Zurich-based venture capital firm Founderful has raised $140mn in its second fund — $20mn more than its target and a strong sign of investor confidence in Switzerland’s flourishing tech ecosystem. First announced back in February, the fund has already invested in 15 early-stage startups. These include Chiral Nano, which develops nanomaterials for silicon chips, and 8inks, which is rejigging the lithium-ion battery. Founderful — formerly Wingman Ventures — was launched in 2019 by Pascal Mathis, the co-founder of local travel marketplace unicorn GetYourGuide, Eat.ch co-founder Lukas Weder and Alex Stöckl, former exec at Creathor Ventures. The founder-led VC exclusively backs…
This story continues at The Next WebRead More