Backbone Ventures
ActiveOverview
Backbone Ventures is an early-stage venture capital firm based in Zurich and Frankfurt am Main, focusing on pre-seed, seed, and early-stage investments primarily in ICT and food tech.12 It began investing on a deal-by-deal basis and now operates mainly from its EUR 20m Backbone Ventures 5502 Fund since September 2022, with a geographical emphasis on Germany and Switzerland.1
History
Founded in 2018, Backbone Ventures initially invested without a formal fund on a deal-by-deal basis, supporting 26 teams in four years across Switzerland, Germany, the US, and Israel.1 In September 2022, it launched the Backbone Ventures 5502 Fund, a EUR 20m pre-seed fund targeting Germany and Switzerland.1 The firm has invested in over 42 companies.2
Reputation
Backbone Ventures is recognized for empowering underrepresented founders and investing in early-stage tech ventures, with a track record of over 42 investments.12 It maintains a small team of 6-10 employees and focuses on specific regions and sectors like ICT and food tech.23 No significant criticisms are noted in available sources.