News

During the next 18 months, three teams from the University of Applied Sciences Zurich and Bern will receive support from the Gebert Rüf Foundation as part of the First Ventures program.

Geneva-based FlowBank has received a banking license. The new digital bank founded by serial entrepreneur Charles-Henri Sabet will start operations this fall.

VAY sports, developer of an AI based virtual coach for smartphones, has become the fourth startup to attract investors from DART Labs. The investors will additionally support Vay in launching its solution in the US market.

Das Schweizer Fundraisingportal Raisenow fusioniert mit dem deutschen Pendant Altruja. Mit insgesamt 2000 Kunden entsteht der grösste europäische Anbieter von digitalen Fundraisinglösungen.

The accelerator program Samsung for Impact supports impact start-ups that are tackling the challenges of the ageing society. In Switzerland, the selection jury nominated five start-ups which will benefit from the 12-week program.

Aleva Neurotherapeutics, Rheon Medical or VirtaMed, one of the three companies will win the annual Swiss medtech Award prize of CHF 50,000. The finale will take place on 21 September 2020 in Bern.

There are more women than men in Europe, yet only 16% of European start-ups are founded or co-founded by women. The EU Prize for Women Innovators 2020 and the Female Innovator of year award provide a platform to recognise and celebrate the achievements of today's female entrepreneurs.

The software startup LogicFlow simplifies the lives of developers by driving automation in software development, with a focus on migrating legacy systems. The startup has obtained CHF 150’000 franks for winning the Venture Kick final.

Three startups have announced changes in their management and leadership to drive the company to the next level. Jill Allemang, Roberto Iacone and Dave Marver have taken on the role of Chief Executive Officer (CEO) at Smartwatcher, Alentis and GTX Medical respectively.

Villigen-based ELDICO Scientific is planning to launch the first pilot demonstrations with customers later this year. To accelerate product development, the company has obtained CHF 150,000 after winning the venture Kick finals.