Successful year for ETH Zurich: In 2022, the spin-offs were able to raise CHF 1.2 billion.
In 2022, 26 spin-off companies were founded at ETH Zurich. The majority of companies are in the IT sector, as the ETH writes in a press release.
The spin-off «Transcality» creates digital models of traffic systems. This means that traffic flows in cities can be analyzed in the future. Some companies have also been founded in the medical sector. Three companies are working on cancer drugs, two other companies are developing apps to reduce stress.
Four spin-offs were created in the ETH student workshop, the Student Project House. Among others, the company “Bottleplus”, which has developed a sustainable drinking bottle that can produce carbon dioxide on the go.
And investors continue to churn money into ETH spin-offs: around 1.2 billion Swiss francs were raised – more than ever before. Three ETH young companies also achieved “unicorn” status. This means that their market value exceeded one billion dollars even before the IPO.