This document is a monthly report on technology investment activity in Switzerland from January 2021. It provides an overview of funding rounds, new investors, top funded business models, analyst picks, IPOs and acquisitions during the month. A total of $92.4 million was invested in 13 funding rounds. New investors included DG Daiwa Ventures, EIT Food, and Digital Garage. NLS Pharma had an IPO and Arvelle Therapeutics and Assentis were acquired.

1. TRACXN MONTHLY REPORT
JANUARY 2021
SWITZERLAND TECH

2. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Switzerland Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 7
Top Funded Business Models - last 1 year 9
New Analyst Picks 10
IPOs 11
Acquisitions 12
Recent News 13

3. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Switzerland Tech Snapshot – January 2021
Switzerland Tech: Snapshot – January 2021
Note : "Investors" refers to "Institutional Investors" only
3
$92.4M
6 1
Overall Geo Stats
13
3
19
8
12
Funding Rounds $ Invested Analyst Picks
1plusX Upgraded
to MINICORN
New Investors
DG Daiwa Ventures
EIT Food
Series A+ rounds Active Investors IPOs
NLS Pharma
Acquisitions
Arvelle
Therapeutics#@
Assentis#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Zurich
(7 Rounds, $72.0M)
Mollis
(1 Rounds, $6M)
Renens
(1 Rounds, $4.2M)
Bern
(1 Rounds, $4.2M)
$50M - Seed
MapsWithMe (2011, Zurich, $50M)
$10.2M - Series B
Opterion (2012, Sarnen, $10.2M)
$8.0M - Series A
Endogena Therapeutics (2014, Zurich,
$8.0M)
$7.8M - Series B
1plusX (2014, Zurich, $17.3M)
Zurcher Kantonalbank
(1 Investments)
Microsoft
(1 Investments)
Digital Garage
(1 Investments)
Ethereum
(1 Investments)
Road Transport Tech
MapsWithMe
Online Travel
Geographic Information Systems
Mobile Utility Tools
Market Size
Companies Covered 5,394
Funded Companies 1,584
Total Funding $14.3B
Funding in last 12 months $1.9B
Top Exits
IPOs 69
Acquisitions 298
Company Stage
Unicorns 2
Soonicorns 34
Minicorns 145
Editor Picks 682
Series A+ 430
Series C+ 91
Acqui-Hires 2
Deadpooled 391
Top Cities
Zurich (491 Rounds, $2.8B)
Lausanne (200 Rounds, $1.1B)
Top Investors
Venture Kick (224 Investments)
Venturelab (136 Investments)

4. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Switzerland Tech as of January 2021
Switzerland Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (January 2021)*
MapsWithMe
(2011, Zurich, $50.0M)
$50.0M - Seed Alameda Research
Opterion
(2012, Sarnen, $10.2M)
$10.2M - Series B
Endogena Therapeutics
(2014, Zurich, $8.0M)
$8.0M - Series A
1plusX
(2014, Zurich, $17.3M)
$7.8M - Series B Swisscanto
Pula
(2015, Mollis, $7.0M)
$6.0M - Series A TLcom Capital Partners
Microcaps
(2018, Zurich, $5.8M)
$5.6M - Seed Helvetica Capital
SwissDeCode
(2016, Renens, $4.2M)
$4.2M - Series A VisVires New Protein
LogicFlow
(2020, Zurich, $724K)
$567K - Seed Venture Kick
*Shows only the lead Investors

5. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Switzerland Tech in January 2021
Switzerland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
Series D
Climeworks (2009, Zurich, $124.9M)
Designs and manufactures devices for extracting
carbon dioxide from ambient air
Microsoft
EARLY STAGE
$4.2M - Series A
SwissDeCode (2016, Renens, $4.2M)
Provider of disposable DNA Kit for detection of food
contaminants
VisVires New Protein, EIT Food
EARLY STAGE
$6.0M - Series A
Pula (2015, Mollis, $7.0M)
Online agricultural insurance platform for farmers
TLcom Capital Partners, Womens World Banking
EARLY STAGE
$7.8M - Series B
1plusX (2014, Zurich, $17.3M)
Predictive Data Management Platform
Swisscanto, Digital Garage, DG Daiwa Ventures
EARLY STAGE
$8.0M - Series A
Endogena Therapeutics (2014, Zurich, $8.0M)
Discovering and developing endogenous regenerative
medicines
EARLY STAGE
$10.2M - Series B
Opterion (2012, Sarnen, $10.2M)
Developer of therapeutic solutions for the treatment of
acute kidney diseases
SEED STAGE
$566.6K - Seed
LogicFlow (2020, Zurich, $724.3K)
Provider of AI based code migration system
Venture Kick
SEED STAGE
$5.6M - Seed
Microcaps (2018, Zurich, $5.8M)
Developer of microfluidic-based technology
Helvetica Capital, Zurcher Kantonalbank, , Lichtsteiner
Foundation, Ethereum
SEED STAGE
$50.0M - Seed
MapsWithMe (2011, Zurich, $50.0M)
Offline Maps for Travelers
Alameda Research, Genesis Capital, Sam Bankman
Fried
SEED STAGE
Seed
AI Retailer Systems (2018, Bern)
Provider of AI-based Grab & Go technology for retailer
industries
Founder Institute

6. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Switzerland Tech in January 2021
Switzerland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
SEED STAGE
Seed
LuckaBox (2017, Winterthur, $10.4K)
Delivery services for e-commerce businesses
Seedandspeed
SEED STAGE
Seed
Resmonics (2020, Zurich)
Provider of AI-based respiratory diseases monitoring
system

7. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Switzerland Tech in January 2021
Switzerland Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
DG Daiwa Ventures
11 portfolio companies | Blockchain, AI and other technology focused
investment firm
1plusX
Predictive Data Management Platform
$7.80M Series B
EIT Food
2 portfolio companies | EIT Food is Europe's leading food innovation initiative,
working to make the food system more sustainable, healthy and trusted | EIT
Food
SwissDeCode
Provider of disposable DNA Kit for detection of food contaminants
$4.18M Series A
VisVires New Protein
12 portfolio companies | Early-stage Offline & Life-Sciences focused VC firm
investing in Europe
SwissDeCode
Provider of disposable DNA Kit for detection of food contaminants
$4.18M Series A
Digital Garage
68 portfolio companies | Hybrid Solutions, Media and Venture Incubation
1plusX
Predictive Data Management Platform
$7.80M Series B
Microsoft
94 portfolio companies | Digital conglomerate and multinational computer
corporation
Climeworks
Designs and manufactures devices for extracting carbon dioxide from
ambient air
Undisclosed Series D
TLcom Capital Partners
33 portfolio companies | Tech & offline focused early & growth stage VC firm
investing in Europe, Asia & the US
Pula
Online agricultural insurance platform for farmers
$6.00M Series A
Helvetica Capital
1 portfolio companies | Venture capital firm investing in multiple sectors
Microcaps
Developer of microfluidic-based technology
$5.64M Seed
Alameda Research
17 portfolio companies | Online trading platform for cryptocurrencies
MapsWithMe
Offline Maps for Travelers
$50.00M Seed
Founder Institute
7 portfolio companies | Startup accelerator
AI Retailer Systems
Provider of AI-based Grab & Go technology for retailer industries
Undisclosed Seed
Womens World Banking
4 portfolio companies | Non-profit organization focused on women's financial
inclusion
Pula
Online agricultural insurance platform for farmers
$6.00M Series A

8. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Switzerland Tech in January 2021
Switzerland Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
Seedandspeed
13 portfolio companies | Early-stage centric tech-focused micro-VC Firm
investing primarily in Europe
LuckaBox
Delivery services for e-commerce businesses
Undisclosed Seed
Genesis Capital
1 portfolio companies | Institutional lending platform
MapsWithMe
Offline Maps for Travelers
$50.00M Seed
Ethereum
3 portfolio companies | Blockchain protocol supporting smart contracts
Microcaps
Developer of microfluidic-based technology
$5.64M Seed

9. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
9
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Construction Inspection Software $123M 2 Screening Ea.. | $65.6M | Series C
2 --
Diagnostics (by Technology) > Diagnostic Software >
Bioinformatics > Clinical Genomics
$113M 3 SOPHiA GENETICS | $110M | Series F
3 -- Diversified Diagnostics > Tests $113M 3 SOPHiA GENETICS | $110M | Series F
4 --
Gastroenterology > Drugs > Bowel Disorders > Short
Bowel Syndrome
$110M 1 VectivBio | $110M | Series D
5 ▼-2 Electronic Design Automation Software $92.3M 1 Kandou Bus | $92.3M | Series C
6 ▼-2
Electronic Design Automation Tools > IP Cores >
Packaging
$92.3M 1 Kandou Bus | $92.3M | Series C
7 --
Autonomous Retail > Physical Stores > Technology
Enablers > Self Checkout Solutions > App based
$80.0M 1 Scandit | $80.0M | Series C
8 --
Image Recognition > Optical Character Recognition > On
Premise Software
$80.0M 1 Scandit | $80.0M | Series C
9 --
Air Pollution Management Tech > Carbon Management >
Carbon Capture > Carbon Sequestration > Adsorption
$75.2M 2 Climeworks | $75.2M | Series D
10 ▲70
Healthcare IT > Provider > Administrative Solutions >
Materials Management > Procurement > Generic >
Medical Equipment
$65.3M 2 SkyCell | $62.0M | Series A

10. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks
Interesting Companies identified by Analysts in Switzerland Tech in January 2021
Switzerland Tech: Analyst Picks
10
Upgraded to MINICORN
1plusX (2014, Zurich, $7.8M, Series B)
Predictive Data Management Platform
DG Daiwa Ventures, Crown Ocean Capital, Digital
Garage and 1 other Investors
Added to Editor's Pick
SurgeonsLab (2019, Bern, $169K, Grant (prize
money))
Provider of software for micro surgery planning
Venture Kick,Hemexand
Added to Editor's Pick
LogicFlow (2020, Zurich, $567K, Seed)
Provider of AI based code migration system
Venture Kickand
Added to Editor's Pick
SandSIV (2010, Zurich, Unfunded)
Customer experience management SaaS solutions
Thames Valley Capitaland
Added to Editor's Pick
Minima Global (2019, Zug, $2.5M, Seed)
Provider of a blockchain-based network solution for
IoT devices
Blockchangeand
Added to Editor's Pick
Restart Energy (2017, Zug, Unfunded)
Blockchain based P2P energy marketplace connecting
energy producers with consumers
Added to Editor's Pick
Lightly (2017, Zurich, Unfunded)
Provider of a data preparation solution for machine
learning
Added to Editor's Pick
Crossiety (, Thalwil, Unfunded)
Mobile-based application for civic engagement

11. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
29 Jan 2021
NLS Pharma (2015, Stansstad, )
Swiss Biopharma company developing small molecule therapeutics
for CNS, mental and behavioral disorders.
$48.9M NASDAQ:NLSP
IPOs
List of IPOs in Switzerland Tech in January 2021
Switzerland Tech: IPOs
11

12. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Switzerland Tech in January 2021
Switzerland Tech: Acquisitions
12
Acq. Date Company Acquirer Deal Size
04 Jan 2021
Arvelle Therapeutics(2019, Zug, $222.7M)
Developer of small molecules for the treatment of partial-onset
seizures
Angelini Pharma
07 Jan 2021
Assentis(2002, Zurich)
Customer communication and document creation solution
Smart Communications
15 Jan 2021
Macos(1980, Volketswil)
Provides administration solutions for public service management
Volaris Group

13. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Switzerland Tech in January 2021
Switzerland Tech:News
13
Exit News
.
● Angelini Pharma acquires Arvelle Therapeutics Angel News
.
● Miniclip acquires Online Soccer Manager developer, Gamebasics MCV
.
● Telit Communications Breaks Off Merger Talks With u-blox Morningstar
.
● Need for consolidation in aviation sees ATPCO acquire SITA’s Airfare Insight
travolution.com
.
● DiNAQOR acquires Germany-based company Startupticker
.
● Eleven restructures management following MyCujoo acquisition Digital TV Europe
.
People News
.
● Roche Diagnostics appoints Narendra Varde as MD India & Neighbouring
Markets Indiatimes
.
● ObsEva appoints David Renas as Chief Financial Officer GlobeNewswire
.
Company News
.

14. Switzerland Tech - January 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Switzerland Tech on Tracxn Platform
Switzerland Tech: Explore more on Tracxn Platform
14
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Switzerland
AI Companies in Switzerland
Fintech Companies Switzerland
Consumer Digital in Switzerland
Company Due Diligence
Detailed profile of MindMaze
Competitors of Sportradar
Cap Tables of
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the
information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the
Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any
other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations
or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com