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.
Oversubscribed financing round closed by vestr
Zug - The FinTech start-up vestr has closed an oversubscribed Series A financing round under the leadership of the SIX Group. The firm offers software services to the financial industry. It is planning to put the fresh capital towards the further development of its platform.
Scewo Bro overcomes all obstacles
Winterthur – After years of development work, the first two Bro model power wheelchairs have been delivered by the start-up Scewo. The Scewo Bro is even able to independently climb stairs without the help of an accompanying person.
ETH spin-offs launch wearable thermometer
Rümlang/Stäfa ZH – The two ETH spin-offs GreenTEG and u-blox are jointly launching a new wearable device. This thermometer will be able to continually measure the wearer’s core body temperature. It is aimed at facilitating a safe return to the workplace after the coronavirus crisis.
Virometix raises total of 7.5 million Swiss francs
Schlieren ZH - Virometix has secured funding in the amount of 7.5 million Swiss francs after closing a Series B financing round. The company intends to use the injection of fresh capital to drive forward the development of its coronavirus vaccine candidates, among other plans.
Researchers take step towards digitalized gym
Zurich/Winterthur – Researchers at ETH Zurich and the ZHAW have developed a simple method for precisely mapping resistance exercise on machines. This could be used to develop optimized training strategies for muscular atrophy, for example. The method might also help in creating digitalized training facilities.
Cuddle hormone to facilitate development of new drugs
Zurich – Researchers at the University of Zurich have determined the three-dimensional structure of the receptor to which the “cuddle hormone” oxytocin binds. It is hoped this knowledge will facilitate the development of novel drugs.
Sanitas CEO is new board member of Greater Zurich Area Ltd
Andreas Schönenberger, CEO of Sanitas Health Insurance, is a new member of the Board of Directors of the investment promotion agency Greater Zurich Area Ltd (GZA). The accession of the Cham Group real estate company and the flexible workspace provider IWG to the public-private ownership of GZA will further strengthen the marketing of the Greater Zurich Area abroad.
Mybacs raises new capital
Zug – Mybacs has completed a financing round with new and existing investors. The life sciences startup has developed dietary supplements with a focus on intestinal health.
Bicycle parking tower impresses investors
Dübendorf ZH – V-Locker AG has raised new capital in a financing round. The startup develops digitalized parking towers for bicycles that can be operated by means of an app. The Swiss federal railway company SBB plans to test it in a pilot project.
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