Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem.   First announced back in February, the fund has already invested in 15 early-stage startups. These include Chiral Nano, which develops nanomaterials for silicon chips, and 8inks, which is rejigging the lithium-ion battery.

BING NEWS:
  • Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot
    Founderful has raised $140mn in its second fund in a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem.
    11/14/2024 - 10:23 am | View Link
  • Founderful defies European VC consolidation trend with oversubscribed $140m Fund II
    As Europe’s venture capital market grapples with widespread consolidation and emerging manager buyouts, Founderful has closed an oversubscribed $140 million Fund II. The fund’s success stands in stark ...
    11/13/2024 - 11:24 pm | View Link
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