Swiss AI startup DemoSquare raises €1.2M
Summary
Switzerland-based DemoSquare, an EPFL spinoff that develops AI technologies to help companies anticipate political and regulatory changes, has secured CHF 1.2M (approximately €1.28M) in a pre-seed round of funding from Swiss and German investors. We are excited to be part of their journey and look forward to seeing their full potential unfold.” The funds will accelerate DemoSquare’s expansion into European markets and influential EU institutions. Founded in 2023 by Dr. Victor Kristof and Dr. Jérémie Rappaz, DemoSquare’s AI-powered SaaS platform assists companies in navigating regulatory complexities and staying ahead of legislation. Daniela Bach, principal at HTGF, says, “We invested in DemoSquare because data and AI can play a major role in bringing more transparency and predictability into law-making processes.” “This is key in a current dense regulatory environment for political stakeholders and corporates alike, and we are excited to back Victor and Jérémie who have the perfect academic and tech background for building this company.” Brief about the investors QBIT Capital, founded in Zurich by Georges Khneysser, is a VC firm dedicated to supporting Swiss startups. Fund investors include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital, and 45 industry companies.