Peony LogoPeony

7 Swiss VCs Writing Pre-Seed Checks for Startups in 2026

Deqian Jia
Deqian Jia

Founder at Peony — building AI-powered data rooms for secure deal workflows.

Connect with me on LinkedIn! I want to help you :)

Last updated: April 2026

I've tracked Swiss pre-seed activity through Peony data rooms — here are the 7 funds actually writing first checks in 2026.

Swiss pre-seed investors are venture capital firms headquartered in or focused on Switzerland that write initial checks (typically CHF 250K to CHF 2M) into startups at the earliest institutional stage, before seed. These funds bridge the gap between founder bootstrapping, Innosuisse grants, and Venture Kick awards on one side, and larger seed rounds on the other. Unlike angel investors or accelerator programs, Swiss pre-seed VCs bring institutional capital, follow-on reserves, and structured portfolio support — hiring help, pilot introductions, and co-investor syndication.

TL;DR: Swiss early-stage VC hit an all-time record CHF 1.116B in 2025 — up 73% year-over-year (Swiss Venture Capital Report 2026, February 2026). AI startups captured CHF 1.1B (+206%), representing 32% of all Swiss rounds (EY Startup Barometer, February 2026). Swiss VC funds vintage 2020-2024 returned 12% IRR vs 2% for the European benchmark (University of Basel/SECA, December 2025). ETH Zurich produced 192 VC-backed deep-tech startups since 2020 — ahead of MIT and Stanford. 7 Swiss VCs are actively writing pre-seed checks in 2026. Below: full profiles, pitch tips, and fresh 2026 deployment signals for every fund.

The difference between a generic "maybe later" and a fast yes is picking funds that actually write the first check here, know the local grant and coaching ecosystem (Innosuisse, Venture Kick, EPFL/ETHZ), and can open your first pilots.

How to Pick the Right Swiss Pre-Seed Investors

Match your bottleneck to their superpower.

  • Formation and first hires: Choose true pre-seed leaders (e.g., Founderful) who are set up to lead rounds at idea/MVP with hands-on help. (Tech Funding News)
  • Follow-on and multi-stage: Pick platforms with reserves and a long track record (e.g., Redalpine, b2venture) so you're not re-selling the story every six months. (reuters.com)
  • Deep-tech / university spin-outs: Funds with science/engineering DNA or close ties to EPFL/ETH/European labs (e.g., Verve Ventures) read technical risk faster. (verve.vc)
  • Sector expertise (fintech, B2B SaaS, industrial): If you're vertical, pick sector-savvy Swiss funds (TX Ventures for fintech; SFF for company-building DNA; Serpentine for thematic funds). (openvc.app)

Validate that they're active now. Look for a 2025-2026 fund close, fresh deals, or public deployment signals (you'll see those under each investor below). If you can't find a 12-month activity signal, deprioritize.

Bring proof early. Even at pre-seed, Swiss funds want crisp problem to wedge to first revenue logic, a light regulatory map (where relevant), and clear use of proceeds to reach the next objective proof (LOIs, paid pilots, or a technical milestone).

Organize your materials in a secure data room to demonstrate professionalism and make it easy for investors to review your pitch deck and technical documentation.

Peony Data Room

How Peony Helps Swiss Startups Raise Pre-Seed Capital

Peony Business ($40/admin/month) gives your fundraise AI auto-indexing that categorizes documents in under 3 minutes, page-level analytics showing which investors read which pages and for how long, and screenshot protection that blocks and logs unauthorized capture. Set up a secure data room in under 5 minutes.

Beyond analytics, Peony includes dynamic watermarks with viewer identity embedded on every page, NDA gates that require investors to sign before accessing sensitive materials, and an advanced Q&A system where counterparties submit questions, AI drafts responses, and your team approves before answers go out — creating an auditable dialogue trail.

Organize your LOIs, pilot plans, and use-of-proceeds materials in branded data rooms that signal operational maturity. See which investors spend time reviewing your technical documentation and track engagement to time follow-ups perfectly.

Pro ($20/admin/month) covers core data room needs for founders who want secure sharing and analytics without the full enterprise feature set.

Peony Analytics

The 7 Pre-Seed Investors in Switzerland to Know in 2026

Each profile gives you: who they are, stage and typical ticket, how they help, recent signal that they're active now, and how to pitch them.

1. Founderful (formerly Wingman Ventures) — Switzerland's Pre-Seed Leader

What they are: Zurich-based, Switzerland-focused pre-seed specialist backing B2B tech with global ambition. Rebranded from Wingman; raised a dedicated Fund II for pre-seed/seed.

Stage and ticket: Typical ~$1M at pre-seed; up to ~$2M at seed. (TechCrunch)

How they help: Formation, hiring, first customers; close ties to Swiss universities and deep-tech labs. (founderful.com)

2026 signal: Led Sparkli's $5M pre-seed (January 2026) — an AI-powered K-12 learning app founded by 3 former Google employees, piloting with 100+ private schools and 100K+ children (TechCrunch). Participated in Chiral Nano's $12M seed (February 2026) — an ETH Zurich spin-off building post-silicon computing with robotic nanomaterial integration (GlobeNewswire). $140M Fund II actively deploying, 64 portfolio companies total. (Tech Funding News)

Pitch tip: Lead with the beachhead customer and a 6-9 month milestone plan (what you'll de-risk with their first check).

2. Redalpine — Multi-Fund Swiss Heavyweight, Active at Seed/Pre-Seed

What they are: Zurich-based early-stage platform with strong European reach across software, deep-tech, and bio.

Stage and ticket: Early-stage (pre-seed/seed to A); sizable reserves.

2026 signal: Portfolio company Sanity Group acquired by Organigram for up to EUR 227M (February 2026) — EUR 113.4M upfront plus EUR 113.8M earnout (BusinessWire). $200M Capital VII actively deploying with 9+ investments (fusion, gene editing, legal AI). 42-member team, 12 Partners, 4 Venture Partners. (reuters.com)

Pitch tip: Tie your wedge to one of their discontinuity themes (AI, energy transition, food security) and show the next fundable proof you'll hit with 12-18 months of runway. (reuters.com)

3. b2venture (formerly btov) — Pre-Seed/Seed with a Deep Angel Network

What they are: Swiss-rooted European firm investing from pre-seed to Series A, often alongside a curated angel community.

Stage and ticket: EUR 250K-EUR 5M initial tickets; average ~EUR 1M. (b2venture.vc)

2026 signal: Closed EUR 150M Fund V at hard cap (January 28, 2026) — largest fund to date, targeting ~35 early-stage European startups, backed by Flexstone and Stiftung Abendrot (Tech.eu). Already deploying: co-led Sitegeist's EUR 4M pre-seed (February 2026, autonomous construction robots) and participated in PAVE Space's $40M seed (March 2026, orbital transfer vehicles — Tech.eu). Earlier Fund V investments include Nautica Technologies (autonomous ship-hull cleaning robots) and Hive Robotics (OS for autonomous systems). (b2venture.vc)

How they help: Matching you with operator-angels who open doors in your industry.

Pitch tip: Bring design partners or LOIs and a clear plan to recurring revenue — not just pilots.

4. Verve Ventures (formerly investiere) — Deep-Tech Investor with Pre-Seed Appetite

What they are: Zurich-based, Europe-wide deep-tech VC; invests through a curated platform plus an in-house team.

Stage and ticket: (Pre-)seed and A; typical EUR 500K-EUR 2-3M initial. (verve.vc)

2026 signal: 3 deals in February 2026 alone: led Haelixa's EUR 2M pre-series A (ETH Zurich spin-off, DNA-based supply chain traceability with seven-figure revenues — Haelixa), follow-on in Metafuels' $24M Series A-II (synthetic aviation fuel — Metafuels), and follow-on in Axelera AI's $250M+ Series C (AI chips, with BlackRock and Samsung — Bloomberg). 171 portfolio companies, 1 unicorn (Climeworks). (verve.vc)

How they help: Technical diligence, co-investor syndication, and cross-border follow-ons.

Pitch tip: Show technical moat with early customer proof (POs, pilots) plus a credible regulatory or certification path if relevant.

5. TX Ventures — Fintech-Skewed Early Investor (Zurich)

What they are: TX Group's independent VC arm; strong bias to fintech and data/AI in financial services.

Stage and ticket: Pre-seed/seed to A; checks around $500K-$3M. (openvc.app)

2026 signal: Participated in Sinpex's EUR 10M Series A (January 2026) — an AI-powered KYB compliance platform expanding across Europe (Fintech Global). 23 portfolio companies, CHF 100M FinTech Fund I. (fintechnews.ch)

How they help: Bank/fintech distribution and regulatory nuance; credibility for early FS partnerships.

Pitch tip: Demo the money flow (who pays, risk location, compliance posture) in under 90 seconds.

6. Swiss Founders Fund (SFF) — Company-Building DNA from St. Gallen

What they are: Seed/pre-seed fund that both invests and builds companies; pragmatic operators with quick execution.

Stage and ticket: Seed and pre-seed; Switzerland plus select international. (sff.vc)

2025-2026 signal: Active platform with investments through 2025; maintains seed focus into 2026. (CB Insights)

How they help: Company-building muscle (hiring, go-to-market, ops) and fast decisions.

Pitch tip: Bring a sharp ICP and a believable first 10 customers — you'll speak the same "operator" language.

7. Serpentine Ventures (SERV) — Swiss Startup Group's Early-Stage Arm

What they are: FINMA-licensed venture asset manager behind several funds (including pre-seed "Rookie Fund"); strong ties to the Swiss Startup ecosystem.

Stage and ticket: Pre-seed to Series A, with checks typically in the $250K-$5M range across their vehicles. (serpentine.vc)

2025-2026 signal: Portfolio company Voltiris ranked number 4 in the 2025 TOP 100 Swiss Startup Awards (behind Corintis, DePoly, and DeepJudge — top100startups.swiss) and is actively seeking Series A investors in 2026 (MainSights). SERV has backed Voltiris since pre-seed. (serpentine.vc)

How they help: Venture-client intros, Swiss co-investor access (SICTIC, BAS, angels), and thematic funds.

Pitch tip: Propose a pilot plan (site, metrics, timeline) and show how it becomes repeatable across their network.

Also worth watching as you scale: Spicehaus Partners (seed), EquityPitcher Ventures (early-growth), and corporate vehicles (Swisscom Ventures) when you're beyond pre-seed. (Spicehaus Partners AG)

Five Quick Tips for Pitching Swiss Pre-Seed Funds

  1. Lead with the wedge, not the world. Start with one painful, well-defined customer job in Switzerland (or DACH), 2-3 proof points (LOIs, pilots, revenue), and how the wedge expands.

  2. Show use-of-proceeds to proof. "With CHF X, in 12 months we'll deliver Y: X pilots live, unit cost down Z%, regulatory box ticked." This is what unlocks seed.

  3. Bring the distribution spine. Swiss investors reward channels over ads: venture-client pilots, system integrators, ecosystem partners (EPFL/ETHZ labs, cluster orgs), or regulated partners for fintech/health.

  4. Cite the local non-dilutive stack. Innosuisse coaching, Venture Kick tranches, canton support — pairing these with a pre-seed round makes your runway go further and signals you know the terrain.

  5. Be data-room ready on day one. Short deck plus 1-pager KPI sheet (pipeline, LOIs, pilot design), lightweight product demo, cap table, and a tidy index. It speeds partner meetings and makes you look like the pro you are. Use Peony to organize your startup data room and track investor engagement.

Peony Pricing

Frequently Asked Questions

I'm a 3-person ETH spin-out with CHF 200K in Innosuisse grants — which Swiss pre-seed VCs should I approach first?

Start with Founderful — they specialize in Swiss pre-seed and closed a $140M Fund II specifically for first checks. For a 3-person deep-tech team with existing grant funding, Founderful and Verve Ventures are your strongest fits because both have university spin-out DNA and can evaluate technical risk faster than generalist funds. Redalpine is worth approaching if your round is closer to CHF 1.5M since they have larger reserves for follow-on. When you share your pitch materials, Peony Business ($40/admin/month) gives you page-level analytics showing exactly which slides each partner reviewed and for how long — something Google Drive or Dropbox cannot track at all.

We're a 4-person fintech team in Zurich raising CHF 1M pre-seed — should we target fintech-specific VCs or generalist early-stage funds?

Target fintech-specific first. TX Ventures is your top pick — they led multiple fintech rounds in 2025 including Particula's $5.5M and have direct distribution relationships with Swiss banks. For a CHF 1M fintech pre-seed, you want investors who can open regulated-partner intros, not just write checks. b2venture is your second call because their angel network includes fintech operators who become your first design partners. When preparing your pitch materials, set up your data room on Peony Business ($40/admin/month) with NDA gates so that only investors who sign your terms can access sensitive compliance documentation and financial models — a security layer that basic file-sharing tools like Google Drive simply do not offer.

I'm a solo technical founder raising CHF 750K with a working prototype but no co-founder — will Swiss pre-seed VCs still take my meeting?

Yes, but your pitch needs to compensate for the missing co-founder. Founderful and SFF both back solo founders at pre-seed when the prototype proves technical differentiation and the founder shows clear plans for the first hire. For a solo founder raising CHF 500K to CHF 1M, lead with your working product, 2 to 3 design-partner conversations, and a concrete hiring plan for your first technical or commercial hire funded by the round. Organize your pitch deck, prototype demo, and hiring roadmap in a Peony Business ($40/admin/month) data room with AI auto-indexing — it categorizes your documents automatically in under 3 minutes so investors find exactly what they need without you manually sorting folders.

Our medtech startup just got a Venture Kick Stage III award — how do we use that momentum to close a CHF 1.5M pre-seed round?

Venture Kick Stage III is a strong signal — it validates both your team and your technology through a competitive process Swiss VCs respect. Approach Verve Ventures first because they specialize in deep-tech with regulatory paths and frequently co-invest alongside Venture Kick alumni. Redalpine is your second priority since their Capital VII fund ($200M) actively targets healthcare and bio. For a CHF 1.5M medtech pre-seed, pair your Venture Kick proof with 1 to 2 pilot hospital LOIs and a clear CE marking timeline. Share your regulatory documentation through Peony Business ($40/admin/month) with dynamic watermarks that embed each reviewer's identity into every page — critical when circulating sensitive clinical data to multiple investor groups simultaneously.

We're raising CHF 800K pre-seed for a B2B SaaS product — how many Swiss VCs should we pitch in parallel, and how do I track who's engaged?

For a CHF 800K B2B SaaS pre-seed in Switzerland, pitch 8 to 12 funds in parallel across 3 tiers: tier one is Founderful and b2venture (most likely to lead), tier two is SFF and Serpentine Ventures (operator-heavy, fast decisions), and tier three is 4 to 6 angel syndicates from the SICTIC network. Running a parallel process creates urgency, but you need to track who is actually reviewing your materials versus who is ghosting you. Peony Business ($40/admin/month) shows you page-level analytics — which investor opened your deck, which pages they spent time on, and when they revisited — so you can prioritize follow-ups with the funds showing real engagement instead of chasing silent inboxes.

I'm an EPFL PhD graduate with a 3-person team building a climate-tech startup raising CHF 1.5M — which Swiss VCs invest in sustainability at the pre-seed stage?

Redalpine is your strongest lead — their Capital VII fund explicitly targets energy transition as a core thesis, and they have backed climate-tech from pre-seed through Series A. Verve Ventures is your second pick because their deep-tech platform evaluates science-heavy business models faster than generalist funds. Serpentine Ventures also fits because their portfolio company Voltiris (agrivoltaics, ranked number 4 in the 2025 TOP 100 Swiss Startup Awards) shows they understand climate-tech commercialization paths. For a climate-tech pre-seed raising CHF 1M to CHF 2M, prepare your IP documentation and pilot-site data in a Peony Business ($40/admin/month) data room with screenshot protection that blocks and logs any unauthorized capture — essential when sharing proprietary research with multiple competing investor groups.

We closed a CHF 500K angel round and need to raise a CHF 1.5M pre-seed extension — should we go back to the same Swiss VCs who passed initially?

Yes, but only if you have materially new proof since they last saw you — a signed pilot, meaningful revenue, or a key hire. For a CHF 1.5M pre-seed extension after a CHF 500K angel round, b2venture is ideal because they invest alongside angel communities and can bridge your existing angels into an institutional round. Founderful also works if your new traction aligns with their B2B tech thesis. When re-approaching funds that previously passed, share a fresh data room (not an updated version of the old one) through Peony Business ($40/admin/month) with advanced Q&A — investors submit questions directly in the data room, your team reviews AI-drafted responses, and approved answers go back to the investor, creating an auditable dialogue that demonstrates operational maturity.

I'm a 2-person team relocating from Berlin to Zurich to raise a CHF 1M pre-seed — do Swiss VCs require the company to be Swiss-domiciled?

Most Swiss pre-seed VCs strongly prefer Swiss domiciliation, but requirements vary. Founderful requires a Swiss nexus (HQ or significant operations in Switzerland). Redalpine and b2venture invest across Europe but give preference to Swiss-domiciled companies for their Swiss-focused vehicles. For a founder relocating to Zurich, incorporate a Swiss GmbH or AG before approaching funds — it removes friction and signals commitment. Budget CHF 10K to CHF 20K for formation and initial admin. Set up your corporate documents, cap table, and pitch materials in a Peony Business ($40/admin/month) data room with e-signatures powered by AI field detection — you can get NDAs and term sheets signed directly inside the data room without switching to a separate tool like DocuSign.

Final Thoughts

Swiss pre-seed fundraising in 2026 requires precision, preparation, and professional presentation. The investors listed above are actively deploying capital, but they expect founders to come prepared with clear problem-to-wedge logic, realistic use-of-proceeds plans, and evidence of early traction.

Swiss pre-seed investors evaluate not just your idea, but your ability to execute on formation, secure first customers, and navigate the local ecosystem. Organize your startup data room, track investor engagement, and demonstrate operational maturity from day one.

Get started with Peony for your Swiss pre-seed fundraising — secure data rooms with AI auto-indexing, page-level analytics, and screenshot protection. Set up in under 5 minutes.

Related Resources