Venture Kick looks back on successful year

Venture Kick has released its 2020 Annual Report. This reveals that despite the COVID-19 pandemic, startups supported by the venture capitalist received 724 million francs last year. The top 10 financing rounds with leading Swiss and international investors alone resulted in more than 300 million francs, as was reported in a press release. These startups created 1,138 jobs in 2020.

Venture Kick wants to make a substantial contribution to increase the number of high-quality startups in Switzerland and accelerate their funding and market entry. “We kick startup ideas to global success with all the necessary support for the founders to advance their business,” said Jordi Montserrat, co-managing director of Venture Kick.

In addition to the increasing number of large fundraising rounds and exits from alumni, Venture Kick saw two major highlights in 2020: being presented with the Swiss Biotech Success Stories Award and the merger with Volkswirtschaftsstiftung on 1 November. This merger will enable Venture Kick to support 86 new spin-off projects from Swiss universities in 2021 with 5.5 million francs. Demand was at an all-time high in 2020, with over 700 applications.

In 2022, Venture Kick looks forward to celebrating 15 years of existence, said co-managing director Beat Schillig. “And we want to raise our champagne glasses and toast to a total of CHF 5 billion raised and 10,000 jobs created.”