Founded in Zurich in 2006, redalpine has been investing with the same strategy for almost two decades and is one of the most experienced venture capital firms in Europe. With offices in Zurich, Berlin, and Silicon Valley, redalpine is known for funding disruptors in the software and science sectors — from AI, software, biotech, and food technology to fintech, healthcare and energy. With a global presence, redalpine has made a name for itself through its ability to fund companies with great potential. To date, redalpine has invested in over 100 companies, including Aktiia, Lakera, relai, Carvolution, Memo Therapeutics, N26, Klarna and Taxfix.
Thanks to this strong and long-standing track record, together with the fund's consistent top quartile returns, the Swiss VC has closed an oversubscribed redalpine Capital VII (RAC VII), raising $200 million, which exceeded its original target despite a challenging fundraising environment. A significant number of existing investors doubled down on their commitment in RAC VII, with limited partners including renowned family offices and leading institutional investors (including public pension funds, Funds of Funds, and national and international banks). Today, redalpine has over $1bn in assets under management across its seven funds.
The RAC VII fund will support 15 to 20 early-stage companies from all over Europe. Investments have already been made in nine companies, including Proxima Fusion (Germany), LegalFly (Belgium) and Expression Edits (UK).
Michael Sidler, Founding Partner of redalpine, said: “We are at a pivotal inflection point in technological development, with transformative change happening across all industries. Huge forces such as AI, energy transition, health and food security, and more are creating significant investment opportunities. We are seeking startups that are working on incredible solutions and are proud to be empowering the next generation of game-changing companies. With RAC VII, our largest fund to date, we can’t wait to co-create the future together with visionary entrepreneurs, while continuing our legacy of delivering outstanding returns for our investors.”
New office in London
In line with the new Fund, redalpine is expanding to London, further expanding its global presence. This expansion marks another significant step in the company’s growth and commitment to Europe’s local startup ecosystems. redalpine has already backed over 10 UK-based companies, including 9fin, Uncommon, and Hypervision Surgical.
Sebastian Becker, General Partner at redalpine and head of the London office, said: “After expanding to Berlin, establishing a presence in London is the next logical step in our growth journey. London and the UK have shown very impressive advancements in the past few years, particularly in deeptech and AI - areas that align perfectly with our investment strategy at the continuum of software and science. I look forward to building our on-the-ground team and being on hand to further support our local portfolio companies.”
(Press release/ran)