Freudenberg gains recognition at the Automotive News PACE Awards
Zurich/Detroit - Freudenberg Sealing Technologies is one of eleven automotive suppliers in 2022 to receive a PACE Award in Detroit from the local trade journal “Automotive News”. The company was recognized for its development of an innovative valve for pressure equalization in BEV batteries.
On using carbon as a resource for new running shoe
Zurich - The sports shoe manufacturer On has succeeded, together with its partners LanzaTech, Borealis and Technip Energies, in transforming industrial carbon into plastic pellets before it is released into the air. This bioethylene is now being used in a new running shoe.
Portofino Technologies raises 50 million dollars
Zug - Portofino Technologies, the specialist in high-frequency trading for digital assets, has raised 50 million US dollars from venture capital firms. With this capital, the company from the Greater Zurich Area intends to develop and build financial infrastructure.
GENFIT takes over Versantis
Zurich/Loos - The French pharmaceutical company GENFIT has agreed a deal to acquire Versantis. With its advanced research programs, GENFIT is expanding its pipeline to combat acute-on-chronic liver failure. The takeover will include payments of up to 105 million Swiss francs in addition to a share of revenues.
UAE university cooperating with BSV Blockchain
Sharjah/Zug - The University of Sharjah in the United Arab Emirates is starting a research project with the BSV Blockchain Association based in the Greater Zurich Area. The aim is to develop a Metaverse system to preserve the cultural heritage of the UAE.
New immunotherapy shows promise in combatting fibrosis
Zurich - Researchers from the University of Zurich are working on a new immunotherapy to treat fibrosis of the lungs and liver. They have now recorded promising results in murine models. The fibrosis was reduced while healthy tissue was left unharmed.
Dieter Schwarz Foundation promotes artificial intelligence at ETH
Zurich - A generous donation by the Dieter Schwarz Foundation is strengthening the research area of digitalization and artificial intelligence at the Swiss Federal Institute of Technology Zurich (ETH). Two professorships have been created and outstanding, talented researchers will be supported at the ETH AI Center.
American company uses Sensirion methane sensors
Stäfa/Denver - The climate analysis platform from Project Canary will in future offer sensors from Sensirion Connected Solutions to its industry clients in the USA. These sensors can detect and quantify leaking methane, meaning, for example, that gas suppliers are able to deliver verifiable climate documents.
German insurer using Spitch speech recognition
Zurich/Munich - The Konzern Versicherungskammer has converted its claims hotline to use natural speech recognition solutions from Spitch in the Greater Zurich Area. The insurer from German has consequently reduced the volume of calls that cannot be allocated from 40 percent to 15 percent.
Meet with an expansion expert
Our services are free of charge and include:
- Introduction to key contacts in industry, academia, and government
- Advice on regulatory framework, taxes, labor, market, and setting up a company
- Custom-made fact-finding visits, including office and co-working space