"Basel is the perfect location"
Roy Chikballapur launched MachIQ in 2016 and applied for the MassChallenge Switzerland soon after. Not only was MachIQ accepted but also won the competition as one of two Diamond Level winners, gaining 100’000 Swiss francs of funding. The business was first incorporated in Lausanne but relocated to Basel in 2018 with support of BaselArea.swiss. “Many of our customers and partners are in the Eastern Switzerland, in Germany and in France. Basel was the perfect choice, being in the middle of everything,” says Roy Chikballapur.
One of MachIQ’s customers is GEA, a supplier of process technology in the food industry based in Düsseldorf. Further, the company has also partnered with Siemens to deliver its applications on Siemens’ Mindsphere IoT platform.
Roy Chikballapur is an engineer in computer science. During his career, he worked in Bangalore, Bejing, Hongkong, Paris and Nice in companies like Schlumberger and Schneider Electric before locating his startup MachIQ in Basel.