# Investors based in Zug (2026 list) > 187 investors based in Zug, 2% active in the last 12 months. Led by HBM Partners, Partners Group, Adinvest AG. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-zug (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Zug Updated 7 November 2026 Firms with an address in Zug. A head office is a fact about the firm; where it invests is on its own page. [See all 187 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-zug)The top 25 **187** investors on the list No change this week **4** cheques in 12 months Too few cheques to tell **$12M** median round they joined *+54%* against the market median **2%** wrote a cheque in 12 months **2%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (3) - 1 [HBM Partners](https://millionrounds.com/fund/hbm-partners-ag) quiet VC firm · Switzerland **14** **$27M** median round **Jul 2015** last seen - 2 [Partners Group](https://millionrounds.com/fund/partners-group) *Deploying now* Private equity · Switzerland **14** **$140M** median round **Oct 2026** last seen - 3 [Adinvest AG](https://millionrounds.com/fund/adinvest-ag) quiet Growth equity · Switzerland **7** **$11M** median round **Mar 2012** last seen - 4 [Convergence Partners](https://millionrounds.com/fund/convergence-partners) quiet VC firm · Switzerland **7** **$10M** median round **Jun 2023** last seen - 5 [HBM Healthcare Investments AG](https://millionrounds.com/fund/hbm-healthcare-investments-ag) quiet Private equity · Switzerland **7** **$43M** median round **Nov 2015** last seen - 6 [Invision AG](https://millionrounds.com/fund/invision-ag) quiet Private equity · Switzerland **6** **$8.4M** median round **May 2007** last seen - 7 [RBV Capital](https://millionrounds.com/fund/rbv-capital) quiet VC firm · Switzerland **4** **$25M** median round **Dec 2019** last seen - 8 [14Peaks Capital](https://millionrounds.com/fund/14peaks-capital) *Deploying now* VC firm · Switzerland **2** **$27M** median round **Jan 2026** last seen - 9 [NEAR Foundation](https://millionrounds.com/fund/near-foundation) quiet Private equity · Switzerland **2** **$9.5M** median round **Mar 2025** last seen - 10 [Alpvent](https://millionrounds.com/fund/alpvent-ag) quiet VC firm · Switzerland **1** **$3.4M** median round **Mar 2019** last seen - 11 [Bitcoin Suisse](https://millionrounds.com/fund/bitcoin-suisse) quiet Investment firm · Switzerland **1** **$3M** median round **Oct 2019** last seen - 12 [Bloomhaus Ventures](https://millionrounds.com/fund/bloomhaus-ventures) quiet VC firm · Switzerland **1** **$3.7M** median round **Feb 2025** last seen - 13 [CV VC](https://millionrounds.com/fund/cvvc) quiet VC firm · Switzerland **1** **$2M** median round **Aug 2025** last seen - 14 [Capital Dynamics](https://millionrounds.com/fund/capital-dynamics) quiet Private equity · Switzerland **1** **-** median round **Jul 2014** last seen - 15 [Holcim](https://millionrounds.com/fund/holcim) *Deploying now* Corporate VC · Switzerland **1** **$23M** median round **Nov 2025** last seen - 16 [Powerledger](https://millionrounds.com/fund/powerledger) quiet Investment firm · Switzerland **1** **$14M** median round **Feb 2025** last seen - 17 [VSP](https://millionrounds.com/fund/vsp) quiet Investment firm · Switzerland **1** **$15M** median round **May 2018** last seen - 18 [21Celsius Ventures](https://millionrounds.com/fund/21celsius-ventures) unknown VC firm · Switzerland **none observed** **-** median round **-** last seen - 19 [4E Capital](https://millionrounds.com/fund/4e-capital) unknown Family office · Switzerland **none observed** **-** median round **-** last seen - 20 [7Founders AG](https://millionrounds.com/fund/7founders-ag) unknown Investment firm · Switzerland **none observed** **-** median round **-** last seen - 21 [ACAL Private Equity AG](https://millionrounds.com/fund/acal-private-equity-ag) unknown Private equity · Switzerland **none observed** **-** median round **-** last seen - 22 [ARCHITECT](https://millionrounds.com/fund/architect) unknown VC firm · Switzerland **none observed** **-** median round **-** last seen - 23 [ATRIUM FAMILY OFFICE AG](https://millionrounds.com/fund/atrium-family-office-ag) unknown Family office · Switzerland **none observed** **-** median round **-** last seen - 24 [Adelbar Holding AG](https://millionrounds.com/fund/adelbar-holding-ag) unknown Investment firm · Switzerland **none observed** **-** median round **-** last seen - 25 [Alatau VOS](https://millionrounds.com/fund/alatau-vostm) unknown Company · Switzerland **none observed** **-** median round **-** last seen **162 more on this list** All 187 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-zug) ## The Newest Cheques Rounds this list's investors joined most recently - **13** Oct **[Scanntech](https://millionrounds.com/company/scanntech)** $180M *Led by* [Partners Group](https://millionrounds.com/fund/partners-group) - **13** Feb **[Neara](https://millionrounds.com/company/neara)** Growth · $63M *With* [Partners Group](https://millionrounds.com/fund/partners-group) - **26** Jan **[Zocks](https://millionrounds.com/company/zocks)** Series B · $45M *With* [14Peaks Capital](https://millionrounds.com/fund/14peaks-capital) - **28** Nov **[Gravis Robotics](https://millionrounds.com/company/gravis-robotics)** Series A · $23M *With* [Holcim](https://millionrounds.com/fund/holcim) - **11** Sept **[Omie](https://millionrounds.com/company/omie)** Series D+ · $160M *Led by* [Partners Group](https://millionrounds.com/fund/partners-group) - **7** Aug **[TurnStay](https://millionrounds.com/company/turnstay)** Seed · $2M *With* [CV VC](https://millionrounds.com/fund/cvvc) ## Stages This Year 4 rounds - Growth **25%** - Series A **25%** - Series B **25%** - series_f **25%** ## What They Backed Sectors, last 12 months - AI **3** - Construction **2** - Automotive & EVs **1** - Big Data & Analytics **1** - Energy **1** - Fintech **1** ## Cheques by Quarter Led Joined 5 Q1 25 Q2 25 2 Q3 25 1 Q4 25 2 Q1 26 Q2 26 Q3 26 1 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Zug ### Who are the most active investors based in Zug? By cheques observed, the most active are HBM Partners, Partners Group, Adinvest AG, Convergence Partners and HBM Healthcare Investments AG. ### How many investors based in Zug are there? 187 are on record. 2% made an investment in the last 12 months and 2% have led a round. ### Which stages do investors based in Zug back? Of the rounds with a named stage in the last 12 months, mostly Growth (33%) and Series A (33%). ### How big are the rounds investors based in Zug join? The typical (median) round among the leading investors here is $14M. ### Which sectors do investors based in Zug back most? In the last 12 months, mostly AI, Construction and Automotive & EVs. ### Which investors based in Zug lead the most rounds? Partners Group (4 led), Convergence Partners (1 led) and NEAR Foundation (1 led). ### What have investors based in Zug invested in recently? Recent rounds include Scanntech (Oct 2026, with Partners Group), Neara (Growth, Feb 2026, with Partners Group) and Zocks (Series B, Jan 2026, with 14Peaks Capital). ### How is this list of investors based in Zug ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)