The Swiss Deep Tech Report 2025

• Swiss deep-tech start-ups now exceed USD 100 billion in combined enterprise value, and 60 percent of all domestic VC since 2019 has flowed into deep tech

 
• Switzerland ranks first in Europe and third worldwide for venture-capital funding per capita in deep tech

 
• Capital raised rose from USD 1.4 billion in 2023 to 1.9 billion in 2024 and is projected to reach 2.3 billion in 2025, with around 200 super-early companies already in the pipeline

• ETH Zurich and EPFL are among Europe’s top four universities for spin-outs, attracting a dense cluster of Big Tech labs from Google, Microsoft, Meta, Nvidia, AWS and others to Zurich and Lausanne  

• Successes span AI, robotics, climate tech, medtech, biotech, semiconductors and quantum; unicorns such as Climeworks, Crispr Therapeutics, Proton, Sonar, Scandit and ANYbotics show depth, while corporates increasingly act as design partners to new spin-offs