The volume of venture capital that helps aspiring companies get off the ground in Switzerland quadrupled to CHF4 billion ($3.7 billion) between 2017 and 2022.
This content was published on
2 minutes
swissinfo.ch/mga
Português
pt
Investimento em startups suíças quadruplica em cinco anos
The main beneficiaries last year were ICT start-ups, including financial technology, and cleantech innovators, according to the latest Swiss Venture Capital Report.
ICT companies attracted the most funding (CHF1.16 billion) and fintech firms accrued nearly a billion francs. The Climeworks funding round boosted cleantech capital raising to CHF827 million.
The clear loser in the last couple of years has been the biotech sector that has seen venture funding drop in half to around CHF400 million in 2022.
The report, published by the portal Startupticker.ch and the Swiss Private Equity & Corporate Finance Association in cooperation with startup.ch, expressed satisfaction that VC funding continued to rise despite global economic distress last year.
“In 2022, the market underwent its first serious stress test, which it passed with flying colours,” the report stated. “Investment continued to grow, despite adverse circumstances.”
“The upswing in Swiss venture capital investment is definitely not a bubble that collapses without a murmur at the first sign of a change in sentiment.”
Popular Stories
More
Foreign affairs
Why Swiss trams have become sought-after vehicles in Ukraine
Five people charged in connection with deadly Swiss rockslide
This content was published on
Five people have been charged with multiple negligent homicide in connection with the deadly Bondo rockslide that occurred seven years ago.
Mountaineer dies after 100-metre fall from Matterhorn
This content was published on
A women fell down the east face of the iconic mountain on Thursday, from an altitude of some 3,460 meters above sea level.
Swiss court ruling: only mothers have legal say in abortion cases
This content was published on
Switzerland’s highest court has ruled against a man who had sued his ex-partner for terminating pregnancy at an advanced stage.
Shooter and mountain-biker to carry Swiss flag at Olympics opening
This content was published on
Sports shooter Nina Christen and mountain-biker Nino Schurter will be the Swiss delegation’s flag-bearers at the opening ceremony of the Paris Game on Friday.
UBS questioned by US Senator over $350 million tax evasion case
This content was published on
UBS has been asked by a powerful US lawmaker about whether Credit Suisse failed to report an American accused of evading taxes on $350 million in income.
Funding for start-ups barely dented by coronavirus
This content was published on
Investors poured more money into fledging cleantech and biotech projects in 2020 at the expense of ICT and particularly fintech companies. These are the findings of the annual Swiss Venture Capital reportExternal link released on Tuesday by startupticker.ch and the investor association SECA. Despite a wobble last March, and to a lesser extent in October,…
This content was published on
The SFr100 million ($107 million) emergency cash pot has been oversubscribed more than fivefold, with more than 1,000 applications asking for a total of SFr550 million in funding since September. The agency handing out the grants has called for greater long-term financing. As the franc gained rapidly in value against most major currencies, including the…
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.