12.09.2023 17:00, Rita Longobardi
During the first six months of the current year, Swiss startups managed to raise a total of CHF 1.196 billion in venture capital. This
represents a decrease of 54% compared to the same period last year, and Switzerland is thus following the global downward trend due to uncertain economic forecasts, high inflation, war, and rising interest rates. Nevertheless, the TOP 100 startups are still among those managing to attract new growth capital from investors, thanks to their quality. During the first half of the year, they received approximately 80% of the invested capital.
The 10 largest financing rounds of 2023
79 company takeovers and 9 IPOs since 2011
Swiss innovative startups continue to be popular acquisition targets for large international corporations. Prominent names such as Apple, Boehringer Ingelheim, Intel, Johnson & Johnson, Pfizer, Qualcomm, and Sony are among the buyers of the TOP 100 startups. Out of the 554 TOP 100 startups awarded since 2011, 79 have been acquired. In the first half of 2023 alone, five startups were acquired:
Acquisitions of TOP 100 Startups in 2023
Diego Gabriel Dupouy, Déborah Heintze, and Ata Tuna Ciftlik from Lunaphore Technologies at TOP 100 2023
TOP 100 IPOs since 2011
- Biocartis, EUR 100 Million in 2015
- CRISPR, USD 56 Million in 2016
- ObsEva, ESD 90 Million in 2017
- Astrocast, CHF 45 Million in 2021
- On, USD 746 Million 2021
- ONWARD Medical, CHF 93 Million in 2021
- SOPHiA GENETICS, USD 234 Million in 2021
- Energy Vault, Ticino SPAC in 2021
- Oculis, SPAC in 2023
IPO Academy
In May, the second edition of the
Sparks IPO Academy was concluded with a two-day event. Fast-growing scaleups and established SMEs seeking capital participated in the Sparks IPO Academy, a 6-month training program by SIX Swiss Exchange, developed in collaboration with leading capital market specialists in Switzerland. Several TOP 100 startups learned about topics such as corporate governance and what to consider when preparing for an IPO. The next IPO Academy will start in November.
Apply here.