Basel Area location promotion posts record number of company start-ups

Basel, March 2023

Basel Area Business & Innovation helped a record number of companies to set up in 2022, totalling 96. The number of start-ups remained stable compared to 2021 at 35 companies. Life sciences dominate start-ups and settlements.

Basel Area Business & Innovation supported a total of 96 start-ups in 2022. This represents a new record, the location promotion agency of the cantons of Basel-Stadt, Basel-Landschaft and Jura informs in a statement. Compared to the previous year, 20 more start-ups were supported by Basel Area Business & Innovation.

The number of companies newly established in the Basel Area cantons in 2022 remained stable at 35 compared to 2021. “The Basel Area economic region has had another highly satisfactory year,” Christof Klöpper, CEO of Basel Area Business & Innovation, is quoted as saying in the statement. “Both in terms of newly established companies and company start-ups, we achieved excellent figures in 2022.”

Of the total of 96 newly founded companies, 21 are active in the pharmaceutical and medical sectors. This is followed by services with 18, construction with eleven and ICT with ten start-ups. Many of the start-ups were able to benefit from the location promotion’s venture monitoring programme. In the press release, Basel Area Business & Innovation singles out the cleantech company Kuori. Since its founding in spring 2022, it has already raised around 2.3 million euros in investor funding.

Of the total of 35 settlements, 24 were in the pharmaceutical and medical sectors. In terms of regions of origin, Europe leads the way with 14 companies. This is followed by Asia with seven and the USA with six newly established companies in Switzerland. A total of eight companies from other cantons moved to the Basel Area last year.

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