The Swiss ICT Investor Membership (SICTIC), a non-profit organisation that connects buyers to native early stage tech startups, reported that it had facilitated 106 out of the 153 funding rounds for Swiss early-stage startups within the ICT and fintech sectors final yr.
These findings had been detailed within the annual SICTIC Funding Report which outlined that SICTIC had coated 69% of all early-stage financing in Swiss ICT and fintech startups.
The aggregated portfolio of the SICTIC investor group had grown to characteristic 254 startups, a few of which have already achieved or are about to realize unicorn standing, i.e. an organization valuation of a couple of billion Swiss francs. Moreover, SICTIC had additionally reported 9 exits final yr.
Transferring ahead, SICTIC might be increasing its focus to assist startups from different expertise sectors sooner or later.
“Regardless of many uncertainties available in the market and a rise in inflation, 2022 was a particularly sturdy development yr for enterprise capital in Switzerland.
This not solely underlines the standard and robustness of Swiss startups, but additionally demonstrates SICTIC’s main function as probably the most lively matchmaking platform for Swiss early-stage financing”
stated Dr. Thomas Dübendorfer, President of SICTIC.
“We wish to lengthen our profitable and environment friendly matchmaking course of to different sectors.
This affords alternatives for our buyers to additional diversify their portfolio, however it permits us to additional enhance our contribution to the Swiss startup ecosystem, as extra startups can profit from our matchmaking course of,”
explains Thomas Ackermann, Managing Director of SICTIC.