Crypto Startups Push Swiss VC Investments to a Record $1.25B

Economic system & Regulation

Startups primarily based in Switzerland have attracted a file quantity of enterprise capital in 2018 and corporations from the cryptocurrency business have contributed to the notable improve. Zug, which is dwelling to the nation’s Crypto Valley, is among the many cantons with the best progress in funding quantity, a new report reveals.  

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VC Record Pushed by ICT Together with Crypto Sector

Swiss startups obtained virtually 1.24 billion francs (shut to $1.25 billion) of enterprise capital throughout 2018, almost 32 % greater than the earlier 12 months. On the identical time, the variety of financing rounds has additionally elevated by over 31 % to 230. The figures come from this 12 months’s version of the Swiss Enterprise Capital Report launched by the information outlet and the Swiss Non-public Fairness and Company Finance Affiliation (SECA). The…

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