VC with prominent backers joins SICTIC as Preferred Co-Investor

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05.09.2019
SICTIC  Announcement

Seed X, the new Preferred Co-Investor of the Swiss ICT Investor Club (SICTIC), invests in Seed to Series A startups in the fintech, insurtech, proptech and legaltech space. Among the Board of Directors and Advisory Board members of the European-focused venture capital firm with roots in Liechtenstein, are Prince Maximilian of Liechtenstein, Fred Kindle, Frank Thelen and Peter Spuhler.

The investor category “Preferred Co-Investor” allows SICTIC to close notably larger seed funding rounds for Swiss tech startups. Additionally, it de-risks investments significantly by having both angels and institutional investors looking at and investing in the same deal together. Current SICTIC Preferred Co-Investors include Creathor Ventures and Alpana Ventures.

Mathias Jaeggi, Partner and CEO at Seed X comments: “We see a fantastic traction of strong deep-tech startups from the Tech Hubs both in the German-speaking area of Switzerland and the Romandie. We’re excited to co-invest together with SICTIC Investors and leverage our exclusive network.”

Swiss ICT Investor Club (SICTIC) is a business angel club lead by president Dr. Thomas Dübendorfer. SICTIC organizes Investor Days in multiple locations in Switzerland and is focused on connecting Swiss early-stage deep tech startups with its smart money investor community of more than 290 angel investors.

(Press release)

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