What Spicehaus Partners does

Spicehaus Partners AG is an independent Swiss venture capital investor headquartered in Zug, Switzerland, founded in 2018 by Dr. Teddy Amberg and Daniel Andres. The firm focuses on early-stage Swiss B2B software companies, typically leading Seed and Series A rounds after a company has reached proof-of-concept with an existing product and first paying customers. Spicehaus sources proprietary deal flow through its deep embeddedness in the Swiss startup ecosystem and operates two institutional funds: the Spicehaus Swiss Venture Fund (launched 2019) and the Spicehaus Swiss Venture Fund II (launched 2024, targeting CHF 60 million). Since 2012, the founding team has invested in more than 40 start-ups across fintech, insurtech, proptech, big data, cybersecurity, machine learning, and robotics, with notable exits including MOVU (acquired by Baloise) and Bexio (acquired by Mobiliar).

The core investment team consists of Founding Partners Dr. Teddy Amberg and Daniel Andres, Venture Partner Heidi Foppa, and Investment Manager Yannick Pfister, supported by a six-member advisory board. The team's differentiation comes from combining institutional investment experience (Partners Group, BNP Paribas) with direct entrepreneurial experience (CreditGate24, dakuro GmbH). Beyond capital, Spicehaus provides active portfolio support through networking, expertise, and proprietary ecosystem events including the annual Spicehaus Gründerball (an invitation-only gala celebrating Swiss founders, now in its 7th edition) and the Spicehaus Super Summit (a portfolio-founder knowledge-sharing platform).

Spicehaus generates returns through equity ownership in portfolio companies, benefiting from exits via acquisitions or IPOs, and also earns management fees as advisor to the Spicehaus Swiss Venture Funds. The firm is fully owned by its partners, with Fund II capital sourced from family offices, pension funds, asset managers, and private individuals. Portfolio companies have collectively created more than 100 jobs, and the firm maintains ESG commitments including carbon-neutral operations (via myclimate since 2022) and STEM community engagement.

Name

Spicehaus Partners

Legal name

Spicehaus Partners AG

Website

https://spicehaus.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Spicehaus Partners AG is an independent Swiss venture capital firm investing in early-stage Swiss B2B software companies, primarily as lead investor in Seed and Series A rounds. Founded in 2018, the firm manages two institutional funds and backs 40+ portfolio companies.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799), Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital investing
• Early-stage technology investments
• Seed and series A funding
• B2B software investing
• Swiss startup funding

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Investment Returns: Spicehaus generates returns through equity ownership in early-stage portfolio companies, benefiting from exits via acquisitions or IPOs. The firm also earns management fees as advisor to the Spicehaus Swiss Venture Funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Spicehaus Partners AG is an independent Swiss venture capital investor that manages the Spicehaus Swiss Venture Funds (Fund I launched in 2019, Fund II in 2024). The firm invests as a lead investor in early-stage Swiss B2B software companies after proof-of-concept, typically at Seed and Series A stages, providing capital and active support to help founders scale internationally.

Product overview

Spicehaus Partners AG operates as an independent Swiss venture capital investor managing two institutional funds: Spicehaus Swiss Venture Fund (launched 2019) and Spicehaus Swiss Venture Fund II (launched 2024). Both funds focus on early-stage Swiss B2B software companies with international growth potential, typically investing at Seed and Series A stages after proof-of-concept. The funds target sectors including fintech, insurtech, big data, cybersecurity, machine learning, robotics, and proptech. In addition to direct investment management, the firm offers portfolio support services including the Spicehaus Super Summit (annual founder networking event) and organizes the Spicehaus Gründerball, an exclusive annual gala celebrating successful Swiss founders. The firm has invested in over 40 companies since 2012 and has achieved successful exits including MOVU (acquired by Baloise) and Bexio (acquired by Mobiliar).

Differentiator

Problem solved

Functional benefit

Brands

• Spicehaus Swiss Venture Fund: The venture capital fund that invests in Swiss technology companies, with Fund I launched in 2019 and Fund II launched in 2024.
• Spicehaus Gründerball
• Spicehaus Super Summit
• Spicehaus People & Planet

Products and services

• Spicehaus Swiss Venture Fund The first institutional venture capital fund managed by Spicehaus Partners, launched in 2019 to invest in early-stage Swiss B2B technology companies at Seed and Series A stages after proof-of-concept. Targeted at founders seeking lead investment and active partnership.
• Spicehaus Swiss Venture Fund II The second institutional venture capital fund launched in 2024 with a target size of CHF 60 million. Continues the firm's strategy of leading Seed and Series A investments in Swiss B2B technology companies. First closing completed in 2024.

Quantifiable outcome

• Part of Switzerland's most successful exits including MOVU (acquired by Baloise) and Bexio (acquired by Mobiliar)
• +1 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• ICT Scouts/CampusminorOthersSwiss initiative to encourage kids in Switzerland to pursue careers in STEM professions. Spicehaus Partners has maintained membership since 2020, focused on children of all genders.
• myclimateminorOthersSpicehaus Partners became carbon neutral in 2022 by compensating CO2 emissions (office heating, electricity, supplies & materials, commute and business trips) with help from myclimate.
• Finanzombudsstelle Schweiz (FINOS)minorOthersSpicehaus Partners is affiliated with the FINOS ombudsman service, Talstrasse 20, CH-8001 Zürich.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• btov Partners: European (Swiss-anchored) early-stage VC investing in B2B software and industrial tech from pre-seed to Series A — directly comparable focus on B2B software startups with deep European network.
• Speedinvest: Vienna-based early-stage pan-European VC with multiple sector-focused funds (fintech, insurtech, deeptech, SaaS) — directly comparable Seed/Series A lead-investor model in B2B software.
• Earlybird Venture Capital: European early-stage VC investing across enterprise software, fintech, and deeptech at Seed/Series A — directly comparable stage and B2B orientation with pan-European deal flow.
• Project A Ventures: Berlin-based early-stage VC leading Seed/Series A rounds in European B2B software and digital businesses — directly comparable operating-VC model and stage.
• HV Capital: German VC investing in Seed to Series B in European tech and B2B software — comparable early-stage lead-investor profile with German/European focus.
• Notion Capital: European VC specialized in B2B SaaS/cloud, investing from Seed to Series B — directly comparable B2B software thesis and stage.

Regional players

• Creandum: Nordic early-stage VC focused on early-stage tech with similar Seed/Series A approach, but with a Northern European rather than Swiss remit — comparable B2B thesis and stage but different geography.
• Seed Capital Denmark: Early-stage Danish VC focused on Seed/Series A tech — comparable small, regionally embedded lead-investor model but in the Nordics rather than Switzerland.

Broad incumbents

• Lakestar: Larger European VC investing across stages in tech-enabled businesses — broader, later-stage, but overlapping on European B2B software opportunity.
• Index Ventures: Pan-European/US VC investing across stages from Seed to growth in B2B software — broader, more global incumbent that competes for the same Swiss/European B2B winners at Series A and beyond.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/spicehauspartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments42 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spicehaus Partners