SICTIC Investment Report 2022 (SICTIC (Swiss ICT Investor Club))

Summary

• SICTIC facilitated 110 funding rounds in 2021, accounting for 71% of all early-stage ICT investments in Switzerland.p.6
• Overall Swiss startup funding reached over CHF 3.1 billion across 355 financing rounds in 2021.p.18
• Startups in the SICTIC portfolio have received over CHF 1.4 billion in total accumulated investment.p.7
• SICTIC portfolio startups have created over 4,000 jobs by the end of 2021.p.18
• A total of 45 Swiss startups achieved unicorn status since 2013, with 21 becoming unicorns between 2020 and March 2022.p.10
• Swiss TMT M&A activity completed 105 deals valued at $19.9 billion in 2021.p.37

Key insights

1. International investors provided 86% of the CHF 3 billion invested in Swiss startups in 2021, with the US contributing 28%.p.8
2. The revised BVV2 asset allocation guidelines effective January 1st 2022 allow Swiss pension funds to allocate up to 5% of assets to private equity or private debt.p.5
3. B2B is the predominant business model in the SICTIC portfolio, accounting for 73% of startups.p.19
4. Fintech represents the largest portfolio sector at 18%, comprising 36 funded startups.p.19
5. Canton Zürich holds the largest concentration of SICTIC portfolio startups with 102 companies, followed by Canton Vaud with 28.p.19
6. In 2021, SICTIC screened 285 tech startup applications and presented 74 on stage.p.48
7. The UK served as Switzerland's primary partner for both inbound and outbound Swiss TMT M&A transactions in 2021.p.36