A new strategic investor for the Swiss Startup Group

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17.02.2021

This year has kicked off well for the Swiss Startup Group: in addition to welcoming a distinguished strategic investor, the group announced the launch of its second Fund, SSUG Rookie Fund 1. The new fund to provide promising startups and teams with pre-seed capital.

Over the last six years, the Swiss Startup Group (SSUG) has become the largest privately financed venture platform in Switzerland and one of the most active Swiss early-stage investors. 

To further strengthen its activities, the SSUG has won a major strategic investor that will support its activities. Mike Baur, co-founder and CEO of SSUG: “Our new investor’s commitment underscores the attractiveness and potential of the Swiss venture market and takes us directly to the next growth phase. It allows us to roll out our multi venture fund strategy with the launch of various venture funds and to firmly anchor venture as an asset class in Switzerland.”

This year has kicked off well for the SSUG: in a further announcement, the group will be launching its second venture fund as of March 1, 2021. Max Meister, co-founder of the SSUG and responsible for the investment business says: “There are several talented Swiss startup founders. With the SSUG Rookie Fund I, we aim to provide them with maximum support. This pre-seed fund invests in the best teams and supports them on their way into the next phase, at which point our SSUG Flagship Fund I takes over. This efficient funding system helps to ensure the success of the most promising startups.”

(Press release)

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