Editorials

Large companies discover Swiss start-ups

06.06.2014 15:18

Intel, IBM, Zurich, Swisscom, Twitter, Google – the names of corporates that we mention in this week’s startupticker are impressive. It shows clearly that start-ups today stand a good chance of working with large companies or even being bought by them.

Dear reader

Computex Taipei is the largest ICT exhibition in Asia; accordingly, the keynote speech by Intel always attracts attention. And this time a Swiss start-up has benefited from it: faceshift’s software, which translates the movements of people in real time into the movements of avatars, was introduced during the speech. Thanks to the collaboration between Intel and faceshift, this technology will now find its way into consumer devices.

In addition to Intel, we also mention quite a number of other large companies on startupticker this week – a very good sign as it shows that the boundaries between start-ups and large companies are becoming more permeable. A good example is the partnership between Skiioo and Swisscom, which developed after meeting at last year’s Swisscom Challenge. Thanks to the collaboration, from next season users of Skiioo will be able to pay for their ski passes directly through their mobile phone bill.

Start-ups are in demand at the big awards too. The Zurich Climate Prize includes a category specifically for start-ups for the first time this year – applicants have until 16 June to register. A day earlier, the application deadline for the Swiss ICT Award expires, and here too start-ups in which IT plays an important role stand a good chance.

This week’s financing rounds have also attracted some big names. Faveeo has a former Cisco sales manager as an investor and board member, and experienced investors have also found Nezasa with Doodle founders Myke Näf and Paul Sevinç and Amazeelab founder Gregory Gerhardt joining the company.

We also mention two exits: ETH alumnus Gabor Cselle has sold his start-up to Twitter, and Alain Chuard, whose company was bought by Google some time ago, spoke at the Swiss Economic Forum on the key success factors for start-ups seeking such a result. The three winners of the Swiss Economic Award are certainly on their way to success: Joiz, On and Optotune.

Investors who want to get involved in the upcoming stars of the Swiss scene can participate at several events organised by CTI Invest over the coming days: 11 June is Swiss Venture Day in Zurich, the second Investors Forum takes place in St. Gallen on 16 June and on 24 June in Zurich an innovation roundtable will be co-hosted by IBM Global Entrepreneur.

Have a relaxing weekend.
Stefan Kyora

Manging Editor, startupticker.ch

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