How A Local Pharmacy Evolved Into An Industry Disruptor
The history of the pharmaceutical industry can be traced back almost 4000 years to Mesopotamia (now a region of Iraq), where the first recorded prescriptions were etched on clay tablets.
The Swiss venture capital ecosystem is thriving. After an exceptional first quarter of 2022, in which Swiss startups raised a record CHF 986 million in 112 key funding rounds, the pace of activity has not waned. According to the latest issue of Swiss Venture Insights, July 2022 has been a particularly active month. In 42 funding rounds, a total of CHF 528 million was raised, representing a significant increase over the previous year (CHF 147 million in 21 rounds). Fintech startups led the way, raising CHF 405 million. Three companies stood out: Wefox, VectivBio, and Stableton. Together, they accounted for 87.5% of the total amount raised during the month.
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