FundedIQ

Funded Startups in Aargau

Across the 11 most recent disclosed rounds in Aargau, one debt financing dominates the disclosed amounts: Axpo’s $4.1B (2022-09-06).

Across the 11 most recent disclosed rounds in Aargau, one debt financing dominates the disclosed amounts: Axpo’s $4.1B (2022-09-06). The next-largest disclosed amount is Carvolution’s $28M (2023-07-24), so Axpo’s round is an order of magnitude above the rest.

The list also clusters by time and mixes sectors and stages unevenly. Four rounds fall in a tight spring-to-summer window in 2025 (Sefit health on 2025-06-11 for $180K; Crosstown H2R on 2025-07-04 for $4M; novoMOF on 2025-04-14 for $5M; and Noriware on 2026-05-25 is the most recent at the other end of the range), while Energy, Biotechnology, and Commerce and Shopping each appear in 2 entries. Stage classifications lean heavily on “Series Unknown” (5 of 11), with an additional 2 entries listed as “undisclosed.”

Most recent rounds

11 shown

Related listings

Frequently asked

What’s the biggest disclosed round in this Aargau list, and how does it compare with the others?

Axpo’s $4.1B debt financing (2022-09-06) dwarfs the rest of the disclosed amounts. The next-largest disclosed round is Carvolution’s $28M (2023-07-24), with all other disclosed figures far below that range.

Do the most recent rounds cluster into a specific date window?

Yes: three of the entries are dated between April and July 2025—novoMOF ($5M, 2025-04-14), Sefit health ($180K, 2025-06-11), and Crosstown H2R ($4M, 2025-07-04). That contrasts with older anchors like Axpo (2022-09-06) and Evolva (2022-10-21).

Which stage labels show up most often, and what proportion of entries have unknown or undisclosed amounts?

“Series Unknown” appears 5 times out of 11 (e.g., Noriware on 2026-05-25 for $1M; Liquid on 2026-03-04 for $130K; and Carvolution on 2023-07-24 for $28M). Separately, 2 entries list “undisclosed” amounts—ELDICO Scientific (2024-10-08) and Dropz (2024-02-15).

Are any cities or locations repeated, suggesting a local hub effect?

Baden appears twice with different companies and funding types: Axpo ($4.1B debt, 2022-09-06) and Noriware (Brugg, not Baden) do not both apply, but Baden is used by Liquid (Windisch) no; instead, Baden is explicitly shown for Axpo (Baden) and Crosstown H2R is in Baden? Crosstown H2R is in Baden, Aargau (2025-07-04). Most other locations (Brugg, Windisch, Reinach, Zofingen, Villigen, Frick, Eggenwil, Bannwil) are singletons in the 11-row set.

Which sector appears most concentrated here, and are there any outlier sector mixes?

No sector reaches 3+ entries in this view: Energy, Biotechnology, and Commerce and Shopping each appear in 2 rows (e.g., Energy: Crosstown H2R on 2025-07-04 for $4M and Climate Transition Swiss AG on 2024-04-01 for $10M; Biotechnology: ELDICO Scientific on 2024-10-08 is undisclosed and Evolva on 2022-10-21 for $540K). The largest-disclosed figure is Energy-linked via Axpo ($4.1B on 2022-09-06), which functions as an outlier relative to the sector’s other entries.

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