Redalpine Capital VII (RAC VII), a Swiss VC firm, has successfully raised $200 million for its seventh early-stage fund. Unlike many other VC funds that have struggled to deliver returns to their investors, Redalpine’s consistent top quartile returns have helped it secure fresh funding and attract a large network of limited partners. With over $1 billion in assets under management, Redalpine has built a reputation for its focus on European deep tech and its ability to identify promising university spinouts.
The firm, founded by Michael Sidler and Peter Niederhauser in 2006, has a unique advantage in its dense networks with universities and the scientific community. Having individuals with scientific backgrounds in its team allows Redalpine to interact with scientific founders on an equal footing while providing operational support. This expertise has been instrumental in helping portfolio companies like Aktiia expand internationally and hire key executives.
While Redalpine’s investment thesis primarily revolves around European deep tech, it remains sector-agnostic, allowing it to innovate in a broad range of sectors such as energy, health, and food. This diversified approach has also served as a buffer against market volatility, enabling the firm to exit portfolio companies even in challenging market conditions.
Redalpine’s upcoming London office will further enhance its ability to interact with the ecosystem in the city, which has been generating interesting deal flow from universities and research institutions. The firm is particularly interested in companies like ExpressionEdits, a University of Cambridge spinout that develops a computational gene editing platform using AI to enhance therapies.
Overall, Redalpine’s success in raising funds for RAC VII can be attributed to its track record of delivering strong returns, its focus on European deep tech, and its ability to leverage scientific expertise in its investment approach. With its new capital, Redalpine is well-positioned to back promising early-stage companies and continue its successful investment strategy.
