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Unicorns & thoroughbreds

Unicorns in Switzerland

Dealroom tracks 42 unicorns headquartered in Switzerland — companies that reached a verified $1B+ valuation — worth $117B combined, plus 11 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.

42Unicorns ($1B+ valuation)
2Valued at $10B or more
11Thoroughbreds ($100M+ revenue)
$117BCombined unicorn valuation

Every unicorn in Switzerland

All 42 companies headquartered in Switzerland that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.

# Company Sector HQ Founded Valuation Status
1 Actelion Pharmaceuticals Biotech & Life Sciences Allschwil 1997 $30B IPO 2013
2 On eCommerce & Marketplaces Zurich 2010 $12B IPO 2021
3 DFINITY | Internet Computer Fintech Zurich 2016 $9.5B Private
4 Ypsomed Health Tech & Medtech Bern 2003 $4.9B IPO 2004
5 Temenos Fintech Geneva 1993 $4.7B IPO 2003
6 Sonar Other B2B Software Vernier 2008 $4.7B Private
7 Sportradar Other St. Gallen 2001 $4B IPO 2021
8 Acronis Cybersecurity Schaffhausen 2003 $3.5B Private
9 Terra Quantum Other B2B Software St. Gallen 2018 $3.5B Public via SPAC 2026
10 INFICON Semiconductors Bad Ragaz 1996 $3.5B IPO 2000
11 CRISPR Therapeutics Biotech & Life Sciences Switzerland 2013 $3.1B IPO 2016
12 Nexthink Other B2B Software Prilly 2004 $3B Private
13 Climeworks Energy Zurich 2009 $2.8B Private
14 Idorsia Biotech & Life Sciences Allschwil 2017 $2.6B IPO 2017
15 21.co Fintech Zurich 2018 $2B Private
16 AutoForm Transportation Freienbach 1995 $2B Private
17 Implantica Health Tech & Medtech Switzerland 2003 $1.7B IPO 2020
18 Swixx Biopharma Biotech & Life Sciences Baar 2014 $1.6B Private
19 NovoCure Biotech & Life Sciences Root 2000 $1.6B IPO 2015
20 MindMaze Biotech & Life Sciences Lausanne 2012 $1.5B Private
21 MoonLake Immunotherapeutics Biotech & Life Sciences Zug 2021 $1.4B Public via SPAC 2022
22 NBE-Therapeutics Biotech & Life Sciences Basel 2012 $1.3B Private
23 BETA CAE Systems Aviation Root 1990 $1.2B Private
24 Araris Biotech Biotech & Life Sciences Wädenswil 2019 $1.1B Private
25 Medartis Health Tech & Medtech Basel 1997 $1.1B IPO 2018
26 Orderfox AI Zurich 2017 $1.1B Private
27 Beekeeper Cybersecurity Zurich 2012 $1.1B Private
28 Scandit AI Zurich 2009 $1B Private
29 Sygnum Fintech Zurich 2018 $1B Private
30 VectivBio Biotech & Life Sciences Basel 2019 $1B IPO 2021
31 South Pole Fintech Zurich 2006 $1B Private
32 vVardis Health Tech & Medtech Baar 2019 $1B Private
33 Sensirion Semiconductors Zurich 1998 $981M IPO 2018
34 u-blox Semiconductors Zurich 1997 $882M IPO 2007
35 Kuros Biosciences Biotech & Life Sciences Zurich 2000 $835M IPO 2016
36 Energy Vault Energy Lugano 2017 $631M IPO 2022
37 Zur Rose Group Biotech & Life Sciences Frauenfeld 1993 $624M IPO 2017
38 Sophia Genetics Biotech & Life Sciences Saint-Sulpice 2011 $479M IPO 2021
39 Oculis Biotech & Life Sciences Switzerland 2003 $408M Public via SPAC 2023
40 Lastminute.com eCommerce & Marketplaces Chiasso 1998 $36M IPO 2000
41 ADC Therapeutics Biotech & Life Sciences Epalinges 2011 $27M IPO 2020
42 Leonteq Fintech Zurich 2007 $-3190M IPO 2012

Thoroughbreds — the $100M+ revenue tier

Dealroom's revenue milestone: 11 Switzerland companies past $100M in annual revenue, proof of traction beyond paper valuations.

# Company Sector HQ Founded Valuation Status
1 Oviva Health Tech & Medtech Zurich 2013 $1.4B Private
2 Basilea Pharmaceutica Biotech & Life Sciences Allschwil 2000 $528M IPO 2004
3 Crescendo AI Geneva 2023 $500M Private
4 SWISSto12 Space Renens 2011 $420M Private
5 Trifork AI Feusisberg 1996 $400M IPO 2021
6 AC Immune Biotech & Life Sciences Lausanne 2003 $155M IPO 2016
7 SwissBorg Fintech Lausanne 2017 $138M Private
8 Molecular Partners Biotech & Life Sciences Zurich 2004 $57M IPO 2014
9 Bexio Fintech Rapperswil-Jona 2013 $41M Private
10 Bravofly Aviation Chiasso 2006 IPO 2014
11 Proton Cybersecurity Plan-les-Ouates 2014 Private

Frequently asked questions

How many unicorns are there in Switzerland?

Dealroom tracks 42 unicorns headquartered in Switzerland as of August 2026, worth $117B combined. 2 of them are valued at $10B or more.

What are the biggest unicorns in Switzerland?

The three most valuable are Actelion Pharmaceuticals, On, DFINITY | Internet Computer. Zurich is the top hub with 13 of them.

What counts as a unicorn — and what is a thoroughbred?

A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.

Unicorns in other countries