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MindMazehas developed user interfaces, including a lightweight, wearable Head Mounted Display (HMD) and 3D motion capture cameras that offer VR, gesture, and multiple object or user recognition and augmented reality capabilities.
Energy Vault has created the world’s only cost-effective, utility-scale gravity-based energy storage system that is not dependent on land topography or specific geology underground.Energy Vault’s ready-to-deploy solution combined with low cost solar or wind renewable generation is lower than the most economical existing, fully-amortized fossil fuel-based power plants (i.e.
Avamakes it easy to gain a profound and accurate understanding of your cycle and health—empowering you to make informed choices for your life.Its initial product consists of a sophisticated sensor bracelet, an app and a powerful backend with self-learning algorithms for interpretation of hormonal changes, accurate ovulation tracking and screening of women's health issues.
big data analytics platform that offers the most advanced insights on human mobility based on cutting edge data science, proprietary machine learning algorithms and deep technology, capturing billions of signals every day from cell towers and other unique sources.
By allowing drones to be used safely inside cities, inside buildings, and in contact with people, it enables new interactions and services with UAVs and solving the two most critical issues of one of the fastest growing industries: collision and injury risks.
Scandit develops software for barcode scanning, text and objects recognition, and delivering real-time insights through augmented reality.The company offers cloud-based enterprise mobility and data capture platform for smart devices built on proprietary computer vision, machine learning and augmented reality.
blockchain-powered IoT network for food and pharmaceutical enterprises, enabling secure and frictionless dialogue between sensors, distributed ledgers and databases to optimise supply chain visibility and quality assurance.
Bestmileempowers mobility providers to deploy, manage and optimize autonomous and conventional driven vehicle fleets.Its cloud platform enables the intelligent operation and optimization of autonomous mobility services, managing fixed-route and on-demand services regardless of the vehicle brand or type.
Year Founded: 2014 HQ:Lausanne, Vaud Specialities:Health Care, Health Diagnostics, Medical Device, MedTech Lunaphore’s unique solution meets today’s needs, where medicine is becoming more personalized and whole panels of biomarkers play an increasing role.The company has raised a total of $17.4M in funding, backed by Eurostars, Venture Kick, OCCIDENT, Zürcher Kantonal Bank, & Redalpine among others.
world-leading artificial intelligence, neuroscience, and pharmaceutical company with a focus on translating exponentially growing neuroscience data into a new generation of deep neural networks (Deep Learning 2.0) whose learning performance and learning efficiency match those of animal brains.
Demiurge Technologiesdevelops the next generation of neural networks and mobile robots from a rebuilt foundation of mathematics, neuroscience and medicine, to realize one-shot learning and self-supervised learning for ultra-safe fully autonomous cars on earth and low-cost exploratory robots in space.
Year Founded: 2014 HQ:Lausanne, Vaud Specialities:Nanotechnology, Semiconductor, Sensors, Wearable Technology, Health Tech, Wellness Xsensio's next-generation Lab-on-Skin wearable devices uniquely exploit biochemical information at the surface of our skin, providing unprecedented real-time information about our health and wellness, in a simple, non-invasive way.
Year Founded: 2016 HQ: Zurich Specialities:Aerospace, Air Transportation, Autonomous Vehicles, AI, ML, Computer Vision, Robotics Daedalean works with major eVTOL companies and leading aerospace manufacturers to specify, build, test and certify a fully autonomous sensor and autopilot system that can reliably and completely replace the human pilot.The company raised a total of CHF 11.8M (nearly $12M) in funding, backed by Carthona Capital, EASME - EU Executive Agency for SMEs, Redalpine, Amino Capital, & SICTIC.
DEPsysprovides evolutive solutions enabling traditional low-voltage electricity networks to cope with the new constraints of decentralized production from renewable energy sources, such as photovoltaic systems and wind turbines, as well as emerging storage technologies.
Year Founded: 2011 HQ:Yverdon-les-bains, Vaud Specialities:Agriculture, Farming, AgTech, Robotics, AI, Autonomous Machine, Manufacturing, Sensors ecoRobotix is the first ever completely autonomous machine for a more ecological and economical weeding of row crops, meadows and intercropping cultures.The company has raised a total of CHF13.6M in funding, backed by investors including Capagro, BASF Venture Capital, 4FO Ventures, & Business Angels Switzerland (BAS).
customer-centric financial services company that enables its customers to manage their existing bank accounts and personal finances and to buy any financial product from every provider at the best possible price.
Numbrshas partnerships with three German banks, Postbank, Norisbank, and SWK Bank, that allows the app to work with accounts from those banks so that users could compare the terms of various banking-related offers and apply for an account, a loan or a credit card directly via the app.
Year Founded: 2012 HQ: Zurich Specialities:FinTech, Banking, Financial Services, Financial Planning, Mobile Apps, Cloud Technology Numbrs has 1.5 million bank accounts that are currently managed through the app in Germany and it is the #1 bank-independent banking app on iOS and Android.The company has raised a total of $165M in funding, backed by Saidler & Co., OCCIDENT, SevenVentures, & Centralway Ventures and others.
QualySense is a Swiss company that develops high-end solutions for a safe and sustainable food supply by pioneering high-speed single kernel technologies.It develops a high-speed multi-tons per hour sorting device, which will change how grains, beans and seeds are processed and valued worldwide by assessing the biochemical quality of grains one by one.
Year Founded: 2015 HQ:Basel, Basel-Stadt Specialities:BioTech, Genetics, Health Care, Therapeutics Nouscom’s proprietary technology platform, Exovax, harnesses the full power of immune response by combining viral vectored genetic vaccines based on neoantigens with other immunomodulators.Nouscom has raised a total of €54M ($59.93M) in funding, backed by 5AM, Abingworth, LSP (Life Sciences Partners) and Versant Ventures.
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Swiggy is an online food search and food delivery startup platform.
Flipkart, which is a successful Indian startup took six years to become Unicorn and on the other hand Swiggy became Unicorn in less than four years.
Sriharsha Majety and Nandan Reddy found Swiggy after bitter failure in Bundl Technologies, a logistics aggregator for e-commerce companies (shut down in June-2014 as the traction was low in that sector).
As a result, they decided to focus on the hyperlocal food delivery business to provide the favorite food from nearby locations at home and with this thought got an idea to start the startup ‘Swiggy’.
Thus, Zomato, the leader in food-tech, had decided not to expand its delivery business, which was seemingly messy and non-viable during that period.
After getting good response, Swiggy rose funds in 2 rounds during the year to spruce-up technology, infrastructure,consolidate its footing in restaurant delivery and expand rapidly across the country.
In December 2017, Swiggy acquired gourmet food startup ‘48East’ and brought on board the management of 48East as part of its strategy to broaden its senior leadership.48East founders Joseph Cherian and Nabhojit Ghosh joined Swiggy to build the new supply business with Cherian as Chief Operating Officer (COO) for Swiggy Access – the delivery-only service in partnership with restaurants in new localities.
In November 2017, Swiggy had launched Swiggy Access, a programme which allows its restaurant partners to set up kitchen spaces in neighborhoods where they didn’t operate.
After the expansion, the company achieved total presence in 44 cities of India and over 40000 restaurants partners.
Swiggyplanned to strengthen Scootsy’s curated restaurant network and help the brand expand to newer cities usingSwiggy’s operational strength.
Acqui-hiring refers to buying out a company or an entity primarily for the skills and expertise of its staff, rather than for its products or services.
According to industry estimates, Swiggy clocks 900,000-1 million daily orders, and burns close to $40 million amounts of cash every month.
There is a Swiggy subscription scheme ‘Swiggy Super’ in which no delivery charges are charged on order above Rs.99 and no surge fees (Surge fees is the extra money charged during high demand or rain) is charged.
105 crore) led by new investor ‘Norwest Venture Partners’, with participation from existing investors ‘SAIF Partners’ and ‘Accel Partners’ and a global undisclosed entity.
Swiggy raised $80 million in series E round led by South Africa global internet and entertainment group ‘Naspers’, along with participation from existing investors ‘Accel Partners’, ‘SAIF Partners’, ‘Bessemer Venture Partners’, ‘Harmony Partners’ and ‘Norwest Venture Partners’.
The company planned to make significant investments in technology, including automation, data sciences, machine learning and personalization.
Chinese internet firm ‘Meituan-Dianping’, which had an online platform for a range of services including food delivery and restaurant, provided funding of $100 million.
The investors valued Swiggy at roughly $1.3 billion, surpassing rival Zomato’s $1.1 billion valuation based on a February fund-raising round.
In June 2019, Swiggy was in advanced talks to raise as much as $1 billion from investors, including $300-500 million from SoftBank Group.
At starting of August 2019, Swiggyhas been in advanced stages of closing a $700-750 million round led by existing investor Naspers.
The latest round, which comes over eight months after Swiggy raised $1 billion, will value the company at around $4 billion.
Swiggy’s cash burn has been $30-$40 million per months on account of discounts being offered to new customers and to retain old onesas per industry estimates.