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Medtech startups in the Basel Area

Medtech startups in the Basel Area (2024 updated).

With decades of expertise in healthcare and mechanics, the Basel Area has become a sought-after location for medtech startups.

Read on to discover promising medtech startups and companies from the region, meet our in-house medtech expert Florian Saner and learn about our accelerator for medtech startups.

Talk to Florian.

About the medtech industry.

Medtech companies focus on developing and producing medical devices, instruments and equipment to diagnose, treat and prevent disease.

A great example is Biosynex, a key player in the COVID-19 pandemic. Biosynex develops rapid and PCR tests, which are exported to over 70 countries.

The medtech industry is a fascinating world with a vital impact on people’s health. But it’s also a complicated space to navigate in, especially for startups. Critical challenges for ventures include funding, regulatory hurdles, clinical validation, market access and reimbursement pathways.

To generate value for investors, IP rights are generally considered the most important asset for medtech entrepreneurs. To protect them properly, entrepreneurs need IP and legal counsel from the get-go. Also read about IP protection for startups.

At national level, the Swiss medtech industry is booming. Over the last two years alone, it has created over 4,500 new jobs. More than 1% of the Swiss population is now employed in medtech – that makes more than 67,500 people. The industry’s revenue in 2021 was around CHF 20.8 billion, exceeding the average of the last ten years.

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Three central questions around medtech.

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What does the term medtech mean?

Medtech is short for medical technology. It encompasses every product, service or solution using technology to improve people’s health by preventing, diagnosing, monitoring and treating disease.

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What are common challenges in medtech?

The most common challenge for any medtech startup is funding. The journey from developing a product towards market launch is costly, particularly in terms of clinical studies and, more generally, quality and regulatory matters. Intellectual property (IP), like the team that makes up the startup, are often a medical technology startup’s greatest asset. Protecting IP becomes an essential priority.

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Why is the Basel Area Europe’s medtech hub?

The Basel area is home to many major players in the medtech industry, such as Roche Diagnostics, Straumann Group and Medartis, as well as numerous SMEs and startups. The Basel Area, and especially the canton of Jura, also boasts a long tradition in the watchmaking and highly skilled subcontracting industries, which enable complex products to be processed using very specific materials. 

Promising medtech startups in the Basel Area (in 2023).

The Basel Area has been known for its expertise in producing small and technical components for the machinery and watch-making industries for decades. Cumulated with the know-how to work with complex materials, it is therefore not surprising that the Basel Area emerged as a medtech hub in Europe.

The region has brought forward many innovative startups. We introduce you to some of the promising medtech startups that we have recently supported.

Bottneuro AG.

Digital solutions for Alzheimer’s patients.

Bottneuro develops custom made, personalized tES and EEG caps. The venture aims to become the leading custom-made device provider of diagnosis and treatment of neurological diseases using digital biomarkers, brain imaging and neuromodulation technologies.

Nutrix AG.

Non-invasive glucose monitoring device with saliva.

Nutrix leverages cutting-edge technology, artificial intelligence and remote monitoring to deliver holistic support for patient prevention, management and monitoring. Their core mission centers on elevating patient welfare, improving life quality and fostering longevity. Nutrix offers programs for weight loss, preventive care and diabetes management.

We started with a course on building a company in Switzerland with Basel Area Business & Innovation and took full advantage of the many opportunities that have been offered to us since: During the Venture Mentoring we worked with an IP expert, which was key for us. We pitched at the DayOne Conference and were chosen to take part in the DayOne Accelerator.
Being introduced to the expert network through Basel Area Business & Innovation was an important door opener for Nutrix. I am neither from Basel nor from Switzerland, yet we found an amazing ecosystem and all the support is in place.

Maria HahnFounder Nutrix

MOMM Diagnostics GmbH.

Point-of-care tests (POCT) for preeclampsia.

MOMM Diagnostics develops a rapid test to diagnose preeclampsia precisely. This pregnancy disorder can harm the mother and child and affects up to 8% of all pregnancies. With only a drop of blood, the biosensor detects preeclampsia more time and cost-efficiently than today’s methods.

Incaptek GmbH

Microcontainer film and microcapsules with a controlled release function.

Incaptek is pioneering novel materials to the market. Its cutting-edge technology produces novel advanced materials for a variety of industries, from biotech to electronics. The material called microcontainer film can be used as a drug-eluting coating with a controlled drug-release function for medical devices or as a next-generation dielectric material with exceptional physicochemical properties.

How DayOne supports medtech startups.

Building the next generation of health tech ventures.

DayOne Tech connects startup, academic, corporate, government, payor and individual interests to address complex issues while keeping the patient’s well-being at the center.

It’s the ideal space for medtech entrepreneurs to build a strong network and serve healthcare needs together with like-minded individuals and companies. Take part in a lively community, regular events and conferences, expert discussions and workshops.

  • Non-dilutive funding. Receive up to CHF 100’000 (in cash and in kind) of non-dilutive funding to bring your prototype to the next level. We will also coach you to benefit from additional non-dilutive funding, which may be available to you – for example from the Canton of Jura.
  • Personalized coaching. Benefit from up to 150 hours of world-class coaching and mentoring to bring your prototype to the next level.
  • Networking. Be part of a strong ecosystem bringing academic partners, corporations, startup founders, and hospitals together. Read also our comprehensive guide to the Switzerland startup ecosystem.
  • Visibility. Pitch your project at local, national, and international events (Medtech Congress, BOOM summit, etc.) to gain traction and help your startup to raise funds and identify additional strategic partners.
  • Space. Join us at the Switzerland Innovation Park in Jura and work alongside entrepreneurs, coaches, and field experts with all the office space essentials you may need.
  • Tailored training. Join our specific training and education events to reinforce your knowledge.

2 examples of medtech startups accelerated by DayOne Tech.

In August 2022, we launched our accelerator for medtech startups in the canton of Jura.

Each of the startups receives a free IP and regulatory gap analysis to kick things off. From there, we develop a plan together to fill those gaps over the next 12 months. Then we connect the startups with research institutes and coaches and help them secure funding. We also provide free office space.

Meet two more medtech startups that embarked on a year-long acceleration program with DayOne Tech in the canton of Jura.

CNS Therapy.

CNS Therapy aims to alleviate chronic pain and disease and improve the quality of life through a combination of operant behavioral therapy and a patented device called Systolic Extinction Training (SET) — no medication, surgery or implants required.

Moonlight AI.

Moonlight AI, headquartered at Switzerland Innovation Park Basel Area – Jura, aims to improve access to genomic information used in personalized medicine for cancer treatment. With artificial intelligence and computer vision, Moonlight AI identifies genomic abnormalities from blood or bone marrow samples, which can help hematologists choose the best treatment for individual cancer patients at various stages.

Florian Saner, Manager DayOne Tech Accelerator.

Florian holds degrees in finance and corporate strategy from renowned institutions such as HSG St-Gallen, HEC Lausanne, Harvard Business School and the London School of Economics. He has worked on M&A projects for the medical sector and has realized over 25 million in startup acquisitions and technology transactions. Florian is also an entrepreneur and teaches commercial negotiation to Bachelor students at the He-Arc Neuchâtel. He now runs the DayOne Tech accelerator, helping startups on their path to success.

If you're looking to connect with the medtech industry in the Basel Area and Jura region for idea and insight exchange, feel free to reach out to me.

Florian SanerManager DayOne Tech Accelerator

-> Learn more and apply

Did you know why the canton of Jura is a great place to locate medtech activities?
The canton of Jura boasts the highest density of medtech suppliers in Switzerland per 1,000 inhabitants, making it an ideal location for medtech activities. Thanks to its rich history in watchmaking, the Jura region has developed expertise in producing small and intricate components using difficult materials, making the necessary skills readily available in the area. New and established medtech companies have no trouble finding suppliers and partners.

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More medtech companies to watch

The Basel Area has been a fertile ground for medtech companies for years. Innovative firms, big and small, built their successful ventures from here.

Straumann.

Pioneering dental solutions with cutting-edge technology.

The Straumann Group is a global implant, restorative, and regenerative dentistry leader. Founded in Switzerland in 1954, the company has since expanded its reach to over 100 countries. The Straumann Group offers a wide range of products and solutions for dental professionals, including dental implants, abutments, orthodontics, and digital dentistry. With a strong focus on research and development, the company is committed to advancing the field of dental medicine and improving patient outcomes.

Medartis.

Advancing orthopedic surgery with innovative implant solutions.

Medartis is a leading manufacturer of innovative implant solutions for orthopedic surgery. The company emerged from Straumann. It’s headquartered in Basel and offers a comprehensive range of products for hand, wrist, elbow, shoulder, and foot surgery. Medartis is committed to advancing orthopedic medicine through the development of high-quality and reliable implants that are designed to meet the unique needs of each patient. With a strong focus on innovation and precision, the company works closely with surgeons and medical professionals to provide cutting-edge solutions that improve surgical outcomes and enhance patient recovery. Medartis currently operates in over 50 countries worldwide. 

Roche Diagnostics.

Roche Diagnostics: Innovating global healthcare solutions .

Roche Diagnostics offers cutting-edge diagnostic solutions encompassing clinical chemistry, molecular diagnostics, and point-of-care testing. Their innovations enhance disease detection, monitoring, and management, contributing significantly to improved patient outcomes and healthcare efficiency on a global scale. 

Biosynex.

Rapid diagnostic tests. 

Bien-Air Medical Technologies develops, manufactures, and markets instrumentation devices and systems across multiple dental and surgery specialities. The company operates eight subsidiaries from its Bienne, Switzerland headquarters and is backed by a solid network. 

Bien-Air

Leader in dental micromotors and medical solutions for surgery. 

Bien-Air Medical Technologies develops, manufactures, and markets instrumentation devices and systems across multiple dental and surgery specialities. The company operates eight subsidiaries from its Bienne, Switzerland headquarters and is backed by a solid network. 

Artidis AG.

Nanotechnology tool for cancer diagnosis and treatment.

ARTIDIS builds biochemical sensors that analyze cancer tissue. The sensor differentiates between benign and malignant tissue in under 3 hours. It calculates the aggressiveness and the probability of metastases. In addition, the company provides ARTIDISNET, a platform for patients and doctors to store medical history and test results.

Inura Medical AG.

Targeted treatment options for women’s urological diseases.

Inura created a new innovative way of drug administration to treat diseases of the bladder and lower urinary tract. It’s a patient-friendly and local treatment for an overactive bladder.  It’s expected to have fewer side effects than common methods. The product is in clinical studies at the moment.

HighDim GmbH.

High-performance and quality multimodal data processing solutions.

HighDim co-designs solutions for signal or image processing requiring high-performance computing. The focus lies on medical imaging, like computer tomography. HighDim also offers the use of its cloud computing infrastructure.

Mabritec AG.

Mass-based rapid identification technologies.

Mabritec specializes in the identification of microorganisms and the characterization of biological systems using mass spectrometry. This is often needed, especially in medical microbiology.

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