Liquidity without IPOs: private equity's role

Timestamps:

10:37 - Liquidity in the Swiss market without IPOs 

23:12 - What areas are attracting funding in Switzerland

36:55 - Europe vs US

45:22 - The guests predictions for 2026

This episode was co-produced with ⁠Swiss Startup Days⁠, the leading Swiss deep-tech catalyst event for startups, investors, enablers, and corporates.Checkout Newcomers - the ultimate pitching format for pre-seed and seed startups in Switzerland. Applications open in December 2025.

Episode description:

In this first Swisspreneur Briefing, we go live with Sophie Lamparter (Founder & Managing Partner at VitaminºC) and Laurent Decrue (Co-Founder & Co-CEO of Holycode) to break down what’s moving and shaking in the Swiss startup ecosystem in the last months -  from funding and liquidity to what founders should read between the headlines.

Together with Silvan, they unpack three big themes: why Switzerland is finally getting more attention globally for local talent in AI, robotics and drones - yet still hasn’t cracked true scale; why liquidity in Switzerland often looks more like private equity or strategic moves than local IPOs; and how gaps in the capital structure (from growth rounds to public markets) shape where Swiss companies build and ultimately exit.

They then unpack the trade-off founders face between an early life-changing exit and the ecosystem’s need for bigger compounding outcomes; why secondaries could unlock more ambitious journeys but are still culturally harder in Switzerland; and what a “Europe build / US fundraise & go-to-market” playbook can look like.

The cover portrait was edited by⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.smartportrait.io⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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