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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
Portfolio Companies
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:
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
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

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
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

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 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.
Here are Fongit's investments by stage:
Stage of entry
No. of Investments
Seed
29
Grant (prize money)
7
Conventional Debt
4
Series A
2
Breakdown of Fongit's investments by stage of entrySeed (29)Grant (prize money) (7)
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).
Here are Fongit's investments by sector:
Sector
No. of Investments
Life Sciences
17
Enterprise Applications
7
High Tech
6
Consumer
4
HealthTech
4
Others
27
Breakdown of Fongit's investments by sectorsLife Sciences (17)Enterprise Applic... (7)
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.
Here are Fongit's investments by geography:
Country
No. of Investments
Switzerland
37
France
2
Japan
1
Romania
1
United Kingdom
1
Others
1
Breakdown of Fongit's investments by countriesSwitzerland (37)France (2)
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
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
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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).

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FAQs about Fongit

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