10 Best Swiss Startups To Watch In 2023

best swiss startups
Last updated: May 23rd, 2023

Since the middle of the 16th century when the craft of clock and watchmaking began in Geneva, the Swiss government and the private sector have maintained its global image of cutting-edge technology.

Today, Switzerland is a booming hotspot for startups and the Swiss government continues to attract startups from around the world.. This is thanks, in part, to its constant evolution of innovation and status of having one of the highest gross domestic products (GDP) in the world. And in 2022, 3.3 billion CHF was secured for Swiss startups. That’s up from 1.2 billion in 2021.

Whether you’re relocating to the alpine country, looking for the possibility of remote work, or a profitable investment, we’ve created a list of 10 startups in Switzerland we believe have a skyrocketing future.

Lunaphore Technologies

Lunaphore Technologies logo

Lunaphore Technologies is a company specializing in spatial biology, a field of research that studies cells, precisely their location in tissue, and how cells interact, organize, and create patterns that influence the tissue on the micro-cellular level.

Working in this capacity, you will have the chance to discover new cell types, the functions of all cell types, and how they are affected by the environment. Finding patterns in cells can lead to an understanding of a patient’s response to cancer treatments.

Researchers at the company have also used data for an overview of immune infiltration in COVID-19 placentitis

Lunaphore Technologies is located in the city of Lausanne and employs 11-50 people.

Planted Foods

Planted Foods logo

Planted Foods is a company that produces plant-based meat using all-natural components. The benefits of healthier eating and less environmental impact give this company a promising future. The company’s goal is to dramatically change the way meat is perceived and consumed.

The company claims that its process produces up to 87 percent CO2 equivalent emissions and saves over 90 percent more water when compared to processing animal meat. Foods like Planted bratwurst are available in two flavors that have all the taste, juiciness, and aroma animal sausage has.

Other products by Planted Foods include Planted chicken in an herb and lemon flavor, chicken curry, pulled BBQ, Viennese-style schnitzel, and more. These products are available from consumer or business web stores, retail stores, and restaurants.

Headquartered in Zurich, Planted Foods has 11-50 employees.

Ledgy

Ledgy logo

Ledgy is a platform that helps companies achieve global expansion. It supports more than 40 companies worldwide by automating equity and granting share options to employees.

By using Ledgy, companies can integrate equity into all of their key systems, understand ownership stakes, keep track of stock, and manage employee stock ownership plans (ESOPs.)

Ledgy is based in Zurich and has 1-10 employees.

GlycoEra

GlycoEra logo

GlycoEra is a startup company that is transforming medicines through the degradation of extracellular proteins. Disease-causing circulating and membrane proteins are selectively degraded. Targeted conditions include neurological diseases, cancer, infectious diseases, autoimmune diseases, and metabolic diseases.

GlycoEra’s technology makes the complete and rapid removal of proteins possible. The process is different than other protein degradations in that extracellular and membrane proteins can be targeted.

Founded in Zurich in 2020, GlycoEra is based in Wadenswil, Switzerland, and Newton, Massachusettes USA.

Yokoy

Yokoy logo

The Fintech company Yokoy has a spend management platform that automates expenses, credit card processing, and invoicing. It uses the business models B2B4 and SAAS.

Yokoy has several investors including Balderton Capital, Speedinvest, Visionaries Club, Swisscom Ventures, and Left Lane Capital. Based in Zurich, it has 101-250 employees.

Kooky

Kooky2go logo

Kooky is a Green Consumer Goods company that offers a digital cup smart system to dispose of reusable cups in a sustainable way through Kooky dropoff boxes.

When customers order drinks, they get a Kooky cup for a 1 CHF deposit. The Kooky cup is then returned at a dropoff box and the 1 CHF is credited in a wallet app by scanning the QR code on the cup. Kooky only takes a 10 percent fee.

Employees empty the Kooky boxes and bring them to the company’s rinsing logistics where they are cleaned according to high standards, and then redistributed to partners. All of the logistics take place using electric vehicles.

The Kooky Company was founded in 2021 in Zurich and has 11-50 employees.

Cosmos Network

Cosmos Network

The goal of the Cosmos Network startup company is to become the first decentralized exchange. Cosmos apps and services use an inter-blockchain communication protocol (IBC) to exchange assets and data. Very low fees are charged and transactions are instantly confirmed.

The Cosmos Network currently has over 277 interchain apps and services including Terra, Crypto.org, Binance Chain, and Cosmos Hub, and manages more than 60 billion digital assets. Values are exchanged, and stored differently than centralized services making it the first fully free blockchain.

Cosmos Network is located in Zug and employs 51-100 people.

CUTISS

CUTISS logo

CUTISS is a Swiss startup clinical-stage company that specializes in skin tissue engineering and regenerative medicine. Patients with serious skin defects receive automated and personalized skin therapy for children and adults that is safe and effective.

The company takes into account that the skin is our largest organ and helps people around the world that require skin restoration through surgical interventions.

CUTISS is based in Zurich and has 11-50 employees.

9TLabs

9T Labs logo

9T Labs uses a new industry standard to manufacture lightweight, strong, and sustainable materials at a lesser cost. Heavy metal parts are replaced with lightweight fiber composites without compromising strength.

Parts are guaranteed to be 50 percent lighter or more when compared to metal. The materials are environmentally friendly and reduce the carbon footprint.

Industries served include aerospace, automotive, education and research, industrial equipment, medicine, and sporting goods.

Located in Zurich, 9T Labs employs 11-50 people.

Carvolution

Carvolution logo

Carvolution offers an affordable alternative to buying or leasing a car. Costs are clearly calculated and are lower than traditional car purchases or leases. There is no risk for the resale of the car.

All-inclusive bundles are simple and customers only have to refuel or recharge. Flexible plans allow customers to drive the car for a few months or a few years. Insurance, registration, taxes, tires, service, and maintenance are included in the plans.

Consultations are free and non-binding. In-store shopping and in-store pickup are available at the dealership in Bannwil, Switzerland.

Frequently Asked Questions

Is Switzerland an ideal location for startups?

Yes, according to the Global Competitive Report, Switzerland’s framework for startup businesses is among the best in the world.

Is Zurich a good place for startups?

Yes, Zurich, Switzerland’s largest city ranks in the top 100 startup ecosystems worldwide.

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