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What Is The Balance Sheet

The Sifted 30 Central Europe Leaderboard

What is the balance sheet?

In simple terms, the balance sheet outlines what a business owns, owes, and how much it is worth.

Welcome to the Sifted 30 Central Europe Leaderboard

Which ranks the fastest-growing startups across Switzerland, Austria, and Poland.

With one of the highest VC funding per capita in Europe

Switzerland attracts investors from around the globe. In fact, according to Dealroom, a data platform that tracks venture capital investment, Switzerland received more VC funding per capita in 2020 than any other European country except for Estonia.

The top financing rounds in Switzerland were achieved by the following start-ups

The pharmaceutical company Quercis Pharma in Zug raised $130 million in a Series B round in September 2020. The company is developing a new type of cancer treatment that targets the tumor microenvironment.

Also, the medtech company Ava in Zurich raised $30 million in a Series A round in November 2020. The company makes a fertility-tracking bracelet that helps women conceive.

Conclusion

The Sifted 30 Central Europe Leaderboard is a testament to the strength of the startup ecosystem in the region. These companies are making a significant impact on the global economy, and they are sure to continue to grow in the years to come.


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