// STARTUP AUTOPSIES · COUNTRY

Startup Failures in Switzerland

11 startup autopsies from Switzerland. Each includes the exact cause of failure, verified financial data, and the documented failure pattern.

11 autopsies · newest deaths first

South Pole

cleantechSwitzerland2023

The $1B carbon empire that built its fortune on credits that never existed.

Fraud Explosion

senseFly

hardwareSwitzerland2022

EPFL mapping drone pioneer absorbed and dismantled by its struggling parent.

Acqui-hire

Wuala

cloudSwitzerland2015

Built end-to-end encrypted cloud storage before iCloud and Dropbox — Seagate acquired and shut it 6 years later to focus on hardware, while Dropbox grew to 500M users in the same period

Acqui-hire

Logitech Revue (Google TV)

hardwareSwitzerland2012

$299 for a box that made your TV harder to use. Logitech wrote down $100M and the CEO called it 'a mistake.'

Silent Shutdown

InsurIX

fintechSwitzerland

Swiss parametric insurance platform stalled by FINMA licensing complexity and incumbent broker resistance

Slow Death

Lykke

cryptoSwitzerland

The Swiss crypto exchange founded by a forex legend declared insolvency in 2024 after a decade of fighting for relevance against Binance and Coinbase.

Bankruptcy

Numbrs

fintechSwitzerland

Swiss personal finance app that raised $200M and couldn't find a monetization model

Sudden Collapse

Lisk

web3Switzerland

JavaScript-based blockchain platform that raised $6M ICO in 2016 and faded into irrelevance as Ethereum dominated.

Slow Death

Farmy

ecommerceSwitzerland

The Swiss online farmers market that connected consumers with regional producers but could not make last-mile delivery economics work at scale

Slow Death

SwissAI

aiSwitzerland

Switzerland's banking AI startup that Swiss banks bought from IBM and SAP instead

Fire Sale

Numab Therapeutics

biotechSwitzerland

Swiss antibody platform biotech that raised $280M and shut down after Phase 1 trial failures in cancer.

Silent Shutdown

// IS YOUR STARTUP HERE?

If your startup is already in the dataset, use the "Claim this autopsy" link at the bottom of its page to add first-hand context. If it's not, submit it.

SUBMIT YOURS →

Startup Failures in Switzerland

// BY SECTOR

// BY CAUSE