SwissDeCode SA

SwissDeCode SA develops advanced rapid DNA detection solutions to enhance food safety and quality through innovative testing technologies for various contaminants in the food supply chain. Founded in 2016 and headquartered in Lausanne, Switzerland, SwissDeCode SA specializes in rapid DNA detection solutions for food safety. The company has successfully completed six funding deals, the most recent being in October 2021 when it raised EUR 1 million led by the European Innovation Council. Brij Sahi, who is also the CEO, is one of the founders of the company.

SwissDeCode specializes in developing rapid DNA detection solutions aimed at enhancing food safety and quality throughout the supply chain. The company's flagship products include on-site testing kits and automated devices designed for real-time detection of contaminants such as genetically modified organisms (GMOs), pathogens like Salmonella and Listeria, and various allergens in food products. These devices allow users, such as food manufacturers and inspectors, to perform quick and accurate tests without the need for laboratory technicians, delivering results and certification in less than an hour. SwissDeCode's solutions cater to a diverse clientele in agriculture, animal feed, pet food, food and beverage sectors, and dairy industries, with geographical markets spanning Europe, North America, and parts of Asia.

SwissDeCode generates revenue primarily through direct sales of its rapid testing kits and automated systems to businesses across the food supply chain. The company's transactional structure is B2B, focusing on partnerships with food manufacturers, certification entities, and retailers to facilitate the adoption of its products. Sales transactions typically involve one-time purchases or contractual agreements for bulk orders, where customers can leverage the testing solutions to ensure compliance with food safety standards. While specific pricing details for the individual products and services are not disclosed, the company’s offerings, such as the DNAFoil and BEAMitup systems, are integral to its revenue model, positioning SwissDeCode as a critical player in ensuring food authenticity and safety.

In October 2021, SwissDeCode SA raised EUR 1 million in venture funding led by returning investor European Innovation Council. The company plans to utilize this funding to drive its growth in customer acquisition and new product development, which may include launching additional rapid testing solutions. Expansion into new markets, particularly in North America and parts of Asia, is also on the agenda, with the aim to enhance their market presence by 2023.