New report names Switzerland as a deep tech powerhouse as start-ups generate more than $100 billion in value

A new report has named Switzerland as a leader in the Deep Tech space, with Swiss universities ETH Zurich and EPFL said to be second only to the UK’s Oxford and Cambridge.

The Swiss Deep Tech Report 2025, published by Deep Tech Nation Switzerland Foundation, argues that Switzerland has become one of the world’s most advanced Deep Tech ecosystems, despite the focus on hubs in California, Berlin and Paris.

The report says that Deep Tech companies in the country have created more than $100 billion in combined enterprise value. Between 2019 and 2025, Switzerland has allocated 60 percent of its total venture capital into Deep Tech - the report claims this is more than any other country.

Two of the top universities creating Deep Tech spinouts in Europe are ETH Zurich and EPFL, both are just behind Oxford and Cambridge in the UK. 

"Switzerland has long excelled in fundamental research, but we believe the next decade belongs to the scientists and engineers who turn that research into global companies," says Alex Stöckl, Founding Partner at Founderful. "This report is about making that transformation visible - about telling the story of Swiss Deep Tech in hard data and positioning it clearly on the world stage. Founderful is proud to lead that effort."

In 2024, nearly one third of all Deep Tech funding in Switzerland was allocated to AI-first start-ups. Chris Keller, Managing Director Central Europe at AWS, adds: "Switzerland stands at the forefront of global AI innovation, leading with the highest AI patents per capita and one of the most dynamic startup ecosystems."

The report’s authors plan to deepen its dataset and track sector performance across key hubs including Zurich, Lausanne, Geneva, and Basel.