More than CHF400 million in venture capital for Swiss start-ups
In recent years, the Swiss start-up scene has vastly improved in terms of quality and quantity, and as a result young entrepreneurs have become increasingly attractive to investors. Last year, young Swiss companies generated more than CHF400 million in venture capital. This figure compares very favourably with other European countries; for example, in Germany a relatively modest €690 million in venture capital was generated by start-ups in 2011. This is one of the main messages of the new startupticker’s Venture Capital Report 2012.
Of the 67 companies, which published information about their financing rounds, 29 are from the ICT, 10 from biotech and 12 from the medtech sector. The strength of ICT and medtech start-ups is also reflected in the invested sum. In 2012 CHF 188 million went to ICT companies and CHF118 million to medical technology start-ups followed by biotechnology (CHF101 million). Thus, start-up companies in the life sciences generated significantly more capital overall than IT companies.
The figures can be found in the first startupticker Venture Capital Report, based on continuous reporting by the startupticker.ch news portal on financing rounds by Swiss start-ups. The report contains a statistical analysis of the financing rounds, the 10 largest investments and a complete listing of all financing rounds. A PDF version of the report can be downloaded free.
Analysing the Swiss start-up scene
Recently we reported about two interesting new results of studies about the Swiss start-up scene. The team of the Swiss Start-up Monitor wrote an article about the question whether educational diversity matters for start-ups’ innovation power. And the Federal Statistical Office published a report about new companies and the number of jobs start-ups create.