News & Analysis

driven by the PitchBook Platform

The top 10 most active VCs in Switzerland

The Swiss venture capital ecosystem is on the up as startups and investors see more and more deals and capital going their way. Here’s a list of the top 10 VCs in Switzerland.

Photo credit: iStock/Getty Images Plus

Venture capital funding in Switzerland broke 1 billion Swiss francs (€895 million) for the first time last year, with startups from the country raising more than €937 million across 131 deals, per PitchBook data. A quarter into 2019, 22 Switzerland-based companies have already secured nearly €465 million. Swiss VC investors participated in venture rounds worth more than €4.5 billion combined on 202 deals in 2018, a sharp rise from the year before, which registered €2.4 billion spread across 190 transactions.

While perhaps less known than some of their counterparts in neighboring countries, VC firms from Switzerland appear to have a knack for picking European unicorns, with companies such as Airbnb, N26 and Spotify gracing their portfolios. And it’s not just traditional VCs who are establishing themselves; Three of the 10 most active Swiss VCs since 2015 are corporate venture firms.

Using data from the PitchBook Platform, we’ve identified the 10 most active Switzerland-based VC investors since the beginning of 2015, along with their deal counts:

1. Investiere (68)
2. Novartis Venture Fund (56)
3. HBM Partners (54)
T-4. HBM Healthcare Investments (49)
T-4. Mountain Partners (49)
6. Lakestar (47)
7. Polytech Ecosystem Ventures (43)
8. Roche Venture Fund (40)
9. Swisscom Ventures (39)
10. Redalpine Venture Partners (37)

To see the full list of Swiss venture capital investors, click here.

  • leah-hodgson-photo.jpg
    Written by Leah Hodgson
    Leah Hodgson is a London-based senior reporter for PitchBook covering venture capital across Europe and the Middle East. Leah graduated from the University of Surrey with a BA in international politics with French. She has previously been a radio reporter in France. She later turned to financial journalism, covering the wealth management industry. She joined PitchBook in 2018.
Join the more than 1.5 million industry professionals who get our daily newsletter!