News

Geneva - The Global Innovation Index 2023 has once again placed Switzerland at the top of the rankings, for the 13th consecutive year. Sweden is second in the list of the world’s most innovative economies, ahead of the U.S., the U.K. and Singapore. A total of 132 countries were assessed for their innovative strength using 80 indicators.

Lugano - Biotech company Healiva will work with Lausanne University Hospital on the manufacture and approval of its proprietary skin cell therapy, EpiDex. Skin cells are taken from the patient’s own hair follicles to make this autologous epidermal equivalent.

Schlieren - Pexapark has secured €20 million of fresh capital in a Series C funding round. The advisory company, which operates across Europe, plans to use the funds to finance further innovation in the areas of power purchase agreements and energy and portfolio management.

Rotkreuz - The start-up vidby has presented its new multi-language digital voice cloning functionality. Videos can be dubbed in a total of 28 languages on the basis of a five-minute voice recording.

Zurich/Dubai - The DFINITY Foundation, a major contributor to the formation of the Internet Computer blockchain, has agreed a strategic partnership with the Dubai-based The Game Company (TGC). The innovative TGC gaming platform will be seamlessly integrated in the decentralized ecosystem of the Internet Computer blockchain.

Bellach - The bus manufacturer Hess has been awarded a contract following an international call for tender to supply electric busses to Lyon and Geneva. The contract comprises the delivery of 248 electric bendy busses, some of which are double articulated. To this end, Hess will be looking to increase staff numbers.

Zurich - Researchers from the University of Zurich have been observing the behavior of flora in response to changing environmental conditions. With the use of Artificial Intelligence (AI), huge volumes of data can be evaluated.

Wollerau SZ - Freename has raised capital of 2.5 million US dollars in a seed funding round. The investors from Luxembourg, London, Malta and the United Arab Emirates are supporting the startup's solution that allows users to create their own top-level domains and second-level domains on multiple blockchains.

Zurich/Nairobi - The cleantech start-up Climeworks has signed a Memorandum of Understanding (MoU) with Great Carbon Valley. The aim of this partnership is to establish carbon capture and storage plants in Kenya. These should be capable of removing up to one million tons of CO2 from the atmosphere.