Funding for Swiss start-ups remains low
Keystone-SDA
Funding for start-ups in Switzerland remained at a low level in the first half of 2024. Venture capital invested fell by 9.5% to CHF1.1 billion, according to the Swiss Venture Capital Report released on Tuesday.
This content was published on
2 minutes
Keystone-SDA
Français
fr
Le financement des jeunes pousses suisses reste à un bas niveau
Original
Check out our selection of newsletters. Subscribe here.
Financing rounds were also down, by 10.4% to 138 deals in the first six months of the year, according to the Swiss Venture Capital Report study conducted by startup.ch in collaboration with the Swiss Association of Capital Investors and Financing (Seca).
More
More
Start-ups, failures and funding: the Swiss company landscape
This content was published on
A tour of how many firms were created or were lost to the Swiss economy in 2023.
Although the figures are similar to those of the previous year, an analysis of investments by sector and by degree of maturity of start-ups shows clear differences compared to the previous year. While companies in certain sectors or fields such as Artificial Intelligence (AI) and energy production and storage are convincing investors, investments at an advanced stage are rare.
The amount invested in financial technology (Fintech) and information and communication technology (ICT) start-ups fell by over 40% year-on-year. The 2019 ICT boom is definitely over, according to the release.
However, there were also some positive signs, such as an increase in the biotech sector. Biotech companies managed to attract more than CHF400 million, the third-highest amount ever.
The study also shows that investors have free funds to invest. The vast majority expect both the number of investment opportunities open to them and the number of investments to increase over the next 12 months.
Translated from French by DeepL/mga
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Popular Stories
More
Swiss Abroad
The citizenship obstacle course facing spouses of Swiss Abroad
Swiss institute hosted informal talks between Russians, Ukrainians and Americans
This content was published on
The Geneva Center for Security Policy (GCSP) has hosted 10 meetings between Russian and Ukrainian interlocutors since the start of the war.
Automated driving on Swiss motorways is theoretically possible from March
This content was published on
It will be theoretically possible to hand over the steering wheel to technology but no such system has been submitted for official approval yet.
Heated atmosphere at Swiss rally against AfD politician Alice Weidel
This content was published on
Around 250 people demonstrated "against the right" and the German AfD politician Alice Weidel on Saturday afternoon in Einsiedeln.
This content was published on
The Ethos Foundation recommends that shareholders vote against all compensation-related items at the Annual General Meeting on March 7.
Top Swiss firms close to reaching gender quota in boards
This content was published on
The proportion of women on the boards of directors of the fifty largest listed companies in Switzerland currently stands at 28%.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.