Blockchain Valley Ventures will begin operations of its Singapore office in early 2019
Swiss accelerator, venture capital (VC) firm, and blockchain-enabled business advisory service Blockchain Valley Ventures today announced the launch of its Singapore office during the Singapore Fintech Festival 2018 at Singapore Expo.
Marking its expansion to the country, the office is set to begin operations in early 2019.
“Similar to Switzerland, we believe Singapore is the ideal location to establish operations with the view of engaging fast-growing blockchain community in the ASEAN region and Asia, bringing now our know-how from the Swiss blockchain market here,” said Blockchain Valley Ventures Founder and Managing Partner Dr. Ing Heinrich Zetlmayer in a press statement.
In Singapore, Blockchain Valley Ventures will work with key strategic partners to support its vision to “bridge” between Europe and Asia for both investors and tech companies. One example of such partner is SGInnovate.
Based in the Crypto Valley in Zug, Switzerland, the firm is led by Zetlmayer, a former Vice President in IBM Global Business Services, and Oliver Bussmann, former UBS and SAP Group CIO and Lykke Corp Partner.
Also Read: Eco heroes: Meet the 8 startups participating in the Make-IT Asia Ideation Challenge
Blockchain Valley Ventures described its investment strategy as a “hybrid” of two financing forms: The traditional VC model and the Security Token Offering (STO) model.
Zetlmayer explained that its value realisation strategy is to seek exits through STOs or trade sale to strategic buyers.
The firm invests through its own funds and investment vehicles such as the Blockchain Investment Opportunities Note, in cooperation with Vicenda Asset Management AG, a global investment boutique with a focus on private debt investing.
The investment note has a size of CHF10 million (US$9 million) and an initial focus on Swiss and European-based companies.
“Through financial, managerial as well as technology expertise, Blockchain Valley Ventures actively supports its portfolio companies to help maximise their success potential thereby reducing risk and accelerating growth. We have been a thought leader in security token offerings combining this with our managerial experience of building, growing and managing large scale global businesses. We strive to be a true accelerator pushing the growth of the most promising portfolio companies,” Zetlmayer said.
—
Image Credit: Twixes on Unsplash
The post Swiss accelerator, VC firm Blockchain Valley Ventures makes its debut in Singapore appeared first on e27.