TLDR:
- Redalpine, a venture capital firm based in Zurich, closes a record fund of over €179 million.
- The firm is expanding with a new office in London, focusing on early-stage companies across Europe.
Redalpine, a Zurich-based venture capital firm, has closed its largest-ever fund, Redalpine Capital VII (RAC VII), at over €179 million. The firm, founded in 2006, is known for funding category leaders in sectors like AI, biotech, fintech, and energy. Despite a challenging fundraising environment, RAC VII closed oversubscribed, showcasing the firm’s strong track record. The new fund will target early-stage companies across Europe, with investments already made in companies like Proxima Fusion, LegalFly, and Expression Edits.
Redalpine’s investment team, comprised of seasoned operators, former entrepreneurs, and scientists, focuses on funding technological breakthroughs that offer significant improvements over existing solutions. With over $1 billion in assets spread across its funds, Redalpine’s expansion into London marks a strategic move to support more UK-based companies in deep tech and AI. The firm’s mission of empowering GameChangers and disrupting industries is set to continue with the successful closing of RAC VII.
