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.
Software giant in Schwyz
The U.S. software giant Palantir Technologies is to establish a European hub in the canton of Schwyz. In the first phase, up to 40 software engineers will be recruited. Palantir hopes to benefit from the pool of highly qualified experts in the region.
WinGD offers world’s biggest dual-fuel engine
The 12X92DF dual-fuel engine created by Winterthur Gas & Diesel (WinGD) is the world’s most powerful engine of its kind. WinGD has now been awarded a Guinness World Records title. The engine is used in container ships powered by liquefied natural gas.
VolkerWessels investing in Parquery
Zurich – VolkerWessels from the Netherlands has invested in Parquery. The startup from the Greater Zurich Area develops solutions for smart parking, which might also benefit smart cities. The funding will help Parquery to expand its platform.
VirtaMed launches new simulation platform
Schlieren ZH - VirtaMed is presenting a new simulation suite for surgical gynecology. This development from the medical simulator manufacturer will allow gynecologists to train for hysteroscopies and gynecological laparoscopies.
Sygnum brings wine to the blockchain
Zurich/Steinhausen ZG - Sygnum Bank and Fine Wine Capital AG have tokenized an initial selection of premium wines. This move will allow investors to make investments in the wines. Moreover, these are the first asset tokens issued under the new Swiss DLT Law that came into effect at the start of February.
Crypto Broker authorized as securities house
Zug – The Swiss Financial Market Supervisory Authority (FINMA) has authorized the brokerage subsidiary of the Crypto Finance Group as a securities house. This applies to a bilateral trading system with digital assets.
Pharvaris successfully concludes Phase I study
Zug – The most promising drug candidate from Pharvaris to treat hereditary angioedema is safe and tolerated. This was the key finding from the recently concluded clinical Phase I study. Pharvaris is now planning to initiate a Phase II study before the end of the year in addition to conducting an IPO in the USA.
Microsoft investing in Climeworks
Zurich - Climeworks has developed a technology that allows CO2 to be filtered out of the atmosphere. Microsoft is now supporting the construction of a plant for this purpose based in Iceland. Moreover, the IT giant will become a client of Climeworks.
Biotechs receive most venture capital
Investments in Swiss startups were down over 7 percent in 2020. At the same time, domestic biotech startups managed to secure significantly more funding than in the previous year. These are findings of the Swiss Venture Capital Report.
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