Twelve startups compete for the MassChallenge Switzerland award prize

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10.10.2022
Masschallenge Award Ceremony

During the past three months, the MassChallenge Switzerland team and experts supported 107 startups in refining their business and pitching skills– only 12 will now proceed to the finale. Four finalists in the categories General Manufacturing, FoodTech and Heath tech hail from Switzerland.

The MassChalenge Switzerland acceleration program will close the 2022 edition on 27 October after awarding the most outstanding company in the cohort. From 1112 submitted applications, the jury comprising 508 members selected 107 startups to join the 3-month program guided by 315 experts. After thorough evaluations of the startups, an independent jury has narrowed the list to 12 most outstanfing contestants that will showcase their solutions to the audience at the ward ceremony as they compete for cash and in-kind prizes. Around 20 startups from this year’s cohort will also receive in-kind prizes.

The finalists in their respective categories are:

General Manufacturing

Composite Recycling | Switzerland – developed a technology that allows recycling Glass Fibre Reinforced Plastics in boat hulls or wind turbine blades into reusable glass fibres and pyrolysis oil, which can be sold and sold used to make new composites and plastics. Its proprietary mobile recycling units are energy positive, using the reaction to self-power, which enables the company to sell the reclaimed materials at market value for a profit.

Lignovations | Austria – developed a patented process to manufacture functional ingredients for cosmetics, coatings, packaging and more from upcycled biomass.

FoodTech

Cultivated Biosciences | Switzerland – is developing an ingredient from GMO-free yeast, which offers the creaminess needed for plant-based dairy to appeal to flexitarian consumers. Its ingredient has the same texture and color as dairy products, low lipid oxidation and natural emulsification properties.

Gaia Technologies GmbH | Switzerland – invented an innovative method to upcycle agricultural sidestreams into bio-compounds and added-value ingredients. Through its novel approach, Gaia tackles the ever-increasing trend to substitute synthetic compounds with natural alternatives in the cosmetics, food and feed sector.

Inulox Ltd | UK – is developing an active food ingredient that converts 30% sugar from foods into vegetable fibre after consumption.

Jasberry | Thailand – offers Jasberry rice, a non-GMO, certified organic, and the world’s first superfood rice with seven times more antioxidants than kale and four times more than quinoa.

Manna Insect | Finland – developed a smart, climate-controlled shipping container to upcycle bio waste into animal feed using black soldier fly larvae.

NoPalm Ingredients | Netherlands – is producing a high-quality local, circular and sustainable alternative to palm oil.

Climate tech

LAM’ON | Bulgaria – produces bio-based and suitable for compost laminating film LAM’ON and packaging foils PACK’ON made from corn.

Healthcare & Life Sciences

SensArs Neuroprosthetics Sàrl | Switzerland – treats chronic neuropathic pain and reduces movement disability due to sensory loss by highly selective peripheral nerve stimulation.

Opharmic Technology (HK) Limited | Hong Kong – aims to replace horrifying eye injections worldwide with a patented non-invasive ultrasound system.

High Tech

uHoo | Singapore - uHoo develops smart and advanced indoor environmental monitoring and risk management hardware and software technologies to help offices and buildings create a healthier and safer workplace, decarbonize and be more sustainable.

Read more about all 2022 participants and register for the Awards ceremony.

(Press releas/RAN)

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