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3/21/2023

Alithea Genomics receives 500,000 Francs to boost RNA sequencing

Alithea Genomics, an EPFL spin-off, is active in high-throughput RNA sequencing, used to examine gene expression and discover new biomarkers and drugs. The Foundation for Technological Innovation (FIT) has chosen to support Alithea with a Tech Growth loan of CHF 500,000 to bring two new products to the market.

3/21/2023

Astrocast participates in EU funded XGain initiative and enables Croatian aquaculture project

Vaud-based scale-up Astrocast, a leading global Satellite IoT network operator, will be participating in the European Union (EU) funded XGain initiative. Its Satellite IoT (SatIoT) technology and network will be deployed within an aquaculture project in Dalatia, Croatia to monitor water quality within remote oyster farms.

3/14/2023

Aequaland and Stacksync receive a combined CHF 70’000 from the FIT Digital programme

The Foundation for Technological Innovation (FIT) has chosen to support the two start-ups with a 50’000 CHF Digital Seed loan for Aequaland and a 20’000 CHF Digital Grant for Stacksync. Aequaland built a gamified educational platform for kids ages 4-9 and Stacksync offers real-time syncing between data warehouses and CRM systems.

3/6/2023

Resilient and Heima receive FIT Tech Seed loans of CHF 100’000

Resilient is developing a technology that predicts and prevents employee burnout, mainly in multinational companies. The Heima project, by Cielo Azzuro SA, designs tiny-houses that aim to be more sustainable and modular than current housing. Both start-ups received a Tech Seed loan of CHF 100,000 from the Foundation for Technological Innovation (FIT), which will allow Resilient to develop its application in depth in the framework of an InnoSuisse project and Heima to develop its product and market it.

2/10/2023

FIT Impact - a new programme to support low-tech and sustainable projects

The FIT announces today the launch of FIT Impact, a programme for young projects active in impact entrepreneurship. Deployed in collaboration with the Vaud universities and Hautes Ecoles, this programme will provide grants of between CHF 10,000 and 20,000 to low-tech and sustainable projects with a strong social and environmental impact.

2/7/2023

Podcast : Govinda Upadhyay, founder of SmartHelio

GENILEM has interviewed Govinda Upadhyay, the founder of SmartHelio and one of the twelve participants of the LeadiNNg to Scale Up 2023 program. SmartHelio has recently joined the prestigious startup accelerator Y-Combinator.

2/1/2023

Nu Glass and Consulto.ch get support from FIT

Nu Glass offers a solution to improve indoor wireless connectivity by making windows of trains and buildings transparent to mobile phone frequencies. Consulto.ch is a platform aiming to bring holistic and personalised care to patients with complex health conditions. Both are spun out of EPFL and have received support from the Foundation for Technological Innovation (FIT): a Tech Seed loan for Nu Glass and a FIT-Innogrant for Consulto.ch.

1/26/2023

Startups in Vaud raised CHF 548.6 million in 2022, with more exits than ever before

Swiss startups pulled in CHF 4 billion in venture capital from investors in 2022, up from CHF 3 billion in 2021. Over the same period, young tech firms based in Vaud raised CHF 548.6 million. The growth trend observed in previous years continued despite challenging conditions worldwide. In 2022, more startups in Vaud completed exits than ever before, with 13 young tech firms taken over by private companies.

1/19/2023

ClearSpace raises €26 million to cleanup space

ClearSpace, the Swiss–based leader of in–orbit servicing and active space debris removal, is delighted to announce that it has finalised a EUR 26.7 million series A financing round, to further accelerate the movement toward the sustainable use of space. ClearSpace is ramping up operations ahead of the world’s first space debris removal mission, ClearSpace-1, scheduled to launch in 2026.