High levels of investment
2023 was also an outstanding year when it comes to grants received by ETH spin-offs. In 2023, CHF 47 million was made available, without the existing shareholdings of current owners being diluted.
There were also a number of substantial investment rounds. For example, the spin-off GetYourGuide, an online platform for travel activities, completed a new financing round of more than CHF 70 million. The spin-off ANYbotics, which offers autonomous robots for inspections, received CHF 50 million. The two drone technology companies Verity and Wingtra also benefited from new funding: Verity raised CHF 40 million for its self-flying inventory drones, while Wingtra received CHF 20 million for its drones, which are used for mapping and geodetic applications. Memo Therapeutics, a biotechnology company, has completed a funding round of CHF 25 million for research in therapeutic antibodies for the treatment of infectious diseases.