This is the first edition of our pitching webinar of Spanish startups with key actors from the Swiss Foodtech ecosystem, in cooperation with the Swiss Food & Nutrition Valley (SFNV)
The Foodtech industry in Spain is experiencing a significant transformation towards more sustainable and efficient projects, aided by public and private support at regional and national levels. The Foodtech sector in Spain saw a rise of up to €268M in 2022, representing a 9.38% increase since the previous year. This includes a notable increase from 407 to 412 startups in the past year, alongside over 30,000 companies engaged in food transformation and more than 50 specialized universities and 20 advanced technology centers.
If you're interested in delving deeper into the current state and challenges of the country’s food sector, download the complete report HERE.
This will be the first edition of our pitching webinar of Spanish startups with key actors from the Swiss Foodtech ecosystem, in cooperation with the Swiss Food & Nutrition Valley (SFNV).
The six pitching Spanish startups encompass a broad range of the Foodtech industry:
From the Swiss side, all SFNV partners will be invited, which includes Swiss-based multinational companies like AMD, Bühler, Firmenich, Givaudan or Nestlé, retail food distribution companies like Aldi Suisse, the innovation centers of internationally renowned federal institutes of technology in Lausanne (EPFL) and Zurich (ETH) as well as dozens of Swiss Foodtech startups and scaleups.
Switzerland leads many international innovation rankings worldwide, having most prominently remained in 2022 number one in the Global Innovation Index of the World Intellectual Property Organization for the twelfth year in a row and being the country with the highest percentage of patent filings per capita, with its Foodtech sector having the second highest number of patent applications after the pharmaceutical sector.
Switzerland is a pioneer of the foodtech industry, with more than 160 national startups founded between 2018 and 2021, 19 major food and nutrition companies and more than 30 incubators, accelerators, research centres and universities that empower and drive food innovation.
Switzerland ranks fourth in Europe in terms of both the number of financing rounds and the volume of investment in start-ups, with the foodtech sector accounting for 5% of total startup investment.
The Swiss food industry is one of the largest and most diversified in Europe, with an estimated market value of CHF 80 billion and 2.6 billion being invested in innovation each year. In the last 5 years, the number of foodtech companies in Switzerland has increased by 70%.
In a nutshell, the Spanish and Swiss foodtech ecosystem are vibrant and driven by quality, innovation, venture capital investment and government support, making both countries attractive places for companies and start-ups