2018 Startup GUIDE - 10th Edition
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18 | COVER STORIES<br />
Where do you see the CVC industry in five years from now?<br />
CVC has emerged as an important function in the open innovation<br />
ecosystem for large corporates alongside M&A, strategy<br />
and R&D. So, the number of CVCs has grown from 250 dedicated<br />
units when we first started to about 1’500 worldwide today. In<br />
my view, there will certainly be downcycles on the road ahead,<br />
which are healthy for the system as a whole, but ultimately CVC<br />
is here to stay as one of the key investor types in the ecosystem.<br />
In particular, Asian corporates are driving the trend that will bring<br />
CVC to the next order of magnitude. For instance, Softbank has<br />
closed their Vision Fund with USD 100bn and deployed USD30bn<br />
already, on par with Tencent that has spent upwards of USD30bn<br />
between 2015 and 2017.<br />
Facts and Figures<br />
Swisscom Ventures is the venture capital arm of<br />
Swisscom AG, the leading telecommunications and<br />
IT provider in Switzerland. Since our inception in<br />
2007, we have invested in over 50 IT, digital media<br />
and telecommunication companies from our offices in<br />
Switzerland (Zurich and Lausanne) and the USA (Silicon<br />
Valley). As a strategic investor, we offer entrepreneurs<br />
access to our technical infrastructure and market<br />
channels in addition to financial support. We focus on<br />
sectors of domain expertise such as Telco & IT Cloud,<br />
DeepTech and Cybersecurity as well as Big Data & AI<br />
related new business models.<br />
Offices<br />
Foundation 2007<br />
AUM<br />
Employees 9<br />
Target Investment Size<br />
Target Geographies<br />
Target Sectors<br />
Investment Style<br />
Deal Structures<br />
Key Investment Criteria<br />
Zurich, Lausanne, Palo Alto<br />
CHF 300m<br />
1 – 3MCHF initial commitment at<br />
seed / early stage<br />
Switzerland, Europe, USA, Israel<br />
ICT & DeepTech, IoT, Enterprise<br />
Solutions, Security, Fintech, Media<br />
& Ads, eHealth<br />
Active<br />
5 – 25% equity stake, minority<br />
Strategic fit to SC Group, team<br />
quality, market maturity & growth<br />
potential<br />
SWISS STARTUP <strong>GUIDE</strong> <strong>2018</strong>