2022 COHORT SUCCESS STORIES 2

2022 COHORT SUCCESS STORIES 2

A diverse cohort. This year, 45% of the accelerated startups part of our acceleration program, had 1 or more female founders, compared to 32% last year. Also, with 37 nationalities working in 13+ different fields, 34% of the founders were part of the BIPOC community, which remains consistent numbers over the years.

A grateful cohort. According to our post-acceleration survey, 69% of the startups felt very engaged this year, with a 5% increase compared to 2021, and 58% of them exceeded or hit their objective, a 16% increase. Last but not least, 74 startups scored us 9 or 10/10. These figures show that we are on the right track and motivate us to continue improving our acceleration program and supporting startups!

A climate-responsible cohort. All startups this year were climate-responsible and committed to reducing actively and significantly CO2 emissions. We will continue to follow up and measure their efforts. Until now, the active data we've been able to track with our alumni shows that they are at 8'300'000 CO2e tonnes p.a. avoided/reduced.

HIGHLIGHTS

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NoPalm Ingredients won the Regio Foodvalley ?innovation prize. The Dutch?region has the ambition to be an AgriFoodTech region where people are significantly healthier, like to live, do business, innovate, and where circularity is common.

By replacing palm oil with their sustainable microbial oil, preventing deforestation, and protecting animals and tribes that depend on palm trees for survival, NoPalm Ingredients showed Regio Foodvalley that they are betting on one of the most promising solutions on the market.

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E-Vision Systems has also been through the 3 phases of the EIT Raw Materials Accelerator?and will receive funding €80K to develop their technology further.

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Stratio Inc , has been awarded by the Luminate accelerator . The world’s largest business accelerator for optics, photonics, and imaging (OPI) startups. Stratio, Inc. is also a finalist of the Prism Awards in the category of sensors.

Their Shortwave Infrared (SWIR) imaging captures images that our eyes cannot see,?allowing a broad range of applications, including night vision, medical imaging,?process quality control, fruit inspection, and moisture detection.

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Composite Recycling won our MassChallenge Switzerland Final with the Diamond title and received CHF 100'000 in non-dilutive cash. Their proprietary pyrolysis process allows closing the loop on composite materials like Glass Fibre Reinforced Plastic. The environmental impact is massive. Read here the PME article in FR

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Jasberry , is our Platinum Winner, with CHF 80'000 cash; their superfood rice, combined with a strong social model, convinced the judges. Their impact on health and society can be incredible at scale.



Discover all our Awards' Winners here . And watch the video here.


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Cultivated Bioscience at the MassChallenge Switzerland Awards

Cultivated Bioscience participated in the?Plug and Play Silicon Valley Summit ?which featured over 250 startups across 17 verticals. The Food and Beverages vertical includes?the startup specializing in alternative dairy fat. The company is developing a fermented creamy ingredient from GMO-free yeast, which offers the creaminess needed for plant-based dairies such as cheese, milk, or ice cream.

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PR software giant Cision acquires Factmata , the fake news startup that pivoted to monitoring all kinds of online narratives. Factmata has been founded by AI specialists with the aim of building an engine to detect when fake news and other false information is shared online Read more here.

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Technovator was awarded Start-up?Exporter of the Year by the Go Global Awards in Estonia, and participated in the EIT Health?InnoStars?Awards Grand Final. Their technology allows transmitting high power with efficiency similar to the wire, providing minimal energy loss.

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Isochronic is a finalist in the prestigious Swiss Technology Award 2022 . The startup has invented a novel software-driven robotic system, enabling the global pick-and-place industry to boost its production throughput while limiting the needed production floor space.






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Cultimate Foods , the Berlin food-tech specialist, has raised €700.000 in a pre-seed round led by Big Idea Ventures , ProVeg International and Realum.cloud . The biotech company provides plant-based meat alternatives with a more authentic taste by replicating animal fat tissue biotechnologically. Read more here .

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Patrick Pestalozzi, Entrepreneur in Residence in Health Tech, Sean Thompson, Co-Founder & CEO, Psigryph Inc., and Cara Tobin, Entrepreneur in Residence and investor in Climate Tech.

Psigryph is part of the Foresight Canada ?list, spotlighting Canada’s 50 most investable cleantech ventures to international impact investors, funding organizations, potential industry customers, and talented job seekers. Psigryph owns Nanopect?, a platform, biodegradable nanodelivery system for living cells. It consists of elongated nanofibers and spherical nanoparticles that are useful in different applications. See the pitchbook here .

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