SGE Invest News en Geneva Med-IT start-up Agora Care raises CHF 1.8 million The first company to develop a patient-centered platform for medical image storage and communication, Agora Care has raised CHF 1.8 million to extend its clinical deployment in Switzerland. 106345 Stadler supplying 19 FLIRT to Germany Stadler in the canton of Thurgau has signed a supply contract for 19 FLIRT trains with DB Regio from Germany. The electric multiple units are entering service on the MoselLux network. They are scheduled to start carrying passengers at the end of 2024. 106346 Nnaisense launches platform for evolutionary algorithms The artificial intelligence startup Nnaisense has launched EvoTorch. In a pioneering project with Audi, the open-source platform for evolutionary algorithms showed how easily it can be incorporated into existing workflows. This pilot also highlighted the time that could be saved in achieving operational goals for industry. 106351 WattAnyWhere raises CHF 1.3 million to convert ethanol into clean electricity WattAnyWhere has raised CHF 1.3 million in a pre-seed round, enabling the cleantech start-up to develop a mobile generator that converts renewable ethanol into clean electricity. 106329 Hydrogel facilitates vaccine transportation without the need for cold chains A hydrogel has been developed at the Swiss Federal Institute of Technology in Zurich that vastly improves the shelf life of vaccines even without refrigeration. This could help to remove logistical and financial hurdles for transportation. Moreover, the hydrogel could ensure that fewer vaccines are thrown away on account of their limited lifespan. 106335 xFarm Technologies secures investment of 17 million euros xFarm Technologies has raised a total of 17 million euros after successfully closing a financing round. The start-up from the Greater Zurich Area impressed investors with its digital platform that aims to support the digitalization of the agriculture sector. This is now set to be enhanced and launched in additional countries. 106325 Andermatt Swiss Alps and Vail Resorts invest in Prime Alpine Destination Vail Resorts has completed its acquisition of a majority stake in Andermatt-Sedrun Sport AG. The two partners Andermatt Swiss Alps and Vail Resort now intend to accelerate the development of a Prime Alpine Destination. A triple-digit million sum is being invested in this project. 106319 HSG spin-off takes root in the USA CollectID from the canton of St.Gallen has developed a blockchain-based technology for registering individual pieces to improve detection of fake products. The spin-off from the University of St.Gallen (HSG) has already secured international customers. Now, CollectID has set its sights on the USA. 106321 Sika and PERI investing in Zurich construction robot The two construction specialists Sika and PERI are investing in the startup MESH from the Greater Zurich Area. It has developed the world’s first robot-assisted technology for the production of complex reinforced concrete structures without formwork. 106305 SIX opens Swiss part of China-Switzerland Stock Connect The China-Switzerland Stock Connect provides the opportunity for cross-listing shares to partner exchanges. The Swiss part of the investment channel created by the SIX and the Shanghai and Shenzhen stock exchanges was launched on July 28th. 106295 Bauwerk Parkett achieves FloorScore certification Floor manufacturer Bauwerk Parkett from the canton of St.Gallen has achieved FloorScore certification for its low emissions flooring. Bauwerk’s range includes more than 350 products. 106296 US medical association to open regional office at UZH Zurich/Washington D.C. - The Faculty of Medicine at the University of Zurich is to take over the hosting and leadership of the European regional office of the Alliance of Academic Health Centers International (AAHCI). The Dean of the Faculty of Medicine and an Italian colleague have both been named as ambassadors. 106289 Nanoflex develops catheter to treat stroke patients more rapidly The start-up Nanoflex has developed an innovative catheter for operating on patients that have suffered a stroke. Surgeons can remotely steer the catheter via a computer, making it faster and easier to remove blood clots in the brain. 106290 SoftwareONE wins Microsoft award SoftwareONE has been named Microsoft Partner of the Year 2022 for three international markets. The IT company from Nidwalden has received the award for its activities in Malaysia, Indonesia, and the Dominican Republic. 106270 Texan FemTec Health acquires Ava FemTec Health, a Texan health and beauty company, has acquired Ava AG in the Greater Zurich Area. Worn during sleep, the Ava bracelet collects data to determine a woman’s most fertile days. It was approved by the U.S. Food and Drug Administration at the start of 2021. 106283 What’s fueling Basel Area’s Advanced Manufacturing ecosystem A growing movement that’s establishing a new order in Advanced Manufacturing is sweeping across Europe and the rest of the industrial world. One of the key player of that change is the Basel Area which has become a thriving ecosystem for life sciences and manufacturing companies who are utilizing new digital technologies and processes. 106265 Datwyler expands Schattdorf site Datwyler has launched new central Technology & Innovation Labs in the Greater Zurich Area. The industrial supplier intends to optimize the enhanced surface treatments of existing products and develop new technologies. Customers will also benefit from improved speed-to-market for their products. 106271 CELESTA, the first CERN-driven satellite, was successfully launched With the launch of the CELESTA satellite for radiation monitoring in space, CERN further demonstrates its expertise in the field of radiation effects on electronics. 106260 VAT providing valves for research in Michigan VAT Vakuumventile AG from Sennwald in the canton of St.Gallen is equipping the ion accelerator at Michigan State University with valves. The project is focused on the hunt for rare isotopes for research applications ranging from nuclear physics to biology and medicine. 106255 A CHF 100 million renewable fuel plant in the canton of Valais Helvoil will build a new plant for the production of HVO fuel in Monthey. More efficient than biodiesel, this fuel is made by recycling used food oils. 106251 Forty51 closes first fund totaling 43 million US dollars A new Basel-based venture fund, Forty51 Ventures I, has raised a total of 43 million US dollars following a first fund closing. Forty51 invests in European biotech firms with clear clinical pathways. The first investment took the form of early stage financing for Mosanna Therapeutics from Basel. 106256 FCE and BioCarbon Registry join forces for climate protection The FCE Group, based in Root in the canton of Lucerne, is working with the Colombian firm BioCarbon Registry. Together, the partners will aim to provide direct and cost-effective access to the global carbon market for smallholders, forest owners and other small green companies. 106253 Enerdrape wins the 25th >>venture>> edition and gets FIT boost After winning the PERL prize and the Grand Prize at the 25th >>venture>> edition, Vaud-based start-up Enerdrape was granted a FIT loan. 106243 Voliro drones to inspect power plants in the USA Constellation Clearsight, the North American energy inspection specialists, will in future make use of the airborne robots developed by Voliro for critical infrastructure inspection and maintenance activities. The two companies have now agreed terms on a long-term partnership. 106244 DeNexus comes to the Greater Zurich Area DeNexus from California plans to expand in Europe out of Lugano. The cyber risk model provider for industrial companies, global insurers, and insurance-linked securities investors plans to create a new cyber knowledge hub there. 106234