News

Obligate onboards the first corporate bond issuer

Swiss commodity trading company MUFF TRADING AG has issued the first USD blockchain-based bond on Obligate’s decentralized finance platform, built on the Polygon Network. Set to launch on March 27th, the platform makes it easier for businesses to raise capital and issue bonds by leveraging smart contracts to reduce existing transaction costs.

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Wingtra lands $22M funding to accelerate their operations globally

Founded 2016, Wingtra has established itself as the world’s largest producer of commercial vertical take-off and landing drones. The spin-off from ETH Zurich is accelerating growth with the new funding round, the expansion of the management team and product innovation.

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Zürcher Privatbank ermöglicht Kunden Risikokapital-Investments

Maerki Baumann & Co. ist eine Kooperation mit Redalpine eingegangen. Kunden der Privatbank können in den Redalpine Summit Fund investieren. Darüber hinaus haben die beiden Unternehmen ein «Tech Advisory Board» etabliert, das Firmenkunden ermöglicht sich zu den Themen Wagniskapital, Technologieinnovationen und Blockchain auszutauschen.

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Crash, crisis or soft landing

Although larger financing rounds continue to be made and new funds launched, the nervousness in the Swiss start-up scene is evident, as events arising from the collapse of Silicon Valley Bank have shown. However, the level of maturity of the ecosystem and the growing interest of investors suggest a soft landing rather than a profound crisis.

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Germany-based company acquires lino Biotech

Founded in 2020 as a spinoff of the ETH, lino Biotech is a leading biosensor company and the world’s only provider of Focal Molography – a new method for measuring molecular interactions in living cells or crude biological samples. Following its acquisition by Miltenyi Biotec, the startup will remain at its headquarters in Zurich.

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Two Swiss fintechs among Tenity’s Batch X cohort

Seven early-stage startups have been selected for the 10th edition of the Tenity Incubation program, held in Switzerland. With two companies hailing from Switzerland, each participant will receive an initial CHF 50k investment from the Tenity Incubation Fund I.

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Swiss cleantechs take the lead

Swiss startups have been at the forefront of the cleantech sector and the NetZero agenda with new technologies designed to accelerate the transition towards a sustainable world – from food to energy production and assets management. Eight startups have received recognition, with two obtaining funding to advance their solutions.

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Bad news for once

The proportion of investment in female-led start-ups is stagnating at a low level, but the life sciences sector provides a ray of hope.

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New leaders for support organisations

New CEOs take over at Technopark Winterthur and Park Innovaare. And Raphaël Conz has been appointed Head of the Department for the Promotion of the Economy and Innovation of the canton of Vaud.

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CHF 150,000 to develop antidotes against toxic metals

Venture Kick awarded CHF 150,000 to the biotech startup metaLead Therapeutics, which is developing a potent treatment for metal poisoning. The startup was founded by Dr. Michal Shoshan, who leads a research group in the Department of Chemistry at the University of Zurich.

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