February 17th, 2022 (Renens, Switzerland) – MassChallenge Switzerland, part of MassChallenge’s global network of innovators, is happy to announce its partnership with Bystronic, a technology company globally leader in sheet metal processing.
MassChallenge and Bystronic believe in change and, from 2022, will work together to reinforce the innovation ecosystem in the industry.
“We are partnering with MassChallenge to accelerate sustainable innovation with a network of innovative and sustainability-focused start-ups; we are seeking partnerships that help us shape progress for a sustainable future beyond sheet metal,” said Michael Präger, ESG Officer at Bystronic.
“We are really pleased to be partnering with Bystronic as they bring fantastic expertise in their sector and a clear focus to help startups create breakthrough solutions that will reduce the carbon footprint in their supply chain. Together Bystronic and MassChallenge Switzerland’s startups can make a difference and add value to society, and we’re pleased to help both on this great journey,” said Matt Lashmar, Managing Director of MassChallenge Switzerland.
With high-tech solutions, software, and services, Bystronic is a technology leader in the sheet metal industry. The company acquired the software company, Kurago and can now orchestrate and align the entire material and data flow of the cutting and bending process chain. Headquartered in Niederönz, Switzerland, Bystronic’s global operations include production facilities in Germany, Italy, the US, and China; Bystronic is represented in over 30 countries. Bystronic’s know-how is beneficial for early-stage startups; more than 80% of Bystronic’s innovative solutions are already co-created. Thus, the company is constantly searching for strong partners to co-write the next chapter of the industry.
MassChallenge is the global network for innovators. Headquartered in the United States with seven locations worldwide, MassChallenge equips bold entrepreneurs to disrupt the status quo and create meaningful change. Since launching in 2009, more than 2,928 MassChallenge alumni have raised more than $8.6B in funding, generated more than $3.6 B in revenue, and created more than 186,000 total jobs.
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