This is the beginning of an entrepreneurial journey between Switzerland and the US market. The founders of seven of the most innovative Swiss startups have been accepted into Innosuisse’s internationalization camps run by Swissnex in Boston and New York.
The one-year program will kickstart on May 2 with a two-week bootcamp designed to prepare the startups for their experience in the US before they even set foot in Boston or New York. The two-week bootcamp is only the beginning of the journey for these startups, as they will also receive one-on-one coaching sessions and startup support to help them reach their individual milestones.
“An online bootcamp is a great preparation for on-the-ground presence and the bespoke services Swissnex offers startups in person — many of which stay up to three months in our offices,” says Oliver Haugen, Head of Swissnex’s New York office. The bootcamp also ensures startups hit the ground running once they are ready to make the jump across the Atlantic.
Sector-wise, the spring 2022 cohort is particularly diverse — which mirrors the evolution of the Swiss startup ecosystem. The three New York-bound startups are in fintech, foodtech, and software as a service. The four companies headed for Boston are from the medtech, biotech, and composite materials’ sectors. Isochronic, a robotics startup from the 2021 cohort will also be joining the bootcamp.
The new additions to the 2022 startup bootcamp are as follows:
- Risklick: Biotech company founded in 2019 with the aim to assist pharma and MedTech companies to maximize the likelihood of clinical trials success by predictive algorithms.
- Comphya: Spin-off of EPFL, this startup is developing a neurostimulator to treat erectile dysfunction. The company, which was founded in June 2017, is headquartered in Lausanne and recently incorporated a subsidiary in Boston.
- 9T Labs: ETH Zurich spin-off, founded in 2018 and headquartered in Zurich. The company sets out to completely change how high performance parts are manufactured by introducing the integration of 3D printing technology using carbon fiber composite materials.
- RetinAI: RetinAI is a Bern-based startup founded in 2017 that develops solutions in ophthalmology to organize and generate insights and knowledge extracted from data.
- Tradeplus24: This fintech company uses digitization, financial structuring, and insurance engineering to help solve the SME lending gap.
- Foodetective: Founded in Geneva in 2018, this foodtech startup is the global tech infrastructure (APIs) of the restaurant and retail industry.
- Adresta: Zurich-based digital twin startup for the luxury watch industry that originated from Helvetia Insurance Group and ETH Zurich. They are an official ETH spin-off startup and are headquartered in the Technopark in Zurich.
- Isochronic: Developing the “next generation of industrial robots for pick & place applications.” The unique robot kinematic developed by Isochronic enables vastly increased production throughput and longer transport distances while saving valuable production floorspace.