The university marked a 10-year high for spinout generation and revealed its portfolio had cumulatively lured $452m in funding.

ETH Zurich spun out a total of 34 new businesses in 2020, an increase from 30 in 2019 and a 10-year high for the university.

The institution said it had continued to focus on its traditional strengths in the information, communication and technology space, where it launched 16 new businesses.

ETH Zurich also revealed its portfolio had cumulatively raised over CHF400m ($452m) in funding, citing an academic innovation report from its peer University of St Gallen. The amount has fallen from the estimated $649m invested in its spinouts last year.

Spinouts to have raised funding in 2020 included carbon capture technology provider Climeworks, which closed a $110m round in September 2020.

The university scored an exit later that month when DeepCode, a computer programming diagnostics tool developer, was acquired for an undisclosed sum, before finishing the year on a high note with an $80.1m listing in December for its textile materials business HeiQ.

Silvio Bonaccio, head of ETH Zurich’s tech transfer office ETH transfer, is an upcoming guest on GUV’s podcast.