The 50 Best-Funded Startups in Switzerland in One Map (and What It Means For The Startup Ecosystem)

In Fundraising, Startup Scene by Sébastien FluryLeave a Comment

Back in 2012 as I’ve launched startupolic.com, I remember that almost nobody was blogging on the Swiss startup scene. Or most were abandoning the effort after a few posts. Fortunately, this has changed! Today I’m pleased to publish a guest post by Tatjana de Kerros-Budkov, who is currently the Startup Builder at Ricolab Innovation Lab (Ricola), Mentor, and 2x entrepreneur- with one exit under her belt- and has helped startups raise over $10M in the last 12 months. Previously, she was an entrepreneurship & innovation Advisor to the Saudi government, collaborated with 500 Startups KSA and roamed the Arabian desert building entrepreneurship & VC tech ecosystems. Now living in Zurich- she’s passionate about showcasing Swiss tech startups- bridging ties with international VCs. This post was initially published here.   Altogether, they’ve raised over $1.4 billion since 2015. They’re growing at an …

Should You Write a Business Plan?

In Fundraising by Sébastien FluryLeave a Comment

Writing a business plan at the time of the lean startup sounds like a weird idea. No? Many people think that writing a business plan is no more needed. Which is true and… wrong, at the same time! Writing a complete business plan per se is not needed, especially if you: just have an idea; have not done your homework with the Value Proposition Canvas and the Business Model Canvas; are dreaming your project instead of starting it (yeah, there are many wannabe entrepreneurs around there)! have not discussed with any potential customer; Among other ones, these are reasons not to write a business plan. Of course, when you’re starting a project, you should have a rough idea about the potential market. But you should start by focusing on the pains faced by your target customers. And trying to figure out …

16 tourism startups to discover at World Tourism Forum 17

In Startup Scene by Sébastien FluryLeave a Comment

Each year beginning of May, more than 500 CEOs, Ministers and investors from the tourism industry meet in Luzern for the World Tourism Forum. The Forum aims in gathering global leaders of the travel, tourism and hospitality industries to learn about the new development and brainstorm on how to adapt to the changes happening. And to meet startups ! This year, World Tourism Forum is organizing a Startup Innovation Camp (coaching day with presentation to the jury) the day before the forum. Among 170+ applications coming from all over the world (more than 50 countries), 16 finalists were selected, segmented in 4 categories : Impact, Transaction, Destination and Hospitality. The finalists come from Europe (Cyprus, France, Germany, the Netherlands, Poland, Spain, the UK), Asia (India, Sri Lanka) and the USA. They were selected by a jury leaded by well-known Swiss …

Get The Money!

In Fundraising by Sébastien Flury2 Comments

Startups and money. It’s a secret for nobody that money is scarce when you’re launching your startup. Even if the Swiss Venture Capital Report shows an interesting growth in startup funding over the 3 last years, with almost a doubling of the funds invested in Swiss startups. About CHF 900M were invested in 2016. Which can be seen as a great sign for entrepreneurs, but which is in the same time…ridiculous. At least if we speak about digital startups (fintech included), which represent about 30% of this amount. This total includes massive funding rounds (80-100M) in the life sciences industry, which is a bit hiding the rest. But it’s ridiculous if we compare to London startups (mostly digital), which raised… EUR 1.32 billion in the first 6 months of 2016! I was discussing with another startup founder the other day and he told me that …

Why Your Daughter Probably Won’t Be a Startup Founder in Switzerland

In Startup Scene by Sébastien Flury4 Comments

  This is a guest post by Lea von Bidder, co-founder and President of Ava Science, a Swiss startup based in Switzerland and California.  Lea published this post originally  on her Linkedin profile on Thursday 8th of March, the Women Day, and I thought this kind of excellent content should be spread as widely as possible… Do not hesitate to comment and to contribute with your opinion or ideas on how to change the problem Lea is describing! As a female founder from Switzerland I am constantly prompted with questions about “How it feels to be a female founder”. The truth is, it feels a little lonely. At investor events, I am often the only woman in the room. But it’s hard to reconcile this feeling when I read statistics like the one StartupTicker released on the Global Startup Monitor: Switzerland has an equal proportion …

5 Years of Blogging

In Startup Scene by Sébastien Flury6 Comments

January 2012. January 2017. Startupolic.com just turned 5 years old. It’s incredible how fast time is running out ! It’s time for celebration! Why I started blogging In one of my previous life, I used to be a startup coach and business developer for a technology park, lost in Northwestern Switzerland (in canton of Jura). My mission was to discover promising startups and try to attract them there, with a local economic development mission: bring and create high qualified jobs there. I was travelling across Switzerland, attending almost every startup event I could (years ago, it was still manageable !), trying to bring as much value as I could. With the underlying goal of convincing entrepreneurs to relocate to Jura (which was not a sinecure, I have to admit – but it worked out to some extend). I was meeting many people of the …

Pitch Me If You Can! Startupolic Office Hours Are Back

In Others by Sébastien FluryLeave a Comment

As a reader of startupolic.com, you probably know that I’m a big fan of the pay it forward culture. Or said differently, give before you get. Last year, I did a first experiment by giving 30min to any founder (no selection here) who wanted to pitch me her project, or simply ask me some questions about starting up, about lean startup or about how to build a (digital) product. I’ve simply tried it for fun. And it was! It went beyond my expectations, as I was fully booked, even had to add extra slots. There was a lot of interesting discussions, with people who were just starting up. Or who were considering the startup way after having built state-of-the art technology during their PhD. The title (“pitch me if you can!”) is quite pompous and bit provocative, I know… I was simply expecting …

Hack the Local Shops on 19th of November

In Others by Sébastien FluryLeave a Comment

Switzerland is more and more active with startup activities. You often hear that the startup scene is nothing compared to renowned European hubs like Berlin or London. Yes, it’s true, at least in term of startups funded, of startups growing  quickly or in terms of successful exits. However, there are a lot things happening, and many new initiatives are popping up almost every week (making it harder and harder for everyone new on the scene not to get lost in the wide panel of activities). For instance, a first Digital Festival was organized in Zürich back in September. Geneva welcomed its first Startup Weekend dedicated to Fintech early October (@Fintech FUSION, of course!). Hackathons are also more and more trendy, with the biggest European one happening in Zürich in September, but also with other ones taking place in the 2nd Swiss startup hub, at EPFL. Facebook organized one …