New Report Reveals Swiss Startups Raised CHF 3.1 Billion in 2021
The Swiss Venture Capital Report 2022 published yesterday revealed that Swiss startups raised CHF 3.1 billion in 2021. Innovaud Director, Patrick Barbey, takes this as a sign that the Swiss innovation ecosystem has remained robust, despite the pandemic.
LAUSANNE, January 28, 2022 — 2021 was a record fundraising year for Swiss startups, according to figures published yesterday in the Swiss Venture Capital Report, prepared by Startupticker.ch in conjunction with the Swiss Private Equity & Corporate Finance Association (SECA) and startup.ch.
Highs were recorded both nationwide, with CHF 3.1 billion invested in 2021 (versus CHF 2.1 billion in 2020), and in Vaud Canton, where venture-capital funding amounted to CHF 604.6 million in 2021 (versus CHF 409.1 million in 2020).
“This record fundraising performance for both Vaud Canton and Switzerland as a whole is a very good sign for our economy,” says Patrick Barbey, the Director of Innovaud. “It provides further proof that our innovation ecosystem has remained robust and resilient despite the pandemic.”
Swiss Food & Nutrition Valley member, ecoRobotix, made it into the top ten funding rounds in Vaud Canton. The cleantech startup raised CHF 13.2 million in their Series C funding round in June last year to develop their AI-based ultra-high precision farming solutions.
Many other Swiss Food & Nutrition Valley members were similarly successful in securing the funds needed to scale their innovations in 2021. Plant-based meat alternative startup, Planted secured CHF 17 million in a series A round in March, before closing a CHF 19 million pre-Series B round in August. Farmer connect raised CHF 8.3 million in their series A round in March. AgroSustain, Axino Solutions, Foodetective, Luya Foods and Vivent also closed successful seed and early stage rounds.
About the Swiss Venture Capital Report
For the past ten years, the Swiss Venture Capital Report has provided a round-up and analysis of all publicly disclosed venture-capital investments in Swiss startups. This report is prepared by Swiss news portal Startupticker.ch together with Swiss Private Equity & Corporate Finance Association (SECA) and startup.ch
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