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The Venture Codex

Polytech Ecosystem Ventures

Rue de Lausanne 35a, Morges, Vaud, 1110, Switzerland

Overview

Polytech Ventures are an early stage VC firm based in Switzerland with a strong international focus. Their strategic location at EPFL in Lausanne grants us access to one of the most dynamic and recognized innovation centers in the world

Total investments
23
Lead investments
6
Investments · 12mo
1
Active investors
5

Sector focus

  • Asset Management
  • Business Development
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Hemostod

    Led · Seed · Oct 2025

    HemostOD is a pre-clinical healthcare company based in Lausanne, Switzerland that manufactures universal human blood platelets entirely ex vivo using immortalized hematopoietic stem cells and proprietary bioreactor technology. By eliminating the need for human donors, the company aims to solve chronic platelet shortages that hinder treatments ranging from cancer care to trauma response. Its platform is designed to offer safer, readily available, and scalable platelet supplies while also enabling future applications in hematology and advanced therapeutic delivery. The firm is currently transitioning from proof-of-concept research to industrialization. With the latest capital infusion, HemostOD will build a commercial-scale pilot production line and prepare for a pre-IND meeting with the U.S. FDA. These steps are intended to validate manufacturing scalability and align the product with regulatory expectations. The CHF 4.3 million seed-extension financing strengthens the company’s balance sheet as it advances toward clinical development and eventual commercialization.

  • Relai

    Participated · Equity · May 2022

    Relai offers a mobile app that makes bitcoin saving and investment accessible by allowing anyone to buy and sell bitcoin within minutes with no registration, verification, or deposits. The company is working on expanding its product suite and improving its offering. Relai intends to use the new funding to continue product development and to expand operations. The team is pursuing a MiCA license as soon as possible. Relai was founded by Julian Liniger and Adem Bilican and operates out of Switzerland. It recently completed a Series A funding round to support its growth plans. Relai is a Zürich, Switzerland–based provider of a non-custodial bitcoin app that enables users to buy and save bitcoin. The app allows anyone in Europe to buy and sell bitcoin within minutes without registration, verification, or deposits and includes a non-custodial wallet that gives users full control over their funds. Relai recently expanded its platform to serve SMEs with a product called Relai Business. The company intends to use new funding to add zero-fee trading, upgrade to the Lightning network, and launch a white-label product enabling fintechs to offer fiat-to-bitcoin trading. Relai was founded by Julian Liniger (CEO) and Adem Bilican (CTO). It raised USD4.5M in the latest funding round. Relai is a Zurich-based bitcoin fintech app founded in 2020 by Julian Liniger and Adem Bilican that aims to make bitcoin investment and saving possible for everyone. Its core product is a consumer app for buying and holding bitcoin; the company says the app has been downloaded more than 100,000 times across Europe and, since its July 2020 launch, has recorded over 23,000 downloads and more than 10,000 paying customers. The latest funding will be used to expand its user base across Europe and to continue innovating the app and product experience. Planned product developments include increasing the number of currencies people can use to invest in bitcoin and launching a bitcoin debit card that rewards users with bitcoin on fiat purchases. Relai positions itself as a simple on-ramp to bitcoin for retail users and is focused on scaling adoption. Relai provides a mobile app that lets users invest in bitcoin within minutes using their own bank account and without extra deposits or registration. Led by CEO Julian Liniger, the company emphasizes simple, fast on‑ramps and direct delivery to user-controlled wallets. Relai is building proprietary brokerage capabilities to enable features such as instant purchases with price lock, optimized execution, and direct delivery to Relai or third-party wallets. The company launched in July 2020 and since then the app has been downloaded over 23,000 times. More than 10,000 users are active paying customers. The recent funding is intended to support the development of an efficient order-processing broker and new offerings for investors buying large amounts of bitcoin.

  • yamo

    Participated · Series A · Jul 2020

    Yamo produces fresher, healthier refrigerated baby meals and purees using high-pressure pasteurisation (HPP) to retain nutrients, taste and colour. Its products are sold online via a direct-to-consumer subscription model and through grocery retailers, including Coop in Switzerland and trials in select Edeka and Rewe stores in Germany. Yamo's items last between eight and 12 weeks when refrigerated, and it recently launched what it claims is the first non-dairy oat-milk yoghurt for kids in Europe. Founded in 2016 by Tobias Gunzenhauser, José Amado-Blanco and Luca Michas, the company was created in response to concerns about added sugar, salt and long shelf lives in conventional baby foods. With the new funding, Yamo plans to expand into France and to introduce additional food products for children. The company positions homemade baby food and incumbent baby-food brands as its main competitors and notes the retail challenge of securing refrigerated placement. yamo is a Swiss, vertically integrated baby-food brand that controls recipe development, production, and online sales. It produces fresh, natural organic baby food and leverages innovative high-pressure preservation (HPP) technology to preserve vitamins, taste, and original colours. The company was founded in 2017 by Tobias Gunzenhauser, José Amado-Blanco and Luca Michas. Its products are available in large retailers. yamo plans to use new funding to strengthen its brand presence in Germany and Austria and to bring solid food and snacks to market. The article reports the company raised a low seven-digit funding round.

  • Inpher.io

    Participated · Series A · Nov 2018

    Inpher positions itself as a cryptographic Secret Computing pioneer offering privacy-preserving computing and Privacy-Enhancing Technologies (PETs) for secure multiparty data analytics. The company emphasizes a patented technology and an enterprise-ready product aimed at delivering cryptographically guaranteed trust. Leadership says growth is driven by data privacy compliance and commercial ROI from deriving insights from broader, deeper pools of sensitive data. Inpher is targeting market acceleration and partnerships across telecommunications, finance and healthcare. The announcement cites broader market drivers including Gartner's prediction that 50% of large organizations will adopt privacy-enhancing computation by 2025 and the EDPB's recommendation of split or multi-party processing under the GDPR. The company lists existing investors including Amazon Alexa Fund, JPMorgan Chase & Co, Crosslink Capital, Bowery Capital and Alpana Ventures. Inpher provides an enterprise-ready software platform that delivers turnkey privacy-preserving capabilities in Multi-Party Computation (MPC), Federated Learning (FL) and Fully Homomorphic Encryption (FHE). Its platform enables collaborative and mathematically secure computing so algorithms can learn from encrypted data without seeing or transferring sensitive information. The company has an extensive suite of features and integrations and is expanding across financial services, healthcare, IoT and consumer devices. Inpher says demand for Secret Computing has grown with the proliferation of AI and deeper, more diverse data needs. The company plans to apply the invested funds to accelerate go-to-market activities and to bring its privacy-preserving machine learning capabilities to connected devices and IoT services. Inpher is based at EPFL Innovation Park. Inpher, based in New York City and Ecublens, Switzerland, has developed an advanced cryptographic Secret Computing® platform that keeps data protected while being processed. The platform delivers privacy-compliant analytics to address laws such as Europe’s GDPR and enables machine learning models to be trained on distributed data sources without exposing information. Led by CEO Jordan Brandt, the company raised $10m in a Series A equity round led by JPMorgan Chase & Co., with participation from existing investors Crosslink Capital, Bowery Capital and Polytech Ecosystem Ventures. Inpher intends to use the funds to accelerate growth across global markets and expand adoption among Fortune 500 customers. The financing was announced on 02/11/2018. Inpher develops a software toolkit named _open that encrypts data at inception while supporting search and basic analytical functions without decryption. Its technology lets security-conscious enterprises leverage cloud computing without exposing plaintext to providers. Target industries include banking, insurance, healthcare and IoT platforms. The company moved from private beta with leading companies to a public launch, making the _open toolkit available to the global developer community. The team comprises entrepreneurs, cryptographers and engineers; CTO Dimitar Jetchev is based in Lausanne and is a professor at EPFL, and Jordan Brandt is cofounder and CEO. Inpher is based in Switzerland and Silicon Valley.

  • Klarys (formerly Procsea)

    Participated · Seed · May 2018

    Founded in 2016 by Renaud Enjalbert and Florian Dhaisne, ProcSea runs an open, commitment-free B2B seafood marketplace that links restaurants, wholesalers, fishmongers and central buying services in real time. The platform gives food professionals direct access to freshly caught and processed seafood—including cephalopods, crustaceans, shellfish and recently added deli products—and allows buyers to filter by numerous criteria. ProcSea emphasizes total transparency and champions local distribution channels through its dense network of sellers across France, the United Kingdom (London) and Switzerland. The company offers free access to build liquidity on the platform and has been expanding its seller base across Europe. ProcSea plans to extend its product offering and add new technologies, including integrating artificial intelligence into modules for calls for bids, pre-orders and pre-sales to improve customer experience. Procsea operates a B2B SaaS marketplace for seafood products that brings together fishermen and wholesalers with foodservice professionals, retailers and fishmongers. Founded in September 2016 by Renaud Enjalbert and Florian Dhaisne, the platform currently lists 1,170 products. The company is Franco‑Swiss with operations in Lausanne and Rennes. Procsea intends to use new funding to accelerate market development and help modernize a traditionally non-digital seafood supply chain. The product is positioned to streamline sourcing and expand the marketplace's reach within the food and beverage trade. ProcSea operates a B2B marketplace that lets restaurants and retailers order directly from multiple fishmongers and producers, with delivery in under 24 hours to preserve freshness. Launched five months before the round, the platform already connects fishmongers with over 150 gourmet restaurants and 5‑star hotels. The idea grew from CEO Renaud Enjalbert's experience in seafood import‑export between Scotland and France. ProcSea aims to digitize and disrupt the traditional seafood supply chain and targets a large European market reportedly worth 55 billion francs annually. The company has received recognition as the winner of Réseau Entreprendre Suisse Romande. Management says additional financing rounds are planned to support growth and hiring to scale in the sector.

Team

  • Alexander Fries

    Founder

  • Jacques Billy

    Non Executive Director

    LinkedIn
  • Sal Matteis

    Managing Partner

    LinkedIn
  • Laurent Bischof

    Managing Partner

    LinkedIn