3.038 new jobs: Startup funding pays off

28.01.2015

In 2007, venture kick was launched with the aim of turning promising research projects into successful companies. And the success stories speak for themselves: InSphero counts the 15 largest pharmaceutical and biotech companies in the world as customers, Climeworks completed an exclusive partnership with Audi in 2014 and Composyt Light Labs was recently acquired by Intel.

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venture kick report 2014: A new design, great numbers and exciting startup stories
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One of the youngest VENTURE KICK winner, Selfnation, expand to Germany beginning of 2015.
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The EPF Lausanne spin-off Lunaphore is one of the best 5 startups of Western Switzerland
Since 2007, 350 project teams have benefited from the overall support of CHF 13.76 Million. The program has contributed to the creation of 3.038 new jobs for highly qualified people and to a financing volume of CHF 602 Million. 58 of the actual «TOP 100 Swiss Startups» started with VENTURE KICK. Eight are even in the top 10: InSphero, L.E.S.S., Abionic, HouseTrip, QualySense, Bcomp, Climeworks and Dacuda.

Since the launch of venture kick, applications have tripled. In order to meet the growing demand of highly-innovative projects, venture kick is constantly looking for philanthropists and foundations willing to support startup projects at Swiss universities. With André Hoffmann and Hansjörg Wyss, the private consortium of venture kick found two experienced and successful entrepreneurs as new supporters in 2014. Thanks to their financial support, more scientific and innovative projects will be brought to the market in the coming years.

2014: many venture kick startups hit the news
The next generation of Smart Glasses sparked the interest of Intel. They bought the spin-off from the EPF Lausanne, Composyt Light Labs, late 2014. Composyt was also part of the venture leaders USA team in 2014 and benefited from a 10 days intense commercial development journey in the US with the Swiss national startup team.   

The fast-growing ETH spin-off InSphero, which counts the 15 largest pharmaceutical and biotech companies in the world as customers, not only won the TOP 100 Swiss Startup Award. It also gained the prestigious European Founders Award ACES. Deserved, as their three-dimensional micro-tissues have the potential to revolutionize the development of new drugs, in particular to fight cancer. 

Zurich based startup Climeworks has developed a technology that filters carbon dioxide out of ambient air. The car maker Audi recognized the potential of the ETH spin-off's technology and announced an exclusive cooperation with Climeworks in 2014.

And L.E.S.S. managed its entry into a billion-dollar market thanks to its energy-saving light sources. In 2014, the startup signed a partnership with the Japanese electronics giant Hitachi. And the opportunities for growth are not lacking: In 2014, the EPFL spin-off traveled to Beijing and Shanghai with the first edition of the venture leaders China program.
      
More highlights and detailed statistics about venture kick and the supported startups can be found in the latest annual report 2014.

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