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Crisis Needs Courage

As 2023 draws to a close, we would like to briefly reflect on what has kept us busy over the past 12 months. The year was characterized by some very contrasting develop­ments, by both very positive successes and very challenging situations for many founders and venture capital investors.

At OCCIDENT, we are a reliable partner for our founders and support and finance our portfolio companies when it matters. Our day-to-day activities are strongly entre­preneurial and value-driven, and we make necessary decisions courageously and with a holistic perspective. We take a long-term view of venture capital investments, regardless of temporary trends or crises.

Our courageous approach has also proven itself in 2023. We are very pleased to have achieved two successful exits with adivo and Lunaphore, to have accompanied 9 financing rounds and to welcome 3 new start-ups to our portfolio, as well as to have expanded our investment team by two more members from the new year. Challenging times require strong leadership and vision, deep under­standing and experience to successfully tackle a wide range of societal challenges.

We would like to thank all of our valued partners, co-investors and highly motivated founders for the excellent collaboration in 2023 and look forward to what 2024 will bring! At the very least, we can be sure that there will be challenges in 2024 that will require courage to overcome successfully.

Until then, we wish you a peaceful Christmas season, a relaxing break before the start of the new year and all the best for 2024!

Congratulations to Sandra on her promotion! Overview Avelo receives a 1.5M Innosuisse Grant
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