Schlieren ZH – Venture Kick will increase its financial support for early-stage start-ups by 30 percent in 2025. According to its annual report, the initiative invested CHF 6.7 million in 97 new projects last year. At the same time, their start-ups attracted investments of over CHF 1 billion.
(CONNECT) According to its annual report, Venture Kick supported a total of 97 new start-up projects with CHF 6.7 million in 2024. In the same period, the start-up promoter reviewed 880 applications. Their number has risen by 13 percent compared to the previous year. The applications came from the ICT, biotech, medtech, cleantech, electronics, materials and nanotechnology sectors.
According to a press release, a record number of 66 alumni made it into the TOP 100 Swiss start-ups last year. And "despite a difficult fundraising environment", Venture Kick start-ups have attracted over 1 billion in investment. All of this underlines "the continued success of the Kick Foundation initiative in strengthening Switzerland's position as a global innovation leader".
"We have become a trusted resource that connects entrepreneurs with the right investors and gives them the visibility they need to succeed," said Pascale Vonmont, Delegate of the Strategy Board. "Going forward, we want to amplify this impact and ensure that the next generation of Swiss innovators have the tools and support they need to secure the capital they need to succeed even faster."
To this end, Venture Kick 2025 aims to increase its support by 30 percent compared to the previous year and support a total of 3,000 science-based start-ups and create 100,000 jobs by 2033. In order to achieve these goals, the foundation is reportedly continuously expanding its partner consortium, while Venture Kick is actively looking for new donors. ce/mm
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