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Venture Kick awards CHF 450’000 to cleantech and edtech startups

 

While Bloom Biorenewables and INERGIO are developing petroleum alternatives and efficient energy units, the edtech startup SYLVA offers an integrated learning and assessment platform for educators. The three startups have each received CHF 150’000 from Venture Kick.

 

 

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Twingtec to launch the first containerised mobile wind energy system

 

Remote areas such as mines and islands rely on diesel fuels to generate electricity. Twingtec is developing an energy drone that leverages wind energy at higher altitudes to generate electricity at a fraction of the costs of wind turbines. The receipt of the Innosuisse certificate gives the startup an additional boost for the development of the first...

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Auxivo launches its LiftSuit on the market

 

The Zurich based startup and ETH Spin-Off Auxivo AG developed a light wearable support system called LiftSuit to support workers who regularly lift and carry heavy loads. Following the closing of its seed round, the company has launched LiftSuit in the market with customers including Swissport International.

 

 

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W. A. de Vigier awards the five winners on air

 

The jury of the de Vigier Award 2020 revealed and awarded the five most outstanding companies in the competition. In a live broadcast on CNNMoney Switzerland, the jury bestowed a cash prize of CHF 100’000 to each winner. Four out of five winners are Cleantech startups.

 

 

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SwissGames Showcase 2020 nominates 11 participants

 

A panel of international experts has selected 11 independent studios to participate in the newly launched SwissGames Showcase 2020. Initiated by Pro Helvetia, the program will enable the participants to access business opportunities in the challenging times of Covid-19.

 

 

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Additional capital for TOLREMO therapeutics

 

The Swiss biotechnology company TOLREMO is developing resistance-preventing precision therapies for patients with cancer. In the second closing of its Series A round, the startup received CHF 4.7 Million, bringing the round to CHF 13.7M (USD $14.2M). BioMedPartners and Altos Venture led the round.

 

 

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Teylor finalises its CHF 8M financing round

 

SME Lending platform Teylor plans to expand its lending and software business throughout Europe and to solidify its position in the SME banking segment. The recent capital increase of CHF 8 million with existing and new investors makes this goal attainable.

 

 

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Good news for two accelerators

 

F10 Zurich has a new Head. And Baselaunch has a new partner. It’s the first VC supporting the Basel Area-based biotech venture accelerator and incubator.

 

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Bota systems achieves the first milestones at its new headquarters in Zurich

 

Initially, the Bota Systems team came to Switzerland from Greece to participate in the Kickstart Accelerator program. The startup, which is now offering high performance and cost-effective sensors for robots that interact with humans, is rooted in Zurich with clients across the globe.

 

 

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Startup Pitch: The Data Cleaners

 

Data preparation for machine learning applications is complex and laborious. WhatToLabel has developed a solution to automate the preparation process. For the first PoC the team was able to win a Fortune 500 company and even during the Corona crisis new projects were added.

 

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