Yova raises 11 million Swiss francs

Yova has raised gross proceeds of 11 million Swiss francs as part of a recently closed financing round. As the Zurich-based start-up writes in a press release, reputable names such as Carole Ackermann and Christoph Sutter are included in the group of investors. The Swiss Technology Fund of the Federal Office for the Environment (FOEN) has also granted a loan of 3 million Swiss francs to Yova.

“Yova has really captured the Zeitgeist, above all for the younger generation”, comments Carole Ackermann. “Young people are keen to play a part in shaping a sustainable world”, she adds, at the same time noting, however, that they also expect full transparency and the latest technology. Ackermann is of the view that Yova’s sustainable investment portal offers all of this.

Anyone interested can invest in a portfolio of sustainable companies from as little as 2,000 Swiss francs. No prior financial knowledge or expertise is required, with investors supported digitally along all processes. This helps to create transparency with regard to the mix of companies and costs involved. According to information from the company itself, its client base has nearly doubled over the first four months of 2021, with half of these new customers generated by way of recommendations from existing clients.

It was only a year ago that Yova announced that it had raised a total of 4 million Swiss francs as part of a financing round. Alongside the recent capital injection of 11 million Swiss francs, this will “allow us to grow our Swiss business in addition to driving forward European expansion plans at full speed”, explains CEO and co-founder Tillmann Lang.