PolyTech Ventures

PolyTech Ventures SA is a venture capital firm based in Ecublens, Switzerland, specializing in seed, early-stage, and Series A investments. Established in 2008, the firm focuses on high-tech startups across various sectors, including fintech, digital health, cleantech, proptech, and life science tools and services. PolyTech Ventures primarily invests in Swiss companies but also considers opportunities in Europe and the United States. Initial investments typically range from CHF 0.1 million to CHF 0.5 million, with potential follow-on investments of up to CHF 2.5 million for promising businesses. The firm's strategic location near EPFL in Lausanne allows it to tap into one of the world's most dynamic innovation ecosystems, enhancing its ability to support impactful startups.

Alexander Fries

Founder

45 past transactions

Relai

Seed Round in 2022
Relai is a cryptocurrency investment mobile application that allows users in Europe to buy and sell Bitcoin quickly and easily. The platform distinguishes itself by eliminating the need for registration, verification, or deposits, thereby enabling users to engage in transactions without providing personal information. Additionally, Relai offers a non-custodial bitcoin wallet, ensuring that users maintain full control over their funds. The app also features an auto-invest option, designed with high-security standards, which further simplifies the investment process for users looking to invest in Bitcoin.

Earny

Seed Round in 2021
Earny operates a payroll management platform designed to streamline the payroll process for small business owners, entrepreneurs, and freelancers. The platform allows users to securely enter data into a centralized system, which automatically integrates into the payroll. It offers features for onboarding employees, tracking payroll changes such as hours worked and vacation time, and provides an accountant dashboard for effective client management. This enables users to efficiently manage payroll, ensuring accuracy across various employee scenarios.

Relai

Series A in 2021
Relai is a cryptocurrency investment mobile application that allows users in Europe to buy and sell Bitcoin quickly and easily. The platform distinguishes itself by eliminating the need for registration, verification, or deposits, thereby enabling users to engage in transactions without providing personal information. Additionally, Relai offers a non-custodial bitcoin wallet, ensuring that users maintain full control over their funds. The app also features an auto-invest option, designed with high-security standards, which further simplifies the investment process for users looking to invest in Bitcoin.

yamo

Series A in 2020
Yamo is dedicated to providing parents with healthier food choices for their children through its range of organic baby food products. The company's offerings serve as nutritious alternatives to junk food, catering to kids of all ages. Yamo operates a direct-to-consumer subscription model, allowing parents to conveniently receive products online. Additionally, its products are available in grocery stores, including Coop in Switzerland and select Edeka and Rewe locations in Germany. By focusing on quality and taste, Yamo aims to make it easier for parents to find and purchase wholesome food options for their children.

Car IQ

Series A in 2019
Car IQ Inc. is a San Francisco-based company that specializes in a cloud-based vehicle management platform and payment gateway tailored for auto dealer groups, car sharing services, and autonomous drivers. Founded in 2016, the company has developed an automotive-grade payment solution that allows vehicles to initiate payments directly to merchants without the need for credit cards. By leveraging telematics and vehicle data, Car IQ's platform provides detailed insights into fleet operations, enabling clients to monitor transactions and prevent fraud effectively. The platform integrates seamlessly with existing technologies, consolidates all transactions into a single ledger, and facilitates management of spending, customer service, and inventory.

Klarys

Venture Round in 2018
Klarys is a digital eProcurement platform tailored to address the unique challenges of the fresh food supply chain, including seafood. It serves various stakeholders such as suppliers, producers, central purchasing agencies, stores, wholesalers, and processors. The platform simplifies and digitizes the purchasing processes for fresh food, enhancing operational efficiency and ensuring data reliability from end to end. By facilitating real-time trading and logistics management, Klarys helps improve product quality and reduce costs for all participants. Its comprehensive solution is designed to support users in meeting corporate social responsibility commitments while optimizing their fresh food purchasing and performance management.

KiWi

Seed Round in 2018
KiWi provides micro-merchants with access to appropriate digital technology, thereby contributing to a fair and competitive market. Merchants can use their KiWi app to accept card and mobile payments, gain access to microcredit, and earn more money by selling additional KiWi services and products. KiWi was founded in 2014 and has offices in Switzerland and Mexico.

CodeCheck

Venture Round in 2017
CodeCheck AG is a Swiss company based in Zurich that has developed a smartphone application designed to help consumers make informed purchasing decisions. Founded in 2007, the CodeCheck app allows users to scan the barcodes of food and cosmetic products in Germany and the USA, providing detailed product descriptions, ingredient lists, and consumer reviews. It offers personalized ratings based on individual user profiles and the latest scientific research, catering to the growing demand for transparency regarding product ingredients and ethical standards. With a user base exceeding 3 million, CodeCheck taps into significant trends in conscious consumption and transparency. Additionally, the company has introduced Oeeda, a market research solution aimed at assisting manufacturers in understanding consumer preferences to drive innovation.

Nezasa

Series A in 2017
Nezasa is a developer of a travel optimization platform that enables travel brands to offer a comprehensive booking solution for multi-product and multi-stop itineraries. By combining the functionalities of a traditional travel agency with the efficiency of an online portal, Nezasa's tools facilitate seamless planning and real-time booking of personalized trips. Their TripBuilder feature allows users to create hyper-personalized travel packages, while TripBooster extends these capabilities to enhance in-destination upselling opportunities. The platform leverages standardized and customizable application programming interfaces hosted in a secure cloud environment, making it easy for tour operators and travel retailers to automate the customization and booking processes for their clients. With a focus on deep integration and an interactive user experience, Nezasa caters to large travel operators, providing them with enterprise-grade solutions to enhance their service offerings throughout the entire travel lifecycle.

Lunaphore

Series A in 2017
Lunaphore specializes in tumor analysis through innovative microfluidic chip technology, which allows for rapid and precise assays that surpass traditional methods. The company's platform facilitates the extraction of spatial proteomic and transcriptome data from tumors and other tissues, transforming standard assays into multiplex spatial biology with a user-friendly interface. This technology aids researchers in immunology, immuno-oncology, and neurology by identifying clinically relevant biomarker signatures, which support the development of diagnostic tools and streamline clinical trials. By improving the efficiency of cancer diagnostics and enhancing the accuracy of results, Lunaphore ultimately aims to contribute to better patient outcomes.

GlassIG

Seed Round in 2017
It is an independent software vendor. Our aim is to provide market leading and cost effective Information Governance for everyone. At They are proud of our mission to serve and inspire our customers to establish and operate an effective Information Governance solution.

Headnote

Seed Round in 2017
Headnote is a technology company that specializes in payment and accounts receivable automation software tailored for the legal industry. Founded in 2016 and headquartered in San Francisco, California, Headnote offers a platform designed to streamline the payment process for law firms, ensuring compliance with federal regulations and state laws. This software simplifies the payment experience, enabling law firms to receive payments significantly faster than the industry average, reducing the typical collection period from 60 to 94 days down to just 4 days. Additionally, Headnote automates the management of accounts receivable, replacing outdated manual processes with real-time dashboards that enhance payment tracking, analytics, and client satisfaction. By serving hundreds of law firms and collaborating with various legal software partners, Headnote aims to improve efficiency and profitability within the legal sector.

LEND

Series A in 2017
LEND is a peer-to-peer lending platform based in Switzerland, founded in 2015. The company connects investors with borrowers, facilitating transactions for private and small to medium-sized enterprise (SME) loans and mortgages. Through its online platform, LEND enables investors to finance borrowers directly, allowing them to build diversified portfolios by investing small amounts in multiple loans. This approach provides borrowers with access to low-interest loans while offering investors the opportunity to earn substantial returns on their investments.

Klarys

Venture Round in 2017
Klarys is a digital eProcurement platform tailored to address the unique challenges of the fresh food supply chain, including seafood. It serves various stakeholders such as suppliers, producers, central purchasing agencies, stores, wholesalers, and processors. The platform simplifies and digitizes the purchasing processes for fresh food, enhancing operational efficiency and ensuring data reliability from end to end. By facilitating real-time trading and logistics management, Klarys helps improve product quality and reduce costs for all participants. Its comprehensive solution is designed to support users in meeting corporate social responsibility commitments while optimizing their fresh food purchasing and performance management.

Car IQ

Seed Round in 2017
Car IQ Inc. is a San Francisco-based company that specializes in a cloud-based vehicle management platform and payment gateway tailored for auto dealer groups, car sharing services, and autonomous drivers. Founded in 2016, the company has developed an automotive-grade payment solution that allows vehicles to initiate payments directly to merchants without the need for credit cards. By leveraging telematics and vehicle data, Car IQ's platform provides detailed insights into fleet operations, enabling clients to monitor transactions and prevent fraud effectively. The platform integrates seamlessly with existing technologies, consolidates all transactions into a single ledger, and facilitates management of spending, customer service, and inventory.

Biowatch

Seed Round in 2017
Biowatch is a user-friendly wrist veins biometric reader that functions as a security solution for mobile payment protection and smart device interaction. Users can access the app for enrolling their vein pattern and selecting applications and devices that needs to be connected to their Biowatch, wear their BioWatch and activate it by matching their vein pattern with their enrolled reference, get PKI encrypted user code transmitted from their Biowatch, and start opening doors without the use of keys and passwords. Biowatch was launched by Joe Rice and Matthias Vanoni and is headquartered in Lausanne, Switzerland.

OneVisage

Seed Round in 2016
One Visage is a cyber security company that offers a digital identity platform for financial services, and identity and access management providers, and integrators and mobile operators. The company makes use of their proprietary 3DAuth digital identity technology that can be installed on any consumer mobile phone instead of the current password-based and biometric solutions. One Visage is found in 2013 and is based in Switzerland.

Altoida

Seed Round in 2016
Altoida AG is a healthcare company based in Lucerne, Switzerland, established in 2016, focused on developing a platform and application for assessing brain health, particularly in relation to Alzheimer's disease and dementia. The company aims to transform how brain function is measured and neurological diseases are diagnosed, utilizing smartphones and tablets. Its innovative approach leverages over 20 years of research in digital biomarkers, augmented reality, and artificial intelligence. Altoida's flagship product is a Computerized Cognitive Assessment Aid, which is classified as Class II and is exempt from the 510(k) process. This application employs machine learning algorithms to evaluate patients' cognitive and functional abilities, enabling early detection of Alzheimer's and facilitating timely intervention to improve patient outcomes. In recognition of its advanced technology, Altoida received FDA Breakthrough Device Designation in July 2021.

SmartWall (SwissPay)

Seed Round in 2016
SmartWall is a monetization platform for media and advertisers that drives engagement, loyalty, interactions and more revenue. SmartWall personalizes reader experience through differentiated customer journeys. It optimizes settings in real-time based on user engagement, traffic sources, type of content and many other data points. It provides publishers and media with a powerful marketing tool to understand and segment their audience to find each user's tipping point towards conversion. SmartWall allows publishers to sell digital content without any friction, on their website or their mobile applications. The SmartWall technology relies on Machine Learning algorithms, behavioral analysis and reading context to instantly select the best suited advertising, the proper price for news articles or the best subscription offer. SmartWall allows advertisers to boost engagement and interactions from users through an utmost advertising space.

Artmyn

Seed Round in 2016
Artmyn SA specializes in the digitization of visual artworks, offering a comprehensive platform that allows users to access high-quality digital representations of art through web browsers on various devices, including laptops, smartphones, and tablets. Founded in 2015 and based in Belmont-sur-Lausanne, Switzerland, the company utilizes a portable scanner to capture extensive data about artworks, ensuring accurate and detailed visualizations. Artmyn provides an array of services such as online galleries, interactive guided tours, educational resources, and conservation monitoring tools, catering to museums, galleries, auction houses, and both private and institutional collectors. By enhancing the art viewing experience, Artmyn facilitates greater transparency and engagement for art buyers and enthusiasts alike.

Weft

Seed Round in 2016
Much of the world's cargo travels from port to port and then on to rail and road in more than 20 million containers. Today only 77,000 containers are actively tracked. By 2016 this number is expected to increase to 1 million. Through the Weft platform, which integrates with Weft sensors as well as sensors from other providers, and with ERP and CRM systems, users log in to get the current status and to set alerts for out-of-bounds conditions (location, temperature, moisture, shock/vibration) and stages completed. Through predictive analytics, Weft takes the current location and planned route of all shipments on the platform and combines this information with historical data to identify likely bottlenecks and alert shippers to potential problems before they occur. Shippers can then adjust routes and schedules to increase the likelihood of on-time delivery. Weft is available through ERP providers, telecommunications companies, and shipping and logistics companies. The company is participating at SAP TechEd in Las Vegas on October 21, 2013. More information about Weft is at http://weft.io and via e-mail to hello@weft.io.

Inpher.io

Seed Round in 2016
Inpher, Inc. is a New York-based company that specializes in secret computing technology, focusing on privacy-preserving analytics and machine learning. Established in 2015, Inpher has developed a unique platform that allows users to perform data searches and analytics without exposing sensitive information to cloud service providers. Its innovative Secret Computing™ technology enables businesses to analyze and process private data securely while maintaining compliance with privacy regulations. This technology facilitates confidential data management, search, and sharing of encrypted content without revealing any details to untrusted servers. By providing a secure framework for cloud services, Inpher empowers organizations to leverage their data for insights and monetization while ensuring that privacy and security remain paramount.

Klarys

Seed Round in 2016
Klarys is a digital eProcurement platform tailored to address the unique challenges of the fresh food supply chain, including seafood. It serves various stakeholders such as suppliers, producers, central purchasing agencies, stores, wholesalers, and processors. The platform simplifies and digitizes the purchasing processes for fresh food, enhancing operational efficiency and ensuring data reliability from end to end. By facilitating real-time trading and logistics management, Klarys helps improve product quality and reduce costs for all participants. Its comprehensive solution is designed to support users in meeting corporate social responsibility commitments while optimizing their fresh food purchasing and performance management.

Ava

Series A in 2016
Ava is a company that focuses on enhancing women's health by providing tools for understanding their reproductive cycles and overall well-being. It offers a wearable medical device that includes a sensor bracelet paired with a mobile application and advanced backend technology. This system utilizes self-learning algorithms to monitor hormonal changes, accurately track ovulation, and identify potential health issues. By delivering reliable data related to fertility, pregnancy, and menopause, Ava empowers women to make informed decisions about their health and maximize their physical and emotional potential.

Flowcast

Seed Round in 2016
Flowcast Inc. is a technology company based in San Francisco, California, with an additional office in Singapore, founded in 2015. It specializes in designing and developing machine learning algorithms to create predictive models that assist financial institutions in making informed credit decisions. The company offers several solutions, including Smartcredit for detailed company information, Smartclaims for automating the deduction claims process, and Tillful, which provides credit scores and access to credit offers. Flowcast's models assess various risk factors, such as a business's ability to repay loans, the likelihood of dilution, and the risk of delinquency. By leveraging proprietary and alternative data, its API-based solutions enable real-time updates and monitoring of borrower risk assessments, providing clear insights into creditworthiness and repayment behaviors. Flowcast serves a diverse clientele, including corporations, financial institutions, and insurance providers.

DomoHealth

Series A in 2016
Domo Health is a Swiss company transforming healthcare through its innovative digital health platform that connects patients to their local care environment. Powered by real-world data and AI, we enhance personalized and preventive care at home. With our SaaS clinical platform, domo.health, we monitor patients' conditions, offer safety solutions, and empower professionals to make informed decisions. Together, we're shaping a future focused on safer and healthier in-home experiences.

CodeCheck

Venture Round in 2016
CodeCheck AG is a Swiss company based in Zurich that has developed a smartphone application designed to help consumers make informed purchasing decisions. Founded in 2007, the CodeCheck app allows users to scan the barcodes of food and cosmetic products in Germany and the USA, providing detailed product descriptions, ingredient lists, and consumer reviews. It offers personalized ratings based on individual user profiles and the latest scientific research, catering to the growing demand for transparency regarding product ingredients and ethical standards. With a user base exceeding 3 million, CodeCheck taps into significant trends in conscious consumption and transparency. Additionally, the company has introduced Oeeda, a market research solution aimed at assisting manufacturers in understanding consumer preferences to drive innovation.

Qwil

Seed Round in 2016
Qwil provides individual contractors, freelancers, and small businesses with financial tools and solutions. It offers an application that enables its users to manage and spend their earnings through their Qwil debit card. Qwil also enables its users to earn and spend money before they are paid for their services. The company was founded in 2015 and is based in San Francisco, California.

Kwik

Seed Round in 2016
Kwik operates an Internet of Things (IoT) platform that connects retailers, brands, and service providers directly to consumers, facilitating repetitive purchases. The platform supports a range of products and services, allowing businesses to sell items such as diapers, pet food, and fast food directly to customers. Additionally, it offers solutions for service providers, including transportation, parcel delivery, and home care. Kwik's platform integrates seamlessly with existing ordering systems and various delivery and payment services. It also features a dashboard for users to monitor key performance indicators, such as total clicks, orders, and conversion rates, enabling data analysis by product, category, and geography. Kwik is headquartered in Tel Aviv, Israel.

LEND

Seed Round in 2016
LEND is a peer-to-peer lending platform based in Switzerland, founded in 2015. The company connects investors with borrowers, facilitating transactions for private and small to medium-sized enterprise (SME) loans and mortgages. Through its online platform, LEND enables investors to finance borrowers directly, allowing them to build diversified portfolios by investing small amounts in multiple loans. This approach provides borrowers with access to low-interest loans while offering investors the opportunity to earn substantial returns on their investments.

CloudGuide

Seed Round in 2016
CloudGuide unites ALL sites in a SINGLE app with OFFICIAL content and multimedia guides, creating a long-lasting customer experience for the visitor and boosting engagement with the site. We invite museums, parks, monuments, art galleries and other tourist attractions join the CloudGuide platform to create an interactive experience for the visitors through a mobile app.CloudGuide is a perfect solution to save money, attract more visitors, drive sales and engage the audience. CloudGuide has worked with over 1000 sites, has received the Seal of Excellence of the EU, is the official digital partner of the Spanish Ministry of Culture and Sport and is Techstars Alumni. Received recognition from Booking.com Booster, UNWTO, European Digital SME Alliance, ICEX and others.

Wheelhouse

Seed Round in 2016
Wheelhouse is a business intelligence platform that helps turn the hosts & owners into superheroes. We're proud that thousands of hosts & owners have used our flagship product, data-driven pricing, to earn significantly more revenue from their business. We're a team of YC alums, data science PhD's, hedge fund engineers, product evangelists, and hustlers. Our teams core values are "empowered together" and "seriously fun". We think that captures the mood & values of a team that works exceptionally well together, pushes the envelope, and is not against cracking a beer together around 5pm on Friday. See more team members here: - https://angel.co/usewheelhouse - https://www.usewheelhouse.com/about-us

Akka

Series C in 2016
Akka is a platform to build and run apps that are elastic, agile, and resilient. Industry titans and disruptors rely on Akka when application responsiveness must be guaranteed. Engineering teams use a simple SDK and powerful libraries to build transactional, durable, and real-time services that distribute logic and data together. Operations are fully automated in serverless and BYOC environments, and a self-hosted option is available.

Beekeeper

Seed Round in 2016
Beekeeper is a mobile communication platform designed specifically for non-desk employees, facilitating real-time messaging and targeted communication across various shifts, locations, and languages. By integrating operational systems and communication channels into a single secure hub, Beekeeper enhances employee engagement and retention while automating processes and minimizing reliance on paper. The platform enables frontline workers to access essential resources such as schedules and paystubs, share files, and assign tasks through group chats or predefined streams. With accessibility from both desktop and mobile devices, Beekeeper empowers organizations to improve productivity and streamline workplace operations effectively.

Inpher.io

Seed Round in 2016
Inpher, Inc. is a New York-based company that specializes in secret computing technology, focusing on privacy-preserving analytics and machine learning. Established in 2015, Inpher has developed a unique platform that allows users to perform data searches and analytics without exposing sensitive information to cloud service providers. Its innovative Secret Computing™ technology enables businesses to analyze and process private data securely while maintaining compliance with privacy regulations. This technology facilitates confidential data management, search, and sharing of encrypted content without revealing any details to untrusted servers. By providing a secure framework for cloud services, Inpher empowers organizations to leverage their data for insights and monetization while ensuring that privacy and security remain paramount.

Saphetor

Seed Round in 2016
Saphetor SA, founded in 2014 and based in Lausanne, Switzerland, specializes in data-driven solutions aimed at enhancing diagnostics and therapy selection for cancer and challenging medical conditions, including rare diseases and cognitive impairments. The company's flagship platform, VarSome, serves as a comprehensive resource for human genome data, offering extensive variant analyses that assist healthcare professionals in accurately identifying genetic causes of diseases. By facilitating the selection of targeted therapies, stratifying patients for clinical trials, and supporting drug development through sub-population analysis, Saphetor plays a critical role in modern precision medicine. Its technology also aids in the discovery and validation of new drug targets and biomarkers, significantly improving patient outcomes and healthcare practices globally.

NetGuardians

Series B in 2014
NetGuardians SA is a software company that specializes in fraud prevention and risk mitigation solutions for the banking and financial services sectors. Founded in 2007 and based in Yverdon-les-Bains, Switzerland, with additional offices in Nairobi, Warsaw, and Singapore, the company utilizes big data and behavioral analytics to address various fraud challenges, including mobile banking and identity theft. Its key offerings include FraudGuardian, which provides predefined controls for continuous auditing of user behavior across multiple channels, and RiskGuardian, an automation tool for compliance that features regulatory templates, automated updates, and reporting capabilities. NetGuardians serves a diverse clientele, including CIOs, CISOs, internal auditors, and compliance professionals, primarily in Europe, the Middle East, Asia, and Africa, and distributes its products through resellers.

Seevibes

Seed Round in 2014
Seevibes, founded in 2011 and headquartered in Montreal, Canada, specializes in audience intelligence to enhance performance marketing across multiple devices and advertising networks. The company offers services that include a comprehensive Audience Management Platform, which integrates customer and proprietary audience data to optimize digital campaign performance. Its Engagement Graph maps social media interactions, providing insights through natural language processing, profile enrichment, geo-profiling, machine learning, and brand affinity metrics. Initially focused on social TV analytics, Seevibes has expanded its capabilities and geographic reach, developing unique technologies to enrich social media profiling and target specific audiences effectively. By analyzing billions of data points related to TV viewers' engagement, Seevibes aims to assist brands and media agencies in creating tailored marketing strategies that enhance the effectiveness of social media advertising campaigns.

BugBuster

Series A in 2013
BugBuster is a Switzerland-based startup that originated as a spinoff from the Operating Systems Laboratory at EPFL. The company aims to revolutionize application testing by minimizing the dependence on manually written test cases. By utilizing code analysis, BugBuster seeks to automate the testing process, significantly reducing the effort required for testing applications. Additionally, the company offers smart automated testing for websites and web applications through a cloud-based platform, enhancing efficiency and accuracy in the testing workflow.

SmallRivers

Venture Round in 2013
SmallRivers develops web services that are facilitating the interconnection of people around shared interests. SmallRivers is a privately held startup incorporated in Switzerland (Lausanne) and located on the Swiss Federal Institute of Technology EPFL campus, Scientific Park.

Akka

Series B in 2012
Akka is a platform to build and run apps that are elastic, agile, and resilient. Industry titans and disruptors rely on Akka when application responsiveness must be guaranteed. Engineering teams use a simple SDK and powerful libraries to build transactional, durable, and real-time services that distribute logic and data together. Operations are fully automated in serverless and BYOC environments, and a self-hosted option is available.

Abionic

Series A in 2012
Abionic SA is a Swiss company specializing in nanotechnology-based diagnostic solutions aimed at enhancing medical diagnosis. Founded in 2010 as a spin-off from the Swiss Federal Institute of Technology Lausanne (EPFL), Abionic has developed the abioSCOPE platform, which enables rapid testing of patients' allergy profiles using just a single drop of blood. This innovative platform includes a reader for nanofluidic sensors and a smartphone application, facilitating both clinical laboratory use and point-of-care testing. Abionic's products are designed to assist healthcare professionals in diagnosing and screening various medical conditions, particularly in the realms of allergy and sepsis. The company is ISO 9001/13485 certified, demonstrating its commitment to quality management in the development and commercialization of in vitro diagnostic devices. With strategic support from various Swiss institutions, Abionic aims to become a significant player in personalized medicine on an international scale. The company is headquartered in Lausanne, Switzerland.
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