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Tag: Paul Scherrer Instituts

  • Another location for start-ups is being created in the greater Zurich area

    Another location for start-ups is being created in the greater Zurich area

    As a first step, Elektron AG is making around 1,100 square meters available to the Wädenswil start-up organization grow . Two fast-growing life science start-ups will move in there: Araris Biotech AG , a spin-off from the Swiss Federal Institute of Technology Zurich ( ETH ) and the Paul Scherrer Institute ( PSI ), and Nemis Technologies AG . This is already a fourth location for ambitious young companies in the local area of Wädenswil.

    The technology company Elektron will finance the conversion to laboratory and office space. “The cooperation with grow fits perfectly with our philosophy of combining modern technologies and sustainability,” Elektron CEO Enrico Baumann is quoted as saying in a statement from grow. “For us, the settlement of the two start-ups is an investment in the future and a commitment to the Wädenswil workplace.”

    Araris Biotech is researching novel anti-cancer antibody compounds. Nemis develops diagnostic solutions to detect pathogenic bacteria in food. Both have completed successful financing rounds. Araris was able to earn over 15 million francs in October 2020, Nemis only recently 7.75 million francs.

    “In the past five years, growth has accelerated significantly,” says Wädenswil Mayor Philipp Kutter. He is also a member of the board of trustees of grow. Despite the corona pandemic, there are signs of further growth, “which is extremely positive for research and business in and around Wädenswil”.

  • CondenZero wins Swiss Innovation Challenge

    CondenZero wins Swiss Innovation Challenge

    The Swiss Innovation Challenge has been decided, the three winners come from Zurich: on Thursday the main prize of CHF 20,000 was awarded to condenZero . The spin-off of the University of Zurich ( UZH ) received this award virtually when the award ceremony was broadcast from the Haus der Wirtschaft in Pratteln. According to a press release , a message from Federal Councilor Guy Parmelin was leaked.

    The physicists at condenZero develop and produce scientific sample holders that work at low temperatures of around minus 270 degrees. The innovative cooling principle was originally developed at the Swiss free-electron laser at the Paul Scherrer Institute . In the start-up phase, the team will concentrate on introducing the new technology to the cryo-electron microscopy market. The condenZero technology can hold cryogenic temperatures for up to 24 hours. With the current cryo-microscopy solutions, this is only possible for 15 minutes. CondenZero is also in the final round of the start-up CERN BIC incubator .

    Second place and the special life sciences prize of CHF 5,000 went to MyLeg . This is a “unique” device that recovers sensory information about the touch and movement of a prosthetic leg. It does this through non-invasive electrical stimulation. The device does not have to be used surgically and can be added to any existing prosthesis.

    Third place and the special construction prize were awarded to Oxara . The spin-off from the Swiss Federal Institute of Technology in Zurich converts construction waste into sustainable and affordable building materials with self-developed and patented mineral additives, thus promoting the circular economy. The company’s goal is to significantly reduce “the immense footprint” of conventional building materials.