Swiss life science investor opens strategic UK base
This week it also announced the final close of its largest-ever fund, redalpine capital VII (RAC VII), at $200M. Operating out of offices in Zurich, Berlin, and soon London, and with a presence in Silicon Valley, RAC VII will back 15-20 early-stage companies from across Europe.
The fund has already invested in nine companies, including Proxima Fusion (Germany), a Max Planck Institute for Plasma Physics spin-off focused on the future of clean energy production through fusion technology, LegalFly (Belgium), the AI copilot that is transforming legal workflows, and Cambridge-based ExpressionEdits – the gene-editing company that is streamlining and accelerating the development of life-saving therapies.
Sebastian Becker, General Partner at redalpine and head of the London office, said: “After expanding to Berlin, establishing a presence in London is the next logical step in our growth journey.
“London and the UK have shown very impressive advancements in the past few years, particularly in deeptech and AI - areas that align perfectly with our investment strategy at the continuum of software and science. I look forward to building our on-the-ground team and being on hand to further support our local portfolio companies.”
Michael Sidler, Founding Partner of redalpine, said: “We are at a pivotal inflection point in technological development, with transformative change happening across all industries.
“Huge forces such as AI, energy transition, health and food security, and more are creating significant investment opportunities. We are seeking startups that are working on incredible solutions and are proud to be empowering the next generation of game-changing companies. With RAC VII, our largest fund to date, we can’t wait to co-create the future together with visionary entrepreneurs, while continuing our legacy of delivering outstanding returns for our investors.”
A significant number of existing investors doubled down on their commitment in RAC VII, with limited partners including renowned family offices and leading institutional investors (including public pension funds, Funds of Funds, and national and international banks). Today, redalpine has over $1 billion in assets under management across its seven funds.
redalpine has backed some of Europe’s most disruptive software and science companies including N26, Taxfix, Mistral, 9fin, Carvolution, Klarna and Infinite Roots. With a multi-stage investment approach, redalpine invests Europe-wide and counts over 100 companies in its portfolio.
