New prizes for Swiss startups: Applauses from home and abroad

A host of startup competitions took place recently, with Swiss startups taking the spotlight. Volumina Medical, Verity, Level Heroes and LimmaTech Biologics impressed juries with innovative solutions for the MedTech, metaverse, supply chain and biotech industries.

LimmaTech Biologics AG |INCate startup pitch competition | Switzerland
During the AMR Conference, ten early-stage ventures fighting drug-resistant bacterial infections in the therapeutics or diagnostics area pitched to the audience to win a 10’000 EUR prize. The audience jury selected Laura Yates from Zurich based LimmaTech Biologics took home the prize. The clinical-stage biopharmaceutical company is developing vaccines together with GlaxoSmithKline plc. The company is currently conducting a Phase I/II clinical trial in Kenya of a 4-valent candidate vaccine to help prevent diarrheal disease caused by the Shigella bacteria in children and infants in low and middle-income regions. The second Phase I/II clinical trial in Germany is for a 4-valent candidate vaccine to help prevent Klebsiella infections.

Level Heroes | F10 Accelerator Singapore
The new cohort of the F10 Accelerator Singapore kicked off the program on 4 April 2022, with Zurich based startup LevelHeroes among the participants. LevelHeroes combines the magic of blockchain and metaverse technologies, bridging the gap between centralised gaming communities to bring them decentralised assets to raise funding for their digital assets in a fun and meaningful way. Users can engage with and support their favourite aspects of the project, giving developer teams feedback on their fanbase’s interests. The program offers the selected cohort extensive mentoring, access to an investor network, program perks and co-working space. The teams will also receive technical development and marketing support from Klaytn, and access to wide-ranging tools, projects and expertise in the Klaytn ecosystem. In addition, F10 will provide up to USD 500,000 worth of Klay in grants to the two batches of startups for 2022.

Verity | Resilient Supply Chain Startup Program | Germany & Israel
SAP has launched a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv. A jury has selected 12 startups from four supply chain domains to join the program. Switzerland based Verity secured a spot in the program. The startup offers the Verity system, which includes autonomous warehouse drones and advanced analytics and a role-specific user dashboard to enable industry leaders, including DSV, IKEA, and Performance Team – A Maersk Company to achieve zero-error warehouses. Over the next 14 weeks, the startups will receive curated mentorship, access to SAP technology and application programming interfaces (APIs), and exposure to SAP and Accenture customers to develop high-impact proofs of concept.

Volumina Medical | Clinique La Prairie | Switzerland
The jury of the Clinique La Prairie award has recognised Volumina Medical as the most innovative startup offering a technology that addresses healthy ageing in the French-speaking area of Switzerland. The EPFL spinoff is developing a regenerative medicine approach where a biomaterial scaffold facilitates tissue regeneration in the defect area, enabling minimally invasive repair of 3D volumes in a single injection session. The company’s injectable AdiPearl technology allows the breast to naturally regenerate. This address a highly unmet need among breast cancer patients who need a repair after breast removal.