Swiss DeepTech, July 2026.

24 financing rounds recorded. Largest: MoonLake Immunotherapeutics's follow-on of USD 230M.

24rounds
CHF 364.3Mcapital
CHF 134.8Mof which venture
CHF 5.2Mmedian
82%verified
9spin-offs

What the numbers say

CHF 184M of the month's capital, 51%, is public market money rather than venture: MoonLake Immunotherapeutics (Follow-on, USD 230M). Venture capital proper was CHF 134.8M across 14 rounds.

The two largest deals are 66% of the month's capital, so the total describes a handful of companies rather than the market.

The median round is CHF 5.2M against a mean of CHF 18.2M. The gap is the month in one line: a long tail of small rounds under a few large ones.

8 of 24 rounds were pre-seed or seed, and together they drew 10% of the capital. The formation end is busy and cheap.

9 of 24 rounds came out of an institution (ETH Zurich 5, EPFL 2, CSEM 2), which is the structural feature of this market rather than a feature of the month.

32 distinct investors were named across 20 rounds. Only 3 appear more than once: Venture Kick, Swisscom Ventures, Zürcher Kantonalbank.

6 of 24 closed rounds have been checked against a primary source, covering CHF 297M of the CHF 364.3M, 82%. The rest is as reported. Every error found in this database so far was a figure or a label that a primary source contradicted, so that share is the weight this page can carry.

The rounds

CompanySectorStageRaised InvestorsHQ
MoonLake ImmunotherapeuticsBiotechFollow-onUSD 200M base closed 25 June USD 230M–Zug
SWISSto12SpaceSeries CUSD 70M–Renens
Basilea PharmaceuticaBiotechnology, CommeGrantUSD 30MBiomedical Advanced Research and Development Authority (BARDBasel
ZuriQQuantumSeedUSD 25.5MQuantonation, Forward.one, Extantia, Firgun Ventures, FoundeZurich
HiloHealth Care, HealthSeries BSeries B extension USD 19MDFO ManagementNeuchâtel
Hilo (Aktiia SA)MedTechSeries BSeries B extension USD 19MDell Family OfficeNeuchâtel
AELER TechnologiesArtificial IntelligeVentureCHF 8.4MSipchem InnoVentLausanne
AELERLogistics–CHF 8.4MSipChem InnoVentLausanne
Ahead HealthMedTechSeedamount USD 10MRTP GlobalZurich
CCRAFTPhotonicsSeries BUSD 7.8MQBIT Capital, Zürcher Kantonalbank, Apprecia Capital, SpacewNeuchâtel
AylightPhotonicsPre-seedEUR 4.5MSwisscom VenturesZurich
AlivionMedTechSeries AEUR 4MTGFS Technologiegründerfonds Sachsen, SBG - Sächsische BeteiZurich
MedyriaMedTechSeries BCHF 3.5M–Winterthur
Aionic LabsAIGrantEUR 3MSPRIN-DZurich
Immitra BioBiotechPre-seedupsized; includes CHF 150k non-dilutive funding CHF 2.4MBackbone Ventures, OCCIDENT, Another VC, Kickfund, Venture KZurich
ActivalDental, MedicalGrantCHF 1.4MInnosuisseNeuchâtel
RAROGInformation TechnoloGrantCHF 150kVenture KickZürich
GoNeonArchitecture, ArtifiGrantCHF 150kVenture KickZürich
Maus RoboticsRoboticsGrantCHF 150KVenture KickBasel
LaxiPedHealth Care, ManufacGrantCHF 40kVenture KickGeneva
CDDSSeedundisclosedSwisscom VenturesZürich
ValuemizeSoftwarePre-seedseven-figure undisclosedHEARTFELT_, OMA Business Angels, Prequel Ventures, PRXS TechZurich
NestermindArtificial IntelligeSeedundisclosed–Zürich
CDDS (Counter Defense Drone Systems)OtherSeedundisclosedSwisscom VenturesZurich

By stage

Grant7CHF 28.7M
Seed5CHF 28.4M
Series B4CHF 40.1M
Pre-seed3CHF 6.6M
Follow-on1CHF 184M
Series C1CHF 56M
Venture1CHF 8.4M
not stated1CHF 8.4M
Series A1CHF 3.7M

By sector

MedTech4CHF 30.4M
Biotech2CHF 186.4M
Photonics2CHF 10.4M
Artificial Intellige2CHF 8.4M
Space1CHF 56M
Biotechnology, Comme1CHF 24M
Quantum1CHF 20.4M
Health Care, Health1CHF 15.2M
Logistics1CHF 8.4M
AI1CHF 2.8M
Dental, Medical1CHF 1.4M
Information Technolo1CHF 150k
Architecture, Artifi1CHF 150k
Robotics1CHF 150k
Health Care, Manufac1CHF 40k
not stated1
Software1
Other1

By city

Zurich8CHF 41.5M
Neuchâtel4CHF 38M
Zürich4CHF 300k
Basel2CHF 24.1M
Lausanne2CHF 16.8M
Zug1CHF 184M
Renens1CHF 56M
Winterthur1CHF 3.5M
Geneva1CHF 40k
4 of 24 rounds have no stated amount, so CHF 364.3M is a floor rather than a total. The database records what the press carried, so undisclosed rounds and quiet extensions do not reach it, and 20 of 24 rounds name their investors. This is reported activity, not a market census, and one month is too short to read as a trend.
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