F10 Launches New Fund Enabling Investment Into Its Accelerator Incubateesby Fintechnews Switzerland December 15, 2020
Swiss fintech incubator and accelerator F10 has announced the launch of its F10 Investment fund. Through the newly founded F10 Investment, corporate partners of its Swiss hub can invest in carefully selected startups graduating from the F10 Incubation Programme in Zurich.
The investors in the F10 Investment are SIX Group, one of its corporate partners, as well as the innovation entity of insurance provider Generali Switzerland, the House of Insurtech Switzerland (HITS).
Qualified investors get the chance to invest through the F10 Investment. The F10 Investment is looking for further investors to join the initiative, support, and participate in revolutionary tech startups’ success story.
For each batch of the programme, experienced F10 startup coaches and F10 corporate partners will choose the best teams out of more than 300 applications from all over the world.
“Time is a decisive factor for startups. Funding at the right time helps the teams grow faster and take the first steps to scale their business. From the Incubation Program that’s been running in Zurich since 2016, we have seen that early strategic investments contribute significantly to the success of our startups”,
says James Sanders, Startup Coach, Investment Expert at F10 and now also General Manager of F10 Investment AG.
F10 is currently scouting for innovative teams to join Batch VII in Zurich starting in June 2021. The six-month program is tailored for pre-seed startups with first prototypes in fintech, regtech, insurtech and deep tech.
Organisations interested in partnering with F10 to further innovation and future-proof new ideas as well as business models can reach out here.
The F10 Investment board has decided to make first investments into the following startups of Batch V of its incubation programme in Zurich:
The UK-German startup AAZZUR enables the open banking revolution by reducing the go-to-market time for neo banks as well helping banks monetise customer data by cross-selling financial services.
The Switzerland-based startup Aequitec has developed a platform for automated corporate governance workflows. Their core product is a share register for paper certificates, intermediated securities (“Bucheffekten”) and tokenized shares.
The Swiss InsurTech Mitra provides tools and services to digitise insurance products at their core.
The UK-based startup VALK is an end-to-end digital transaction solution for private markets built on Corda.