By: Antonio L. Escárzaga
Amid growing pressure on European venture capital to consolidate, Swiss pre-seed fund Founderful has successfully closed its second fund at €133 million. The oversubscribed round, achieved despite broader market challenges for emerging managers, underscores strong investor confidence in Founderful’s focus on Swiss tech talent and innovation. The new fund has already backed 15 early-stage companies, supporting breakthroughs such as Chiral Nano’s alternative silicon chips and Eigthinks’ lithium-ion battery advancements.