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Locatee secures 7.1 million euros
Zurich - Locatee has secured 7.1 million euros in a funding round. The startup has developed a software to record the capacity of office areas in a fully automated process. This should help to optimize space utilization.
Authena secures 2.3 million Swiss francs
Zug - Authena has secured 2.3 million Swiss francs in a financing round. The startup is developing a new solution to combat product counterfeiting. It uses blockchain technology to do so.
Balgrist University Hospital building simulation center
Zurich – Balgrist University Hospital is creating a surgical research and teaching center. Here, aspiring surgeons will be able to practice in the operating theatre using simulations. The infrastructure will also facilitate the development of new operating techniques.
Haelixa makes denim traceable
Kemptthal ZH – Denim manufacturer Diamond Denim from Pakistan is joining forces with Haelixa. The spin-off from the Swiss Federal Institute of Technology in Zurich has developed a DNA based traceability solution to mark products without a label.
Chinese firm invests in Proteomedix
Schlieren ZH – The Chinese company New Horizon Health Limited and Proteomedix have agreed a research cooperation. In this context, New Horizon Health is investing a total of 3 million Swiss francs in the form of a convertible bond in the cancer diagnosis firm.
Switzerland remains a global innovation leader
Geneva – Switzerland has once again topped the Global Innovation Index for this year. In so doing, the World Intellectual Property Organization has determined that no coronavirus-related slump has been observed in relation to financing innovation.
Sensirion acquires AiSight
Stäfa ZH - Sensirion Holding AG has agreed a takeover of the Berlin-based machine diagnosis start-up AiSight. In so doing, the sensor specialist is expanding its portfolio to include innovative vibration sensor technology. In addition to components, Sensirion will now be in a position to offer end-to-end services.
Greater Zurich Area is popular with biotech
More and more Chinese biotech companies are interested in the Greater Zurich Area. According to Tigermed, a global contract research organization, it is perfectly suited as a strategic location and could be mutually beneficial for biotech scenes from both regions.
Annual meeting of the WEF
Cologny GE - The annual meeting of the World Economic Forum (WEF) will be returning to Davos-Klosters in the canton of Graubünden in January after a one-year hiatus. Singapore was being discussed as the venue until recently. The theme is “Working Together, Restoring Trust”.

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