The IT Nerd

The technologies now driving the global economy, from advanced computing to artificial intelligence and robotics, are built patiently, over decades of sustained investment and deep scientific groundwork. Increasingly that work traces back to a country a fraction of the size of the giants it competes with. 

Switzerland now directs a greater share of its venture capital to deep tech than any other nation, and commits more per head than any country in Europe, placing it among the top three worldwide. The finding anchors the Swiss Deep Tech Report 2026, published today by Deep Tech Nation Switzerland, Founderful, Kickfund, Startupticker.ch, and Dealroom.co, and launched at VivaTech in Paris. 

The report sets out where the next decade of frontier technology will be engineered. The world’s most valuable companies are built on data centers, artificial intelligence and robotic automation, and Switzerland is among the few countries worldwide where that work is researched and commercialized at the frontier. What has changed is that its companies now stay to scale, and the world has taken notice. “For the first time, the companies spinning out of ETH and EPFL are staying, scaling and attracting serious capital,” says Jean-Philippe Fricker, Co-Founder and Chief System Architect of Cerebras Systems. The country’s international standing now matches the strength of its ecosystem. 

Five findings that put Switzerland at the forefront of deep tech innovation

The pipeline is shifting toward the sectors that dominate global capital. AI and machine learning now account for one in four newly founded Swiss deep tech companies, more than double their previous share. Beyond startup creation, Switzerland has the highest density of AI researchers globally, twice that of the UK and the US. Robotics is moving even faster relative to peers: Switzerland has created 3.5 times more venture-backed robotics startups per capita since 2020 than the United States, and 5 times more than the UK. In Future of Compute, 2026 is already a record funding year, and Switzerland boasts 7 times more patents per capita than the European average, driven by its world-leading microelectronics and high-precision sensor industries. 

The world’s most deep-tech-focused venture market. 63% of all Swiss venture capital flows to deep tech, the highest share of any country, ahead of China and the United States and nearly double the share of Germany and the UK, and well ahead of France. 

First in Europe on intensity, top three globally. At $1,470 invested per capita, Switzerland commits more to deep tech per head than any country in Europe. Worldwide, that places it among the top three nations alongside Israel and the United States. 

Funding is accelerating. Swiss deep tech funding has grown roughly fivefold since 2015 to reach a record $2.6B in 2025. 

The strongest growth is still ahead. ETH Zurich and EPFL Lausanne are Europe’s leading universities for new deep tech spinouts. Building on a leading position, the two have extended their lead since 2023, and that cohort is only now reaching the seed-to-Series-A window, the stage at which company value and capital raised compound most sharply. 

Where the opportunity sits 

Foreign investors supply 88% of Swiss deep tech funding at rounds of $100M and above, against 75% across Europe, while domestic capital falls to just 12% at late stage. In a top-ranked ecosystem, late-stage capital remains underweight relative to the quality of the companies being built, leaving clear room for new investors to enter early. 

What happens next 

The seed-to-Series-A cohort now moving through the ecosystem is the largest Switzerland has produced, and it is only now reaching the stage where company value and capital raised compound most sharply. Deep tech funding has already grown roughly fivefold since 2015 to a record $2.6B. The companies are staying, and the funds are arriving on their own. The report sets out, sector by sector, the leaders and the startups most worth watching, and invites the investors who would rather arrive early than late. 

The full report is available for download here: https://deeptechnation.ch/resources/swiss-deep-tech-report-2026  

While global attention has often centered on innovation hubs such as Silicon Valley, Berlin, or Paris, today, fresh data from Dealroom.co and Startupticker in a new report spotlights how Switzerland has quietly become one of the world’s most advanced and efficient Deep Tech ecosystems. 

The Swiss Deep Tech Report 2025, a Deep Tech Nation Switzerland initiative, offers a comprehensive new dataset and analysis on the Swiss Deep Tech ecosystem. It was curated in close collaboration with Dealroom.co, Startupticker and venture capital firms Founderful and Kickfund. The report is the first of its kind to map the full scope of Switzerland’s Deep Tech performance – from research institutions and patents to venture activity and late-stage outcomes. 

The report’s findings are striking: 

• Swiss Deep Tech companies have created more than $100 billion in combined enterprise value.
• From 2019 to 2025, Switzerland allocated 60% of its total venture capital into Deep Tech – more than any other country globally. 
• Over the same period, Switzerland ranked first in Europe and third worldwide for Deep Tech VC funding per capita, backed by both a strong domestic research base and increasing levels of international capital. 
• Nearly 96% of late-stage Deep Tech rounds in Switzerland were led by global investors, with US and EU firms now accounting for the majority of capital inflow. 
• Behind Oxford and Cambridge, 2 of the top 4 universities creating Deep Tech spinouts in Europe are Swiss: ETH Zurich and  EPFL 

The report establishes a definitive benchmark for the ecosystem’s strength and signals its global potential. With over 1500 Swiss Deep Tech startups analyzed and data spanning more than five years, the report positions Switzerland not just as a center of academic excellence, but as a global-scale producer of science-based innovation and venture outcomes.

The report also highlights a new generation of Swiss startups driving that shift. AI/ML already accounts for 23 percent of companies founded since 2021, almost double its previous share. Climate & Energy, Robotics and TechBio have each expanded at speed.. The strength of this cohort reflects a deeper pipeline forming at the intersection of academic excellence, local entrepreneurial talent, and increasing support from sector-focused investors.

The international visibility of these startups is growing rapidly, but local capital – particularly at the later stages – remains limited, creating both a challenge and an investment opportunity.

Investors are reallocating capital toward the next wave of AI-powered verticals. In 2024 almost one-third of all Swiss deep-tech funding went to AI-first startups, from generative protein design and industrial autonomy to foundation-model safety, tripling the share recorded in 2020. This funding surge is matched by a rising cohort of growth-stage companies such as Scandit, Distalmotion and Climeworks, underscoring Switzerland’s ability to turn lab breakthroughs into mission-critical products for Fortune 500 customers.

As Switzerland’s Deep Tech ecosystem matures, the report authors plan to deepen the dataset and track sector performance across key hubs including Zurich, Lausanne, Geneva, and Basel. As more Swiss Deep Tech startups reach scale, the goal is to give founders, investors, and policymakers a reliable view of progress – and a strong case for the country’s leadership in Deep Tech.

The full report is available for download here: https://deeptechnation.ch/resources/swiss-deep-tech-report-2025