Swiss investment company Polytech Ventures Holding and Fusion Partners, a corporate venturing organisation in French-speaking Switzerland, have raised CHF 11 million to develop its independent Swiss “startups studio” named Webuild Ventures.
The entities said in a statement that they aim to build the next generation of Swiss startups in the real estate, mobility, financial services and insurance sectors.
With a strong track record in venture building, Fusion Partners will be the operational arm of the initiative, providing startups with operational support, execution power, access to its network and dedicated infrastructure.
Alain Nicod and Sébastien Lamunière have joined the board of directors of WeBuild Ventures, alongside its Founder and CEO, Guillaume Dubray.
“This is both a recognition of our model’s performance and of the dynamism of innovation in Switzerland, which still has a lot to offer. More and more deals are carried out in Switzerland by the largest American venture capital funds.
WeBuild Ventures, our startup studio, offers Swiss entrepreneurs a unique support to help innovation champions emerge. Over the last 15 years I have seen many potential entrepreneurs miss out for the wrong reasons: the WeBuild model removes the last obstacles to entrepreneurial ambition. There is no longer any reason why you shouldn’t take the plunge and conquer Switzerland.”
said Guillaume Dubray.