Wingman Ventures, a Zurich-based venture capital firm, evolves into Founderful, aiming to bolster Switzerland’s startup ecosystem. With a rebrand and a hefty $85 million raised for its new Fund II, Founderful sets sights on a $120 million target in coming months.
Diverse Portfolio and Backers:
Founderful’s portfolio spans mobile commerce to robotics, backed by institutional investors, family offices, and founders from unicorn companies like Duolingo and Delivery Hero.
Notable exits include Insightness and Bring! Labs, with more in the pipeline, affirming Founderful’s strategic prowess.
Disrupting the Landscape:
Founderful, initiated in 2019 by industry veterans Pascal Mathis and Lukas Weder, disrupts traditional investment models. With Fund I, it injected $60 million into 40 startups,
catalyzing job creation and additional funding totaling over $350 million. Founderful challenges norms, empowering founders with favorable terms and ambitious visions.
Investment Strategy and Focus:
Founderful’s Fund II earmarks $1-2 million for pre-seed and seed-stage startups, particularly in B2B software and industrial sectors. It fosters innovation in robotics, AI, clean tech, and beyond, nurturing talent from leading Swiss academic institutions via the Founderful Campus program.
Empowering Startups:
Founderful’s commitment extends beyond funding; it provides standardized support, leveraging Switzerland’s robust ecosystem. Investments in companies like Chiral Nano and Nala Earth showcase its dedication to transformative technologies with global impact.
Fostering Growth and Collaboration:
Founderful’s holistic approach fosters sustainable growth, connecting startups with investors and fostering collaboration within the Swiss ecosystem. Its dedication to Switzerland’s top talents positions it as a pivotal force in the nation’s startup landscape.
Severin Hacker’s Endorsement:
Duolingo’s CTO and co-founder Severin Hacker underscores Founderful’s unique value proposition, highlighting its meticulous support for founders. This endorsement solidifies Founderful’s reputation as a trusted partner for ambitious startups.
Future Outlook:
Founderful remains steadfast in its commitment to Switzerland, pledging to lead investments in the country’s most promising startups.
With a focus on nurturing talent and fostering collaboration, Founderful aims to propel Switzerland’s startup scene to new heights.
conclusion,
Founderful’s evolution from Wingman Ventures signifies a pivotal moment in Switzerland’s startup journey. With a robust portfolio, strategic investments,
and unwavering support for founders, Founderful emerges as a beacon of innovation and collaboration in the Swiss ecosystem.
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