Swisspreneur Show

Swisspreneur
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Jul 12, 2023 • 30min

EP #330 - Deana Mohr-Haralampieva: Tissue Engineering to Solve Incontinence

Timestamps: 03:22 - Swiss women in STEM 08:10 - The high demand for incontinence testing 10:07 - Positive feedback from trials 15:29 - The challenges when conducting trials 20:17 - Funding difficulties About Deana Mohr-Haralampieva:  Deana Mohr-Haralampieva is the CEO & co-founder at MUVON Therapeutics, a groundbreaking startup developing a therapeutic platform for the regeneration of skeletal muscle tissue. With a background in radiopharmaceutical sciences, tissue engineering, and STEM cell therapies, Deana has extensive research experience, including a Master of Science in Cellular and Molecular Biology from the University of Konstanz, and she continued to focus on tissue repair therapy with a Ph.D. from ETH. She boldly transitioned into the startup world, driven by her passion for bringing innovative solutions to life. MUVON Therapeutics was originally  a life science spin-off  from the University of Zurich developing a therapeutic platform for regenerating skeletal muscle tissue based on autologous cells, repairing damaged tissue, and increasing the regenerative potential of weakened muscles. Their initial area of focus  was the treatment of stress urinary incontinence in women, supporting them respectfully throughout their journey to a healthier and better quality of life.  The societal challenges surrounding women in STEM fields are a constant obstacle for female founders in these fields. The need for increased female representation and dispelling stereotypes is as relevant as ever, as Deana herself has encountered misconceptions about her work, but she has also experienced firsthand the progress made in this regard, witnessing a positive shift in the number of women joining STEM courses. The goal for MUVON Therapeutics is to continue making strides in regenerative medicine and open up trials for more varied groups of women to have access to this therapy, and to also make it accessible for men. The long-term goal would be international reach by expanding to the US and the rest of Europe. Memorable quotes: "Pharma can be a scarier world than the startup world, but our project was already on the go, so we decided to stay onboard and see it through: and here we are!" "Seeing the muscle fibers twitching in the lab, I knew this would work, and we decided to make it happen." Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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Jul 5, 2023 • 41min

EP #329 - Péter Fankhauser: Robotics as a Service

Timestamps: 01:23 - Choosing robotics as his career 08:06 - Building a customer base 17:28 - How AI is used in robotics 19:47 - What does RaaS entail? (Robotics as a Service) 32:17 - How to raise money in a tricky economy About Péter Fankhauser: Péter Fankhauser is the CEO and co-founder at ANYbotics, a robotics company that develops autonomous robots for industrial inspections. He started his robotics journey at ETH Zurich, receiving a Master's and Ph.D. in Robotics. The idea for the company was ignited by a project he worked on during his time at ETH. ANYbotics has crafted two types of business models: the first is Robots as a Service (RaaS), which allows customers to hire a robot with comprehensive hardware, software, and service support within the inspection space, and the second is for customers who opt to purchase the robot and software as a lifetime license. This approach varies based on geographical factors and budget allocation strategies. Regardless of the chosen model, ANYbotics focuses on enabling customers to optimize their workforce and allocate human resources to value-adding, creative, and decision-making activities. Notably, the concern that robots will replace the human workforce is not really relevant in this specific industry, since the jobs performed are so hazardous that not many human workers are currently willing to perform them at all. An added benefit to switching to robots, besides human safety and well-being, is the improved accuracy in gathering data. ANYbotics' customers have discovered another unexpected benefit of incorporating robots into their operations – recruitment. By showcasing their use of cutting-edge robotics, companies attract young talent by offering the opportunity to become plant operators and robotics operators. This unique selling point highlights the innovative nature of the work environment and adds an attractive dimension to the job. It's a testament to the fact that robotics is not about replacing people but empowering and collaborating with them. Péter and his team at ANYbotics recognize that their vision has a global reach. With the high entry barriers and immense potential of the robotics industry, their ambitions lie in becoming international leaders in the field. By striving to be the best globally, ANYbotics aims to drive down costs, expand its reach, and support customers globally. The goal is to establish a sizable company capable of meeting the demands of thousands of robots, ultimately positioning ANYbotics as a world leader in the industry. From robotics as a service to attracting talent through its cutting-edge technology, ANYbotics continues to disrupt the industry while maintaining a robust partnership approach, hoping to witness international success and perhaps even do an IPO. Memorable quotes: “I was always building things when I was a kid, and all I would think was, ‘how can I help people with this, market this and get it out into the world?’ ’’ “We decided we wanted to be a product and robotics solution company versus a research company, and part of that is really understanding the customer problem.” Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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5 snips
Jul 2, 2023 • 47min

EP #328 - Cédric Waldburger: Extreme Traveling, Calculated Investing

Timestamps: 8:17 - The great 24 hour adventure  15:15 - Dealing with the crypto dip 18:52 - How to handle market collapse  25:55 - The impact of inflation when holding cash  39:05 - Advice for investing in uncertain times  About Cédric Waldburger: Cédric Waldburger describes himself as a startup investor, an essentialist, and an explorer, and from a young age he knew he wanted to start his own ventures: his first was at 14. He went on to get a degree in Electrical Engineering from ETH Zurich. He has built and sold companies in various creative, consumer, and blockchain spaces, giving him a wealth of experience. In 2020 he co-founded Tomahawk, which provides early-stage venture investments to Web3-focused entrepreneurs. A true digital nomad and adventurer at heart, Cédric decided to fulfill his childhood dream: after spending a lot of time reading the Guinness world book of records, he set his sights on one of the challenges, which was to travel to as many countries as possible in 24 hours. He succeeded by going to 32 countries. This adventurous but calculated spirit comes across in his investment style, which follows a system that values consistency and structure, and always investing with intuition versus emotion.   He is continually assessing the markets and predicting where he can. Still, he doesn’t let it worry him anymore – he focuses on building long-term and trusts that keeping an eye on things, building relationships, and trusting his gut is enough to manage his investments well and hopefully get into real estate in the future. Real estate excites him because the investment opportunities are always increasing and rarely decrease, and thus it’s an industry that’s fundamentally longer term. Memorable quotes: “It can be dangerous to get FOMO when you’re an investor” “Avoid buying when prices are high and selling when they’re low. Don’t let emotions distract you” Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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Jun 29, 2023 • 46min

EP #327 - Jan Lichtenberg: Replacing Animal Testing with 3D Printed Models

Timestamps: 08:06 - Starting a company during the financial crisis 15:30 - Ethical debates surrounding animal testing 16:25 - The InSphero business model 25:18 - Getting funding with a science-based product 29:58 - Working between Switzerland and the US About Jan Lichtenberg: Jan Lichtenberg is the CEO and board member of InSphero, a medtech company specializing in 3D printed models used for in vitro testing with easy-to-use solutions for producing, culturing, and assessing more organotypic 3D cell culture models. He has a solid scientific background of 10 total years of study, beginning with an MS in Microtechnology from the University of Bremen, followed by a Masters in Microelectronics from EPFL, and then completing his Ph.D. at Université de Neuchâtel in Microtechnology and Microfluidics. ‍ It took 10 years to develop the InSphero 3D model, from conception to iterative research, to finally creating the in vitro tissue. The company came to fruition shortly after the 2008 financial crash, but this was nonetheless the right time for the InSphero team, as pharmaceutical companies desperately needed new and innovative ideas to rejuvenate their brands in those challenging times.   One of the company's main goals is to play a part in eradicating animal testing, for both ethical and reliability reasons. This will take many years, but offering alternative solutions like their 3D in vitro models is a start in allowing for more accurate testing and preventing unnecessary harm to animals. This is all the more important considering that animals often do not biologically react in the same way as humans, and so that animal testing is actually not that reliable.  ‍ Their business model is twofold: on one hand, they provide their 3D models to clients who do their own in-house testing, and on the other hand, they also provide them to clients who prefer to conduct testing at the InSphero labs. Correctly transporting tissue is tricky, so conducting research in-house has the added benefit of eliminating the possibility of compromised tissues. Currently InSphero is leaning strongly towards the US market, and Jan travels there every 6 - 8 weeks to keep his ear to the ground. For now, their main priority is the company's growth and expansion, but they hope to one day do an IPO. ‍ “When starting a company, you have to either do it on a shoestring or go all in, but you  need to decide that beforehand.” “It’s not about the money in the bank, but about the interest customers have in your product.” ‍ Memorable quotes: “When starting a company, you have to either do it on a shoestring or go all in, but you  need to decide that beforehand.” “It’s not about the money in the bank, but about the interest customers have in your product.” Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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15 snips
Jun 21, 2023 • 57min

EP #326 - Frank Floessel: Prioritizing Company Values

Frank Floessel, a serial entrepreneur, investor, and coach, discusses the importance of company values and shares his biggest entrepreneurial lessons. He also talks about the evolution of the Swiss entrepreneurship ecosystem and the challenges of managing team turnover. Floessel highlights the significance of connecting students with part-time job opportunities and the process of pivoting in business. He emphasizes balancing personal and professional relationships and provides insights into investment limits and exciting areas of investment. Lastly, he expresses excitement for the future and shares his recent news of becoming the head of entrepreneurship at ETH Zurich.
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Jun 14, 2023 • 39min

EP #325 - Cédric Waldburger: Investing in Fluctuating Markets as a Digital Nomad

Timestamps: 1:36 - Views on the current market conditions  3:50 - Does rising inflation concern you and your investments?  08:54 - Handling the emotional component of investing  13:29 - Dealing with negativity in your portfolio  23:24 - Moving to Dubai and beyond About Cédric Waldburger: Cédric Waldburger describes himself as a startup investor, an essentialist, and an explorer, and from a young age he knew he wanted to start his own ventures: his first was at 14. He went on to get a degree in Electrical Engineering from ETH Zurich. He has built and sold companies in various creative, consumer, and blockchain spaces, giving him a wealth of experience. In 2020 he co-founded Tomahawk, which provides early-stage venture investments to Web3-focused entrepreneurs. A true digital nomad, Cédric has decided to move to Dubai with his family to connect with fellow crypto entrepreneurs, seek new business ventures, expand on new and current investments, and spend less time thinking about taxes.  He is continually assessing the markets and predicting where he can. Still, he doesn’t let it worry him anymore – he focuses on building long-term and trusts that keeping an eye on things, building relationships, and trusting his gut is enough to manage his investments well and hopefully get into real estate in the future. Real estate excites him because the investment opportunities are always increasing and rarely decrease, and thus it’s an industry that’s fundamentally longer term. "It is always good to remind yourself that no reward is risk-free." "I am more interested in working with people who want to build and create something, rather than achieve short-term financial gains." Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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8 snips
Jun 7, 2023 • 47min

EP #324 - Alexander Limpert: Making Homes Feel Like Hotels

Timestamps: 02:59 - Working across cultures and countries 08:37 - How they came up with the idea for GuestReady 21:45 - Selling your software 24:11 - Handling a hospitality company during the COVID-19 pandemic 36:50 - Choosing to grow through acquisition About Alexander Limpert: Alexander Limpert, the co-founder and CEO of GuestReady, a tech-driven accommodation brand focused on short-term rentals, has had a diverse and exciting career, including working in Taiwan and the Philippines. He has a BA in Business Administration from the University of St.Gallen and received an MSc with Distinction in Accounting and Finance from the London School of Economics.  He stayed in London after finishing his masters, and as many of his peers did, began a career in consulting  — he worked as a management consultant at Oliver Wyman, advising leading companies across various industries, and was active in eight different countries during his time there. After a few years, he was looking for a new, more entrepreneurial challenge, and decided to look into positions overseas:  he soon began work at Rocket Internet  as its country managing director in Taiwan and the Philippines.  After his time in Asia, he returned to London and connected with his future co-founders, Patrick and Chris, whom he studied with at LSE, and in 2014 they founded Guest Ready. The idea for the company was spurred by their collective travel experiences, which they had frequently in their careers, and  their thoughts on what would have elevated their accommodation experiences. They shared an interest in having a more local, authentic experience when staying in accommodation, especially for slightly longer stays, and so they wanted to combine the consistency and quality of a hotel stay within a host's home  with the added layer of helping hosts manage this level of quality.  GuestReady continues to grow and expand, currently having over 4500 listings in 10 countries. They have found a comfortable place in the market, as their business model typically charges a bit less: booking.com or Airbnb will charge around 15 to 18%, whereas they charge about 12%,  making it a win-win for everybody. They get 12% extra, and the owner pays less, as does the guest. Another vital part of their business is their in-house software, which has not only been a game changer in being able to scale as steadily as they have, but has also been  shared as a product with smaller property management agencies. The future is bright: they could expand, be acquired, go public (although probably at another stage) ... there are many opportunities for GuestReady. Memorable quotes: “Creating a good customer experience is about thinking of every aspect of the value chain to make customers’ lives easier.” “There are many benefits to creating your own in-house tech, not only to redefine yourself as a tech oriented business but also to have a product to sell, as well as a service.” Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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May 31, 2023 • 46min

EP #323 - Alexander Ciritsis: Medtech AI for Early Cancer Detection

Timestamps: 6:48 - The market gap in radiology 15:47 - The accurateness of AI models 17:31 - Software patenting 26:35 - b-rayZ’ subscription model 33:02 - Going international from day 1 About Alexander Ciritsis: Alexander Ciritsis is the co-founder and CTO at b-rayZ, an AI medical software for breast cancer early detection. He holds a PhD in Medical Science from RWTH Aachen University and was a researcher at University Hospital Aachen and Universitätsspital Zürich before starting b-rayZ in 2019. During his time as a research scientist in the medical field, Alexander Ciritsis noticed a clear gap in the radiology market: not only is there a lot more data for radiologists to analyze nowadays (a CT scan takes 12 secs to give you 128 slides, whereas 10 years ago it took 5 min to provide 30 slides), but only 10% of radiologists and radiographers are breast imaging specialists, in spite of the growing number of exams performed globally (270M+). Add to that the fact that breast density (a factor which varies naturally from person to person) makes catching lesions and cancer more difficult, and that it’s up to the physician to determine whether or not the breast is dense enough to warrant further testing, and you’ve got a perfect storm for malpractice suits. b-rayZ offers an AI solution that provides standardized, reproducible and real-time classification of breast density with a proven accuracy of 93%. This means that people with dense breasts are more likely to be directed towards further testing, and so the likelihood of breast cancer being detected early on and successfully combated by cancer treatments increases. b-rayZ does not claim to diagnose cancer themselves: they simply help smooth and improve the workflow that does detect it. They haven’t patented their code (since people could code around the patent anyways) but they have patented the process of training and developing their AI software.  Currently they are looking forward to expanding into the US market, and in 2022 they raised a CHF 4 million round partially funded through the Swisspreneur Syndicate. "Outsource as little as possible. Your IP is your most precious asset, and you need to protect it." "You need to find the tedious tasks in a department which can and need to be standardized — then AI is your friend." Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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May 24, 2023 • 50min

EP #322 - Andreas Schollin-Borg: How To Run A People Business

Timestamps: 4:47 - How the idea for Batmaid started in a New York apartment 6:45 - The importance of social responsibility in business 17:15 - Profitability in a people business 24:22 - Building a strong brand in Switzerland’s different regions 36:48 - Journey of finding investment About Andreas Schollin-Borg: Andreas Schollin-Borg always knew he wanted to become an entrepreneur. At the age of 16 he began a small business selling caps, and the bug bit. Due to his father’s insistence, he obtained a finance and ship trading degree from HEC Lausanne and a Master's from the University of Geneva, and even went on to study at NYU, all the while trying out different entrepreneurial ideas in his mind — fast forward to the present, he is the co-founder of Batmaid, and the CEO of Batgroup, the parent company of Batmaid, Batwork, and Batsoft. Back in 2014, he initially wanted to start a shoe business while in New York and was actively studying this industry. While doing this, his apartment was a mess and difficult to work in, so he found a locally-based app to book a housekeeper to do some cleaning. It was such a good experience, and he loved the idea so much that he decided to take it back to Switzerland with him. However, he knew he would need support and partnership, and found it one night at a beer pong tournament where he met his future partner, Eric Laudet. They have only grown from there: Batmaid has become the Batgroup, including Batmaid, Batwork, and Batsoft, which all combat different areas of the cleaning business, and it has expanded to other regions of Switzerland and 8 countries around Europe. Initially, it was challenging to convince investors to give capital to the company because people-based businesses are often seen as unreliable, but Andreas proved there was a demand for this service, and with some significant branding initiatives, a partnership with Onet (one of the biggest facility management companies in Europe) and some damn good tech, investors became convinced.  An essential part of their business is the social mission of combating the black market and giving their staff rights, legal agency, and financial and emotional support. Having a constant fear of going to work in the case that somebody asks for a social security number, or simply not getting a retirement package, is a reality for many of the cleaning staff, and it is Batmaid's goal to improve that experience, to be a safe environment fueled by trust between the employer, the employee and the client. For the next 12 months, Andreas is taking a brief pause on growth and focusing on profitability, while also working towards improving their service. He would love Batmaid to be something that is accessible to everybody in any part of Switzerland, and for it to be the number one tech-based cleaning company in the world. “Bringing the supplier and user together, it’s the chicken and egg problem – you need the supply before the demand, because if you have no supply, demand will never come.” “When you’re in a startup or scaleup, the problems don’t get simpler, they just get more complex.” Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!
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May 18, 2023 • 46min

EP #321 - Laurent Decrue: Iterating Your Product To Greatness

Timestamps: 7:13 - Product building mistakes 11:13 - What makes a great product 17:42 - Prioritizing certain product features 27:10 - Key roles in a product team 34:20 - Maintaining a strong culture About Laurent Decrue: Laurent Decrue is the co-founder of the moving company MOVU and the software company Holycode, and the former CEO at Bexio. Currently he is active as CFO and co-CEO at Holycode. He holds an MBA from the University of Basel and previously worked at DeinDeal. Throughout his time at MOVU, Bexio, DeinDeal and Holycode, Laurent observed time and time again the following product building mistakes: Delegating product responsibility to a CTO who isn’t familiar with the necessary product architecture that needs to be set up early in the game; Not allowing your product team to grow as much as it needs to, when it needs to — i.e., not hiring a product owner but instead having one of the founders do that job part-time, on top of all their other responsibilities; Picking a technical co-founder without consulting with CTOs whose technical opinion you respect. What do all great products have in common, regardless of industry? They result from a huge focus on user experience; They come from working with a large set of data very early on; They were iterated continuously through fast product cycles. When it comes to KPIs which can keep product iteration on track, Laurent warns you not to focus too much on stuff like revenue or absolute number of users, but instead conversion rate, which points to stumbling blocks along your funnel regardless of your user scale. What are 4 key sub departments in a product team? UX research; Data/BI analytics; Requirements engineering; End tests. How can you cultivate a strong culture not only within the product team, but the whole team overall? The founders need to sit down and reflect on what the company values are. Write them down; Values should be emphasized during the hiring and onboarding process; Respect for company values should be taken into consideration when assessing someone’s yearly performance. Sometimes, disrespect of values is a good reason to let someone go; Company values should be revisited yearly, as the team grows. "Values have to come from the founders. Otherwise it doesn’t work." "You have to be naive when starting a business. If you actually knew how hard it was going to be, you simply wouldn’t do it." Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!

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