Alongside this, redalpine will expand its footprint with a new office in London, boosting its commitment to investing in innovation across Europe. redalpine was founded in Switzerland in 2006 and has positioned itself as one of Europe’s most experienced venture capital funds.
redalpine focuses its funding on category leaders in software and science: from AI, software, biotech, and food to insurtech and fintech, healthcare, and energy—and being the first backers of unicorns like Taxfix and N26.
redalpine’s strong track record and consistently strong returns ensured that RAC VII closed oversubscribed, exceeding its initial target despite a complicated fundraising environment.
Michael Sidler, (pictured left) 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.”
redalpine operates out of offices in Zurich, Berlin, and soon London, and RAC VII will back 15-20 early-stage companies across Europe. RAC VII 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 Expression Edits (UK), the gene-editing company that is streamlining and accelerating the development of life-saving therapies.
Lino Teuteberg, Co-Founder of redalpine portfolio company Taxfix, reflected: “When we set out to help people all across Europe overcome their fear of complex tax and financial issues, Redalpine stood out with their hands-on approach and deep belief in our vision. The founding partners and team served as valuable sparring partners around the topics of product development, growth, and hiring, and continue to double down on their support by investing from Seed to Series D. We’re delighted to hear that RAC VII will enable more entrepreneurs to benefit from partnering with Redalpine.”
The opening of redalpine’s new London office reflects the company’s commitment to Europe’s local startup ecosystems. Redalpine has already backed over 10 UK-based companies, including 9fin, Uncommon, and Hypervision Surgical.
Sebastian Becker, General Partner at redalpine and future 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.”
redalpine has already invested in over 100 companies, including N26, Klarna, Taxfix, Aktiia, Lakera, and Infinite Roots. The company is committed to supporting insurtechs, shown in investments such as Mistral AI, which is transforming the underwriting experience through artificial intelligence.
On top of its six early-stage funds, redalpine launched its evergreen multi-stage Summit Fund in 2020, a first in Europe. The Summit Fund enables redalpine to invest in European tech champions and support its top-performing portfolio companies through the later stages, from startup to IPO, reducing reliance on US funding.
