Cradle raises US$73 million
Kilchberg/Amsterdam - Cradle has raised US$73 million in a Series B funding round. The biotech startup in the canton of Zurich will use the funds to accelerate adoption by scientists of its AI platfor...
Beaconsmind to form Swissnet Group together with Swissnet and Lokalee
Wollerau/Berg/Dubai - Beaconsmind has agreed a takeover deal for Swissnet AG, Swissnet ICT and Lokalee. In so doing, beaconsmind is accelerating its strategic realignment from a single-product company...
RoBoa, Oxyle and Bystronic win the Swiss Technology Award
Zurich/Schlieren/Niederönz - The finalists of the Swiss Technology Award have presented their projects to around 1,000 attendees at the Swiss innovation platform Open-i. In the end, RoBoa was named as...
Hamilton and CSEM develop improved method for liquid analyses
Bonaduz/ Neuchâtel - Experts from Hamilton and CSEM have developed a new analysis technique for liquids. The system, which is based on microfluid technology, is now being commercialized under the name...
Sustainability Robotics finds new home at NEST
Dübendorf - The Swiss Federal Laboratories for Materials Science and Technology (Empa) has officially opened its DroneHub at NEST. There, the Empa lab Sustainability Robotics and Imperial College Lond...
ABB to build components for ESA climate satellites
Zurich/Bremen/Paris - ABB has been commissioned to develop and build thermal infrared payloads for the European Space Agency (ESA). Two Earth Explorer satellites are to be equipped with these instrume...
LocalStack raises 25 million US dollars in fresh capital
Zurich/San Francisco/Menlo Park - LocalStack will have the chance to develop multi-cloud strategies after securing an investment of 25 million US dollars. The expansion beyond AWS, the most widely use...
Canadian Myant takes over Nanoleq and Osmotex
Rümlang/Thalwil/Mississauga - Nanoleq and Osmotex, two companies based in the Greater Zurich Area, have been acquired by Myant. In so doing, the Canadian company, which focuses on smart materials for ...
Switzerland climbs into second place worldwide for digitization
What makes Switzerland a digital powerhouse in 2024? The Alpine nation has leaped from fifth to second place in the IMD World Digital Competitiveness Ranking, securing its position just behind Singapo...
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