9 Swis Startup Founders to Watch in 2025
In Switzerland, the world’s most innovative country (again), innovation never sleeps.
Even if the world doesn’t pay attention.
While big names like Revolute, Klarna, Spotify and Wise capture headlines and continue to grow, another generation of Swiss startups is coming along.
Who is leading them?
Founders - of course.
Here are 9 Swiss founders that have a good chance of hitting the news in 2025…and beyond.
Samuel Mueller – Scandit
Co-founder and CEO of Scandit, a company specializing in mobile computer vision and barcode scanning solutions. Under Mueller's leadership, Scandit has expanded its smart data capture technology across various industries, including retail, healthcare, and logistics, serving over 1,700 global customers.
Scandit raised $150 million in Series D funding in February 2022, achieving unicorn status.
Cyrus Fazel – SwissBorg
Co-founder and CEO of SwissBorg, a cryptocurrency wealth management platform. Fazel has been instrumental in growing SwissBorg's community to over 280,000 users, managing assets exceeding $1 billion, and introducing innovative features like the Smart Yield Wallet for enhanced user engagement.
SwissBorg closed a €20 million Series A round in April 2023.
Olivier Gaudin – SonarSource
Co-founder and CEO of SonarSource, which develops open-source software for continuous code quality and security. SonarSource supports over 400,000 organizations worldwide, providing tools that detect maintainability, reliability, and vulnerability issues across multiple programming languages.
SonarSource has secured significant funding, including a $45 million investment in 2016.
Philippe Sahli – Yokoy
Co-founder and CEO of Yokoy, which automates corporate expense management using AI. Sahli has overseen Yokoy's growth to serve over 700 global clients, including companies like Breitling and Austria Airlines, streamlining their expense processes and reducing costs significantly. Yokoy raised $80 million in Series B funding in 2023.
Paulina Grnarova – DeepJudge
Co-founder and CEO of DeepJudge, an AI-powered search tool for legal teams. DeepJudge has been used by prominent law firms such as Lenz & Staehelin and Homburger, enhancing efficiency in legal document search and retrieval. DeepJudge secured $10.7 million in seed funding in June 2024.
What are Swiss startups doing every day?
The Swiss Insider tracks the ongoing developements in Swiss business - including startups - while the world focuses on other (less interesting) things…
Moritz Futscher – BTRY
Co-founder of BTRY, developing resilient and fast-charging batteries. In January 2024, BTRY secured CHF 900,000 in pre-seed funding from High-Tech Gründerfonds (HTGF) and Zürcher Kantonalbank. This investment is being utilized to develop the first generation of products on a pilot line, aiming to demonstrate scalability and attract further investment.
Thomas Krapf – Riskwolf
Co-founder of Riskwolf, offering AI-based parametric insurance solutions. Founded in 2019, Riskwolf enables insurers to build and operate parametric insurance products that provide rapid payouts for digital risks, such as internet downtimes and outages. In May 2023, Riskwolf secured a CHF 1.6 million grant from the Swiss Accelerator program by Innosuisse.
Maximilian Groth – Decentriq
Co-founder and CEO of Decentriq, creating secure data-sharing environments. Organizations like Publicis Groupe and the Swiss National Bank have used Decentriq to collaborate securely on data through Decentriq's data clean rooms, ensuring compliance and data privacy.
Decentriq has raised more than $21 million, including a $15 million Series A round led by Eclipse Ventures.
Julian Senoner – EthonAI
Co-founder and CEO of EthonAI, a startup utilizing artificial intelligence to enhance manufacturing efficiency.
EthonAI has developed a Manufacturing Analytics System (MAS) that leverages AI to enhance production efficiency and quality control. The platform is utilized by Siemens, Lindt & Sprüngli, and Roche, to detect defects, optimize processes, and reduce waste.
In May 2024, EthonAI secured $16.5 million in a Series A funding round led by Index Ventures, with participation from General Catalyst, Earlybird, and Founderful.