelerate its pan-European expansion
  • Axon Technologies acquired by Aquavit Pharmaceuticals

    Axon Technologies AG, formerly known as Genève Technologies, has been acquired by Aquavit Pharmaceuticals AG, marking a strategic leap forward in artificial intelligence and advanced…

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    • Axon Technologies AG was acquired by Aquavit Pharmaceuticals AG, combining AI and pharmaceutical capabilities.
    • The merged company will integrate AI in drug discovery, clinical trials, treatment optimization, and commercialization.
    • The acquisition closed September 23, 2025, with Sobin Chang as Chairman and CEO of the surviving Aquavit entity.
    startupticker.ch: Axon Technologies acquired by Aquavit Pharmaceuticals
  • Spineart secures CHF 25M investment to boost global growth

    Geneva-based Spineart, a global medtech innovator in advanced spine surgery solutions, just announced a CHF 25 million capital increase backed by its long-standing investors Gimv…

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    • Spineart raised CHF 25 million from Gimv and EGSB to fuel growth and advance its spine surgery innovation pipeline.
    • Spineart projects EUR 140 million 2025 revenues with 16% annual growth, backed by a new French production facility.
    • Spineart is expanding FDA submissions for BAGUERA C cervical disc and investing in digital navigation and robotics.
    startupticker.ch: Spineart secures CHF 25M investment to boost global growth
  • FenX banks CHF 8.2 million series A funding

    FenX, a cleantech startup pioneering sustainable insulation materials for buildings, has closed its Series A funding round, raising CHF 8.2 million. Supernova Invest and Move…

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    • FenX raised CHF 8.2M in Series A to scale mineral foam insulation panels that are lightweight, non-combustible, and cost-competitive.
    • FenX uses a licensing model where customers deploy production units. Çimsa commissioned the first industrial line in Spain for end-2025.
    • FenX explores applications beyond insulation: semi-structural materials and carbon sequestration, optimizing performance with minimal resources.
    startupticker.ch: FenX banks CHF 8.2 million series A funding
  • Knorr-Bremse acquires Swiss industrial computing company duagon for EUR500 million

    Duagon has established itself as a leading supplier of hardware and software solutions for safety-related applications primarily in the railway industry. Following the investment by…

    startupticker.ch

    • Knorr-Bremse acquired duagon, a Swiss safety-critical electronics supplier, to strengthen its rail business with embedded solutions.
    • Duagon achieved 15% annual growth from 2022-2025 and is projected to reach €175 million revenue in 2026 with 16% EBIT margin.
    • The acquisition is expected to generate €5-10 million in annual EBIT synergies by 2028 through electronics integration and cost improvements.
    startupticker.ch: Knorr-Bremse acquires Swiss industrial computing company duagon for EUR500 million
  • Belgium company acquires young Lausanne startup

    Less than six months following its incorporation, Haicker has been acquired by Belgian cybersecurity company Aikido Security NV to help to transform weeks-long pen tests…

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    • Aikido Security acquired Haicker, an AI-powered penetration testing startup, to reduce testing time from weeks to under an hour.
    • Haicker achieved 88.4% detection rate on XBOW benchmark, outperforming competitors and human penetration testers.
    • Aikido's platform shifts from annual snapshots to continuous testing, with AI handling bulk work while experts focus on complex flaws.
    startupticker.ch: Belgium company acquires young Lausanne startup
  • $24M to bring chip cooling breakthrough closer to mass production

    Corintis has closed a USD 24 million Series A funding round. The funds will be used to ramp up to mass-production and target the next…

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    • Corintis closed a $24M Series A to scale microfluidic cooling technology for AI's thermal challenges.
    • Microsoft and Corintis achieved 3x cooling improvement using in-chip microfluidic systems versus current methods.
    • Intel CEO Lip-Bu Tan and CoolIT founder Geoff Lyon joined Corintis's board for semiconductor expertise.
    startupticker.ch: $24M to bring chip cooling breakthrough closer to mass production
  • Sartiq closes pre-seed funding to build the AI-based content engine for the fashion industry

    Sartiq, a Swiss Vertical AI company formerly known as Shootify closed a CHF 2.1 pre-seed funding round. This investment will allow Sartiq to develop a…

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    • Sartiq raised CHF 2.1M in pre-seed funding for an AI content engine that helps fashion brands generate visual campaigns and e-commerce assets rapidly.
    • Early customers see 200% improvement in product page metrics, 30% conversion uplift, and 8x faster on-model photo production versus traditional methods.
    • The platform learns each brand's style to ensure accurate product representation, addressing AI trustworthiness concerns without increasing returns.
    startupticker.ch: Sartiq closes pre-seed funding to build the AI-based content engine for the fashion industry
  • Auterion raises $130 Million Series B

    Auterion, the leading provider of autonomous systems software for defense, has raised $130 million led by Bessemer Venture Partners. Auterion’s Series B funding will be…

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    • Auterion raised $130M in Series B funding for AI-enabled autonomous drone software, with $25M backed by the US Department of War.
    • The company's technology powers tens of thousands of AI strike kits for coordinated drone swarms in active combat in Ukraine.
    • Auterion's open architecture enables interoperability across manufacturers, attracting partnerships with major defense contractors.
    startupticker.ch: Auterion raises $130 Million Series B