MassChallenge

MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.

Cait Brumme

Acting CEO

Cait Brumme

Managing Partner

Siobhan Dullea

CEO

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Central Europe

BBP

Non Equity Assistance in 2021
We are a trustworthy marketplace where people can offer or hire services through an app, changing the way people access services today.

AMF Medical

Non Equity Assistance in 2021
AMF Medical, based in the EPFL innovation park in Switzerland, specializes in designing high-end, user-friendly fluidic solutions, particularly in automated liquid handling systems. The company emerged when partners involved in a complex lab automation project sought suitable components that were unavailable in the market. Recognizing their expertise in microfluidics, AMF Medical collaborated with these partners to create tailored solutions, resulting in the development of their first product, the automated sample preparator. The company is dedicated to advancing the field of microfluidics by providing innovative and effective solutions for laboratory automation.

Selmod

Non Equity Assistance in 2021
Selmod provides development of innovative small molecule therapies for the treatment of life-threatening invasive fungal infections.

Munevo

Non Equity Assistance in 2021
Munevo GmbH, founded in 2011 and based in Nuremberg, Germany, specializes in developing innovative smart glass technology aimed at enhancing mobility for individuals with disabilities. The company’s flagship product, munevo DRIVE, is a Smartglass application that allows users to control electric wheelchairs through head movements, translating these motions into digital signals for hands-free operation. This technology enables users to navigate both indoor and outdoor environments independently. In addition to the software, Munevo also provides various adaptors and accessories to complement its solutions, further supporting individuals with mobility impairments in achieving greater autonomy.

Heatneutral

Non Equity Assistance in 2021
Heatneutral is the future of zero emission and climate neutral heat energy.

Ullmanna

Non Equity Assistance in 2021
Ullmanna is focused on enhancing organic food production through the development of a smart weeding machine that employs robotics and artificial intelligence. This innovative technology enables the identification and mechanical removal of weeds, allowing farmers to cultivate crops over larger areas without the need for increased manual labor. By reducing reliance on pesticides, Ullmanna aims to make conventional farming practices more sustainable while promoting the growth of organic crops.

Visense

Non Equity Assistance in 2021
Developer of a visual error exploration system designed to provide remote error diagnosis for industrial productions. The company uses visual data and machine learning to provide real-time insights into industrial production errors by providing resolutions such as improved machine planning, fast production error diagnosis, and automated information exchange, allowing users to identify and resolve incidents quickly and precisely.

VAY

Non Equity Assistance in 2021
VAY Sports AG is a technology company based in Zurich, Switzerland, founded in 2019. The company specializes in developing a fitness training coaching application that utilizes artificial intelligence and computer vision to analyze physical movements. By employing a smartphone camera, the application creates a 3D model of the user's body to identify incorrect movements and posture, providing real-time feedback to enhance workout performance and reduce the risk of injury. VAY's technology is versatile and can be applied across various sectors, including health, sports, and gaming, by offering a system and hardware agnostic approach that delivers valuable insights and interactive experiences.

Cyltronic

Non Equity Assistance in 2021
Cytronic AG specializes in the manufacturing of electric cylinders and linear drives, positioning itself as a market leader with its unique electric cylinder offering. The company provides a variety of electric linear actuators and power transmission products designed for the easy replacement of standard ISO pneumatic cylinders. By promoting efficiency and simplifying installation, Cytronic enables businesses to adopt effective automation technologies, ultimately helping them reduce energy costs associated with traditional pneumatic systems.

NaturLoop

Non Equity Assistance in 2021
NaturLoop is a Swiss-based cleantech and material science company focused on sustainable development through the production of natural biocomposites. The company specializes in manufacturing coconut-based fiberboard derived from agricultural waste, utilizing a low-tech process that promotes circular economy practices. By leveraging existing wood panel infrastructure, NaturLoop offers a versatile and eco-friendly alternative for the construction sector, addressing environmental concerns while providing a cost-effective solution to expensive imported building materials. Additionally, NaturLoop's unique turnkey micro-factory concept allows for the industrial-scale production of biocomposites, which integrate local rural communities into the value chain. Through its innovative approach, NaturLoop aims to mitigate the depletion of natural resources and make sustainability accessible to a broader audience.

Plastogaz

Non Equity Assistance in 2021
Plastogaz is a company specializing in natural gas production from waste resources. It aims to produce a natural gas that can be used as a fuel or to produce new synthetic materials. Their technology relies on a patented catalyst and mitigates wastes plastics and greenhouse emissions. Plastogaz was founded in 2019 and is headquartered in Lausanne, Vaud, Switzerland.

DAC - Dynamic Air Cooling

Non Equity Assistance in 2021
Dynamic Air Cooling is a new ecological way to generate cold for industrial or residential air cooling and refrigeration. Our technology decreases temperature by -60°C and has no impact on environment: it uses no synthetic coolants and has neither thermal nor CO2 emissions. DAC is up to 50% cheaper comparing to traditional A/C or refrigeration technology.

Eaternity

Non Equity Assistance in 2021
Eaternity AG is a Zurich-based company that develops a software management solution tailored for the restaurant industry. Founded in 2014, Eaternity offers a platform that enables restaurant owners to gain insights into their supply chains and make informed decisions that benefit both their businesses and the environment. The core product, the Eaternity-Membership, is a web application designed to track, measure, and optimize the carbon footprint of restaurant menus. Additionally, the company provides supporting services such as the Eaternity Award, which recognizes climate-friendly meals, and Eaternity Training, which includes workshops for management and kitchen staff. Eaternity is also developing initiatives like the Eaternity event week and a corporate CSR report to further promote sustainable practices within the food industry.

Microbe Plus

Non Equity Assistance in 2021
Microbe Plus specializes in the development of innovative microbiological bio-products aimed at enhancing plant growth and protection. The company manufactures multi-strain probiotics for plants, which are formulated to safeguard crops against a wide range of pathogens, including diseases and pests. By utilizing carefully selected beneficial bacteria, Microbe Plus seeks to increase crop yields while minimizing the need for synthetic pesticides. Their mission is to create efficient and cost-effective solutions that support the health of various plants, including crops, orchards, flowers, and ornamental species, thereby contributing to sustainable agricultural practices.

Spirecut

Non Equity Assistance in 2021
Spirecut specializes in the development of innovative surgical instruments aimed at improving hand surgery standards and enhancing patient recovery. The company's flagship product, the patented Sono-Instruments, enables percutaneous release procedures under sonographic guidance in adult patients. Typically performed in outpatient settings using local anesthesia, these procedures feature minimal morbidity, allowing patients to quickly return to their normal activities. The Sono-Instruments enhance traditional needling techniques used by surgeons and radiologists, providing a specially designed tool that facilitates the safe release of thickened tissue while ensuring effective preoperative sonographic tracking. This improved visualization during surgery reduces the risk of unintentional injury to surrounding anatomical structures, ultimately optimizing surgical outcomes.

Authena

Non Equity Assistance in 2021
Authena is an IoT and Blockchain platform used for traceability and authenticity protection of brands. With its platform, the company revolutionizes how brands of high-value goods protect their products and reputation against counterfeiting and reach unprecedented levels of end-user engagement. It protects product identity against counterfeit, product diversion, and fraud by gaining access to detailed customer insights and analytics and improving finances by limiting distribution costs and boosting direct-to-consumer sales.

Wyss Center

Non Equity Assistance in 2021
Epios personalized and precision management of brain disorders using daily life monitoring and therapeutics. The Epios system comprises a series of thin leads incorporating sensing electrodes and a miniature implant, inserted beneath the skin. The neural signals are wirelessly transmitted to an external receiver held in place on the skin directly over the implant with a magnet, and from there are conveyed to a wearable data processor and are finally securely stored in the Epios Cloud.

Organifarms

Non Equity Assistance in 2021
Organifarms specializes in the development of innovative harvesting robots tailored for greenhouses and vertical farms. These robots address significant challenges in the agricultural sector, particularly the labor shortage and escalating labor costs faced by growers. By automating critical processes such as harvesting, quality control, and monitoring, Organifarms enables efficient cultivation of labor-intensive crops in indoor farming environments. Their technology not only enhances productivity but also supports sustainable farming practices by allowing for pesticide-free cultivation methods. Through these advancements, Organifarms aims to provide growers with effective tools to improve profitability and streamline operations in the evolving landscape of agriculture.

Oxyle

Non Equity Assistance in 2021
Oxyle AG is a Swiss company based in Zurich, founded in 2020, that specializes in wastewater treatment, specifically targeting the removal of persistent and toxic micropollutants. The company serves a diverse range of sectors, including pharmaceuticals, biotechnology, chemicals, food and beverage, research laboratories, electronics, hospitals, and wastewater treatment facilities. Oxyle's innovative technology effectively degrades hazardous substances such as pesticides, industrial chemicals, and personal care products, helping clients comply with environmental regulations while minimizing their carbon footprint. By offering a cost-effective solution that reduces the need for wastewater incineration, Oxyle AG contributes to the protection of water bodies and addresses critical environmental challenges associated with toxic pollutants.

SmartHelio

Non Equity Assistance in 2021
SmartHelio offers a low-cost advanced monitoring technology, e-learning, and appropriate-technology solutions. The company's products takes continuous readings, reports those results automatically, and places the results into an interpretive context that everyone can easily understand and quickly act upon.

UNISERS

Non Equity Assistance in 2021
UNISERS is based on nanotechnology and Raman spectroscopy and abbreviates “Universal Surface-Enhanced-Raman-Spectroscopy”. Their patented technology is the only known surface-enhanced Raman spectroscopy method which can detect all non-volatile impurities regardless of their chemical properties. Therefore, they can analyse multiple different impurities in liquids within the same test. Their technology is based on sample preparation and Raman scanning. The sample preparation is non-chemical and amplifies the Raman signal of impurities by a factor of ~1,000,000 and makes trace impurities detectable.

Munevo

Non Equity Assistance in 2021
Munevo GmbH, founded in 2011 and based in Nuremberg, Germany, specializes in developing innovative smart glass technology aimed at enhancing mobility for individuals with disabilities. The company’s flagship product, munevo DRIVE, is a Smartglass application that allows users to control electric wheelchairs through head movements, translating these motions into digital signals for hands-free operation. This technology enables users to navigate both indoor and outdoor environments independently. In addition to the software, Munevo also provides various adaptors and accessories to complement its solutions, further supporting individuals with mobility impairments in achieving greater autonomy.

Lyfegen

Non Equity Assistance in 2020
Lyfegen HealthTech AG, founded in 2018 and based in Basel, Switzerland, provides a healthcare platform that focuses on automating value-based healthcare contracting. The company's technology enables life sciences companies, healthcare payers, and providers to collect, analyze, and reconcile diverse healthcare data. By streamlining these processes, Lyfegen facilitates personalized healthcare through patient-level pricing and enhances access to treatments for patients. Their solutions aim to improve health outcomes and affordability across the healthcare sector, supporting clients in implementing effective value-based healthcare strategies.

Neustark

Pre Seed Round in 2020
Provider of environmental services intended to reverse carbon dioxide emissions by turning construction waste into fresh concrete for construction. The company's services decompose concrete waste into original carbonate powder and gravel components, enabling clients to recycle and produce fresh concrete.

DePoly

Pre Seed Round in 2020
DePoly is a spin off out of the LSMO lab at EPFL- Valais that has developed a novel technology allowing for the chemical recycling of PET plastic back to its main two components ethylene glycol (EG) and terephthalic acid (TPA). Our approach turns low valued materials (PET waste) into high-valued chemicals like TPA creating a circular economy. We expect this process to generate revenue from chemically recycling PET to TPA/EG, which can be sold back to industry to make new virgin PET plastic and allowing for a sustainable source of TPA and EG on the market.

Limula

Pre Seed Round in 2020
Limula Biotech is a Swiss company specializing in the design and development of an automated system for manufacturing cell and gene therapies. The company has created a patented platform that enables the distributed production of genetically engineered cells directly at the patient's bedside, utilizing a patient's white blood cell sample. This fully closed bioreactor system minimizes human intervention during the manufacturing process while maintaining control over cell culture parameters. By facilitating on-site production in hospitals, Limula's technology aims to enhance the safety, accessibility, and efficiency of personalized gene therapies, ultimately reducing time, costs, and logistical challenges. Founded in 2018 and based in Lausanne, Switzerland, Limula Biotech is committed to revolutionizing the delivery of ex vivo gene-engineered cell therapies.

Urban Connect

Seed Round in 2020
Urban Connect is a corporate mobility platform offering company employees access to a fleet of low-carbon, shared vehicles like e-bikes, bikes, e-scooters and e-cars. The offering is structured as a mobility-as-a-service (MaaS) solution. The company services large blue chip clients like Roche, Avaloq, Hilti, Sonova or Zurich Insurance. The team is composed of a number of people from different nationalities & backgrounds, all with the common goal of helping companies reduce their carbon and space footprints.

Readily3D

Pre Seed Round in 2020
Readily3D is a company based in Lausanne, Switzerland, specializing in ultrafast 3D printing solutions. Founded in 2015, it focuses on creating comfortable orthoses for patients with hearing loss and producing surgical models for use by medical professionals. The company's innovative technology utilizes a liquid photo-sensitive polymer, which is irradiated from multiple angles using pre-computed dynamic light patterns. This approach allows for the fabrication of complex, patient-tailored devices made from elastic materials, ultimately enhancing patient care and streamlining surgical planning for physicians.

Droople

Non Equity Assistance in 2020
Droople believe in a world where water is saved, affordable and available for any single life form on our planet. Sustainability takes a great place in their vision, heart and business. As tenants of earth, their role is to take care of it for the next generations. Their mission is to service businesses, utilities, communities and governing bodies with their water intelligence platform to reduce waste. Their values of transparency, sustainability, and performance are triggering their passion. Today, their value proposition is to provide businesses with retrofit solution to efficiently manage their fleet of water-driven assets and buildings. Their solutions are not only designed to increase benefits, they also take into account related social and environmental impacts. Through their solutions, they are committed to reduce plastic waste with water fountains, reduce CO2 footprint thank to on-time maintenance and grant the quality of drinking water with adequate replacement of water filters for most people.

aquama

Non Equity Assistance in 2020
Aquama offers a technology that enables users to produce their own cleaning and disinfecting solutions on-site using an app. This innovative approach utilizes a process that combines water and salt, which is then electrified to create effective cleaning agents. The solutions provided by Aquama are certified for use against COVID-19, ensuring a high standard of efficacy. By allowing users to generate these products themselves, Aquama aims to reduce logistics and minimize carbon footprints, while also providing a 100% biodegradable alternative for cleaning and disinfecting needs.

mk2 (Biotechnology)

Non Equity Assistance in 2020
Developer of a peptide and protein purification technology designed to revolutionize recombinant production processes. The company's technology facilitates the production of enhanced purity products, significantly diminishing the purification challenges prevalent in modern chemical (peptide synthesis) and biological synthesis (recombinant) methods to meet specific requirements, enabling clients to efficiently overcome purification and economy-to-scale obstacles encountered in stock breeding.

Flowbone

Non Equity Assistance in 2020
Flowbone is a company based in Lausanne, Switzerland, specializing in injectable biomaterials designed for the minimal-invasive augmentation of fragile bones that are at high risk of fracture. Its innovative technology stimulates the body's self-healing capabilities, allowing for local repair of bone and restoration of natural strength without compromising bone mechanics or blood flow. Flowbone focuses on addressing the needs of patients suffering from chronic insufficiency fractures and aims to enhance bone health, particularly in spine surgery. The company envisions a future where the elderly can maintain a high level of independence and quality of life, free from the debilitating effects of fragility fractures.

RigiTech

Non Equity Assistance in 2020
Rigi Technologies is an innovative company focused on drone technology aimed at enhancing logistics and delivery systems. It specializes in developing advanced drone vehicles that facilitate faster, more efficient, and environmentally friendly deliveries. By providing inter-city drone delivery support services, Rigi Technologies seeks to ensure that communities, governments, and private businesses have universal access to goods. Its commitment to creating next-generation logistics solutions positions the company as a leader in the evolving field of drone-assisted delivery.

Exomotion

Non Equity Assistance in 2020
Exomotion SA, founded in 2018 and based in Plan-les-Ouates, Switzerland, specializes in the development of innovative personal mobility devices. The company's focus is on robotics-based transporter systems that facilitate omnidirectional movement. Exomotion's electronic movement devices integrate advanced electrical boards with motion sensors and a unique wheeled mechanism, allowing for seamless movement in any direction and immediate rotation. This design aims to enhance user experience by rethinking e-mobility, prioritizing both omnidirectionality and safety in its solutions.

EarlySight

Non Equity Assistance in 2020
EarlySight SA is a Swiss company, established in 2016 and based in Lausanne, that focuses on developing innovative medical devices for the early detection and treatment of eye diseases. The company has created an advanced eye fundus camera that enhances retinal imaging through precise illumination and real-time correction of ocular aberrations. This device utilizes cellular-level imaging technology to identify subtle structural changes in the retina, allowing for effective monitoring of treatment outcomes in a quick and non-invasive manner. By facilitating the visualization of cell morphology within the retina, EarlySight aims to improve the capabilities of eye specialists in diagnosing and managing ocular conditions.

Access Informer

Non Equity Assistance in 2020
Access Informer is a simple yet powerful solution to collect, analyze and monitor user authorizations across key systems

Aroma Insights

Non Equity Assistance in 2020
Aroma Insights is a Givaudan spin-off free-standing kiosk that digitally delivers aromas guided by AI to create crowd-sourced flavors and fragrances, marketing, collecting data. It can collect dynamic consumer insights data, engage and educate consumers, creates crowd-sourced products, offer personalized recommendations, and more.

Inxelo Technologies

Non Equity Assistance in 2020
Inxelo Technologies specializes in developing aviation safety and quality management software that aids air operators in managing their safety and quality data and operations effectively. The company's solutions are available through web and mobile applications, ensuring compliance with the latest regulatory standards, including ICAO safety management requirements. By providing these tools, Inxelo Technologies enables airlines, airports, and air traffic control to enhance the quality of their operations and improve overall safety management within the aviation industry.

Synthara

Non Equity Assistance in 2020
Synthara AG is a Zurich-based company that specializes in designing advanced sensors for industrial Internet of Things (IoT) applications and other energy-constrained environments. Founded in 2019, Synthara offers solutions that enable consumer devices, such as wearables, augmented and virtual reality headsets, and health monitoring systems, to incorporate smart features that were previously limited due to computational constraints. The company’s technology supports a range of applications, including aerospace, automotive, and drone technologies, by providing server-class performance for neural networks with a remarkably low energy consumption of 10 TOPs per watt. Synthara AG's innovations aim to enhance the functionality of portable and wireless devices, ultimately improving their operational capabilities.

KriyaBio

Non Equity Assistance in 2020
Developer of drug delivery solutions intended to facilitate enhanced absorption of co-administered therapies. The company offers novel drug delivery solutions built around its proprietary permeation enhancer, being able to replace current intravitreal injections of biologics with eye drops, enabling users to get patient safety, patient compliance, and decreased health care costs.

Hi-D Imaging

Non Equity Assistance in 2020
Hi-D Imaging AG specializes in developing a software-as-a-service platform that enhances pre-operative planning for patients requiring aortic valve replacement. Founded in 2019 and based in Winterthur, Switzerland, the company utilizes advanced imaging technologies to assess individualized hemodynamics and optimize the selection of heart valve size and shape prior to trans-catheter aortic valve implantation. Their platform enables detailed analysis of blood flow patterns and provides in-vitro fluid dynamic evaluations, allowing healthcare professionals to tailor solutions based on the unique physiological characteristics of each patient with aortic stenosis. By addressing the limitations of traditional medical imaging, Hi-D Imaging aims to improve surgical planning efficiency and ultimately enhance patient outcomes in cardiovascular care.

ChondroNest

Non Equity Assistance in 2020
ChondroNest is focused on developing medical technologies aimed at cartilage reconstruction, specifically targeting conditions such as Osteochondritis and Osteoarthrosis. The company is creating a device made from modified biopolymers intended for in vivo use, facilitating easier and more effective reconstruction surgeries for surgeons. ChondroNest plans to conduct preclinical tests on animal models before moving on to human trials. Following these initial trials, the company intends to license its product to major MedTech companies for sales and marketing purposes, while maintaining control over the production of its ChondroNest™ pastes.

Medical Simulation Technologies

Non Equity Assistance in 2020
Medical Simulation Technologies is a startup company, established for the commercialization of advanced medical simulators, especially in the field of cardiology. The technology that we provide results from many years of research. The key to our success is an open mind and a team of professionals, which is why our company is composed of a multidisciplinary group of experts: programmers, hardware specialists and medical professionals. We do believe that this gives us advantage in innovation, quality, and a focus on practical solutions. Heart failure, or generally cardiovascular disease is still the leading cause of death. Overall quality of examination, proper diagnosis and difficult surgery success rate could be greatly improved, if the specialists had the opportunity of practical training using a faithful simulation platform. In opposite to every other simulator presents in the market, MST has developed the simulation platform based on a realistic heart model from Computed Tomography (CT). Thanks to that, a user can practice on artificial patient and can have the feeling of real examination or surgery.

Neurosoft Bioelectronics

Non Equity Assistance in 2020
Neurosoft Bioelectronics specializes in the development of soft implantable electrodes designed to interface with the nervous system for diagnosing and treating neurological disorders. Based in Geneva, Switzerland, the company has created next-generation electrodes that are compliant and conformable, addressing the limitations of existing stiff devices. Their flagship product, SOFT ECoG, is a subdural electrode that records from and stimulates the brain's surface, enhancing recording quality and minimizing MRI artifacts. Neurosoft's technology promotes long-term bio-integration, adapting to both static and dynamic mechanics of neural tissue, which can improve therapeutic outcomes for patients and expand the applications of neural interfaces in clinical settings.

Decentriq

Non Equity Assistance in 2020
Decentriq makes data collaboration simple and safe by leveraging confidential computing. Sensitive data is extremely valuable and at the same time very hard to leverage and analyze safely. Decentriq’s software platform enables our clients and partners to securely analyze sensitive data. No friction, easy to test and apply while providing state-of-art security. The platform proves the privacy and security of the data from any other party, including us. It allows complete confidentiality for computations, even while sitting in a public cloud. More under: confidentialcomputing.cloud

Addmin

Non Equity Assistance in 2020
Developer of document management software designed to manage important administrative documents. The company's platform offers to store and manage documents, enables users to gather documents from email, online and organize them, helps to automatically classify important documents and manages them.

Adiposs

Non Equity Assistance in 2020
Adiposs Sàrl is a Swiss biotech start-up focused on developing medical imaging products and technologies for the early detection of cachexia, a severe body-wasting syndrome characterized by weight loss, muscle atrophy, fatigue, weakness, and loss of appetite. Founded in 2020 and based in Plan-les-Ouates, Switzerland, the company has created ImageBAT, a CT contrast agent that facilitates the early identification of cachexia, potentially one year before noticeable weight loss occurs. This capability allows hospitals and healthcare providers to detect underlying conditions, such as cancer, at an earlier stage, thereby improving patient quality of life and increasing their chances of survival in the face of chronic diseases.

Cleverfarm

Non Equity Assistance in 2020
CleverFarm is a developer of a comprehensive web application tailored for farm management, catering to operations of all sizes. The platform provides a clear visualization of farms on a map, allowing users to monitor compliance with agricultural regulations such as the nitrates directive. It facilitates the creation of variable application maps for fertilization and sowing, automates the generation of lease agreements, and recalculates lease amounts. By offering these features, CleverFarm enables cost-effective management of agricultural operations while enhancing productivity and yields. Additionally, the platform contributes to environmental protection through its emphasis on sustainable practices.

TicInsect

Non Equity Assistance in 2020
Provider of food waste disposal services intended to reduce the impact of organic waste on the environment. The company bioconverts food waste into protein ingredients for animal feed by rearing larvae, which are a natural recycler of organic waste and are able to recover proteinic content as well as transforming the larvae into protein flour and oil, which are ingredients for animal feed, providing pet food manufacturers with a substitute protein-rich ingredient.

Amphasys

Non Equity Assistance in 2020
Amphasys is a technology company specializing in chip-based single-cell analysis technology that aims to simplify and expedite complex cell analyses, making them accessible at the point of use rather than solely in advanced laboratories. Founded in 2012 as a spin-off from Axetris AG, Amphasys developed its core technology in 2004 in collaboration with the Swiss Federal Institute of Technology Lausanne. Through extensive research across various cell types, it has demonstrated versatility for applications such as pollen and milk analysis. The technology streamlines processes by eliminating the need for time-consuming sample preparations, such as cell labeling, and reduces reliance on costly laboratory infrastructure. This enables clients to perform label-free analyses of single-cell characteristics, including cell size, morphology, viability, and differentiation. Amphasys has received recognition for its innovation, including the prestigious Swiss startup prize from the W.A. de Vigier Foundation in 2013.

weeve

Non Equity Assistance in 2020
Weeve is a developer of a secured IoT-Blockchain platform that facilitates the commercialization of the Internet of Things within the sharing and data economy. The platform connects various machine protocols, allowing businesses to harness the potential of the machine economy without requiring extensive coding knowledge. This non-code approach not only saves time and costs but also provides clients with full data sovereignty through a user permission edge platform. As a result, companies can generate value from their connected assets by leveraging data-driven services at the edge.

Exomys

Pre Seed Round in 2020
Exomys is developing a passive and modular exoskeleton for industrial application to support employees during long upright standing shifts. As a result, a higher production level and better focus at work can be accomplished. The basic idea is a passive exoskeleton presenting a carrying mechanism, similar to a mobile chair. This supports the user while standing/hunkering by transferring the load from the legs to the mechanical structure at any time. The angular position of the knee is arbitrary at any position from standing, sitting to hunkering. Consequently, the user is not exposed to debilitating positions during work, can operate longer without health issues and is more efficient in long term. All mechanical elements fit under the work pants to avoid frame sections sticking out. This provides a higher safety factor and is more user friendly compared to existing systems where the technology is mainly positioned on top of the cloth.

Smeetz

Seed Round in 2020
Smeetz SA operates an online booking platform that specializes in event organization and promotion. Founded in 2015 and based in Lausanne, Switzerland, Smeetz provides a comprehensive suite of features including data analytics, dynamic pricing, and various booking solutions. The platform caters to different types of events, from private gatherings to large-scale festivals, offering users the ability to discover popular events, follow artists, and receive personalized recommendations. For event planners, Smeetz offers tailored tools for managing the entire event lifecycle, including ticket sales, interactive media features, and real-time analytics. Its innovative approach combines advanced technology with user-friendly design to enhance the overall event experience for both attendees and organizers.

Nanoglue

Non Equity Assistance in 2020
Nanoglue is a Swiss company based in St. Gallenkappel that specializes in the manufacture of a unique nanotechnology paste designed for wound healing. This innovative product enhances the body's natural self-healing processes and is particularly beneficial for patients undergoing skin transplants. Additionally, it aids in preventing bacterial infections associated with severe burns, sports injuries, and diabetic wounds. By utilizing advanced nanoparticle technology, Nanoglue aims to support surgeons in minimizing complications related to skin transplantation and promoting rapid recovery for patients.

BLP Digital

Non Equity Assistance in 2020
BLP Digital is a technology company that specializes in automating document-based workflows in ERP and accounting through the use of artificial intelligence. The company's platform is designed to automatically extract relevant information from documents, significantly speeding up decision-making processes while reducing operational costs. By streamlining repetitive tasks, BLP Digital enhances efficiency and improves accuracy in data extraction. This enables organizations to make quicker, more informed decisions and optimize their overall document processing times. Through its innovative approach, BLP Digital aims to transform traditional workflows, allowing businesses to save time and resources.

Mushlabs GmbH

Non Equity Assistance in 2020
Mushlabs GmbH is a biotechnology company based in Berlin, Germany, that specializes in producing mushroom mycelium as a raw ingredient for meat alternatives. Founded in 2018, the company employs a fermentation platform that harnesses the potential of fungi to create nutritious and sustainable food options. By focusing on the natural processes of fermentation, Mushlabs develops healthier and tastier products with minimal ingredients, catering to both meat-eaters and vegetarians. The company aims to transform food consumption by offering solutions that benefit consumers' health while also being environmentally friendly.

Pixevia

Seed Round in 2020
Pixevia, founded in 2015 and based in Vilnius, Lithuania, specializes in creating automated retail environments through artificial intelligence. The company offers a smart store automation platform that enables fully autonomous convenience stores, eliminating the need for cashiers and long waiting lines. Utilizing advanced technologies such as cameras and sensors, Pixevia's system allows customers to enter the store, select items, and exit without traditional checkout processes. The platform includes features for layout management, inventory oversight, assortment management, and advanced analytics, which help businesses manage their operations efficiently. Additionally, it provides out-of-shelf alerts and forecasting capabilities, ultimately reducing operating expenses for retailers while enhancing the shopping experience.

Stratyfy

Non Equity Assistance in 2019
Stratyfy, Inc. is a New York-based company that specializes in AI-driven predictive-modeling software tailored for financial institutions. Founded in 2017, Stratyfy's platform enables users to develop predictive models and optimize decision-making processes while ensuring transparency and compliance within highly regulated environments. The software provides solutions for credit risk assessment and insurance fraud detection, empowering business leaders, data scientists, and compliance professionals to make informed, ethical decisions. Stratyfy's proprietary technology, branded as Smartificial Intelligence™, enhances traditional human expertise with explainable AI, facilitating a clear understanding of predictions and decisions. This approach addresses the challenges of machine learning in the financial sector, ensuring that models are both accurate and comprehensible. With research and development operations in Israel and Germany, Stratyfy aims to reduce operational and financial risks for its clients.

Planted

Grant in 2019
Planted Foods AG is a Swiss company specializing in the development of plant-based meat alternatives, including products such as planted chicken and BBQ planted chicken. Founded in 2019 and based in Zürich, the company utilizes pea protein, pea fiber, sunflower oil, and water to replicate the taste, texture, and mouthfeel of traditional animal meat. By focusing on high-quality, natural ingredients, Planted Foods aims to deliver nutritious, high-protein products that appeal to consumers seeking plant-based options. In addition to its product offerings, the company operates an e-commerce platform to facilitate direct sales to customers.

Enterprise Bot

Grant in 2019
Enterprise Bot GmbH specializes in developing artificial intelligence-powered chatbots aimed at automating customer interactions for enterprises. Founded in 2017 and based in Zug, Switzerland, with an additional office in Bengaluru, India, the company offers a range of products, including chatbots for sales and customer service, email triage bots, and scheduling assistants. Its solutions are particularly tailored for financial institutions and insurance companies, providing them with a robust customer relationship tool that enhances the overall customer experience. The multi-platform messenger addresses various customer needs, significantly reducing operational costs and wait times for call centers. By enabling natural language communication, Enterprise Bot's technology helps companies better understand and respond to user requirements.

Silencions

Grant in 2019
Silencions specializes in advanced acoustic technology aimed at reducing noise pollution through innovative material structures. The company's engineered, sub-wavelength periodic architecture significantly minimizes noise and vibration across various demanding sectors, including aerospace, automotive, construction equipment, and household items. This technology enables clients to effectively address noise issues in diverse environments, regardless of the source of the sound. Silencions is composed of an interdisciplinary team of scientists and engineers with extensive international experience from leading research institutes in Europe, positioning the company as a pioneer in vibration and noise suppression solutions.

Pi Lighting

Non Equity Assistance in 2019
Pi Lighting is an R&D consultant in LED technology and lighting. Pi Lightings develops R&D programs, algorithms, tools, and work with you on deciphering the LED challenges. We work with you on system optimization, new technology developments. We take care of your needs for R&D development and propose projects to grow your company KPIs.

ARTIRIA Medical

Grant in 2019
Artiria Medical SA develops micro-actuated device to treat vascular diseases. Its products bring micromotion deep in the brain arteries, enabling a navigation and stroke treatment. It empowers catheters and guidewires. Artiria Medical SA was incorporated in 2019 and is based in Lausanne, Switzerland.

BFT

Grant in 2019
BFT focuses on innovative sugar beet processing to create products with distinctive properties that benefit both food producers and consumers. By offering artificial sweeteners that reduce the glycemic load of foods, BFT addresses the growing concerns related to high glycemic stress in modern diets. Their products are designed to support human metabolism, positively influencing glycemic response and providing metabolic support after sugar intake. This approach not only aids in the formulation of gluten-free and lactose-free foods but also plays a role in combating the increasing prevalence of lifestyle diseases linked to high sugar consumption, thereby promoting improved nutrition and overall well-being.

CellSpring

Grant in 2019
CellSpring is a biotechnology company based in Zurich, Switzerland, focused on enhancing cell-based in vitro studies through innovative technology. Its flagship platform, 3D Bloom, allows for the rapid creation of biomimetic microtissues that are independent of cell type. This platform significantly improves upon traditional 3D cell culture methods by offering faster fabrication, greater reliability, and enhanced versatility. The microtissues developed using 3D Bloom are designed to serve various biological functions, including aiding clinicians in the early diagnosis of cancer. Through its advancements, CellSpring aims to facilitate fundamental improvements in the field of biotechnology and medical research.

PXL Vision

Grant in 2019
PXL Vision AG is a Swiss technology company founded in 2017 and headquartered in Zurich. The company specializes in designing and developing software solutions for identity verification and customer onboarding. Its primary product, Daego, utilizes advanced document and identity verification to create trusted digital identities for users. PXL Vision employs cutting-edge computer vision and machine learning technologies, leveraging expertise from former key employees of Dacuda AG, an award-winning computer vision firm. The company also has research and development centers in Novi Sad, Serbia, and Yerevan, Armenia, enhancing its capabilities in innovative software development.

Tomplay

Grant in 2019
A digitised score that automatically scrolls across the screen, synchronised with the accompanying music. Tomplay invented the Interactive Sheet Music and offers all musicians a unique tool to learn and play music.

Emotion Food Company

Grant in 2019
Since 2008, Emotion Food Company works to improve the lives of consumers and meet their specific needs. From conception to industrialization, through prototypes and tests, they created the Easy-Base ©, food texturizer for people with dysphagia. Because they believe that eating must remain a pleasure for everyone, regardless of their physical abilities .

Waterdata

Non Equity Assistance in 2019
Waterdata is a provider of AI solutions that help retailers to transform their data into profitable automated marketing actions.

Systemcredit

Non Equity Assistance in 2019
Systemcredit helps quality small to medium sized businesses to get suitable loans faster and at better terms.

Dronistics

Non Equity Assistance in 2019
Dronistics is developing a personal and human friendly drone delivery system for last centimeter delivery to hard-to-reach places. The drone is connected to the internet via 4G modem and it is controlled by the web application of Dronistics available on any device e.g. smartphone, tablet or laptop. The delivery is fully autonomous using GPS. The software has a series of safety checks to ensure safety for people during flight and while unloading the parcel.

Regenosca

Non Equity Assistance in 2019
Regenosca SA is a Swiss company based in Lausanne, established in 2019, that focuses on the development and commercialization of medical implants for bladder reconstruction. The company specializes in creating sterile, off-the-shelf implants that serve as alternatives to autologous tissue substitutes for soft tissue repair. By leveraging innovative technology, Regenosca aims to enhance patient outcomes by preventing scarring and preserving bodily functions. Their products are designed to improve the quality of life for patients undergoing bladder-related procedures, providing surgeons with effective tools for reconstruction.

Annaida Technologies

Non Equity Assistance in 2019
Annaida Technologies SA, founded in 2019 and based in Lausanne, Switzerland, specializes in the development of EmbryoSpin, an innovative device designed for biochemical research. This device performs microscopic nuclear magnetic resonance (µNMR) with a sensitivity that surpasses existing technologies by tenfold, allowing for chemical analysis at the scale of a single human embryo. EmbryoSpin is engineered for robustness and user-friendliness, making it suitable for non-invasive embryo viability screening in in-vitro fertilization and various biochemical studies. The company's advancements aim to enhance medical research capabilities, particularly in the context of reproductive health.

Asvin

Non Equity Assistance in 2019
Asvin GmbH, founded in 2018 and based in Stuttgart, Germany, specializes in cybersecurity software and IoT security updates for Internet of Things devices. The company offers a comprehensive toolbox designed to manage cyber threats and oversee the lifecycles of IoT devices. Its platform enables the identification of devices on networks, monitors their software status, and facilitates the secure distribution of updates. By employing advanced cryptographic algorithms, Asvin aims to protect networked devices from vulnerabilities and cyberattacks. The company's mission is encapsulated in its name, derived from the Sanskrit word for divine twins, symbolizing its commitment to "healing" the Internet of Things from security flaws and ensuring the integrity of connected devices through a blockchain-secured update distribution service.

PrimalBee

Non Equity Assistance in 2019
PrimalBee is a company focused on the development and sale of innovative beehives designed to streamline the honey harvesting process. Their patented hive features a unique design that includes sixteen Langstroth brood frames, which facilitate easier and more efficient honey collection for beekeepers. By enhancing the traditional beekeeping experience, PrimalBee aims to support both novice and experienced beekeepers worldwide in their efforts to harvest honey with less hassle.

DEBN

Non Equity Assistance in 2019
DEBN Sp. z o.o., based in Gdansk, Poland, specializes in the development of a medical device known as the Drug-Eluting Biopsy Needle. This innovative prostate biopsy needle aims to reduce the incidence of infectious complications associated with transrectal ultrasound-guided biopsies (TRUS-Bx). The device features a polymer-coated biopsy needle and an anesthesia needle that deliver antibiotics directly to the prostate during the biopsy procedure. By allowing the co-administration of multiple antibiotics, the needle enhances the effectiveness of infection prevention strategies, particularly by utilizing antibiotics that are not suitable for oral prophylaxis. Established in 2017, DEBN focuses on improving patient outcomes in urology by addressing the risks of post-biopsy infections through targeted drug delivery.

SAMAWATT

Non Equity Assistance in 2019
SAMAWATT AG is a Swiss company that provides technology solutions for wind and solar park operators, aiming to optimize the sales of renewable energy. Founded in 2018 and based in Eysins, the company specializes in artificial intelligence-driven trading services that help producers manage risks associated with fluctuating energy production and market prices. SAMAWATT's software integrates various functions, including production and price forecasting, spot market trading strategies, battery storage optimization, and enabling peer-to-peer energy exchange. By employing advanced algorithms, the company assists its clients in reducing penalties related to electric grid imbalances and minimizing market losses, thereby contributing to a more efficient and sustainable energy trading environment.

Watttron

Non Equity Assistance in 2019
Watttron invents a revolutionary heating system that can heat up surfaces heterogeneously. Watttron develops an innovative heating technology that can be used in various industrial processes. It is superior to current heating systems in many ways and offers a number of advantages. On the following pages, you will find information about possible applications and opportunities. The company is located in the Technologie- und Gründerzentrum Freital – a technology and start-up center on the outskirts of Dresden, the state capital of Saxony.

Hempfy

Non Equity Assistance in 2019
Hempfy focuses on innovative food and beverages, based on proprietary cold infusion technology for harvesting and processing THC-free hemp plants, compliant with Swiss legislation. All their products are 100% Swiss made : they grow Hemp, produce and develop their products exclusively in Switzerland from bottom to top. Their production is based on bespoke quality, starting from selecting the best seeds, clearest spring water till final production by the very "Swiss way of doing things".

AirAdvisor

Non Equity Assistance in 2019
We know flight disruptions happen and AirAdvisor is here to help passenger get compensation easy and absolutely free. Passengers may check eligibility and instantly submit a claim for compensation up to $670 in 3 mins. We work based on a success fee of 25%, which is cheaper than the competition and allow customers to submit claims risk-free. AirAdvisor is the finalist of MassChallenge accelerator in Rhode Island, Greater Boston area (2019). Problems covered: delayed flight by 3 hours+ and cancelled flights, denied boarding/overbooking and missed connections for the last 3-6 years. Also, compensation for lost or delayed baggage. Air Advisor has offices in the Providence, RI (Greater Boston area) and Krakow, Poland and Kyiv, Ukraine. Air Advisor does not charge any upfront payment and takes all risk working based on No-Win No-Fee basis that means no risk for clients. The company gets its commission out of the compensation successfully collected for its clients. Flight compensation regulation started in EU and now extends to US, Russia, Turkey, Middle East, India and other countries.

Yago

Non Equity Assistance in 2019
Yago enables independence for people with hand motor impairments. Yago is a portable exoskeleton to support independence in daily living for people with hand motor impairments.

iWin

Non Equity Assistance in 2019
iWin, based in Manno, Switzerland, specializes in the development of an innovative photovoltaic venetian-blind shading device that is seamlessly integrated into insulating windows without affecting their design or functionality. Established in 2019, the company aims to enhance building sustainability, as the construction sector is responsible for approximately 40% of global CO2 emissions. The patented system not only generates renewable energy on-site but also effectively controls light and solar radiation, protecting buildings from overheating in summer. iWin’s product is customizable in size and color, durable, and requires minimal maintenance, boasting a payback period of less than ten years. The company has created its first working prototype and has formed partnerships with SUPSI and Pellini Group, a leader in integral venetian blinds. With a significant market opportunity, particularly in Switzerland where around 900,000 square meters of glass façades are installed annually, iWin is poised for growth in the sustainable building sector.

Logmind

Non Equity Assistance in 2019
Logmind is an AI-accelerated log data analytics platform for the visibility and automated insights into unstructured log data. It aims to enable modern companies to easily analyze unstructured log data generated from a complex IT infrastructure. Logmind uses its IT operations and DevOps teams to automatically detect applications issues. This helps clients to run their applications bug-free and allows them to identify and avoid costly incidents on time.

kaiosID

Non Equity Assistance in 2019
kaiosID offers a cloud-based traceability solution aimed at combating counterfeiting and grey market issues. The technology embeds unique hidden patterns into product packaging, creating a distinctive fingerprint for each item that can be verified using a smartphone. This innovative approach seamlessly integrates into existing production, packaging, and logistics processes without the need for additional hardware. In addition to tracking consumer goods, kaiosID's platform provides clients with theft prevention analytics and customizable systems that enhance brand protection and facilitate direct connections with consumers. By enabling effective monitoring and verification, kaiosID helps brands maintain their reputation and safeguard their products.

Testmate Health

Non Equity Assistance in 2019
Testmate Health is a medtech startup and award-winning spin-off of University of Geneva (Switzerland). We have developed a smartphone compatible platform test kit that diagnoses any disease with an identifiable DNA or RNA sequence - without the need for a lab, providing results directly at home in minutes. Based on this platform, our first solution is the first rapid urine self-test for the four most common sexually transmitted diseases (STD). One million new STDs are diagnosed a day, and yet the best improvements to date still need a lab, with results taking up to 7 days to be ready. Our easy to use all-in-one-kit provides results in minutes, anywhere, at any time, and the result is scannable by a smartphone to enable people to immediately gain access to treatment – if needed. Further test-kits with other diseases are in the pipeline to empower users to skip the waiting room, and take charge of their health from home.

OxyPrem

Non Equity Assistance in 2019
OxyPrem AG is a Swiss company that develops, designs, and manufactures advanced sensor solutions specifically for monitoring preterm infants. Founded in 2018 and based in Zurich, it offers a reusable oxygen sensor that continuously measures hemoglobin oxygen saturation in any human tissue, particularly focusing on the brains of high-risk preterm infants. By employing noninvasive near-infrared light technology, the device provides real-time monitoring, enabling healthcare professionals to prevent severe outcomes such as early death or long-term brain damage in this vulnerable population. OxyPrem's innovative approach not only enhances clinical care but also significantly reduces medical waste associated with single-use devices.

Microcaps

Non Equity Assistance in 2019
Microcaps AG specializes in developing innovative microencapsulation technology that facilitates the precise fabrication of monodisperse capsules and microparticles. Founded in 2018 and based in Zurich, Switzerland, the company focuses on scalable production through microfluidics, which allows for enhanced size control, precise dosing, and increased stability of microcapsules. Its technology is particularly beneficial for protecting pharmaceutical agents in drug delivery and encapsulating probiotics. Microcaps provides tailored solutions that significantly improve throughput rates and maintain quality, surpassing conventional production methods. The company's aim is to establish a fully-automated encapsulation micro-factory that streamlines the manufacturing process and meets the diverse needs of its clients in pharmaceuticals and cosmetics.

Nevomo

Non Equity Assistance in 2019
Nevomo, a company founded in 2017 and based in Warsaw, Poland, specializes in developing advanced High-Speed Railways (HSR) utilizing magnetic levitation, linear motor technology, and autonomous control systems. It is recognized as the only firm globally focused on gradually introducing Hyperloop-inspired solutions to enhance the railway sector. Nevomo's patented magrail technology enables the modernization of existing conventional railway lines, allowing speeds of up to 300 kph (186 mph) on standard lines and 415 kph (258 mph) on HSR. This system maintains the operational capabilities of traditional railways, enabling operators to utilize existing rolling stock. The magrail system can further evolve into a vacuum version, known as hyperrail, which could achieve speeds of 600 kph (373 mph) and eventually transition into hyperloop technology with speeds reaching 1200 kph (746 mph). The estimated capital expenditure for retrofitting lines to the magrail standard is comparable to building new highways, while offering significantly lower energy and maintenance costs than current HSR systems. The company has established partnerships with firms such as TME Transfer Multisort Electronics and Microsoft, and has a strong R&D team led by notable experts in the field.

Plair SA

Non Equity Assistance in 2019
Plair SA develops and manufactures systems for preventive environment monitoring. It offers Rapid-E, an instrument that accurately and comprehensively analyze single aerosol particles in real time; and Rapid-C uses laser-induced fluorescence and light scattering detection, providing unprecedented high-level output in particle counts. The company was founded in 2014 and is based in Plan-les-Ouates, Switzerland.

Terapet

Non Equity Assistance in 2019
Terapet SA, founded in 2019 in Geneva, Switzerland, specializes in proton therapy, an advanced form of radiotherapy for cancer treatment. Established by physicists Christina Vallgren and Marcus Palm, along with Professor Raymond Miralbell from the Geneva University Hospitals, the company aims to provide precise tumor targeting while minimizing damage to adjacent healthy tissues. Terapet's innovative technology allows for a reduced radiation dose to surrounding healthy cells by administering high doses of protons that halt at specific depths within the patient. This capability enables medical professionals to monitor the proton dose in real-time and in three dimensions, making cancer treatment more effective and potentially more cost-efficient. The company has successfully demonstrated the feasibility of its concept and is in the process of developing an initial version for market launch.

Antavi

Non Equity Assistance in 2019
Antavi offers the next generation command and control platform to manage public spaces: Must-have solutions for any smart city.

Pixevia

Non Equity Assistance in 2019
Pixevia, founded in 2015 and based in Vilnius, Lithuania, specializes in creating automated retail environments through artificial intelligence. The company offers a smart store automation platform that enables fully autonomous convenience stores, eliminating the need for cashiers and long waiting lines. Utilizing advanced technologies such as cameras and sensors, Pixevia's system allows customers to enter the store, select items, and exit without traditional checkout processes. The platform includes features for layout management, inventory oversight, assortment management, and advanced analytics, which help businesses manage their operations efficiently. Additionally, it provides out-of-shelf alerts and forecasting capabilities, ultimately reducing operating expenses for retailers while enhancing the shopping experience.

Logmind

Non Equity Assistance in 2019
Logmind is an AI-accelerated log data analytics platform for the visibility and automated insights into unstructured log data. It aims to enable modern companies to easily analyze unstructured log data generated from a complex IT infrastructure. Logmind uses its IT operations and DevOps teams to automatically detect applications issues. This helps clients to run their applications bug-free and allows them to identify and avoid costly incidents on time.
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