Gaia Turbine SA closes CHF 1M seed investment round

Gaia Turbine is developing and will commercialize an innovative plug-and-play hydroelectric turbine that achieves more than 90% efficiency in wide range of working conditions, much better than the conventional turbines. The capital raised will be used to install a pilot turbine at a hydroelectric power plant in Ticino and start the commercialization efforts.

2021 Unicorn Startups vs 2023 Donkey Startups


– Raised sooo much money

– Hedge funds turned VCs led every round past the B and drove the valuation to sky-high limits

– Hired and hired and hired

– 45 month payback

– Sponsored everything under the sun

– Valuation implied they’d get 100% market share and kill Salesforce and Hubspot within 5 years

– If they don’t 3x this year all is lost

– Even with $20M in the bank, only 10 months of runway left

– Beautiful creatures but not particularly durable




– Bootstrapped till profitability then raised a nominal amount of funding

– Did one round and moved back to profitability shortly thereafter

-Kept the team lean and mean and used automation wherever they could

– 20% growth this year but profitable and sustainable

– 12 month payback

– Valuation implied they’re a solid company with durable enterprise value

– They’re profitable so if they don’t hit their growth target they still get to be a company forever

– Infinite runway

– They’re an acquired taste but they get the job done and make it to the top of the mountain


Date a unicorn. Marry a donkey.


Sam Jacobs

Grande successo per la seconda edizione della Giornata cantonale delle startup

09 febbraio 2023

Oltre 400 persone in presenza, un centinaio collegate nel metaverso o in streaming, una dozzina di relatori qualificati e una ventina di startup. Sono, questi, i numeri della seconda edizione della Giornata cantonale delle startup, organizzata quest’oggi a Lugano dalla Divisione dell’economia del Dipartimento delle finanze e dell’economia (DFE), in stretta collaborazione con la Fondazione Agire.