Switzerland

A record twenty-six FinTechs and InsurTechs graduate F10 Switzerland programs, with six highly promising early-stage startups selected for a combined CHF900k seed investment by F10

December 2, 2021

The event was held under the umbrella of the F10 Global Summit, graduating 4 batches at once: The first global Acceleration offering with batches in Zurich, Madrid and Singapore and the Zurich Incubation Batch VII.

Incubation Batch VII

The 14 early-stage startups successfully concluded their intense Incubation program after 5 months packed with masterclasses around the topics of ideation, go-to-market, product development, fundraising, marketing, and sales. This Incubation batch has seen its first dedicated Climate FinTech track in collaboration with New Energy Nexus. The four Climate Fintechs - mympact, Epic Impact, Sustainaccount and Norsia – have already received international recognition, with mympact and Sustainaccount being nominated as finalists for the Monetary Authority of Singapore (MAS) Global Hackcelerater at the Singapore Fintech Festival.

Marc Hauser, Head F10 Switzerland, says "I am not only very proud on what the startups achieved during their 5 months with us, but also humbled by their rate of progress. It proves how much can be achieved with the support of the ecosystem: partners, mentors and investors."

Investment Announcement

Out of the 14 Startups, the following 6 startups have been chosen by the F10 Investment AG to receive a 150’000 CHF investment each. Through the F10 Investment AG corporate partners of F10, such as SIX Group and the House of Insurtech Switzerland (HITS) have the opportunity to invest in carefully selected startups shaping the future of banking and insurance. 

bloXmove reinvents and streamlines mobility — providing a decentralized global mobility alliance: from taxis, scooters, bikes to trains and busses.

BUYOGO is a Zurich-based software startup, which offers small and medium-sized businesses integrated digital commerce solutions.

CryptoIndexSeries provides institutional-grade, AI-driven data, trading and portfolio analytics tools for Digital Asset Markets.

mympact empowers you to understand and reduce your environmental impact and live a sustainable life.

trueLedger is the first deal platform for buyers and vendors of professional services creating TRUE value: Transparent, Real-time, Undisputed, Efficient.

warrify converts paper receipts into a digital marketing channel to reach even anonymous customers after the sale.

Acceleration Batch III

In parallel, the first batch of F10’s new Acceleration offering has ended after a three months period highly focused on collaboration between the 12 selected growth-stage startups and the F10 Corporate Partners. F10 is proud to highlight multiple collaborations that are currently being explored between our Corporate Partners and the Acceleration batch.

Several departments within SIX Group are looking at a collaboration with Deedster. “We see great potential to provide additional value to Swiss banks on our Open Finance platform bLink in collaboration with F10. For example, we are evaluating Deedster’s carbon footprint calculator, so banks can empower their retail banking clients with actionable sustainability insights on their spending behaviour”, says Gregor Müller, Senior Product Manager for bLink.  

HITS/Generali have already entered into agreement and are running prototypes with Neuroprofiler (Spain batch) and Konfuzio (Helm & Nagel) with the involvement of the respective business representatives. To this, Christof Temp, Generali Head of Distribution Transformation says: “Corp-up is a great way to accelerate digital transformation and explore customer centric innovation.”

The graduation of both batches cumulated in a Global Summit between November 30 and December 2nd, including the Acceleration batches of both Spain and Singapore.  

_______

About F10 Investment AG

The F10 Investment AG was founded to invest selectively in the most promising startups who have graduated from the F10 Incubation Program in Switzerland. They aim to strengthen the innovative capacity of the Swiss financial and insurance sector. 

Sign up for our newsletter
Receive the latest news about F10 innovation ecosystem and its programs