The Week in Swiss Startups (11-15.3.2024) - Week #11
The second week of Mar '24 features 5 startups and 0 exits. 130 investors in the Swiss-based investor database! Backbone Ventures closes a new fund to invest in underrepresented founders!
Hi there!
Following the launch of the Swiss Startup Investors Database, the newsletter has experienced rapid growth, now boasting 1500 subscribers! The database reached 130 profiles, and I am working on the international investor’s section - stay tuned! 🙏 dealroom.co for the collaboration!
Last week, the investment activity within Swiss startups remained quiet. However, two prominent Swiss venture capital firms have made significant announcements:
Backbone Ventures has raised a new EUR 20M fund to invest in underrepresented founders.
Redalpine has undergone a rebranding initiative and has five open positions (see below).
See you at the START Summit on Thursday and meet the Google team on the Forbes stage: How digital native companies disrupt industries through technology.
Have a great week!
Gian
P.S.: Do you want to support/sponsor the weekly newsletter? Discover your options here!
Financing rounds
Agritech
Cotierra: $1M - Pre-Seed
Biotech
OBaris: CHF 100k - Convertible Loan
Medtech
Odne: $5.5M - Series A1
Alithea Genomics: $3.2M - Seed extension
Spacetech
DPhi Space: CHF 100k - Convertible Loan
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Resources
Database of Swiss startup investors - 130 profiles
New additions: Virtual Network (VC), VF invest (Family Office), Business Angels Aargau (Angel Club)
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Swisspreneur Podcast
Listen to Samuel Mueller, co-founder and CEO at Scandit: Scandit Lessons in Scaling - EP #380
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Jobs in Swiss VCs & startups
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