Swiss venture investor B-to-V heads to Berlin
Swiss venture capital firm B-to-V Partners has opened a new office in Berlin with four investment professionals.
The move comes six months after the VC backed Berlin-based chauffeur service Blacklane in a double-digit million Euro deal.
B-to-V stated that the new office will enable the firm to become more active in the German market, particularly among its prime target group of technology start-ups.
The VC also announced the appointment of RI Digital Ventures' Jochen Gutbrod as executive chairman. He has held senior management positions in the publishing sector and other industries and has introduced online business models to traditional publishing houses. Gutbrod has also been involved in investments in a number of private equity-backed companies including Zalando, Auctionata and Blacklane.
Based in St Gallen in Switzerland, the venture capital group has 200 investors in its fund. It focuses on early-stage and expansion deals in the DACH region and usually takes a seat on the board of its portfolio companies. B-to-V completed six transactions in 2013 including Luxodo and Ondeso.
Florian Schweitzer is chairman of B-to-V.
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