First-half investment in Swiss start-ups doubles to more than CHF1 billion
Start-ups in ICT, biotech, medtech and fintech raised the most investment
Keystone
Venture capital investment in Swiss start-ups doubled during the first half of 2019 to exceed CHF1 billion ($1.01 billion).
This content was published on
1 minute
swissinfo.ch/ts
After record investment in 2018, the venture capital market has stayed strong in 2019, according to data published on Tuesday by Swiss company VenturelabExternal link. It shows equity investments rose to CHF1.02 billion during the first half of 2019, compared with CHF492 million in equity, loans and grants during the same period last year.
The billion-franc milestone passed in the first six months of 2019 exceeds all the funding Swiss start-ups raised during the whole 2017 and represents three-quarters of the venture capital funding recorded in 2018 by the Swiss Venture Capital Report.
Swiss start-ups in ICT (information and communications technology), biotech, medtech and fintech raised the most investment.
“Swiss start-ups are able to secure large funding rounds and combined with the continued strength of public markets is likely to further feed the momentum,” said Stefan Steiner, co-managing director of Venturelab.
He expects very strong results and more large funding rounds during the second half of 2019.
“M&A has always been the predominant exit route for venture-backed companies, but I’m pretty sure we will also see some IPOs from Swiss start-ups in the near future.”
More
More
Swiss crowdfunding figures rise dramatically
This content was published on
Crowdfunding campaigns are booming in Switzerland, with funding jumping by 38% between 2017 and 2018.
How is your country dealing with the return of stolen artifacts?
Western nations like Switzerland often have to deal with the process of recovering or returning looted artifacts which have been illegally imported. What’s the situation like in your country?
What do you think Switzerland’s Alain Berset can bring to the Council of Europe?
The former interior minister is to become the first Swiss Secretary General of the Council of Europe – which issues should his five-year term focus on?
Swiss helicopter rescue pioneers safe autopilot approach system
This content was published on
Swiss air rescue company Rega has received approval for a new kind of instrument flight system for approaching a hospital.
Algerian to face trial in Switzerland for ties to Islamic State
This content was published on
A 51-year-old Algerian man has been charged by the Swiss Federal Prosecutor's Office for involvement in the banned terrorist group.
Sylvain Saudan, ‘skier of the impossible’, dies aged 87
This content was published on
The Swiss father of extreme skiing pioneered descents from the Alps to the Himalayas – and became the sport’s first star.
Hayek family buys additional Swatch shares for nearly CHF11 million
This content was published on
Following the acquisition of registered shares worth over CHF20.6 million on Monday, the Hayek family made another purchase on Tuesday.
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.
Read more
More
Swiss start-up leads the fight against food waste
This content was published on
A Swiss agrotech start-up has declared war on food waste with the development of a natural product that fights pathogenic fungi.
This content was published on
Cleaning up space is the mission of a new Swiss start-up, ClearSpace, which will capitalise on technology developed by engineers at the EPFL.
This content was published on
With several traditional watchmakers not in attendance, Baselworld has this year launched a platform to showcase industry start-ups.
Swiss start-ups to benefit from multi-million fund
This content was published on
Start-ups and innovative small and medium-sized businesses are to be encouraged to stay in Switzerland thanks to a new fund.
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.