Zurich Pre-Seed Incubator Batch 11
August 2023 to December 2023
Zurich
Come build your venture with Tenity, the leading incubator dedicated to exceptional founders creating the future of finance. If you are passionate and motivated entrepreneur, who has the drive and ambition to make your startup a success, we at Tenity will help you get there faster!
We invest CHF 50K in the startups selected for the program, in exchange for an equity stake of 2.5% and program participation fee of CHF 10K. In addition, we may invest in your subsequent financing rounds according to the Tenity Deal. The decision on the follow-on investment is separate from the initial investment and will be evaluated case-by-case. If applicable, we might invest in your following financing round approx. CHF 250K.
New deadline: May 21, 2023.
Alumni Relio just announced their CHF 3 Million Seed Funding Round! Supported by many awesome investors, such as TX Ventures and High-Tech Gründerfonds, SIX Fintech Ventures, and Tenity Incubator & Accelerator.
The Swiss fintech startup and Tenity Alumni, vestr, just announced they secured CHF 10mn in financing led by Elevator Ventures!
Alumni Stableton, the leading European Fintech platform for Alternative Investments, announced the closing of its CHF 15 million Series A funding round, led by TX Ventures, the VC investment arm of our corporate partner TX Group.
You are a Fintech, Insurtech, or a RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, or Crypto Finance startup with a solution or use case for the finance or insurance sector.
You are pre-revenue, are in ideation stage, have a prototype or MVP. You do not need to be incorporated before the start of the program.
Building a startup is hard and we believe that no person can do it by themselves. While you may apply as a solo-founder, you would need to find a cofounder before the program starts, as we do accept teams and not solo founders.
A DeFi Portfolio Infrastructure designed to build, find, and share Alpha - crypto native trading strategies.
We are a LegalTech company that helps inventors and patent attorneys conduct precise prior-art searches through conversation and automatically draft patents.
Defiria provides quantitative risk management services to investors in DeFi and crypto. We provide our customers with the tools to augment their strategy to maximize the ir portfolio growth rate.
fija is the new way to earn on crypto. We make earning interest on crypto: Compliant: Regulated security token Easy: Integrated in crypto & finance apps Transparent: All transactions visible on-chain
Empowering trading communities and brokers with AI-driven analytics to boost retention and improve performance
Da insured is developing deposit insurance for centralized crypto platforms to make them as trustworthy as banks.
Elysium is a self-custody Wallet for Digital Assets with new Onboarding Tech. We are opening Web3's door to people & institutions who struggle to access it, increasing security, easiness and use cases
Blockaware is developing infrastructure to help Web3 companies better manage their finances by providing solutions that integrate on-chain and off-chain accounts in one single source of truth.
Our software bridges between gold buyers and private sellers. By transferring the offline gold expertise to the web space we increase revenue, handle the customer processing and manage transactions.
Fynce is building a digital financial advisor for the mass affluent to cheaply and intuitively manage their total wealth.
Sector: You are FinTech, InsurTech, RegTech,LegalTech startup or adjacent with use cases for financial industry
Geography: Early-stage investing is local. We are looking for companies from:
CH: DACH, Europe and UK
NOR: Europe and UK
SNG: Singapore and southeast Asia
Team: At least 2 co-founding members (working minimum 80% on the startup) and ideally complementary, who have worked together before.
Maturity: Pre-revenue. You are in ideation stage, have a prototype or MVP .You do not need to be incorporated before the start of the program.
Fundraising: You are pre-seed and plan to raise a funding round within the next 6 to 12 months at a valuation anywhere between CHF2M and, but not more than, CHF4M.
Step 1: Fill in the application form – it will take only 2-3 minutes – once submitted, you will receive an email confirmation.
Step 2: A few days after the deadline, the teams will be invited to an online info session where you’ll learn more about the program, our terms, next steps and you’ll have the opportunity to ask your questions.
Step 3: The top teams will be invited for our Speed Dating events in one of our hubs, after which we’ll select the final teams that will enter the program.
We invest up to CHF/EUR 300k or 450k SGD in the startups selected for the program, in exchange for an equity stake and a program participation fee of CHF/EUR 12’000 or SGD 18’000.
The program participation fee is due after receiving the above investment.
In addition, we may invest in a following round.
You don’t have to be incorporated when you apply. But you have to incorporate within 30 days from signing the contracts.
For the Zurich program we mainly look for startups coming from the DACH,Western Europe and UK. If you are incorporated in any other country, you can still apply, but you may need to reincorporate in one of the before-mentioned countries to be accepted into the program.
For the Singapore program: we mainly focus on startups coming from Singapore and South-east Asia. For startups coming from other countries in the region, for example Indonesia, Philippines, Vietnam, Taiwan, Thailand, Hong Kong, we are happy to receive your application, but please be prepared to reincorporate in one of primarily mentioned countries in order to be accepted into the program.
For the Nordics & Baltics program we mainly look for startups coming from Western Europe and UK. If you are incorporated in any other country, you can still apply, but you may need to reincorporate in one of the before-mentioned countries to be accepted into the program.
For questions regarding the locations please contact the scouting team directly at scouting@tenity.com
We don’t accept solo founders, but teams who have minimum 2 cofounders 100% committed on the startup.
The time commitment for the program is 4 weeks in total (1 week per month, for the duration of each masterclass week). At least 2 co-founders must be present during that time.
All co-founders must have astake in the company and represented on the cap table.
We are looking for Fintech, Insurtech, or RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, CryptoFinance startups or startups with a solution or a use case for the finance or insurance sector. So even if you don't strictly fall into the Fintech category, if any of the above applies to you, we are happy to see your application!
