Lucerne/Lausanne – In relation to its population, no other country has more young companies active in sustainability than Switzerland. This is shown by the fifth edition of the Swiss Startup Radar by startupticker.ch and the University of Lausanne.
Since 2022, Switzerland has had the highest per capita density of startups from the sustainability sector. In the previous two years, their share among all technology- and science-based startups rose from 4 percent to nearly 10 percent. In parallel, the total volume of venture capital investments in this area rose from CHF 200 million to CHF 600 million over the same period. These are results of the Swiss Startup Radar 2022/2023. It is available in three languages and is published by the online news portal startupticker.ch and the University of Lausanne.
This fifth edition of the Swiss Startup Radar focuses on sustainable startups. In addition to national sources, the authors also evaluated international databases such as Pitchbook and Crunchbase, according to a media release. Overall, the analysis is based on data from around 5,000 domestic and more than 250,000 foreign startups.
According to the data, two sectors in Switzerland stand out particularly in terms of sustainability: mechanical engineering and the food industry. Both had “mature innovation ecosystems.” This strength is represented by meat substitutes and artificial intelligence-based platforms for resource-conserving agriculture, as well as natural fiber-based composites for more ecological mobility. mm