Swiss venture capital firm btov Partners announces the final closing of its new digital technologies early-stage fund with a volume of US$135 million.

It’s the second fund that focuses entirely on digital technologies, and the ninth for btov Partners in total.

Investments in earlier fund generations included companies such as DeepL, Raisin, SumUp, Orcam, Seven Senders, Ottonova, Urban Sports Club, Ledgy, Foodspring (acquired by Mars) and Data Artisans (acquired by Alibaba).

The fund works very closely with btov’s Private Investor Network of experienced entrepreneurs.

Over 70 of the network members invested personally in the new fund and will work closely with the fund team to identify investment opportunities and support portfolio companies.

The investments of the new fund will concentrate on topics such as AI, digital health, fintech, logistics, B2B SaaS and marketplaces, all across Europe and focusing on seed and series A stages.

Florian Schweitzer, Founder of btov Partners said,

“We are very grateful to have raised this fund with such strong support from our Private Investor Network, as well as from previous institutional LPs, particularly the European Investment Fund.

 

The close collaboration with our investors and our expanded partnership will continue enabling us to identify and win non-obvious investment opportunities better than ever.”