Explore insights, news, and background stories from the Greater Zurich Area – one of Europe’s most advanced business and innovation hubs. This is where international companies, tech pioneers, and investors find the latest updates on artificial intelligence, robotics, biotech, fintech, and more. Whether you're looking for real-world expansion cases, startup success stories, or key developments in Switzerland’s business environment, our articles offer firsthand perspectives and strategic guidance.
FQX raises 4.7 million dollars from investors
Zurich – FQX, a FinTech from the Greater Zurich Area, has raised a total of 4.7 million US dollars in investment from a seed financing round. FQX is the world’s first company to develop a blockchain-based infrastructure for electronic promissory note deals, also known as eNotes.
ETH academic subjects are best in the world
Zurich – The Swiss Federal Institute of Technology in Zurich (ETH) has been ranked first in the world for its Water Resources chair in the Shanghai Global Ranking of Academic Subjects. Overall, eight of its subject areas are in the top ten of their category. Other Swiss universities also made the league table.
Dätwyler expanding production capacities
Altdorf – Dätwyler is expanding its production capacities in the canton of Uri and at other locations worldwide. The industrial group expects to invest up to 130 million Swiss francs in 2021. As a result, it intends to meet demand from vaccine manufacturers and Nespresso.
Wefox now valued at 3 billion dollars
Zurich/Berlin - Wefox has closed the world’s largest Series C financing round for an InsurTech firm: the digital insurance company raised a total of 650 million US dollars. Since 2019, the start-up has therefore tripled in value to now be worth nearly 3 billion dollars.
Therapy against heart disease
Schlieren ZH - Neurimmune AG from the Greater Zurich Area has presented positive preclinical data on a therapeutic approach aimed at treating ATTR deposits in the heart. The human antibody NI006 is said to be able to remove deposits of this kind.
Google expands presence in Zurich with new site
Zurich – The Internet giant Google is expanding its presence in Zurich yet further. From 2023, the company will move into new office space located in the vicinity of Zurich Central Station. This covers an area of 15,000 square meters in total.
Momenta tops up investment in Axino
Solothurn - Axino has received additional investment to the tune of 1.5 million Swiss francs from Momenta Ventures. The company supports retailers in their efforts to automate quality management processes. The solution is also being used by Migros.
Emergency Use Authorizations secured for COVID drug
Bellinzona – The COVID-19 drug developed by Humabs Biomed has recently received Emergency Use Authorization both in Europe and the USA. The drug is based on antibodies and prevents 85 percent of severe disease progressions. The developers are now waiting on the green light from Bern.
Investor group left impressed by Dimpora
Zurich - Dimpora has raised gross proceeds totaling 2.1 million Swiss francs as part of a financing round. The ETH spin-off has developed a breathable, non-toxic membrane for waterproof sports clothing.
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