Record Year in VC
Venture capital in Switzerland breaks all records
A growth rate of over 80% led to total investments of almost 2.3 billion Swiss francs in Switzerland. A record that proves once again that venture capital has become an integral part of the Swiss financial industry. The dominant sector is ICT, closely followed by biotech and fintech. In the canton of Zurich, more than 85% of the money went to ICT and Fintech start-ups, while biotech investments are particularly popular in Basel. It should be noted, however, that a large part of the capital, especially in the later growth financing, comes from abroad. More commitment from Swiss investors is needed here.