Redalpine closes third fund

Redalpine, a venture capital firm supporting European seed- and early stage startups, announced the final closing of the third fund. Redalpine has now over 100 million francs under management. This enables Redalpine to support startups in scaling their businesses.

With its headquarters in Zurich, Redalpine invests in European startups with disruptive technologies in the field of Life sciences and in ICT startups. In August, Redalpine achieved the final closing of  the third Fund «Redalpine III», thanks to the contribution of various investors including entrepreneurs, family offices, and several corporates. Redalpine does not disclose the size of the fund, however in our interview Peter Niederhauser and Michael Sidler confirm that with the new funds, Redalpine now has a total of distinctly more than CHF 100 million under management.

The new fund will enable the firm to participate in further financing rounds and to support its portfolio companies in their growth journey. Seven startups have already been financed with resources from Redalpine III and currently the finalisation of the eighth investment is underway.

Peter Niederhauser, founding partner at Redalpine, is pleased to having won the support of the several investors that have enabled the third fund to be a success. He said: “Having a stable track record is essential for winning investors. We were able to deliver a sustainable and convincing performance. It is not only crucial to have true and healthy returns, but also a consistent development throughout”.

(SK / RAN)