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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.

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  • Start-up boom thriving at ETH Zurich

    Once again, around 40 spin-off companies were launched at ETH Zurich. Start-ups in the fields of artificial intelligence and biotechnology were particularly well represented.

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    • ETH Zurich launched 37 spin-offs in 2024, led by AI/ML (10) and biotech (8), with investments reaching CHF 425M, up 25% YoY.
    • 519 of 530 active ETH spin-offs remain in Switzerland, with 93% five-year survival rate despite founders from 46 countries.
    • Female founders represent 14% individually; mixed-gender and all-female teams together account for 35% of spin-offs.
    startupticker.ch: Start-up boom thriving at ETH Zurich

  • $16 million to fight forever chemicals

    Swiss startup Oxyle announced a $16m funding round to scale its breakthrough solution to destroy, not just relocate, PFAS from wastewater. This builds on its…

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    • Oxyle's technology destroys PFAS molecules with 99%+ elimination using 15x less energy than alternatives, offering the first economical permanent solution.
    • The Swiss startup raised $16M in funding (total $26M) and has its first commercial installation operational with contracts secured for 2025.
    • Oxyle aims to treat 100M cubic meters of contaminated water in 5 years across manufacturing, semiconductors, and municipal water treatment.
    startupticker.ch: $16 million to fight forever chemicals

  • $22 million for weather intelligence company

    Meteomatics, the weather intelligence and technology company that enables the world’s leading companies to accurately forecast the weather’s impact on business, has closed its $22M…

    startupticker.ch

    • Meteomatics closed a $22M Series C funding round led by Armira Growth to expand US operations.
    • Meteomatics operates the only hourly weather model at 1km resolution, detecting phenomena missed by traditional models.
    • Over 600 companies including Tesla, CVS Health, and NASA use Meteomatics for weather forecasting in energy and logistics.
    startupticker.ch: $22 million for weather intelligence company

  • BioVersys to go public next week

    BioVersys started the offer period of its newly issued shares. Based on the offer price, the implied market capitalization of BioVersys is about CHF 212.9…

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    • BioVersys IPO on SIX Swiss Exchange February 7, 2025: CHF 75 million gross proceeds at CHF 36 per share.
    • IPO proceeds fund operations through 2028, with majority for lead asset BV100 and Alpibectir development with GSK.
    • GSK and AMR Action Fund committed CHF 19.5 million combined, showing strong institutional backing for the company.
    startupticker.ch: BioVersys to go public next week

  • Spanish travel-tech unicorn acquires Yokoy

    Yokoy, the leading spend management platform, has been acquired by TravelPerk, a business travel platform based in Barcelona. In parallel, TravelPerk announced the closing of…

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    • TravelPerk acquired Yokoy, an AI-powered expense management platform, in an all-equity deal valued at $2.7 billion.
    • TravelPerk raised $200M in Series E funding led by Atomico and EQT Growth, achieving profitability with $200M+ annualized revenue.
    • The combined company will integrate travel and expense management to help customers reduce costs and streamline processes.
    startupticker.ch: Spanish travel-tech unicorn acquires Yokoy

  • AB2 Bio signs USD 600 million agreement with Nippon Shinyaku

    AB2 Bio Ltd., developing therapies for the treatment of severe systemic hyperinflammatory diseases and conditions driven by IL-18, has entered into an option and licensing…

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    • AB2 Bio partnered with Nippon Shinyaku to develop Tadekinig alfa for Primary Monogenic IL-18 driven Hyperinflammatory Syndrome.
    • AB2 Bio receives up to $686 million in total payments, including $36 million upfront and $150 million in milestones.
    • Tadekinig alfa is a novel IL-18 binding protein for rare pediatric disease with no current FDA-approved treatment.
    startupticker.ch: AB2 Bio signs USD 600 million agreement with Nippon Shinyaku

  • ZuriQ secures $4.2M seed funding to break quantum computing's scaling barrier

    Quantum computing startup ZuriQ has today announced the closing of its $4.2 million seed funding round to commercialize a radical new architecture that will enable scaling…

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    • ZuriQ raised $4.2M seed funding to scale trapped-ion quantum computers using 2D ion grids instead of 1D chains, solving a key scalability problem.
    • ZuriQ plans to demonstrate a prototype with dozens of ions in a 2D grid by late 2024, targeting thousands of qubits for practical quantum computing.
    startupticker.ch: ZuriQ secures $4.2M seed funding to break quantum computing's scaling barrier

  • Transmutex receives $4 million grant to enable nuclear waste transmutation

    Geneva-based startup Transmutex has received more than $4.2 million from the U.S. Department of Energy Advanced Research Projects Agency-Energy as part of the NEWTON Program.…

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    • Transmutex received $4.2M from the U.S. Department of Energy to develop nuclear waste transmutation technology reducing hazardous lifetime from 1 million to a few hundred years.
    startupticker.ch: Transmutex receives $4 million grant to enable nuclear waste transmutation

  • Tech Tour Growth Top 50 showcases Swiss deeptech companies

    Switzerland is a hub of innovation, home to numerous trailblazing startups, including six that have earned a spot in the Tech Tour Growth Top 50…

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    • Six Swiss startups made the 2025 Tech Tour Growth50 list, with four securing over $20 million in funding.
    • Swiss companies like ANYbotics, Lakera AI, and DistalMotion lead in robotics, AI security, and surgical innovation.
    • International investors increasingly fund European tech leaders, challenging US dominance in attracting global investment.
    startupticker.ch: Tech Tour Growth Top 50 showcases Swiss deeptech companies

  • BioVersys to go public at SIX Swiss Exchange

    BioVersys develops novel antibacterial products for serious life-threatening infections caused by multidrug-resistant bacteria. The Basel-based company plans to conduct an initial public offering on the…

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    • BioVersys plans Q1 2025 IPO on SIX Swiss Exchange, targeting CHF 80M for BV100 Phase 3 development.
    • BV100 treats carbapenem-resistant Acinetobacter baumannii (50% mortality); Alpibectir targets TB.
    • GSK and AMR Action Fund, existing shareholders, committed to additional IPO investment.
    startupticker.ch: BioVersys to go public at SIX Swiss Exchange

  • Swiss startups strengthen presence in North America

    With the establishment of their new offices in the US, Attolight, Blocksport and NewBiologix, aim to increase proximity to customers in the North American market,…

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    • Attolight, Blocksport, and NewBiologix opened U.S. offices to expand customer relationships and North American market presence.
    • Blocksport launched a New York hub for sports fan engagement platforms and digital collectibles for North American clubs.
    • NewBiologix formed a U.S. subsidiary offering gene and cell therapy support, including its Xcell Portfolio for viral vector analysis.
    startupticker.ch: Swiss startups strengthen presence in North America

  • RhyGaze raises USD 86 million to advance gene therapy for retinal diseases

    Based in Basel and Philadelphia, USA, RhyGaze has secured a Series A financing of USD 86 million to enable clinical advancements for its lead candidate,…

    startupticker.ch

    • RhyGaze secured $86M Series A funding from Google Ventures for gene therapy to restore vision in blindness.
    • The technology aims to restore high-acuity vision by repairing cone cells in retinal diseases.
    • Funding supports preclinical testing, observational studies, and a first-in-human clinical trial.
    startupticker.ch: RhyGaze raises USD 86 million to advance gene therapy for retinal diseases