{"id":12320,"date":"2016-12-16T14:56:49","date_gmt":"2016-12-16T13:56:49","guid":{"rendered":"https:\/\/staging.ggba.swiss\/epfl-start-ups-raise-record-funds-in-2016\/"},"modified":"2023-07-04T13:39:37","modified_gmt":"2023-07-04T11:39:37","slug":"epfl-start-ups-raise-record-funds-in-2016","status":"publish","type":"post","link":"https:\/\/staging.ggba.swiss\/en\/epfl-start-ups-raise-record-funds-in-2016\/","title":{"rendered":"EPFL start-ups raise record funds in 2016"},"content":{"rendered":"<p><a href=\"https:\/\/www.epfl.ch\/\" target=\"_blank\" rel=\"noopener\">EPFL<\/a> start-ups have so far raised a total of 397 million francs this year, and the number is still on the rise. That&#8217;s 50% more than the previous record high of 242 million reached in 2014, the university said in a <a href=\"http:\/\/actu.epfl.ch\/news\/a-record-for-epfl-s-startups-close-to-chf-400-mill\/\" target=\"_blank\" rel=\"noopener\">statement<\/a>. The funds were raised by spin-offs created as a result of technology developed in an EPFL lab, as well as by companies located within EPFL\u2019s Innovation Park, which hosts over 120 start-ups and 23 well-established companies including Intel, Logitech and Siemens.<\/p>\n<p>100 million francs were raised by one company alone, Mindmaze, which develops virtual reality products to stimulate neural recovery. AC Immune, a biopharmaceutical company, raised 42.7 million and began trading on Nasdaq, adding a further 60 million francs. NEXThink, a spin-off specialized in company software management, completes the top three with 38 million francs. Seven other start-ups completed funding rounds for more than 10 million francs each.<\/p>\n<p>The current trend in private investment in Switzerland is looking good: half of the start-ups raised the funding domestically, a quarter in Europe and the rest went further afield, to the USA and Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EPFL&#8217;s business ecosystem is thriving: start-ups linked to the Lausanne-based technology institute raised close to 400 million francs this year.<\/p>\n","protected":false},"author":3,"featured_media":12321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"mc4wp_mailchimp_campaign":[]},"categories":[831],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EPFL start-ups raise record funds in 2016 - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EPFL start-ups raise record funds in 2016 - 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