Swisscom invests in Nanolive

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04.10.2016
Nanolive Team

Swisscom invests CHF 500,000 in the emerging Swiss start-up Nanolive. As winner of the StartUp Challenge, Nanolive completed a one-week long mentor program in the Silicon Valley last week, along with the four other winners. The competition and the trip are being used by Swisscom to select start-ups for investments.

Nanolive has developed a new technology that enables living cells to be explored in three dimensions without damaging them. In comparison with other industry solutions, the process is simple and economical and is carried out using a microscope. The "3D Cell Explorer" will enable progress in medical research, as the effects of drugs on living cells can be tested in real time. Swisscom Ventures believes in the potential of the start-up company and is supporting Nanolive with CHF 500,000 from its Early Stage Fund. "We are looking forward to collaborating with Swisscom. It will contribute to strengthening our product development, enabling us to continue to offer our customers innovative services in the future," says Yann Cotte, CEO of Nanolive.

Investment in disruptive technology
"We are convinced that Nanolive's disruptive technology will make a significant contribution to the improvement of human health. The software used enables 3D scans to be displayed in real time on all digital devices. This means new discoveries can be shared with other researchers very quickly," reports Roger Wüthrich-Hasenböhler, Head of Swisscom Digital Business, from the Silicon Valley. Dominique Mégret, Head of Swisscom Ventures, adds, "with our investment, we want to help move the Swiss startup ecosystem forward. Nanolive represents a good example of linking pioneering technologies such as nanotechnology, biotechnology and medical informatics, which is relevant for Swisscom in the areas of Smart Data and Cloud Services."

StartUp Challenge success story
Nanolive spent an exciting week in the Silicon Valley along with the four Swiss start-ups Advanon, Fashwell, Qumram and Xsensio. As winners of the fourth Swisscom StartUp Challenge, the five start-up companies completed a tailor-made mentor program. This included visiting investors, potential partners and customers, as well as coaching from internal experts and representatives of the Swisscom outpost.

Swisscom invests regularly in winners of the StartUp Challenge. The competition and the trip gives Swisscom valuable insights in the companies and the team. The investments in winners of the challenge are also fuelling the high number of applications. Over 650 start-up companies have applied for the StartUp Challenge since 2013.

The 30 finalists from 2013-2015 have acquired a total of CHF 50 million in venture capital. Of these 30 start-ups, 27 are still active today; one has already been taken over. Roger Wüthrich-Hasenböhler also draws a positive conclusion from this. "The struggle to secure promising start-ups has intensified in recent years. Yet with the StartUp Challenge and the trip to the Silicon Valley, we are still successfully accessing outstanding start-ups in the high-tech sector."

Picture: W.A. de Vigier Foundation

(SK)

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