Credit Suisse has added an extra $70m to its Entrepreneur Capital fund and invested an undisclosed amount in drone developer Perspective Robotics.
Switzerland-headquartered financial services firm Credit Suisse added CHF70m to its Entrepreneur Capital fund on Wednesday to increase its overall size to CHF200m ($199m).
Entrepreneur Capital, which is managed by private equity firm Helvetica Capital, has already invested almost $130m in 52 small-to-medium-sized companies based in Switzerland, and still holds stakes in 29 of those.
The fund has a largely sector-agnostic approach, through robotics, automation, medical and financial technology are all areas of interest. It seeks companies that need funds to…
