Founderful raises $140M fund as Switzerland vies for Europes tech top spot

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 Switzerlands 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. Founderful formerly Wingman Ventures was launched in 2019 by Pascal Mathis, the c

15 Nov 2024 4:20 am