Gaia Turbine SA closes CHF 1M seed investment round

Gaia Turbine is developing and will commercialize an innovative plug-and-play hydroelectric turbine that achieves more than 90% efficiency in wide range of working conditions, much better than the conventional turbines. The capital raised will be used to install a pilot turbine at a hydroelectric power plant in Ticino and start the commercialization efforts.

2021 Unicorn Startups vs 2023 Donkey Startups

Unicorns:

– Raised sooo much money

– Hedge funds turned VCs led every round past the B and drove the valuation to sky-high limits

– Hired and hired and hired

– 45 month payback

– Sponsored everything under the sun

– Valuation implied they’d get 100% market share and kill Salesforce and Hubspot within 5 years

– If they don’t 3x this year all is lost

– Even with $20M in the bank, only 10 months of runway left

– Beautiful creatures but not particularly durable

 

Donkeys:

 

– Bootstrapped till profitability then raised a nominal amount of funding

– Did one round and moved back to profitability shortly thereafter

-Kept the team lean and mean and used automation wherever they could

– 20% growth this year but profitable and sustainable

– 12 month payback

– Valuation implied they’re a solid company with durable enterprise value

– They’re profitable so if they don’t hit their growth target they still get to be a company forever

– Infinite runway

– They’re an acquired taste but they get the job done and make it to the top of the mountain

 

Date a unicorn. Marry a donkey.

 

Sam Jacobs

Grande successo per la seconda edizione della Giornata cantonale delle startup

09 febbraio 2023

Oltre 400 persone in presenza, un centinaio collegate nel metaverso o in streaming, una dozzina di relatori qualificati e una ventina di startup. Sono, questi, i numeri della seconda edizione della Giornata cantonale delle startup, organizzata quest’oggi a Lugano dalla Divisione dell’economia del Dipartimento delle finanze e dell’economia (DFE), in stretta collaborazione con la Fondazione Agire.

Boldbrain : aperta la 5a edizione

2 Settembre 2022

Ieri si è svolto il Kick off Meeting che ha dato ufficialmente il via alla quinta edizione dell’acceleratore Boldbrain Startup Challenge.

I progetti presentati dai team sono allocabili in molti dei principali settori economici innovativi, tra i quali spiccano il fintech, le ICT e il settore biotech / Medtech. Tra le startup selezionate, sette vantano già un prototipo della loro idea, tre sono già sul mercato e ben sei sono già costituite in società.

I nomi delle startup partecipanti sono (in ordine alfabetico):

AbodiAI
Aesthetes
Aliper Therapeutics
AQUAtryp®
CRIMAGNO
Decentralized Delivery
Drive2GO
ElysiumLab
FormiDabile
GiPSy
Green Power Box
LogisticLEV
Ludometrik
Piece of Mind
PublicRider
Quantum Lab
Real Asset Platform
Revozona
Talos Drachma
Zario

 

Giornata cantonale delle startup – 4 aprile – LAC Lugano Arte e Cultura

La Giornata cantonale delle startup ha l’obiettivo di rafforzare la messa in rete tra startup ticinesi e potenziali investitori. Questi ultimi avranno la possibilità di avvicinarsi al mondo delle startup grazie a diversi momenti di approfondimento.
Le occasioni di incontro e scambio saranno inoltre facilitate nella parte espositiva in cui una ventina di startup saranno presenti con i loro stand.

Innovazione, creatività, dinamismo, sguardo verso il mondo e il futuro: sono queste alcune caratteristiche delle startup, giovani aziende che rappresentano una grande opportunità di sviluppo per l’economia ticinese. Una tipologia di imprenditorialità che ha esigenze particolari, tra cui la ricerca di investimenti per poter lanciare i propri prodotti o servizi sul mercato internazionale.

Giornata cantonale<BR>delle startup – EVENTI DFE (DFE) – Repubblica e Cantone Ticino

Twenty teams join the Boldbrain Startup Challenge

The fourth edition of Boldbrain Startup Challenge, Ticino’s accelerator for innovative startups, has kicked off. Twenty teams representing the consumer products and services and the Medtech sector joined the program.

From the 104 applications submitted for the fourth edition of Boldbrain Startup Challenge, 48 were eligible according to the admission criteria, including the value of the idea and its scalability, the possible impact on the territory, the degree of innovation, the business model and the quality of the team. The commission of evaluators, composed of experts from the world of economy, education, and entrepreneurship in Ticino evaluated them to select twenty teams.

In the upcoming three months, the teams will undergo the acceleration program with support from professional consultants (coaches), meetings, and events, marking the program’s different phases until the ten finalists reach the Awards Ceremony scheduled for December 2 at the Palazzo dei Congressi in Lugano.

 

Twenty projects join the Boldbrain Startup Challenge

Boldbrain Startup Challenge 2020 has selected the 20 projects that will take part in the only accelerator program in Ticino.

The 2020 edition attracted a total of 148 applications, of which 62 were examined by an evaluation committee .

 

The 20 start-ups selected for Boldrain Startup Challenge 2020 are:

4Devices (medtech) – Aargau

Excede (fintech/insurance tech) – Zurich

F-Helix (electronic and mechanical engineering) – Ticino

Finar Module Tech (electronic and mechanical engineering) – Italy

Lighthouse  (medtech) – Ticino

NATIVE (sport/leisure/tourism/lifestyle) – Ticino

Proxying (consulting and services) – Ticino

QM_Project (life sciences, IT diagnostics, data) – Italy

Secondo (consumer products and services) – Ticino

Smart Power Center (energy, cleantech) – Russia

SwicketLive (ICT, software & data engineering) – Ticino

TeachRemote (social entrepreurship, education) – Zurich

Trading Stratagem (fintech, insurance tech) – Ticino

TurboGas-5.0 (electronic and mechanical engineering) – Ticino

UNIVERSUS-OS (ICT, software & data engineering) – Italy

VMall (consumer products and services) – Ticino

voltWALL (energy, cleantech) – Ticino

WeSaidYes (sport/leisure/tourism/lifestyle) – Ticino

WYTH  (design, art, architecture, gaming) – Ticino

YSI (consumer products and services) – Italy

Applications welcome from startups and SMEs with innovative solutions to tackle Coronavirus outbreak

The European Commission is calling for startups and SMEs with technologies and innovations that could help in treating, testing, monitoring or other aspects of the Coronavirus outbreak to apply urgently to the next round of funding from the European Innovation Council. The deadline for applications to the EIC Accelerator is 17:00 on Wednesday 18 March (Brussels local time). With a budget of €164m, this call is “bottom up”, meaning there are no predefined thematic priorities and applicants with Coronavirus relevant innovations will be evaluated in the same way as other applicants. Nevertheless, the Commission will look to fast track the awarding of EIC grants and blended finance (combining grant and equity investment) to Coronavirus relevant innovations, as well as to facilitate access to other funding and investment sources.