SICTIC again facilitates more than 100 financing rounds

Switzerland's largest angel investor club published its annual SICTIC Investment Report today: Out of 153 funding rounds for Swiss early-stage startups in the ICT- and FinTech sector, 106 rounds involved SICTIC investors. This means that SICTIC once again covers the vast majority, 69%, of all early-stage funding rounds in Swiss ICT startups.

The investments covered a broad range of verticals.Fintech, communication, and Hardware, were the verticals of choice for SICTIC Investors in 2022. Together, these three verticals represented half of all the new rounds made at SICTIC.Furthermore, SICTIC reports a remarkable 9 exits bringing up SICTIC’s total to 25 exits since the inception of the organization. While there were no IPOs, SICTIC portfolio startups exited via trade sales and acquisitions to major foreign and domestic technology companies.

"Despite many uncertainties in the market and an increase in inflation, 2022 was an extremely strong growth year for venture capital in Switzerland. This not only underlines the quality and robustness of Swiss startups, but also demonstrates SICTIC's leading role as the most active matchmaking platform for Swiss early-stage financing" Dr. Thomas Dübendorfer, President of SICTIC, icommented.

Outlook for 2023

Apart from an overview of SICTIC’s activities in 2022 and the startup portfolio of more than 250 companies, the SICTIC Investment Report also provides insights and advice. These include statements by SICTIC’s Institutional Investors who share their early-stage investment outlook, focus and advice to startups for 2023.

The Investor Club itself will expand its focus in 2023. SICTIC announced its intention to support startups from other technology sectors in the future, in addition to startups from the ICT and Fintech sectors: "We want to extend our successful and efficient matchmaking process to other sectors. This offers opportunities for our investors to further diversify their portfolio, but it allows us to further increase our contribution to the Swiss startup ecosystem, as more startups can benefit from our matchmaking process," explains Thomas Ackermann, Managing Director of SICTIC.

(Press release / SK)