ETH Zurich Spin-off Report 2024: Successful outcome for D-MAVT
The recently published ETH Zurich Spin-off Report 2024 shows the innovative strength of the Department of Mechanical and Process Engineering. Of the 37 ETH spin-offs last year, 9 came from the D-MAVT. A total of 119 companies have emerged from the department - this corresponds to 20 percent of all ETH spin-offs.
The unicorn Climeworks and the two successful exits Sevensense Robotics AG (acquired by ABB Switzerland) and Femotools GmbH (acquired by Oxford Instruments) are particularly emphasized in the report. D-MAVT spin-offs also impressed in financing rounds last year: Neustark AG secured USD 69 million, Anybotics AG received USD 60 million and Swiss-Mile Robotics AG raised USD 22 million. In addition, numerous prizes were awarded to spin-offs of the department in 2024. Peter Fankhauser from Anybotics AG was honored as ‘Entrepreneur of the Year’ (EY), Solabs Technology AG won 1st prize and the audience award at the 3Pi competition, Roboa and Oxyle AG received the Swiss Technology Award and Alexander Jessernig and Iwan Hächler took 1st and 2nd place at the Falling Walls Lab Switzerland.