About This Fund
Founderful is a Swiss VC focusing on pre-seed startups and has already raised $85 million for its new Fund II, with a target of closing $120 million in the next few months. The fund’s backers include institutional investors, family offices, and founders from unicorns like Duolingo, Climeworks, GetYourGuide, Delivery Hero, and Scandit. Founderful invests in startups in the B2B software and industrial spaces in their first funding rounds. Its typical check size will be $1 million for pre-seed stage startups and up to $2 million for seed-stage ones. The fund has a diverse portfolio that already ranges from mobile commerce to robotics, including companies from sectors like robotics and industrial automation, artificial intelligence and machine learning, computer vision technologies, and material sciences like clean tech, climate tech, and construction tech. Over the last four years, Founderful has made almost 50 investments, including eight Swiss investments in 2023. Its Fund I invested $60 million into 40 startups. Founderful benefits startups by providing standardized support functions and processes, connecting the Swiss ecosystem and international venture capital community, and introducing founder teams to next-round investors.