Foundation for Technological Innovation (FIT)
299
200K
246
10.31
193
0.18
16
- Stages of investment
- Areas of investment
Summary
In 1995 was created Foundation for Technological Innovation (FIT), which is appeared as Corporate Investor. The fund was located in Europe if to be more exact in Switzerland. The main department of described Corporate Investor is located in the Lausanne.
Comparing to the other companies, this Foundation for Technological Innovation (FIT) performs on 20 percentage points less the average number of lead investments. Considering the real fund results, this Corporate Investor is 79 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2018. The common things for fund are deals in the range of 100 thousands - 1 million dollars. The increased amount of exits for fund were in 2019. The fund is constantly included in 7-12 deals per year.
The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are Electronics, Manufacturing. Among the most popular portfolio startups of the fund, we may highlight Nexthink, Kandou Bus, SOPHiA GENETICS. For fund there is a match between the location of its establishment and the land of its numerous investments - Switzerland. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.
The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Foundation for Technological Innovation (FIT), startups are often financed by investiere | Verve Capital Partners, Polytech Ventures, EASME - EU Executive Agency for SMEs. The meaningful sponsors for the fund in investment in the same round are Venture Kick, EASME - EU Executive Agency for SMEs. In the next rounds fund is usually obtained by Swisscom Ventures, VI Partners AG, MassChallenge.
Investments analytics
Analytics
- Total investments
- 299
- Lead investments
- 193
- Exits
- 16
- Rounds per year
- 10.31
- Follow on index
- 0.18
- Investments by industry
- Information Technology (55)
- Health Care (54)
- Software (54)
- Biotechnology (52)
- Medical Device (37) Show 211 more
- Investments by region
-
- Switzerland (282)
- United States (2)
- France (2)
- United Kingdom (1)
- Netherlands (1)
- Peak activity year
- 2020
- Number of Unicorns
- 1
- Number of Decacorns
- 1
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
- 8
- Avg. valuation at time of investment
- 7M
- Group Appearance index
- 0.03
- Avg. company exit year
- 5
- Avg. multiplicator
- 2.60
- Strategy success index
- 0.40
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Algorized | 01 Nov 2023 | Seed | 720K | Switzerland, Vaud, Geneve |
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