Tuesday, March 28, 2023

1.2 billion were invested in young companies

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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.

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