Company Overview
About Haelixa
Haelixa is a Zurich, Switzerland-based physical supply chain traceability company — an ETH Zurich spin-off founded in 2016 by PhD researchers — embedding DNA markers into textiles, precious materials, and luxury goods to provide forensic-grade authentication and origin verification that remains detectable through washing, processing, manufacturing, and global distribution. Founded by Michela Puddu (CEO) and CTO Gediminas Mikutis, with new CEO Patrick Strumpf and Stefan Karlen joining the Board in 2024-2025, Haelixa has grown to 17 employees and achieved $1.5 million in 2024 revenue (up 84% from $815,000 in 2023), tracking over 30 million garments globally for partners including C&A, Soorty Enterprises, Oerlikon, Damteks, and regenagri. The company has raised seed funding from investiere and Zurich Cantonal Bank and won 20+ international awards. Haelixa's DNA markers are engineered to be non-toxic, vegan, and biodegradable — validated through laboratory spectroscopy analysis providing forensic-grade proof of origin.
Business Model & Competitive Advantage
Haelixa's physical DNA traceability addresses the greenwashing and counterfeiting vulnerability in supply chain sustainability claims: fashion brands sourcing organic cotton, recycled polyester, or ethically-mined gold face audit fraud and documentation forgery that makes digital tracking systems (paper certificates, QR codes, blockchain records) insufficient for verifying physical material origin — a fabric can be certified organic on paper while the actual fiber in the garment is conventionally farmed cotton from a different region. Haelixa's DNA markers (applied directly to cotton fibers at the farm, recycled material at the processing facility, or gemstones at the mine) create a persistent physical link between the material's origin and the finished product that cannot be separated by mixing, processing, or falsifying documentation. The forensic-grade laboratory validation (spectroscopy detecting unique DNA sequences that identify the exact origin batch) provides the evidentiary standard that EU supply chain due diligence regulations (German Supply Chain Act, EU CSRD) require for non-financial sustainability reporting.
Competitive Landscape 2025–2026
In 2025, Haelixa competes in the supply chain traceability, textile authentication, and material verification market with Oritain (private, chemical fingerprint traceability, $50M raised), Applied DNA Sciences (NASDAQ: APDN, SigNature DNA for textiles), and Fibretrace (fiber traceability with photoluminescent markers) for fashion brand adoption of physical traceability verification in response to EU textile and supply chain transparency regulations. The 84% revenue growth (2023→2024) reflects accelerating demand from fashion brands under EU compliance pressure — the EU Textile Labelling Regulation and the German Lieferkettensorgfaltspflichtengesetz (Supply Chain Due Diligence Act) require verifiable sustainability claims that Haelixa's DNA markers provide. The 30 million garment tracking milestone demonstrates commercial-scale deployment capability beyond pilot programs. The 2025 strategy focuses on expanding partnerships with major European fashion brands under EU regulatory compliance timelines, growing the precious materials traceability application (gold, diamonds), and scaling the Zurich-based DNA marker manufacturing capacity.
The Haelixa Story
Founders
Recent Activity
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Major milestones in Haelixa's journey
Leadership Team
Meet the leaders behind Haelixa
Patrick Strumpf
Patrick Strumpf joined Haelixa as CEO with over 20 years of experience building and scaling businesses. He leads the company's growth strategy and expansion of DNA traceability solutions across textiles, precious materials, and supply chain transparency markets globally.
Michela Puddu
Michela Puddu co-founded Haelixa in 2016 and previously served as CEO. She developed DNA marker technology for product traceability during her PhD at ETH Zurich and has been instrumental in building partnerships with major textile brands and manufacturers committed to supply chain transparency.
Gediminas Mikutis
Gediminas Mikutis serves as Chief Technology Officer and co-founded Haelixa. He developed the core DNA marker technology during his PhD at ETH Zurich and oversees technology development, ensuring forensic-grade traceability and expanding applications to new materials and industries.
Stefan Karlen
Stefan Karlen joined Haelixa's Board of Directors, bringing over 30 years of supply chain industry experience. He previously served as Group CEO of Panalpina, one of the world's leading freight forwarding and logistics companies, providing strategic guidance for Haelixa's global expansion.
Fabrizio Incoronato
Fabrizio Incoronato leads business development at Haelixa, managing partnerships with textile manufacturers, fashion brands, and supply chain stakeholders to implement DNA traceability solutions across sustainable material verification programs.
Key Differentiators
Emerging Innovator
Haelixa is an emerging player bringing innovative solutions to the Luxury Goods market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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