About Fongit
Fongit, an accelerator and incubator program founded in 1991, is based in Geneva, Switzerland. With a presence in 14 countries, it has supported around 144 startups in sectors like Life Sciences, Enterprise Applications. As of Oct 2026, Fongit has 1 unicorn under its belt and has witnessed 9 portfolio exits. Most notable companies in
its portfolio include Proton, nsave and Goodwall. The program is backed by a team of 9 people who primarily support Seed startups based in Switzerland. Its latest investment was a $2.94M Seed round in Immitra Bio on Jul 22, 2026, which also saw participation from OCCIDENT and Another.
Key Metrics
Founded Year
1991
Location
Geneva, Switzerland
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 2 more
Locations of Investment
Unicorn in Portfolio
Fongit's List of Top Investments
Fongit has a portfolio of 144 companies, one of which is a Unicorn. Their most notable investments are in MPC and OrbiWise.Their portfolio spans across Switzerland, France, United States and 11 more locations. They have invested in Life Sciences, Enterprise Applications, High Tech and 31 other sectors, across stages such as Seed, Grant (prize money) and 2 more. Here is the list of top investments by Fongit:1. Proton
Provider of encrypted email, calendar, VPN, password management, and cloud services. It offers tools for secure communication, private scheduling, online activity protection, and password management. The company provides cloud storage, document editing, and spreadsheet collaboration. It also features an AI assistant focused on user privacy and an email alias service.
Key facts about Proton
- Founded Year: 2014
- Location: Geneva (Switzerland)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 982 as on Aug 31, 2026
- Investors: EIC Fund, The TOP 100 and 4 Others
- Latest Funding Round: Grant (prize money), Mar 31, 2021, $*****
- Highlight: Editors' Pick

2. nsave
Multi-currency accounts and investment services provider. It offers a secure, multi-currency account for holding and exchanging funds, facilitating transfers and payments. Additionally, it provides access to US stocks and ETFs, enabling investment in a variety of assets. A cash payout service allows for worldwide money transfers. A Mastercard is linked to the account for global spending. Future services include wealth management and higher-yield investment options.
Key facts about nsave
- Founded Year: 2022
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $22.5M
- Employee Count: 63 as on Sep 30, 2026
- Investors: ACE & Company, TQ Ventures and 10 Others
- Latest Funding Round: Series A, Jan 10, 2025, $*****
3. Goodwall
Online learning community for students and young professionals. The platform enables students and graduates to showcase their profiles professionally and receive job and admission opportunities based on their preferences and potential. Also provides mentors for guidance. Available for Android and iOS platforms.
Key facts about Goodwall
- Founded Year: 2014
- Location: Geneva (Switzerland)
- Stage: Series B
- Total Funding till date: $10.8M
- Employee Count: 103 as on Aug 31, 2026
- Investors: Verve Ventures, EIC Fund and 10 Others
- Latest Funding Round: Series B, Mar 06, 2023, $*****
- Highlight: Editors' Pick
4. KOMGO
Blockchain-based loan management solutions for trade finance. It offers solutions such as Konsole for authenticated messaging, Market for processing transactional data, Check for onboarding, trakk for keeping track of invoices, contracts, guarantees, warranties, and more. It provides a risk-based trading environment.
Key facts about KOMGO
- Founded Year: 2018
- Location: Geneva (Switzerland)
- Stage: Series C
- Total Funding till date: $28.9M
- Employee Count: 104 as on Aug 31, 2026
- Investors: ING Ventures, Societe Generale and 8 Others
- Latest Funding Round: Series C, Sep 04, 2023, $*****
- Highlight: Editors' Pick
5. Taurus
Provider of institutional digital asset infrastructure offering custody, tokenization, and trading solutions. It enables secure custody of cryptocurrencies and tokenized assets, issuance and lifecycle management of tokenized securities, and regulated trading services. The platform supports multi-asset operations across public and permissioned blockchains, offering integrated solutions for custody, settlement, collateral management, and trading, with deployment options including cloud, on-premise, and hybrid environments, primarily serving banks, asset managers, and regulated financial entities.
Key facts about Taurus
- Founded Year: 2018
- Location: Geneva (Switzerland)
- Stage: Series B
- Total Funding till date: $65M
- Employee Count: 123 as on Aug 31, 2026
- Investors: Pictet Group, UBS and 8 Others
- Latest Funding Round: Series B, Feb 14, 2023, $*****
- Highlight: Editors' Pick
Fongit's Year-on-Year Investment Trends
Fongit has invested in 144 companies over the last 14 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Immitra Bio and most recent follow-on round was in TheraPPI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 0 | 1 | 1 |
2024 | 2 | 3 | 5 |
2023 | 8 | 2 | 10 |
2022 | 10 | 3 | 13 |
2021 | 11 | 0 | 11 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
Fongit's Investments by Stage
Fongit has made 29 investments in Seed stage with an average round size of $890K, 7 investments in Grant (prize money) stage with an average round size of $55.3K, 4 investments in Conventional Debt stage with an average round size of $252K and 2 investments in Series A stage with an average round size of $102K.Stage of entry | No. of Investments |
|---|---|
Seed | 29 |
Grant (prize money) | 7 |
Conventional Debt | 4 |
Series A | 2 |
Note: We have considered here, only first round of investments
Fongit's Investments by Sector
Fongit has a diverse portfolio, with companies operating in the Life Sciences, Enterprise Applications, High Tech, Consumer and HealthTech. Notably, it has invested in 95 Tech companies, 89 Enterprise (B2B) companies, 45 Software companies and at least 26 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Life Sciences | 17 |
Enterprise Applications | 7 |
High Tech | 6 |
Consumer | 4 |
HealthTech | 4 |
Others | 27 |
Note: We have considered here, only first round of investments
Fongit's Investments by Geography
Fongit has made most investments in Switzerland (37), followed by France where it has made 2 investments.Country | No. of Investments |
|---|---|
Switzerland | 37 |
France | 2 |
Japan | 1 |
Romania | 1 |
United Kingdom | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Fongit's recent investments
Fongit has made 3 investments in 2026 so far. Immitra Bio and TheraPPI are the latest among them.Here are the most recent investments by Fongit:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 22, 2026 | Switzerland | Seed | 9257 | [+6] | |
Jun 04, 2026 | France | Seed | 7221 | ||
Feb 25, 2026 | Switzerland | Seed | 8280 | [+4] | |
Sep 08, 2025 | Switzerland | Seed | 6307 | [+4] | |
Jun 25, 2024 | Switzerland | Seed | 8948 | - |
Unicorns in Fongit's Portfolio
Fongit has 1 unicorn in its portfolio - Sonar. The most recent unicorn in their portfolio is Sonar which became a unicorn in 2022, 4 years before Fongit first invested in it.Here is a list of unicorns in Fongit's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Developer of static code analysis tools for continuous code inspection | 2008 | Vernier | Series D | ufyjllq |
Acquired companies in Fongit's Portfolio
9 companies from Fongit's portfolio have been acquired. The most recent acquisition was Farmer Connect in Aug 2025 by Agridence for $*****.Here are Fongit's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2025 | - | - | 7605 | |
May 20, 2025 | - | - | 4940 | |
Dec 03, 2019 | - | - | 1776 | |
Jan 10, 2018 | - | - | 6028 | |
Jul 11, 2017 | - | - | 3757 |
Team profile of Fongit
Fongit has a team of 9 members including 1 Partner and 2 Principals located in Switzerland. Fongit's team does not sit on the board of any company as of now.Here is a list of all team members in Fongit:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Switzerland | - | - | |
Principal | Nyon | - | ||
Principal | Geneva | - |
Co-investors of Fongit
Over the past 14 years, 103 investors have co-invested in Fongit's portfolio companies. This includes funds and angels.
- Invested before Fongit: Venture Kick, Europa and 24 others have invested in rounds before Fongit. There are 10 companies where Venture Kick has invested before Fongit and 3 companies where Europa has invested before Fongit.
- Top Co-investors of Fongit: 27 investors entered a company along with Fongit. These include investors like Swiss ICT Investor Club (3 companies).
- Invested after Fongit: A total of 50 investors have invested in Fongit's portfolio after their investments. Top Investors include EIC Fund (5 companies) and Europa (4 companies).
Recent News related to Fongit
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Flottando Exits Stealth With Pre-Seed Funding Led by HFGA Investment HoldingStartupticker•Sep 14, 2026•Flottando, Fongit
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TheraPPI Completes Second Closing of Pre-Seed Financing RoundStartupticker•Jun 04, 2026•Therappi, Fongit, PULSALYS
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Clee Medical Raises Seed Funding to Advance Real-Time Brain ImagingStartup Rise EU•Feb 25, 2026•Clee Medical, Fongit, Wyss Center, Kickfund and 3 others
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Three Geneva Tech Projects awarded FIF FundingStartupticker•Apr 26, 2024•Antion Biosciences, Firefly Fusion, Fongit
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nsave: $4 Million Raised To Help Individuals From Distressed EconomiesPulse 2.0•Mar 26, 2024•nsave, Sequoia Capital, TQ Ventures, Y Combinator and 3 others
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ACE Ventures Invests in nsave’s $4mm Seed RoundACE & Company•Mar 22, 2024•ACE & Company, nsave, Sequoia Capital, TQ Ventures and 3 others
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CHF 3.8 million to support Multiwave medical imaging portfolio growthStartupticker•Sep 16, 2023•Multiwave Technologies, Tryfontseriotis, Fongit, Ava
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Ovomind gets closer to Beta DeploymentStartupticker•Oct 21, 2022•Ovomind, Swiss ICT Investor Club, Fongit