69 Zug Startups to Watch (and Work for) in 2023
Europe's entrepreneurial landscape continues its upward trajectory. Amidst this backdrop, Zug stands out, having witnessed remarkable activity in its startup ecosystem over the past years.
In 2022, Zug startups raised $500 Million in capital (after raising $210 Million in 2021). So far this year, they've raised $170 Million, reflecting the growing investor confidence in the region.
This list features the top Zug startups of 2023 — updated as of October. It includes companies like 4D Lifetec, SupraOracles and Xterio, covering all sectors and business models. We update it monthly by tracking all startup activity in our database of 17,000 technology companies in Europe and sort companies dynamically using our Seedtable score, ensuring objectivity. Whether you're an experienced investor, a determined founder, or a resourceful operator this list of top 69 tech startups is worth exploring.
Changelog
Last update: December 7, 2023. Added companies, investors and rounds. See changelog .
Rankings are calculated using our Seedtable score – a 1 to 100 score that uses quantitative and qualitative data points (examples are money raised or employees over time) to signal the momentum behind a company. A score closer to 100 indicates a company worth watching closely.
Featured companies in Zug
Get access to the Seedtable database with +17,000 companies (129 from Zug)Featured
AI for early cancer detection.
-
Latest Funding
$26 Million · Series C
-
Employees
1 to 10
-
Investors
Xlife Sciences AG
-
Industries
Health Tech, AI
-
Locations
Zug
-
Contact
•••••@4dlifetec.com
Unlock contact info
Featured
“Bridgeless” blockchain network developers.
-
Latest Funding
$24 Million · Series B
-
Employees
51 to 100
-
Investors
Animoca, Prosus & Naspers, Coinbase Ventures, FTX Ventures, DeepTech Ventures, Wave7, Hashkey, Sound Ventures, FiveT Fintech (formerly Avaloq Ventures)
-
Business Model
B2B
-
Industries
Crypto & web3
-
Locations
Zug
-
Contact
•••••@supraoracles.com
Unlock contact info
Featured
Web3 game platform with AI technology.
-
Latest Funding
$15 Million · Series A
-
Employees
51 to 200
-
Investors
Binance Labs
-
Business Model
B2C
-
Industries
Crypto & web3, Gaming
-
Locations
Zug
-
Contact
•••••@xter.io
Unlock contact info
List of 69 top tech companies in Zug
Get access to the Seedtable database with +15k companies (129 from Zug)Electrical power production and utility company.
-
Latest Funding
$22 Million · Series B
-
Industries
Energy & Nuclear, Manufacturing
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Creandum
-
Contact
•••••@trlyr.com
Unlock contact info
SEBA Bank is a cryptocurrency company that provides a seamless, secure, and easy-to-use bridge between digital and traditional assets.
-
Latest Funding
$120 Million · Series C
-
Industries
Fintech
-
Locations
Zug
-
Employees
101 to 250
-
Business Model
B2B
-
Investors
Summer Capital
-
Contact
•••••@seba.swiss
Unlock contact info
Smart contract design platform.
-
Latest Funding
$5.4 Million · Series A
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Amber Group, Galxe, J17 Capital, JSquare
-
Contact
•••••@shardeum.org
Unlock contact info
Wire is the worlds most secure collaboration platform
-
Latest Funding
$25 Million · Series C
-
Locations
Zug
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
UVC Partners
-
Contact
•••••@wire.com
Unlock contact info
Smartcard crypto wallets.
-
Latest Funding
$8 Million · Series A
-
Industries
Fintech, Hardware
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Shima Capital
-
Contact
•••••@tangem.com
Unlock contact info
Program to increase human lifespan.
-
Latest Funding
$5.9 Million · Seed
-
Industries
Health Tech, Biotech
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Maximon
-
Contact
•••••@biolytica.com
Unlock contact info
Digital out-of-home advertising network.
-
Latest Funding
$24 Million · Seed
-
Industries
Adtech
-
Locations
Zug
-
Employees
51 to 100
-
Business Model
B2B
-
Contact
•••••@hygh.tech
Unlock contact info
PeakData is a software platform to identify and analyze key opinion leaders in your therapeutic area.
-
Latest Funding
$13 Million
-
Industries
Health Tech, Media and Entertainement, Business Intelligence
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, MARKETPLACE
-
Investors
AlbionVC, Octopus Ventures
-
Contact
•••••@peakdata.com
Unlock contact info
yamo is a direct to consumer children food company.
-
Latest Funding
$14 Million
-
Industries
Foodtech, Manufacturing, Ecommerce, FamilyTech & Parenting
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
btov Partners, Verve Ventures, Polytech Ventures, BackBone Ventures
-
Contact
•••••@yamo.bio
Unlock contact info
HQLAX is a financial technology innovation firm that leverages R3’s distributed ledger technology.
-
Latest Funding
$17 Million
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B, MARKETPLACE
-
Investors
Goldman Sachs
-
Contact
•••••@hqla-x.com
Unlock contact info
Concordium is a next-gen privacy-focused, public and permissionless blockchain architecture with an ID Layer at the protocol level.
-
Latest Funding
$15 Million
-
Industries
Edtech, Crypto & web3, Privacy and Security
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
G1 Ventures, Seier Capital
-
Contact
•••••@concordium.com
Unlock contact info
Velas offers artifical intelligence, blockchain technology, social impact, cybersecurity, design thinking and decentralization services.
-
Latest Funding
$140 Million
-
Locations
Zug
-
Employees
101 to 250
-
Contact
•••••@velas.com
Unlock contact info
Pharvaris is a clinical stage company focused on bringing an oral bradykinin B2 receptor antagonist to patients.
-
Latest Funding
$80 Million · Series C
-
Industries
Health Tech, Biotech, Deep Tech, Pharma
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Contact
•••••@pharvaris.com
Unlock contact info
Platform to transparently measure, verify, and fund forestation projects.
-
Latest Funding
$4.1 Million · Pre Seed
-
Industries
Climate Tech & Green Tech
-
Locations
Zug
-
Employees
11 to 50
-
Investors
Shima Capital
-
Contact
•••••@openforestprotocol.org
Unlock contact info
1-click cross-chain swaps
-
Latest Funding
$3.5 Million · Seed
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Investors
Fabric Ventures, Chapter One
-
Contact
•••••@squidrouter.com
Unlock contact info
#1 Travel Maps – free, offline, detailed mobile maps of the world with travel guides, trusted by 140M travelers worldwide, OSM.org powered.
-
Latest Funding
$50 Million
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@maps.me
Unlock contact info
Open Mineral is an online exchange for physical commodities, connecting buyers and sellers to trade directly, efficiently, and transparently
-
Latest Funding
$33 Million · Series C
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@openmineral.com
Unlock contact info
GRN GRID is an environmentally friendly, scalable and stable layer-1 blockchain with novel decentralized finance features.
-
Latest Funding
$50 Million
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@grngrid.com
Unlock contact info
Nevermined is an enterprise-grade decentralized data sharing platform assisting consumers to publish, discover, buy, sell and access data.
-
Latest Funding
$3 Million · Seed
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Signature Ventures
-
Contact
•••••@nevermined.io
Unlock contact info
Mitto is an innovative communication platform company that facilitates omnichannel customer engagement for global brands.
-
Latest Funding
$1.2 Million
-
Industries
Fintech, Messaging, Mobile, Developer Tools, Communications
-
Locations
Zug
-
Employees
101 to 250
-
Business Model
B2B, B2C, SAAS
-
Investors
Athos Capital
-
Contact
•••••@mitto.ch
Unlock contact info
Decentralized computing.
-
Latest Funding
$20 Million · Seed
-
Industries
Crypto & web3, Cybersecurity
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Contact
•••••@nillion.com
Unlock contact info
Block Green is a cryptocurrency platform that uses the DeFi blockchain to provide green crypto mining solutions based on renewable energy.
-
Latest Funding
$3.7 Million · Seed
-
Industries
Fintech, Crypto & web3, Data and Analytics
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
10x Founders
-
Contact
•••••@block.green
Unlock contact info
Housecat is democratizing crypto investment strategies for users, empowering individuals to become asset managers.
-
Latest Funding
$3.5 Million
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
FREEMIUM
-
Investors
BlueYard Capital
-
Contact
•••••@housecat.com
Unlock contact info
Unbound Nation is a decentralised platform and community that connects users, game producers, and NFT investors.
-
Latest Funding
$3 Million · Seed
-
Industries
Crypto & web3, Gaming
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2C, MARKETPLACE
-
Investors
Greenfield
-
Contact
•••••@unboundnation.io
Unlock contact info
CasperLabs is building the first provably live pure Proof-of-Stake (PoS) CBC-Casper blockchain designed for real-world applications.
-
Latest Funding
$14 Million
-
Industries
Crypto & web3, Enterprise Software
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@casperlabs.io
Unlock contact info
TON Labs is a core developer of the Free TON blockchain protocol and TON OS (operating system).
-
Latest Funding
$6 Million · Series A
-
Locations
Zug
-
Employees
51 to 100
-
Contact
•••••@tonlabs.io
Unlock contact info

Colizeum is a gaming platform that will house a variety of games and applications and operate as a user funnel similar to Steam.
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@colizeum.io
Unlock contact info
Smart Indoor Air Quality Solutions
-
Latest Funding
$8.5 Million · Series B
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@aerishealth.com
Unlock contact info
JAROWA is a Fintec company located in Switzerland.
-
Latest Funding
$13 Million · Series A
-
Industries
Fintech, Ecommerce
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, MARKETPLACE
-
Contact
•••••@jarowa.ch
Unlock contact info
TransferChain enables users to store, process and distribute their data while ensuring its privacy and security.
-
Industries
Crypto & web3, Cybersecurity, Data and Analytics, Privacy and Security, Business Intelligence, Developer Tools, Cloud
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, B2C
-
Contact
•••••@transferchain.io
Unlock contact info
RoomPriceGenie provides smart pricing software for smaller hotels.
-
Latest Funding
$2.2 Million · Seed
-
Industries
Travel Tech, Data and Analytics, Community & Lifestyle, Business Intelligence
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Wingman Ventures, Venture Kick
-
Contact
•••••@roompricegenie.com
Unlock contact info
Platform to transfer risk between buyers and sellers of protection.
-
Latest Funding
$1.4 Million · Seed
-
Industries
Insuretech
-
Locations
Zug
-
Employees
1 to 10
-
Investors
High-Tech Gründerfonds
-
Contact
•••••@cerchia.io
Unlock contact info
Minima create a decentralised blockchain network.
-
Latest Funding
$5.6 Million
-
Industries
Crypto & web3, Mobile
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Contact
•••••@minima.global
Unlock contact info
GOGO Protocol is a open source DeFi protocol for asset management and savings.
-
Latest Funding
$2 Million · Seed
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
- Employees
-
Business Model
B2B, SAAS
-
Investors
Shima Capital
-
Contact
•••••@gogocoin.io
Unlock contact info
Genius Yield fulfills the needs of both types of users by providing the highest possible yields while being simple and easy to use.
-
Latest Funding
$4.2 Million · Seed
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Contact
•••••@geniusyield.co
Unlock contact info
We aim to build a system capable of understanding knowledge, to answer questions and get things done.
-
Latest Funding
$4.2 Million · Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@planting.space
Unlock contact info
Rainfall is a privacy-preserving intelligence platform that uses Edge-AI and Web3 technology to unlock the economic value from your data.
-
Latest Funding
$1 Million · Seed
-
Industries
Crypto & web3, AI, Data and Analytics, Business Intelligence
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Katapult Accelerator
-
Contact
•••••@rainfall.one
Unlock contact info
Qiibee is a blockchain-based B2B rewards marketplace that offers crypto and loyalty platforms for businesses and consumers.
-
Latest Funding
$4.8 Million · Seed
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, MARKETPLACE
-
Contact
•••••@qiibee.com
Unlock contact info
Authena is the leading IoT and Blockchain platform for Product Authenticity and Traceability as a Service
-
Latest Funding
$2.5 Million · Seed
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@authena.io
Unlock contact info

DIA is a cross-chain, end-to-end, open-source data and oracle platform for Web3.
-
Latest Funding
$2.6 Million · Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@diadata.co
Unlock contact info
Enso Finance is a Defi tool for creating permissionless trading strategies.
-
Latest Funding
$5 Million
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B
-
Contact
•••••@enso.finance
Unlock contact info
I2 invest is a marketplace Lending is revolutionising the classical banking system.
-
Latest Funding
$3.8 Million · Seed
-
Industries
Fintech, Ecommerce
-
Locations
Zug
-
Employees
1 to 10
-
Contact
•••••@i2invest.ch
Unlock contact info
Multi-currency Swiss accounts, global payment acceptance and disbursement for digital businesses.
-
Latest Funding
$3 Million · Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@klarpay.ch
Unlock contact info
The new interactive LIVE- Videoplattform
-
Latest Funding
$12 Million · Series A
-
Industries
Video, Communications
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@vinivia.com
Unlock contact info
Veax is a provider of a traditional finance-empowered decentralized exchange.
-
Latest Funding
$1.2 Million
-
Industries
Fintech, Crypto & web3
-
Locations
Zug
-
Employees
11 to 50
-
Investors
Outlier Ventures, Seier Capital
-
Contact
•••••@veax.com
Unlock contact info
Elusiv offers compliance in mind with next-generation privacy solutions for a better Web3.
-
Latest Funding
$3.5 Million
-
Industries
Crypto & web3
-
Locations
Zug
- Employees
-
Contact
•••••@elusiv.io
Unlock contact info
carecircle is the world's first global independent hyperscale social network and platform for health and wellness.
-
Latest Funding
$2 Million · Pre Seed
-
Industries
Health Tech, Media and Entertainement
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2C, FREEMIUM, MARKETPLACE, SAAS
-
Contact
•••••@carecircle.org
Unlock contact info
Sustainable travel experiences platform.
-
Latest Funding
$1.1 Million · Seed
-
Industries
Mobility & Transportation
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@viatu.com
Unlock contact info
Kaduu provides cyber threat intelligence services.
-
Industries
Cybersecurity, Privacy and Security
-
Locations
Zug
- Employees
-
Business Model
B2B, SAAS
-
Investors
Spicehaus Partners
-
Contact
•••••@kaduu.io
Unlock contact info
Jur is an open justice platform that simplifies, optimizes, and automates legal disputes and business transactions on the internet.
-
Latest Funding
$1 Million · Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@jur.io
Unlock contact info
Autentica utilises blockchain technology to certify and authenticate digital assets.
-
Latest Funding
$1.2 Million · Pre Seed
-
Industries
Crypto & web3, Art
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@autentica.io
Unlock contact info
The Tokenised Cloud - Sustainable, Decentralised
-
Latest Funding
$2 Million · Pre Seed
-
Industries
Climate Tech & Green Tech, Health Tech, Crypto & web3, Biotech, Deep Tech, Manufacturing
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@deepsquare.io
Unlock contact info
PWN is a hub for peer-to-peer loans backed by digital assets.
-
Latest Funding
$1 Million · Seed
-
Industries
Fintech, Crypto & web3, Investing
-
Locations
Zug
-
Employees
1 to 10
-
Business Model
B2B, MARKETPLACE
-
Contact
•••••@pwn.finance
Unlock contact info
Supertrends is a start-up engaged in futures research, whose mission is to identify and track the trends that will reshape the future.
-
Latest Funding
$1.6 Million · Series A
-
Industries
Media and Entertainement, Business Intelligence
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@supertrends.com
Unlock contact info
A Regulated Swiss Exchange for Real Estate and Luxury goods transactions with virtual assets.
-
Latest Funding
$1 Million · Pre Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@xerof.com
Unlock contact info
AirDAO is building the world’s first publicly verifiable and community-driven ecosystem to assure the quality, safety and origins of food
-
Latest Funding
$2 Million
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@airdao.io
Unlock contact info
ZenOwn is a product assistant platform that gathers all your durable products in one place.
-
Latest Funding
$1.6 Million · Seed
-
Industries
Fintech, Mobile, Business Intelligence, Ecommerce
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, B2C, FREEMIUM, SAAS, MARKETPLACE
-
Contact
•••••@zenown.com
Unlock contact info

Goracle is a decentralized oracle network platform which connects the blockchain to the world.
-
Latest Funding
$1.5 Million · Seed
-
Industries
Crypto & web3
-
Locations
Zug
-
Employees
51 to 100
-
Business Model
B2B
-
Contact
•••••@goracle.us
Unlock contact info
Research and inventions in the field of blockchain and cybersecurity
-
Latest Funding
$1 Million
-
Industries
Crypto & web3, Hardware
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@bitfold.com
Unlock contact info
Self-hosted advertising platform.
-
Latest Funding
$1.3 Million · Seed
-
Industries
Adtech, Sales and Marketing
-
Locations
Zug
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Contact
•••••@adhash.com
Unlock contact info
Web3-ready solutions for the professional sports and entertainment industry
-
Latest Funding
$500 Thousand · Seed
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@blocksport.io
Unlock contact info
An ambitious project with the final goal of becoming the first decentralized exchange .
-
Locations
Zug
-
Employees
51 to 100
-
Contact
•••••@cosmos.network
Unlock contact info
Permission.io is transforming digital advertising by enabling brands and consumers to connect on a permission basis.
-
Locations
Zug
-
Employees
11 to 50
-
Contact
•••••@permission.io
Unlock contact info
Status.im is a mobile ethereum OS that gives users the power to chat, transact, and access a world of DApps on the decentralized web.
-
Locations
Zug
-
Employees
51 to 100
-
Contact
•••••@status.im
Unlock contact info
Bitcoin Suisse AG is a crypto-finance startup providing trading, prime brokerage, custody, lending, and other services.
-
Locations
Zug
-
Employees
101 to 250
-
Contact
•••••@bitcoinsuisse.com
Unlock contact info

AWG is a provider of advanced water systems, solutions, and technologies for the oil and gas industry and other process industries.
-
Industries
Climate Tech & Green Tech
-
Locations
Zug
- Employees
-
Contact
•••••@aquarius-holding.com
Unlock contact info