Swiss Venture Capital Report Highlights Presentation (Swiss Venture Capital Report (startupticker))

Summary

• Swiss venture capital invested capital recorded a 23.9% increase after two consecutive years of decline.p.3
• The number of financing rounds remained virtually stable with a slight decrease of -0.8%.p.3
• Swiss investors participated in 11 of the top 20 financing rounds.p.5
• The ICT sector achieved the strongest capital growth of +145.0% among all sectors.p.7
• Early stage investment volume expanded by +72.6%, setting a record level.p.9
• A total of 32 rounds exceeded CHF 20 million, including 5 transactions above CHF 100 million.p.10

Key insights

1. Swiss investors were involved in 11 of the top 20 financing rounds across Switzerland.p.5
2. The top 4 cantons accounted for an 88.6% share of the total financing sum in 2025.p.6
3. Fintech and Cleantech sectors experienced a decline in round numbers for the third consecutive year.p.8
4. Early stage Biotech investment volume experienced a massive surge of +294.5%.p.9
5. The median investment size for later stage deals declined by -47.0% to CHF 6.5m.p.10
6. 66% of surveyed VC fund managers plan to raise funds in 2026 compared to 40% in 2025.p.15
7. Nine trade sales achieved a valuation above CHF 100 million, while total exit numbers remained low.p.19
8. The canton of Vaud generated 19.6% of the total invested capital in the Romandie region.p.34