Privilège Ventures, focusing on seed and early-stage Deep and Medtech companies, announces the ﬁnal closing of its second Venture Capital Fund. To date, the firm has invested in 23 companies mostly in Switzerland and surrounding countries.
Privilège Ventures is the venture arm of Privilege Management SA with ofﬁces in Lugano and Zurich. Last year in February, Privilège Ventures announced the first closing of its second fund. Since the first closing, the firm has invested in nine companies and has just closed two additional investments on which they were working for the last few months. Privilège Ventures has invested in Swiss companies such as Annaida, Picstars, Gondola Medical, Distalmotion, Snowcookie, ScanTrust, Geosatis, Ava and Codecheck. The vast majority of the companies have closed follow-on rounds at higher valuations since our ﬁrst investment. Most are well positioned in their sectors, even after the current dislocations.