Switzerland is a hub for innovation and entrepreneurship, with a thriving startup ecosystem and a strong tradition of scientific and technological excellence.
In recent years, the country has seen significant growth in the number of startups and the volume of investment in the sector, with a focus on technology and life sciences industries.
According to a report by Startupticker, Swiss startups raised CHF 2.6 billion ($2.7 billion) in 2020, a 30% increase compared to 2019.
Popular industries:
Technology, including software, hardware, and fintech
Life sciences, including biotech, pharmaceuticals, and medical technology
Consumer goods and services
Most active investors:
Swisscom Ventures
Investiere
Redalpine Ventures
Earlybird
Massive Fund
5 popular startups:
Pony.ai: A leading autonomous driving technology company
Onedot: A logistics platform that optimizes shipping for businesses
MindMaze: A digital health company that develops technology for rehabilitation and neuroscience
Panono: A provider of spherical photography technology and solutions
AmonRa Surgical: A medical technology company that develops innovative surgical instruments
Government initiatives:
The Swiss government has supported the startup ecosystem through various initiatives, such as the launch of the “Innosuisse” program to support innovation and entrepreneurship in the country.
The government also offers tax incentives for investors and entrepreneurs, as well as funding and support for research and development through institutions such as the Swiss Innovation Agency (Innosuisse).
In addition, Switzerland has a favorable business environment with a highly skilled workforce and a strong tradition of innovation, making it an attractive location for foreign investors and startups.