After nine months of preparation, S2S Venture is starting operations. This is the first venture capital company led by students in Switzerland according an article on the platform startupticker.ch. Students from the Swiss Federal Institutes of Technology in Zurich and Lausanne, the University of Zurich (UZH), and the University of St.Gallen (HSG) are involved.
The students are being supported by a team of investors, including Thomas Meier, Cynthia Jurytko and Alexander Ilic. These names are well known to the investor scene. Meier was Investment Manager at Redalpine Venture Partners, Jurytko is also Investment Manager at Wille Finance, and Ilic founded the ETH AI Center as well as investing in several start-ups. However, as Jurytko states in a press release on LinkedIn, it is the students who make the investment decisions at S2S.
S2S first hopes to enter into contracts with other venture capital companies and receive investments from institutional investors. The initial aim is to secure a total of 10 million Swiss francs and use these funds to invest in start-ups. Investments of 20,000 to 150,000 Swiss francs per start-up are to be made. The focus is on companies that are linked to universities.
One of the students’ objectives is to improve the connection between investors and start-ups. At the same time, the initiative should contribute to students learning how venture capital companies operate early on.