matriq closes a CHF 4.2 million round to drive the market-entry of their plastics marking innovation «DynamicMold»
Summary
I can only recommend this program to founders of new startups.With the Deeptech team of Venture Leaders, we had the chance to go to Munich and London to engage with various VC Investors and to pitch our startup on many occasions. We came into contact with a lot of professionals in the venture capital scene and learned to shape our tech story.To be awarded twice already for TOP 100 is a great honor for us and brought strong visibility for matriq, not only on the investors side but also to potential clients and partners. It is great to be part of the shapers of tomorrow!Still at the University of Applied Science Buchs (Fachhochschule OST, former NTB) we could show the proof of principle of our marking technology inside the plastic forming tool. For myself, it was not the first startup that I founded obviously, I endure the rollercoaster run of startups.I believe it is of great importance to engage with potential customers/users of the future product as early as possible to solidly ground the innovation and to focus on the tech that really helps to solve a specific, well-defined, problem on the market. And as the second piece of advice, plan well ahead on how much money you are going to need on your road to developing a tech solution, incorporating a few redesign circles and insurmountable engineering challenges start early with fundraising from private and professional investors, and from innovation funding organizations such as Innosuisse.