F10 Investments has graduated 26 FinTech and InsurTech companies from four of its accelerator programmes.
The companies came from its first global Acceleration offering, which had batches based in Zurich, Madrid and Singapore. F10 also finished its Zurich Incubation Batch VII.
Its Incubation Batch VII was comprised of 14 early-stage startups and last five months. Participants were provided with classes for ideation, go-to-market, product development, fundraising, marketing and sales.
This group included the first dedicated climate FinTech track, which was completed in collaboration with New Energy Nexus. Among the four climate companies was mympact, which provides users with an app to track and reduce their carbon footprint, as well as support curated projects aimed at removing carbon emissions around the world.
Another climate FinTech was Epic Impact, which helps consumers find ethical shops and sustainable brands. The other two climate FinTechs were Sustainaccount, which helps optimise investments based on climate risks, and Norsia, a wealth management firm aimed at ESG.
Among the 14 companies in the Incubation Batch VII, six were selected to receive a CHF 150,000 ($162,000). Through the investments, F10 corporate partners, including SIX Group and Group and the House of Insurtech Switzerland, will be able to invest into the companies.
One of the companies to receive the funds was mympact. The other five companies were: BUYOGO, a software startup that gives SMEs digital commerce solutions; CryptoIndexSeries, which provides institutional-grade trading and portfolio analytics tools; trueLedger, aimed at giving buyers and vendors professional services; warrify, which converts paper receipts into a digital marketing channel; bloXmove, which provides a decentralized global mobility alliance.
Marc Hauser, head F10 Switzerland, said, “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.”
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