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The startup scene in Switzerland

Zug’s crypto and fintech cluster is connected to Greater Zurich, according to the Canton of Zug’s economic-development office. The canton’s 2025 blockchain-entity count was 719; this is a canton-level figure, not a count for Zug city. [37131, 37128]

Population
23,435
Time zone
Europe/Zurich
Fig. 977 · Alphorn

About

Zug’s crypto and fintech cluster is connected to Greater Zurich, according to the Canton of Zug’s economic-development office. The canton’s 2025 blockchain-entity count was 719; this is a canton-level figure, not a count for Zug city. [37131, 37128]

HSLU’s school in Rotkreuz combines computing education with applied research and development and continuing education. [37132]

Examples of reported business and financing activity include Zug-based Recoveris, which says it was founded in June 2025, and reported VerifyVASP-led strategic financing with angel participation. M0’s August 2025 company announcement reported a $40 million Series B and $100 million in cumulative funding; its release was datelined Zug, which does not establish the company’s headquarters or founding location. [37138, 37139, 37140]

IFZ’s 2025 study reports CHF 90 million in Zug-canton fintech venture investment in 2024 and says 30% of its observed Zug fintech company set had been deleted or was in liquidation by the end of 2024. [37136, 37137]

Startup ecosystem standing

Where Zug ranks

Rankings that list Zug
RankingEditionPositionSince last editionTrustWhat it measures
Global Startup Ecosystem Index (cities)2025#104No prior editionBEcosystem, Activity, Finance, Business Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

95 organizations with a profile

Who's based in Zug

Investors 81

CV VC logoInvestor

Investing in the future of blockchain technology.

The 3 most prominent of 81. Browse all investors

Venture studios 7

ValleyDAO logoVenture studio

Funding and accelerating synthetic biology research.

Velocity Labs logoVenture studio

Empowering builders in the Polkadot DeFi ecosystem.

The 3 most prominent of 7. Browse all venture studios

Accelerators 6

CV Labs logoAccelerator

CV Labs is an international ecosystem builder based in Zug, Switzerland, focused on supporting startups, corporates, and investors in the blockchain…

xcube.bio logoAccelerator

Accelerating biopharma market entry in Europe.

Tectris.vc logoAccelerator

Accelerating Web3 in Travel & Hospitality

The 3 most prominent of 6. Browse all accelerators

Incubators 1

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Your way in

From public sources

What the sources say about Zug

Questions about Zug

How does Zug rank as a startup ecosystem?

Zug is #104 of 1,473 in StartupBlink Index (cities) (2025).

How many startup investors are based in Zug?

81 investors based in Zug have a profile here, including Bregal Unternehmerkapital, CV VC and HBM Partners AG. The real number is higher.

Are there accelerators or incubators in Zug?

Yes. Zug has 6 accelerators, 1 incubator and 7 venture studios on record, including CV Labs, Suisse Blockchain i.L. and ValleyDAO.

Geographic proximity

Nearby cities to Zug

All cities in Switzerland

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