Another location for start-ups is being created in the greater Zurich area
Elektron AG participates as a real estate owner in the founding organization grow. In this context, Elektron provides laboratory and office space for the young life science companies Araris Biotech and Nemis Technologies.
As a first step, Elektron AG is making around 1,100 square meters available to the Wädenswil start-up organization grow . Two fast-growing life science start-ups will move in there: Araris Biotech AG , a spin-off from the Swiss Federal Institute of Technology Zurich ( ETH ) and the Paul Scherrer Institute ( PSI ), and Nemis Technologies AG . This is already a fourth location for ambitious young companies in the local area of Wädenswil.
The technology company Elektron will finance the conversion to laboratory and office space. “The cooperation with grow fits perfectly with our philosophy of combining modern technologies and sustainability,” Elektron CEO Enrico Baumann is quoted as saying in a statement from grow. “For us, the settlement of the two start-ups is an investment in the future and a commitment to the Wädenswil workplace.”
Araris Biotech is researching novel anti-cancer antibody compounds. Nemis develops diagnostic solutions to detect pathogenic bacteria in food. Both have completed successful financing rounds. Araris was able to earn over 15 million francs in October 2020, Nemis only recently 7.75 million francs.
“In the past five years, growth has accelerated significantly,” says Wädenswil Mayor Philipp Kutter. He is also a member of the board of trustees of grow. Despite the corona pandemic, there are signs of further growth, “which is extremely positive for research and business in and around Wädenswil”.