Zurich, February 16, 2021. The Swiss Startup Group has had a very successful start to the new year: The Group wins an important strategic investor and launches the SSUG Rookie Fund I – its second venture fund for Switzerland.
With the participation of this major strategic investor, the Swiss Startup Group (SSUG) achieves another important milestone. Mike Baur, co-founder and CEO of SSUG: “Our new investor’s commitment underscores the attractiveness and potential of the Swiss venture market and takes us directly to the next growth phase. It allows us to roll out our multi venture fund strategy with the launch of various venture funds and to firmly anchor venture as an asset class in Switzerland.”
At the same time, the Swiss Startup Group is launching its second venture fund as of March 1, 2021. Max Meister, co-founder of the Swiss Startup Group and responsible for the investment business: “There are many very talented Swiss startup founders. With the SSUG Rookie Fund I, we aim to provide them with maximum support. This pre-seed fund invests in the best teams and supports them on their way into the next phase, at which point our SSUG Flagship Fund I takes over. This efficient funding system helps to ensure the success of the most promising startups.”
Swiss Startup Group
Founded on January 5, 2015 by Mike Baur, Max Meister and Oliver Walzer, the Swiss Startup Group has become the largest privately financed venture platform in Switzerland over the last six years. The Group has built up the complete venture business value chain and has put a unique ecosystem of industry specialists, private venture investors, corporate partners and startups on the Swiss startup map. The Swiss Startup Group has become one of the most active Swiss early-stage investors. It specializes in venture asset management and has offices in Zurich, Bern and Lausanne.
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