FONGIT

Type

Non-Profit

Status

Active

Location

Plan-les-Ouates, Switzerland

Total investments

43

Average round size

1M

Portfolio companies

38

Rounds per year

1.30

Lead investments

22

Follow on index

0.12

Areas of investment
BiotechnologyInternetSoftwareInformation TechnologyHealth CareEducationMedical DeviceMedicalTelecommunicationsPrivacy

Summary

FONGIT appeared to be the Corporate Investor, which was created in 1991. The main department of described Corporate Investor is located in the Geneva. The venture was found in Europe in Switzerland.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the FONGIT, startups are often financed by MassChallenge, Venture Kick, Taha Bawa. The meaningful sponsors for the fund in investment in the same round are investiere | Verve Capital Partners, Business Angels Switzerland (BAS), Valuta Capital Partners. In the next rounds fund is usually obtained by investiere | Verve Capital Partners, Horizon 2020, Zu00fcrcher Kantonal Bank.

Deals in the range of 1 - 5 millions dollars are the general things for fund. The high activity for fund was in 2016. Speaking about the real fund results, this Corporate Investor is 52 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 deals per year.

Among the most popular portfolio startups of the fund, we may highlight ProtonMail, Multiwave Technologies, Goodwall. The fund has exact preference in some founders of portfolio startups. Besides, a startup requires to be at the age of 1 and less years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Switzerland. We can highlight the next thriving fund investment areas, such as Software, Medical Device.

Show more

Investor highlights

Stage focus
Seed
Geo focus
Switzerland, Canton of Geneva
Check size
Up to 457K

Discover reliable insights

Find relevant VC investors, identify key contacts and secure funding opportunities.

Investments analytics

Analytics

Total investments
43
Lead investments
22
Rounds per year
1.30
Follow on index
0.12
Investments by industry
  • Software (15)
  • Internet (7)
  • Biotechnology (6)
  • Medical Device (6)
  • Medical (5)
  • Show 86 more
Investments by region
  • Switzerland (41)
  • United Kingdom (1)
Peak activity year
2016

Discover reliable insights

Leverage validated data, identify key contacts and secure funding opportunities for your business.

Quantitative data

Avg. startup age at the time of investment
7
Avg. valuation at time of investment
334K
Group Appearance index
0.40

Need more data?

Get access to full data about investors, including their team, contact information, and historic data.

Latest deals

Company name Deal date Industry Deal stage Deal size Location
nsave 22 Mar 2024 Financial Services, FinTech Seed 4M Oxfordshire, Oxford, United Kingdom
Tokenestate.io 01 Jun 2018 Asset Management, Real Estate, FinTech, Marketplace, Consulting, Real Estate Investment, Commercial Real Estate Seed Switzerland, Geneva, Geneve
How we get our data

At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).

Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.