After months of vigorous assessment, Swiss innovation agency Innosuisse has certified Vatorex as 'ready for sustainable growth'. The certification is an external due diligence process, which analyses the business model and proposal of Swiss start-ups, and marks the completion of core coaching. The process is known to be incredibly in depth to assure the highest standards are met.
To receive the accreditation, the start-up must meet the following criteria:
the start-up company has a solid base and can handle growth in the future;
the start-up company is prepared to receive financial funding if it is needed;
the start-up company has a professional management team that has the required skills or has access to these skills;
the start-up company has shown that it has access to the market and is established within the industry;
the start-up company was founded in accordance with Swiss law.
For the start-up and investment community, the accreditation attests to the innovation and marketing foundation laid by Vatorex, but for the company, it also makes next level scale up coaching available.
«We are absolutely thrilled with this result. To be recognized by such a highly valued institution as Innosuise is an incredible vote of confidence. As a company, this accreditation strengthens our resolve and motivates us to keep growing. We believe technology has a huge role to play in saving honey bees, and we are well on the way to realising this future.»
To date Vatorex has installed around 2000 thermal varroa treatment systems in beehives across 15 countries: mostly for hobby beekeepers. Now Vatorex is adapting their suite of technology to cater for commercial beekeepers in Europe, some of whom manage thousands of hives and care for millions of bees.
Vatorex is proud to be an awarded company by Innosuisse.