News

Zumikon ZH – IT is becoming increasingly important in cars. Self-driving cars will need IT systems that are constantly updated. The automotive industry think tank Rinspeed has developed an innovative solution to the challenge.

Cologne/Zug – Lufthansa is entering a partnership with the Zug-based startup Winding Tree, which has developed a blockchain marketplace for travel content. Via an initial coin offering, the airline will invest in developing the technology further.

Zurich – The Zurich-based startup company Yelloh has qualified for Startup Sauna, the seven-week Finnish accelerator programme. Alongside other international startups, it will receive mentoring from experts and have the chance to showcase to renowned investors.

Zurich – Zurich researchers have developed a sensor that, by means of a breathalyser, measures when the body starts burning fat. The goal is to integrate the sensor into a conveniently sized device to help people when training or dieting.

Lachen SZ – The Schwyz-based fintech company Devisenwerk AG offers foreign currency exchanges for 90 per cent less than conventional banks in Switzerland. Just eight weeks after the platform was launched and more than one million Swiss francs in sales have been achieved.

Zurich – Researchers at ETH Zurich have teamed up with international colleagues to create a new database of molecular dynamics molecules that simulate the properties of cement in all its varieties. This could result in stronger, more eco-friendly concrete.

Zurich – The Japanese insurance group MS&AD is investing around 1 billion Swiss francs into ReAssure, the closed book business of the Zurich-based reinsurance company Swiss Re.

Zurich – The startup modum.io and the University of Zurich have received funding from the Commission for Technology and Innovation for their research project on the use of blockchain technology to track the route of pharmaceutical products along the supply chain.