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1. TRACXN MONTHLY REPORT
FEBRUARY 2022
SWITZERLAND TECH

2. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
Switzerland Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 8
Top Funded Business Models - last 1 year 10
New Analyst Picks 11
IPOs 13
Acquisitions 14
Recent News 15

3. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Switzerland Tech Snapshot – February 2022
Switzerland Tech: Snapshot – February 2022
Note : "Investors" refers to "Institutional Investors" only
3
$399M
13 1
Overall Geo Stats
20
8
84
16
26
Funding Rounds $ Invested Analyst Picks
Scandit Upgraded
to UNICORN
New Investors
Axial
Humboldt
Series A+ rounds Active Investors IPOs
Xlife sciences
Acquisitions
GotCourts
Textrace
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Zurich
(11 Rounds, $195M)
Lausanne
(4 Rounds, $114M)
Zug
(2 Rounds, $2.3M)
Ecublens
(1 Rounds, $125K)
$150M - Series D
Scandit (2009, Zurich, $273M)
$105M - Series B
MindMaze (2012, Lausanne, $224M)
$29M - Seed
Destinus (2021, Payerne, $29M)
$24.9M - Series B
Memo Therapeutics (2012, Schlieren,
$47.7M)
Verve Ventures
(4 Investments)
Wingman
(3 Investments)
ACE and Company
(2 Investments)
Y Combinator
(2 Investments)
Augmented Reality
Scandit
Image Recognition
Virtual Reality
MindMaze
Neurology
Market Size
Companies Covered 7,110
Funded Companies 1,835
Total Funding $17.1B
Funding in last 12 months $3.1B
Top Exits
IPOs 66
Acquisitions 344
Company Stage
Unicorns 5
Soonicorns 39
Minicorns 165
Editor Picks 857
Series A+ 466
Series C+ 100
Acqui-Hires 2
Deadpooled 422
Top Cities
Zurich (555 Rounds, $3.6B)
Lausanne (228 Rounds, $1.6B)
Top Investors
Venture Kick (251 Investments)
Venturelab (135 Investments)

4. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Switzerland Tech as of February 2022
Switzerland Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (February 2022)*
Scandit
(2009, Zurich, $273M)
$150M - Series D Warburg Pincus
MindMaze
(2012, Lausanne, $224M)
$105M - Series B Concord Health Partners
Destinus
(2021, Payerne, $29.0M)
$29.0M - Seed Conny Boersch
Memo Therapeutics
(2012, Schlieren, $47.7M)
$24.9M - Series B Swisscanto
Neo
(2014, , $34.2M)
$20.6M - Series A Swisscom
9T Labs
(2018, Zurich, $22.6M)
$17.0M - Series A Verve Ventures
Nested
(2022, Geneva, $7.5M)
$7.5M - Series A Alan Howard
Scrona
(2014, Zurich, $6.7M)
$6.7M - Series A AM Ventures
Pax World
(2021, Zurich, $5.8M)
$5.8M - Seed BOLD Capital Group
Certifaction
(2020, Zurich, $6.8M)
$5.7M - Series A Seedcamp
HAYA Therapeutics
(2017, Lausanne, $25.0M)
$5.0M - Seed Humboldt
*Shows only the lead Investors

5. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds (1/3)
List of Funding Rounds in Switzerland Tech in February 2022
Switzerland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$150.0M - Series D
Scandit (2009, Zurich, $273.1M)
Provider of an app-based software for scanning
barcodes, text, IDs, etc.
Warburg Pincus, GV, Schneider Electric, Kreos Capital,
Forestay, and 5 more
EARLY STAGE
$1.0M - Series A
Giotto (2019, Lausanne, $5.0M)
ML-based data analysis library solution for medical
literature review
FasterCapital
EARLY STAGE
$4.0M - Series B
Squirro (2012, Zurich, $15.5M)
Contextual intelligence and insights solution
EARLY STAGE
$4.9M - Series A
AlgoTrader (2014, Zurich, $15.9M)
Algorithmic trading platform for financial institutions
Credit Suisse, EOS, SBI Holdings, Fenbushi Capital,
Verve Ventures, and 2 more
EARLY STAGE
$5.7M - Series A
Certifaction (2020, Zurich, $6.8M)
Blockchain based platform offering e signature
software
Expa, Seedcamp, HV Capital, Wingman
EARLY STAGE
$6.7M - Series A
Scrona (2014, Zurich, $6.7M)
Provider of an electrohydrodynamic inkjet printing
technology
AM Ventures, TRUMPF, Verve Ventures
EARLY STAGE
$7.5M - Series A
Nested (2022, Geneva, $7.5M)
DeFi social trading platform based on financial NFTs
CMT Digital, Kenetic, Republic Capital, Alan Howard,
Joseph Eagan, and 5 more
EARLY STAGE
$17.0M - Series A
9T Labs (2018, Zurich, $22.6M)
Provider of diversified 3D printing equipment
Wingman, Solvay, Verve Ventures, ACE and Company,
Stratasys, and 1 more
EARLY STAGE
$20.6M - Series A
Neo (2014, , $34.2M)
Developer of a surgical instrument for spinal surgeries
Swisscom

6. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds (2/3)
List of Funding Rounds in Switzerland Tech in February 2022
Switzerland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
EARLY STAGE
$24.9M - Series B
Memo Therapeutics (2012, Schlieren, $47.7M)
Developer of antibodies for treating infectious diseases
and cancer
Swisscanto, Fresenius Medical Care, Vesalius Biocapital
Partners, Verve Ventures, Zurcher Kantonalbank, and 2
more
EARLY STAGE
$105.0M - Series B
MindMaze (2012, Lausanne, $223.5M)
Provider of VR-based solution for neuro-rehabilitation
Concord Health Partners, AlbaCore Capital Group,
Hambro Perks
EARLY STAGE
Series B
Equippo (2014, Zug)
Online marketplace for construction equipment
Wallenius Wilhelmsen, VI Partners, Btov
EARLY STAGE
Series B
Nexxiot (2015, Zurich, $74.8M)
Web & IoT-based solutions for tracking cargo
Arvato Systems
SEED STAGE
$125.0K - Seed
SmartHelio (2019, Ecublens, $672.6K)
Provider of AI-driven solutions for analytics solutions
for energy assets
Y Combinator
SEED STAGE
$540.0K - Seed
Jurata (2020, Zurich, $540.0K)
Platform offering solutions to discover lawyers online
Ralf Schlaepfer, Matthias Heller, Florian Faes, Simon
Raess
SEED STAGE
$1.1M - Seed
WeGaw (2016, Morges, $1.1M)
Real-time data provider for climate change adaptation
Banc Sabadell, Katapult, Great Stuff Ventures, Business
Angels, Seedrs
SEED STAGE
$2.0M - Seed
Ajuna (2021, Schaffhausen, $2.0M)
Blockchain-based development platform for NFT game
creators
, Signum Capital
SEED STAGE
$2.3M - Seed
Enterprise Bot (2016, Zug, $2.3M)
Provider of an AI-based conversational solution for
customer support and engagement
FiveT

7. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds (3/3)
List of Funding Rounds in Switzerland Tech in February 2022
Switzerland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
7
SEED STAGE
$2.5M - Seed
Adaptyv Biosystems (2021, Lausanne, $2.6M)
Developer of high-throughput antibody engineering
platform
Wingman, Venture Kick, , Axial, Founders, and 6 more
SEED STAGE
$3.5M - Seed
collectID (2017, Goldach, $3.5M)
Platform offering software for brands to manage sales
for brands
SeventySix Capital, Hellen's Rock Capital, SBI Sygnum
Azimut DAO Fund
SEED STAGE
$5.0M - Seed
HAYA Therapeutics (2017, Lausanne, $25.0M)
Developer of RNA-based therapies for treating heart
diseases
Humboldt, Apollo, , 4see ventures, Broadview
Ventures, and 2 more
SEED STAGE
$5.8M - Seed
Pax World (2021, Zurich, $5.8M)
Developer of virtual worlds for the metaverse
BOLD Capital Group
SEED STAGE
$29.0M - Seed
Destinus (2021, Payerne, $29.0M)
Manufacturer of hydrogen-powered aircraft
Quiet Capital, ACE and Company, Liquid 2 Ventures,
Cathexis Ventures, One Way Ventures, and 1 more
SEED STAGE
Seed
Sympheny (2017, Winterthur)
Software provider for optimal energy supply solution
Industrielle Werke Basel, Venture Kick, Rockstart
SEED STAGE
Seed
Huperty (2019, Zurich)
SaaS-driven property management software for
owners and property managers
Marcel Schneider, Peter Mettler
SEED STAGE
Angel
creable (2020, Zurich)
Platform providing media kit to creators
ScoutFund, On Deck, Sigma Squared, LaunchHouse,
Savan Kotecha, and 1 more

8. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Switzerland Tech in February 2022
Switzerland Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
Axial
1 portfolio companies | Alternative investment platform focused on M&A deals
Adaptyv Biosystems
Developer of high-throughput antibody engineering platform
$2.50M Seed
Humboldt
11 portfolio companies | Venture capital firm focused on life sciences &
engineering companies
HAYA Therapeutics
Developer of RNA-based therapies for treating heart diseases
$5.00M Seed
fundamental-labs.com
1 portfolio companies |
Ajuna
Blockchain-based development platform for NFT game creators
$2.00M Seed
LaunchHouse
22 portfolio companies | Online platform that provides managed co-working
spaces
creable
Platform providing media kit to creators
Undisclosed Angel
Quiet Capital
52 portfolio companies | Investment firm
Destinus
Manufacturer of hydrogen-powered aircraft
$29.00M Seed
Industrielle Werke Basel
1 portfolio companies | Electricity, water, and business communication services
provider
Sympheny
Software provider for optimal energy supply solution
Undisclosed Seed
FasterCapital
113 portfolio companies | Startup accelerator & incubator focused on Consumer
Internet startups
Giotto
ML-based data analysis library solution for medical literature review
$1.00M Series A
hawktailvc.vdtrxn
1 portfolio companies | Venture capital fund focused on early-stage startups
Adaptyv Biosystems
Developer of high-throughput antibody engineering platform
$2.50M Seed
EOS
5 portfolio companies | Open-source blockchain protocol network
AlgoTrader
Algorithmic trading platform for financial institutions
$4.90M Series A
AlbaCore Capital Group
3 portfolio companies | Private debt firm focused on mid to large scale
companies
MindMaze
Provider of VR-based solution for neuro-rehabilitation
$105M Series B

9. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Switzerland Tech in February 2022
Switzerland Tech: List of New Investors
9
Investor Company Info Round Amount Round Name
Republic Capital
25 portfolio companies | Venture capital firm focused on growth-stage
investment
Nested
DeFi social trading platform based on financial NFTs
$7.50M Series A
BOLD Capital Group
2 portfolio companies | Provider of management consulting and business
management services
Pax World
Developer of virtual worlds for the metaverse
$5.80M Seed
Sigma Squared
1 portfolio companies | Foundation focused on industry empowerment
creable
Platform providing media kit to creators
Undisclosed Angel
S2S Ventures
1 portfolio companies | Venture capital firm investing in university linked
startups
Adaptyv Biosystems
Developer of high-throughput antibody engineering platform
$2.50M Seed
Katapult
16 portfolio companies | Investment consulting firm
WeGaw
Real-time data provider for climate change adaptation
$1.10M Seed
Wallenius Wilhelmsen
2 portfolio companies | Offers marine based shipping and logistic services
Equippo
Online marketplace for construction equipment
Undisclosed Series B
Hellen's Rock Capital
1 portfolio companies | Venture capital fund focused on healthcare, fintech,
blockchain, and multiple sectors
collectID
Platform offering software for brands to manage sales for brands
$3.47M Seed
Hambro Perks
52 portfolio companies | Venture capital firm investing in multiple sectors
MindMaze
Provider of VR-based solution for neuro-rehabilitation
$105M Series B
Schneider Electric
32 portfolio companies | Platform offering data center infrastructure
management solution
Scandit
Provider of an app-based software for scanning barcodes, text, IDs, etc.
$150M Series D
Liquid 2 Ventures
180 portfolio companies | Venture capital fund focused on seed-stage
technology startups
Destinus
Manufacturer of hydrogen-powered aircraft
$29.00M Seed

10. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
10
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲21 Cryptocurrency Banking $240M 2 Sygnum | $120M | Series B
2 ▲5 AR Product Visualization $150M 1 Scandit | $150M | Series D
3 ▲16
Immunotherapy > Small Molecule > Innate Immune
System
$138M 3 Bright Peak T.. | $107M | Series B
4 ▼-3 Drugs for Multiple Cancer Types $128M 6 Bright Peak T.. | $107M | Series B
5 ▲37 Pan-Cancer Drugs $119M 1 Anaveon | $119M | Series B
6 -- Insulin Delivery Patches $115M 1 CeQur | $115M | Series C
7 -- Drug Delivery Patches $115M 1 CeQur | $115M | Series C
8 -- OT Security $114M 2 Nozomi Networks | $100M | Series D
9 -- VR for Patient Treatment $105M 1 MindMaze | $105M | Series B
10
--
Healthcare IT > Value Based Care > Patient Engagement >
Digital Therapeutics > Physiotheraphy > Analytics &
Decision Support > Motion Tracking >
Neurorehabilitation
$105M 1 MindMaze | $105M | Series B

11. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Switzerland Tech in February 2022
Switzerland Tech: Analyst Picks
11
Upgraded to UNICORN
Scandit (2009, Zurich, $5.5M, Angel)
Provider of an app-based software for scanning
barcodes, text, IDs, etc.
Warburg Pincus, Atomico, Forestay and 12 other
Investors
Upgraded to MINICORN
Scrona (2014, Zurich, $6.7M, Series A)
Provider of an electrohydrodynamic inkjet printing
technology
AM Ventures, TRUMPF, Verve Ventures and 2 other
Investors
Upgraded to MINICORN
Nested (2022, Geneva, $7.5M, Series A)
DeFi social trading platform based on financial NFTs
Alan Howard, Joseph Eagan, Lily Liu and 7 other
Investors
Added to Editor's Pick
Room Price Genie (2017, Zug, $2.2M, Series A)
Web-based platform offering revenue management
solutions for hotels
Wingman, Mutschler Ventures, RKKVC and 2 other
Investors
Added to Editor's Pick
smino (2016, Rapperswil, $3.3M, Series A)
Cloud-based project management software for
construction professionals
BitStone Capital, EquityPitcher, Swiss Immo Lab and 6
other Investors
Added to Editor's Pick
IDUN Technologies (2017, Opfikon, $2.2M, Seed)
Provider of a BCI platform for sleep health and assisted
hearing
Mica, Joyance Partners, Privilege Ventures and 3 other
Investors
Added to Editor's Pick
WeGaw (2016, Morges, $1.1M, Seed)
Real-time data provider for climate change adaptation
Banc Sabadell, Katapult, Great Stuff Ventures and 6
other Investors

12. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Switzerland Tech in February 2022
Switzerland Tech: Analyst Picks
12
Added to Editor's Pick
Certifaction (2020, Zurich, $1.2M, Seed)
Blockchain based platform offering e signature
software
Seedcamp, HV Capital, Wingman and 2 other Investors
Added to Editor's Pick
Fabby (2012, Zurich, $2.0M, Seed)
Video & photo editor
Haxusand
Added to Editor's Pick
collectID (2017, Goldach, $3.5M, Seed)
Platform offering software for brands to manage sales
for brands
SeventySix Capital, Hellen's Rock Capital, SBI Sygnum
Azimut DAO Fund and 6 other Investors
Added to Editor's Pick
Wyzo (2021, Ecublens, Unfunded)
Manufacturer of a pick and place delta robot
Added to Editor's Pick
CoinxPad (2021, Zurich, Unfunded)
Blockchain-based platform for raising funds
Added to Editor's Pick
EEat (2019, Nyon, Unfunded)
Provider of HACCP management software for
restaurants
Added to Editor's Pick
Rolling Square (2002, Chiasso, Unfunded)
Internet first brand offering multi-category charging
accessories
Added to Editor's Pick
Spherene (2018, Zurich, Unfunded)
Provider of design optimization software for 3D
printing
Added to Editor's Pick
3Digital (, Unfunded)
Provider of 3D product configurator software

13. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
11 Feb 2022
Xlife sciences (2013, Zurich, $62.8M)
Developer of drugs for multiple diseases
$0.3B SIX:XLS
IPOs
List of IPOs in Switzerland Tech in February 2022
Switzerland Tech: IPOs
13

14. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Acquisitions
List of Acquisitions in Switzerland Tech in February 2022
Switzerland Tech: Acquisitions
14
Acq. Date Company Acquirer Deal Size
01 Feb 2022
GotCourts(2013, Schlieren, $1.0M)
Online tennis court booking platform
Playtomic
01 Feb 2022
Textrace(2010, Frick)
Provider of RFID-based textile tracking solutions
Avery Dennison
02 Feb 2022
BlueBotics(2001, Geneva)
Autonomous navigation technology for robots
ZAPI
04 Feb 2022
PubliBike(2014, Bern)
Bike sharing service in Switzerland
Thomas Binggeli
07 Feb 2022
SMSup(2017, Fribourg)
Cloud based platform offering SMS marketing software
F24
08 Feb 2022
Finity(2016, Lausanne)
Media Intelligence platform
Demand Science
09 Feb 2022
Viselio(2016, Bern, $3.9M)
Online platform for procuring visa
CIBT
11 Feb 2022
Paper.li(2008, Lausanne, $5.1M)
Content curation and marketing tool
Demand Science

15. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Recent News (1/2)
Recent News in Switzerland Tech in February 2022
Switzerland Tech:News
15
Exit News
.
● Nestle said near purchase of protein powder maker Orgain Seeking Alpha
.
● Utopia acquires Proper Music Group The Business Magazine
.
● ZAPI GROUP acquires BlueBotics RoboticsTomorrow
.
● Avery Dennison Acquires TexTrace, An Innovator In Integrated RFID Products
Textile Industries Media Group
.
● Ricoh acquires Axon Ivy to expands Digital Process Automation capabilities
Startupticker
.
● DemandScience Announces the Strategic Acquisition of Switzerland-based
Finity SA MarTech Series
.
● ARC Group Worldwide, Inc. Announces the Closing of the Business
Combination With RM2 International S.A. GlobeNewswire
.
● Finity gets acquired by DemandScience Venturelab
.
People News
.
● Hero MotoCorp appoints Ranjivjit Singh as Chief Growth Officer Moneycontrol
● Karen L. Ling joins Galderma’s Advisory Committee Business Wire
.
● CSafe Global Announces Appointment of New Board Member CNW
.
● Temenos Appoints President And Chief Revenue Officer To Accelerate Growth
Financial IT
.
● Former Temenos And Avaloq Managing Director Appointed To Support
Additiv’s Embedded Finance Business Financial IT
.
● Versameb appoints world leading experts in urology to Advisory Board PR
Newswire
.
Company News
.
● Roche wins FDA approval for rival to Regeneron's lucrative eye drug
BioPharmaDive
.
● Switzerland-based fintech Yokoy enters the Netherlands with Amsterdam as
its European operations hub Silicon Canals
.
● Emergency Use Authorization Request for Ensovibep Submitted to the US
Food and Drug Administration for the Tre... pipelinereview.com
.
● Genentech’s Evrysdi (risdiplam) Granted FDA Priority Review for Treatment of
Pre-Symptomatic Babies Under 2 Mo... pipelinereview.com

16. Switzerland Tech - February 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Explore more on Tracxn
Explore more about Switzerland Tech on Tracxn Platform
Switzerland Tech: Explore more on Tracxn Platform
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Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Switzerland
AI Companies in Switzerland
Fintech Companies Switzerland
Consumer Digital in Switzerland
Company Due Diligence
Detailed profile of Nexthink
Competitors of Scandit
Cap Tables of Numbrs
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
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