Hyundai Motor’s XCIENT Fuel Cell truck / Courtesy of Hyundai Motor Driving hydrogen trucks for 10 million kilometers equivalent to planting 700,000 pine trees By Lee Min-hyung Hyundai Motor’s XCIENT hydrogen-powered trucks have achieved an accumulated mileage of 10 million kilometers in Switzerland, proving the safety and technological prowess of hydrogen fuel cells, the automaker...
Category: Tech
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Swiss startup Microcaps secures €9.6M to advance its microencapsulation technology | Silicon Canals
Wagistrasse, Switzerland-based Microcaps AG, an innovator in advanced microencapsulation technology, announced on Wednesday that it has secured CHF 9.3M (approximately €9.6M) in a Series A round of funding. This Series A round saw participation from new private investors, as well as contributions from Microcaps‘ existing shareholder base, including Helvetica Capital AG, Zürcher Kantonalbank, and the...
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UBS sets up foundation to channel CHF50bn towards deep tech start-ups
UBS has joined forces with telecommunications company Swisscom to set up the Deep Tech Nation Switzerland Foundation, aiming to channel up to CHF50bn (€51.5bn) in the next 10 years in deep tech start-ups, it announced today. The main aim of the foundation is to boost venture capital investments over the next decade in start-ups and to...
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Tech-News Site Gizmodo Sold to European Media Firm Keleops, Which Says It Will Retain Entire Editorial Staff
Gizmodo, the 22-year-old tech news site, is the latest asset sold by G/O Media, which has been steadily shedding media properties for more than a year. Gizmodo’s new owner is Keleops, a European online tech-media company with offices in Switzerland and Paris, France, that was originally founded 10 years ago as a performance-marketing firm. Financial...
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Swiss startup Neural Concept raises $27M to cut EV design time to 18 months | TechCrunch
As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing to cut the cost of producing electric vehicles so they can get to the price tags and profit margins of internal combustion engine (ICE) cars. But to do that, they must find ways to make the...
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FinalSpark Is Developing the World’s First Living Processor – Spiceworks
AI model training consumes 6,000 times more energy than a European city, but bioprocessors promise significant energy savings. This article discusses how bioprocessors can revolutionize energy efficiency in computing. In a strategic move, FinalSpark is poised to launch Neuroplatform, the world’s first living computer, in Switzerland. Instead of silicon chips, this groundbreaking bioprocessing platform uses...
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AI manufacturing startup funding is on a tear as Switzerland’s EthonAI raises $16.5M | TechCrunch
As factories and manufacturing facilities have gotten “smarter” through sensors, robotics and other connected technologies, this has created a potential treasure trove of data that can be mined for insights on bottlenecks and other areas for improvement. Or maybe even to just expedite processes that would otherwise require significant manual spadework. But much of this...
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Swiss AI startup saving Swiss chocolate secures $16M
From semiconductors to chocolate, you’d be surprised how many products are already made with the help of AI. And it’s precisely on the factory floor where Swiss startup EthonAI is looking to gain a foothold in this emerging market. “Manufacturing is at a critical juncture, and companies that fail to adapt with AI risk falling...
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FarMart raises Rs 24 crore in debt from ResponsAbility Investments
Agritech startup FarMart on Wednesday said it has raised Rs 24 crore in non-convertible debt from Switzerland-based asset manager ResponsAbility Investments. The debt will be used to strengthen the firm’s processing division and to improve its overall traceability capabilities for the supply chain, FarMart cofounder Mehtab Singh Hans told ET in an interaction. Elevate Your...
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16 lab-grown brains run world’s first ‘living computer’ in Switzerland
Swiss technology firm Final Spark has successfully launched Neuroplatform, the world’s first bioprocessing platform where human brain organoids (lab-grown miniaturized versions of organs) perform computational tasks instead of silicon chips. The first such facility hosts the processing prowess of 16 brain organoids, which the company claims uses a million times less power than their silicon...
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Swiss Technology Could Cut 80% of Radioactive Waste | Earth.Org
The highly toxic byproducts of nuclear reactors can remain radioactive for tens of thousands of years. — A breakthrough technology that has the potential to dramatically reduce the amount of radioactive waste from nuclear power plants has received backing from Switzerland. Developed by Geneva-based start-up Transmutex, the long-sought technology could solve a dilemma that...
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New tech cuts 80% of highly radioactive waste in nuclear power plants
A former CERN scientist working at the private nuclear fission company Transmutex has developed a new approach that could radically cut down the radioactivity of nuclear waste by as much as 80 percent. Based in Switzerland, Transmutex’s technology was reviewed over several months by Nagra, the Swiss national body that manages nuclear waste, which also...