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.
Energy Vault constructing green energy storage system in California
Lugano/San Francisco - Energy Vault is joining forces with the Pacific Gas and Electric Company in California. The firm from the Greater Zurich Area will construct an energy storage system to supply the city of Calistoga with electricity during power failures. The system operates on the basis of batteries and hydrogen.
Insurtech TONI Digital secures financing of 12 million Swiss francs
Zurich - TONI Digital has raised a total of 12 million Swiss francs from new and existing investors. The insurance and technology firm intends to use this fresh capital to enhance its platform for white label solutions with the addition of new programs in addition to expanding its technology team.
Switzerland among the most innovative countries in the world
Arlington - In the second edition of the International Innovation Scorecard, a total of 24 countries received the highest accolade of Innovation Champion, including Switzerland. The rankings were created by the largest US tech industry association, the Consumer Technology Association.
SUPSI lab presents 3D sound solution at CES in Las Vegas
Lugano-Viganello/Uster - The Laboratory of Audio-Visual Processing and Immersive Multimedia at the University of Applied Sciences and Arts of Southern Switzerland (SUPSI) will be presenting its solution for 3D soundscapes using few speakers at CES in Las Vegas. The technology was developed together with Weiss Engineering.
Consortium plans to advance automated parking
Zurich/Paris/Tokyo - The Zurich-based startup Embotech, the Japanese IT specialist NTT DATA, and the French automotive supplier Valeo have established a consortium. They plan to develop an automated parking system together. It is intended to be used in car factories at first.
Bruker acquires majority share in Biognosys
Schlieren/Billerica - The Bruker Corporation with headquarters in the U.S. state of Massachusetts and Biognosys AG from Schlieren in the Greater Zurich Area have announced a strategic partnership. As part of this, Bruker has made a majority-ownership investment in the biotech company.
Siemens factory in Zug wins award
Zug - The U.S. management consulting firm Kearney honored the Siemens factory in the Greater Zurich Area with the Factory of the Year award in recognition of its supply chain resilience. It was recognized for its resilience in manufacturing, focus on sustainability and cost management.
Switzerland remains in a founding mood for start-ups in 2022
Schlieren - Around 50,000 new companies were entered in the Swiss commercial register in 2022, a study carried out by the IFJ has revealed. Zurich remains the driving force for start-ups in Switzerland. On a per capita basis, the canton of Zug boasts the highest number of newly formed companies.
Saiba Animal Health awards license for product candidate
Freienbach - A partner of Saiba Animal Health AG has exercised its option for an exclusive license for one of Saiba’s product candidates. This covers commercialization and development rights to one of the veterinary company's product candidates and also includes an upfront payment.
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