The canton of Vaud, a prime location for the development of tech startups

In the space of ten years, the TOP 100 Swiss Startup Award has become a key event in the Swiss startup ecosystem. The companies that have made it into the ranking have so far created several tens of thousands of highly qualified jobs and brought hundreds of disruptive technologies to the global market. 

The success of the Vaud startups in the TOP 100 stems from an innovation ecosystem that is among the best in Europe, where talented deeptech innovators find the ideal environment to grow and succeed. "Proof of this are the 43 Vaud companies in the Scale Up Vaud program - including SOPHiA GENETICS, Nexthink, Frontiers and Astrocast - and the 14 alumni of the LeadiNNg to Scale Up program (co-organised by Innovaud and IMD), which enables young technology companies to move from the startup to the scale-up phase," explains Patrick Barbey, Director of Innovaud.

The TOP 100 - a national panorama of talent, regions and technologies

The TOP 100 also shows that Switzerland is a favourable territory for startups. And because the young companies in the TOP 100 cannot stay there for more than 5 years, the ranking is also an annual source of new talent. This year, 10 Vaud-based startups have thus entered the TOP 100: Kitro, TYXIT, ArcoScreen, Tune Insight, Corintis, SEED Biosciences, Lumendo, Perovskia Solar, Biospectal and Visium.

A diversity of innovation fields, with life sciences and ICT leading the way

In the ranking of Vaud startups in the TOP 100 2022, 10 come from the life sciences sector (5 from biotech and 5 from medtech), and 6 from ICT. The cleantech (4 startups), engineering (3 startups), foodtech (2 startups) and robotics (1 startup) sectors follow.