Zug welcomes five new companies
Zug – Five companies have recently opened subsidiaries in the canton of Zug. They hail from sectors including life sciences, ICT and fintech, and were drawn by Zug’s business-friendly climate and well developed blockchain network.
New incubator for Crypto Valley
Zug – A new incubator has launched in Zug. Crypto Valley Venture Capital (CV VC), which was founded by Lakeside Partners and private investors, will offer seed money and an incubation programme to blockchain startups.
AdNovum launches mobile authentication solution
Zurich – AdNovum is extending its NEVIS Security Suite with a mobile authentication solution that uses fingerprint or face recognition to identify users. The innovation will make transactions via e-banking easier and more convenient.
ETH plans new professorships in future-oriented disciplines
Zurich – The Federal Institute of Technology in Zurich (ETH) plans to secure its leading position in the long term with new professorships in future-oriented scientific fields. Among them are cyber security, medtech and robotics.
Porsche and Hyundai invest in WayRay
Zurich – Porsche, Hyundai and Alibaba have invested in a startup company from the Greater Zurich Area. WayRay raised 80 million dollars in the investment round, with plans to channel the funds into its augmented reality technology for cars.
Auterion raises $10 million
Zurich – ETH spin-off Auterion, the world’s largest open-source drone software company, raised $10 million in seed funding earlier this month. The amount is well above the Silicon Valley average.
Luciole Medical raises 5.3 million Swiss francs
Zurich – Medtech firm Luciole Medical has raised 5.3 million Swiss francs in a Series A financing round. The company will use the funds to commercialize its monitoring probe for the brain.
RUAG Space partners with SWISSto12
Zurich – Space industry company RUAG Space and the startup SWISSto12 have entered into a partnership to jointly develop active antenna solutions in an effort to improve telecommunication satellites.
5G system to monitor production of aircraft
Schaffhausen — Georg Fischer has developed a system to monitor manufacturing processes in collaboration with Fraunhofer IPT and Ericsson. It is based on the 5G telecommunication standard and will be used in the aerospace sector, among others.
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