Record level of VC investment in Switzerland
Zurich – Funding for Swiss startups reached a new record high in 2017. The greatest rise was reported for venture capital investment in fintechs in the area of digitalisation, while biotech and medtech continued to receive the highest amounts. Growth was particularly strong in the canton of Zurich.
Ava bracelet confirms ovulation
Zurich – Medtech startup Ava now also provides users of its bracelet with insights into whether they have ovulated during a monthly cycle. In addition, it is launching a clinical trial into the detection of infections during pregnancy.
New technique gives new hope for improved anti-epilepsy medication
Zurich – Researchers in Zurich have developed a technique that uses electrical brain signals to more precisely evaluate the effects of medications on the brain. It could prove useful in the early development phase of anti-epilepsy medication.
Lindt & Sprüngli invests in Greater Zurich Area
Kilchberg ZH – Chocolate manufacturer Lindt & Sprüngli is investing more than 30 million Swiss francs to expand its Lindt Cocoa Center in the Greater Zurich Area. In addition to increasing production capacity, it also intends to install a research facility.
SMEs gain new financing vehicle
Zurich/Baar ZG – Vicenda and creditworld are bringing together investors and SMEs through a new product that offers SMEs new ways to access funding in an unbureaucratic manner.
HeiQ shortens sample production times
Schlieren ZH – Beginning in March, textile technology firm HeiQ is offering fabric manufacturers a new tool: its online platform “heiq it!” can shorten sample production times from three months down to just two weeks.
Sika wins innovation award for 3D concrete printer
Baar ZG – Specialty chemicals company Sika won a special prize at the INTERMAT Innovation Awards in Paris for its 3D concrete printing technology. The process promises to revolutionize the construction industry.
Vnesheconombank to learn from Crypto Valley
Zug – The Blockchain Commune of Russia’s Vnesheconombank is now a member of the Crypto Valley Association. Its aim is to benefit from the association’s expertise and help turn Russia into a centre for blockchain.
VirtaMed enters North American collaboration
Schlieren ZH – The simulator manufacturer VirtaMed has signed a two-year collaboration agreement with the Arthroscopy Association of North America. The agreement will make the Schlieren-based company the exclusive partner for virtual reality simulation medical training.
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