Algorithms used to analyze tree heights around the world
Zurich - The Swiss Federal Institute of Technology in Zurich has developed a neural network that is able to determine the height of trees around the world using regularly updated satellite images. With this global map, it could be possible to track deforestation of rainforests and accurately evaluate how much CO2 is released by this.
Hedera comes to Switzerland
Pfäffikon/Richardson - The public ledger platform Hedera Hashgraph has founded the Swiss Hashgraph Association and allocated it grant funding of US$16.3 million. In collaboration with the Swiss Digital Assets Institute, this will be used to launch a global innovation program.
SynSense and BMW exploring intelligent cockpits
Zurich/Chengdu - SynSense is integrating its innovative sensors in smart vehicle cockpits for the first time. The neuromorphic chip provider has entered into a partnership with BMW. Together, the two companies intend to explore event-based vision in the area of neuromorphic technology.
Versantis and ZHAW developing portable measuring device for liver function tests
Zurich/Winterthur - Versantis has been awarded an Innosuisse grant for a portable device for liver function tests. The biotech firm from the Greater Zurich Area is set to commission the ZHAW School of Engineering to develop a prototype.
Metacask launching NFT marketplace for luxury whisky casks
Zug - Metacask has launched the first NFT-based marketplace for trading high-value whisky casks. The first auction comprising 11 NFT casks has been carried out via the Casper blockchain.
CDR-Life receives 76 million US dollars
Schlieren - The biotech company CDR-Life has concluded a series A funding round with 76 million US dollars. This is intended to be used for further development of the antitumor program CDR404.
Cantonal government applies for credit for innovation park in Dübendorf
Zurich/Dübendorf - The Zurich cantonal government has presented three submissions to the cantonal parliament for development of the airfield area in Dübendorf. Around 97.5 million Swiss francs has been proposed for gradual development of the innovation park. Planning credit is being requested for the airfield.
Healthtechpark set to become leading medtech hub
Schlieren ZH - Carmen Walker Späh, a member of the government of the canton of Zurich, opened the Healthtechpark Zurich-Schlieren on April 12. The project was initiated by the location promotion agency of the city of Schlieren. It will offer start-ups and companies the infrastructure they require.
Switzerland is a leading marketplace for crypto assets
Zurich - Switzerland is one of the world’s leading countries for trading digital assets. According to a survey by PwC Switzerland and Finery Markets, this is due to the quality of execution and liquidity. These aspects have top priority when it comes to deciding on a jurisdiction.
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