FONGIT

AI Verified

Location

Switzerland


Investor type

Accelerator/Incubator


Current investment status

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Website

http://www.fongit.ch


Linkedin

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Submission link

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Company address

Plan-les-Ouates, Geneva, 1228, Switzerland


Founding year

1991


Twitter

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Facebook

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Criteria Requirements Match
Regions Western Europe
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Impact Area
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Stage Seed, Bridge, Pre-Seed, Series A
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Ticket size
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USD
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Monetization model
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Product readiness
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Client types
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Min. revenue
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Other
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Company description

FONGIT serves as a catalyst for entrepreneurial growth, providing comprehensive support to innovators seeking to transform groundbreaking ideas into viable business ventures. As a private non-profit foundation backed by the State of Geneva, the organization focuses on fostering economic development and social impact throughout the Geneva region. Their mission centers on creating sustainable value from innovation, contributing significantly to the local ecosystem's dynamism and global competitiveness.

The foundation has built an impressive portfolio of over 220 early-stage ventures across various innovative sectors. These carefully selected startups receive tailored assistance designed to address the multifaceted challenges faced during the critical initial phases of business development. FONGIT's support extends beyond mere financial backing, encompassing a holistic approach to nurturing entrepreneurial talent and technological advancement within Switzerland's innovation landscape.

What distinguishes FONGIT is its comprehensive service offering that combines strategic financing with practical operational support. Entrepreneurs gain access to specialized coaching from industry experts, fully-equipped office spaces and laboratory facilities, and essential administrative infrastructure. Additionally, the foundation provides valuable legal consultation and accounting services, removing significant barriers that typically hinder early-stage growth and allowing founders to concentrate on core business development.

Beyond tangible resources, FONGIT has cultivated a thriving entrepreneurial community that facilitates knowledge exchange, collaboration opportunities, and valuable networking connections. This vibrant ecosystem enables cross-pollination of ideas and expertise among portfolio companies, mentors, investors, and industry partners. By fostering these collaborative relationships, the foundation amplifies its impact, creating a multiplier effect that strengthens Geneva's position as an innovation hub while helping promising ventures scale successfully and sustainably in competitive global markets.

Highlights

Supporting 220+ innovative ventures with funding & resources
Transform innovation into social and economic value in Geneva

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Frequently asked questions

Where is FONGIT located?

FONGIT maintains its global headquarters in Switzerland, serving as the strategic center for its operations. The company's primary corporate offices are located at Plan-les-Ouates, Geneva, 1228, Switzerland.

What investment stages FONGIT focuses on?

FONGIT focuses its investment activities on companies operating in the following stages: Seed, Bridge, Pre-Seed, Series A. FONGIT provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does FONGIT invest?

FONGIT maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Western Europe.

When was FONGIT founded?

FONGIT was established in 1991, marking the beginning of its journey as an investment firm.

What kind of investment firm is FONGIT?

FONGIT is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.