27 new start-ups founded at ETH Zurich in 2018
Many start-ups develop novel solutions for unmet medical needs
In 2018, the EIT Health Associate Partner ETH Zurich achieved a new record high for the number of spin-offs founded: a total of 27 founding teams took the plunge into independence.Eight spin-offs from various fields are developing products for the medical sector. For example, some of the young founders are working on a new method of root canal treatment, others on an easy-to-handle and inexpensive PET scanner for the early detection of Alzheimer’s.
In the course of the digital transformation, artificial intelligence will also become increasingly important: six of the new companies are working with machine learning methods. The spin-off Scailyteis developing a software that can analyse patterns in huge volumes of data from individual cells and link them to various diseases. This could significantly improve the early detection of a whole range of diseases, such as cancer. The fact that so many of the new spin-offs are focused on the fields of medicine and data science is unsurprising, as these are two of ETH Zurich’s main focus areas.
All ETH spin-offs at a glance
Since 1996, 407 spin-offs have been established at ETH Zurich. An overview can be found on the spin-off website. Recognised ETH spin-offs are supported by ETH transfer, the technology transfer office at ETH Zurich, with advice, licensing of ETH technologies and contacts. With the help of the Pioneer Fellowship Programme, young researchers can develop innovative products or services based on their academic work at ETH Zurich. The Innovation and Entrepreneurship Lab(ieLab) brings together young ETH talent and experienced industry entrepreneurs.
Find the full press release here: https://www.ethz.ch/en/news-and-events/eth-news/news/2019/01/eth-spin-off-machine-running-at-full-speed.html