CV VC raises CHF 13 million financing round

The financing round marks the end of a successful build-up. CV VC, which invests in blockchain startups at all stages of development, has created a bespoke incubation program and invested in 27 blockchain startups from Switzerland, Europe, the Americas and Africa. 

In addition, CV VC has created its ecosystem consisting of the incubator, co-working spaces in Zug, Vaduz and Dubai, events and consulting. Investors can participate in the growing startup portfolio of the Zug-based company through investment products launched in cooperation with Swiss Asset Manager partners. The first "Technology for Tomorrow" certificate has just been launched. 

CV VC is further expanding its startup portfolio with its newly secured CHF 13 million investment. “This financing round is a milestone in the young history of CV VC. It underlines the strength of our business model and the attractiveness of our strategy and business. What CV VC has achieved in such a short time convinces our investors: building a strong startup portfolio and a thriving ecosystem,” comments Mathias Ruch.

New office in Dubai

The company will open offices in Africa and Asia, where blockchain technology applications and solutions are rising. Additionally, CV VC has opened CV Labs Dubai this week in the DMCC free trade zone. 

“In the last three years, CV VC has screened over 2000 projects from 50 industry sectors, 16 countries, four continents. The best of these enter a 12-week incubation program with experts and specialists and receive up to 125,000 Swiss francs in investment funds. Our investment approach, which includes direct investments, and our ecosystem have proven so successful that we can now enter the next stage of growth,” says Mathias Ruch. 

(Press release / RAN)