S2S Venture makes new investments

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29.09.2023

The student-run venture capital firm S2S Ventures has this year invested in four startups from Central and East Switzerland. The young startups, spanning the fintech, medtech, healthcare IT, and ICT sectors, impressed the investor team with their sustainable and user-friendly solutions.

S2S Ventures established itself in October 2021 with a mission to guide entrepreneurs and small to medium-sized enterprises (SMEs) through their journey from early stage to growth. With a CHF 10 million fund and a dedicated committee comprising students with different science and business backgrounds from the University of Zurich, ETH Zurich, University of St. Gallen, and EPFL, S2S Ventures differentiates itself by offering not just financial investment but also hands-on operational and foundational support. Over the past month, S2S Ventures announced its next investments into four startups spanning a wide spectrum of industries, including ICT, healthcare IT, fintech, and medtech.

Zug-based fintech startup Frigg.eco empowers sustainable infrastructure developers to issue digital bonds, harnessing the potential of blockchain and Internet-of-Things (IoT) technology. By streamlining financing workflows, this innovative platform reduces manual efforts and costs for small to mid-sized renewable energy developers, thus upgrading sustainable finance.

In the medtech sector, sensawear impressed S2S Ventures with their textile-based monitoring systems. Based in Berne and founded in 2023, the startup is dedicated to enhancing patient care and safety through wearable, textile-integrated tissue oxygenation and pressure sensors. Based on near-infrared spectroscopy, these sensors offer real-time feedback on deep tissue oxygen saturation and pressure against the skin. Sensawear's technology effectively prevents painful and dangerous pressure injuries in patients.

The Berne-based startup enhance-d, established in 2022, also left a lasting impression on S2S Ventures with their diabetes management solution. Its software offers data analysis and recommendations based on patients' data, empowering individuals with diabetes to make informed decisions regarding their condition. At the same time the software seamlessly integrates with standard diabetes monitoring hardware like continuous glucose monitors (CGM).

In the vertical of ICT, St. Gallen-based startup storabble stood out among other young companies. As Switzerland's leading storage space comparison platform, storabble simplifies the selection of suitable storage solutions. By centralizing all relevant storage options, it enables customers to make informed choices. The startup takes a holistic approach by integrating additional services like insurance, moving, and sustainable storage and transport solutions directly into its platform. Just three weeks ago, the startup secured CHF 335,000 in a pre-seed round from eight angel investors, marking an important milestone in their journey. Read more details on the financing round in our article.

(SR)

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