Polytech Ecosystem Ventures Launches $40M Venture Capital Fund

Polytech_Ecosystem_VenturesEPFL Lausanne, Switzerland-based Polytech Ventures and San Francisco, California-based Ecosystem Ventures have merged to launch a new venture capital firm which aims to support Swiss and European tech startups by creating a bridge to Silicon Valley.

With offices in Lausanne, Switzerland and San Francisco, USA, Polytech Ecosystem Ventures announced the first closing of Polytech Venture Investments SCSp, a $40m venture capital fund headquartered in Luxembourg, aimed at seed-stage startups in Switzerland, Europe and USA.

The fund, which was raised from Swiss based institutional and international private investors, invests in startups involved in the digitalization of industries, with a focus on FinTech, InsurTech, Digital Health, and RetailTech.

Led by Alex Fries, Guillaume Dubray and Laurent Bischof, the firm has already invested in 5 startups, as follows:
Beekeeper (CH),
Saphetor (CH),
Inpher (CH /USA),
BlueFox (French/American with EMEA sales office in Switzerland) and
– Weft (USA).

FinSMEs

28/03/2016

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