A new report by Dealroom.co and Startupticker has spotlighted Switzerland as having quietly become one of the world’s most advanced and efficient deep tech ecosystems.
The newly launched Swiss Deep Tech Report 2025 offers a comprehensive dataset and analysis on the Swiss deep tech ecosystem. Curated in close collaboration with Dealroom.co, Startupticker, and two venture capital firms, Founderful and Kickfund, it maps the full scope of Switzerland’s deep tech performance – from research institutions and patents to venture activity and late-stage outcomes.
Here are some of the key findings:
- Swiss deep tech companies have created more than $100 billion in combined enterprise value.
- From 2019 to 2025, Switzerland allocated 60% of its total venture capital into deep tech, which is more than any other country globally.
- Over the same period, Switzerland ranked first in Europe and third worldwide for deep tech VC funding per capita, backed by both a strong domestic research base and increasing levels of international capital.
- Nearly 96% of late-stage deep tech rounds in Switzerland were led by global investors, with US and EU firms now accounting for the majority of capital inflow.
- Behind Oxford and Cambridge, 2 of the top 4 universities creating deep tech spinouts in Europe are Swiss: ETH Zurich and EPFL.
The report establishes a definitive benchmark for the ecosystem’s strength and signals its global potential. With over 1500 Swiss deep tech startups analyzed and data spanning more than five years, the report states that Switzerland is becoming not just a center of academic excellence, but also a global-scale producer of science-based innovation and venture outcomes.
“Switzerland has long excelled in fundamental research, but we believe the next decade belongs to the scientists and engineers who turn that research into global companies,” said Alex Stöckl, Founding Partner at Founderful. “This report is about making that transformation visible – about telling the story of Swiss deep tech in hard data and positioning it clearly on the world stage.”
The report also highlights a new generation of Swiss startups driving that shift. AI/ML already accounts for 23% of companies founded since 2021, almost double its previous share. Climate & Energy, Robotics, and TechBio have each expanded at speed.
The strength of this cohort reflects a deeper pipeline forming at the intersection of academic excellence, local entrepreneurial talent, and increasing support from sector-focused investors. The international visibility of these startups is growing rapidly, but local capital – particularly at the later stages – remains limited, creating both a challenge and an investment opportunity.
Investors are reallocating capital toward the next wave of AI-powered verticals. In 2024, almost one-third of all Swiss deep-tech funding went to AI-first startups, tripling the share recorded in 2020. This funding surge is matched by a rising cohort of growth-stage companies such as Scandit, Distalmotion, and Climeworks, underscoring Switzerland’s ability to turn lab breakthroughs into mission-critical products for Fortune 500 customers.
As Switzerland’s deep tech ecosystem matures, the report authors plan to deepen the dataset and track sector performance across key hubs including Zurich, Lausanne, Geneva, and Basel.
The full report is available for download here.
