Swiss Startup Factory establishes holding company
Swiss Startup Factory (SSUF) runs an accelerator programme for promising early stage ICT start-ups. In additional to financial and professional support, they also receive access to a network of experts and investors.
Now that the privately financed start-up accelerator can look back on an intense but successful 2.5-year build up phase, it can to turn its focus toward internationalisation, as CEO and co-founder Max Meister explains in a statement.
SSUF also announced a strategic milestone: over the last months, it has founded the Swiss Startup Group (SSUG). The new company acts as a parent company, consolidating all activities and holdings of SSUF.
SSUG has already completed a successful financing round, bringing in several high-level investors. It has also set itself an ambitious goal to become the most important early stage start-up investor in Switzerland.
“With the SSUG we want to put Switzerland on the map of international early stage investors,” said Mike Baur, executive chairman of SSUG.