We are extremely pleased to work with such experienced investors. With Sparrow Ventures, we have won a strong partner who will support us in realising our vision of bringing real estate services to a transparent and accessible level.
Making beautiful places in nature accessible in a sustainable way. We are very pleased to have Sparrow Ventures as a lead investor on board who fully supports our strong vision and helps us to grow.
With Sparrow Ventures we have found a new partner to support us on our growth path who shares the Swiss Roots and our vision to offer superior quality at accessible prices, which is at the core of the Migros Founding Principles.
With Sparrow Ventures, we have won a strong partner for our further expansion in Switzerland. They are fully committed to our vision: to rethink mental health care, making effective solutions for prevention and treatment accessible worldwide.
Being part of Migros Group is a unique opportunity to grow our company and product offering even further in the future. Sparrow acts as our guide in this huge network to help and find synergies.
With Sparrow Ventures we have found a strong partner with an extensive network to support us on our path of becoming the leading digital financial advisor in Switzerland and to make high-quality financial advice more accessible to everyone.
Jan `23 - We are pleased to announce that we acquired shares in Revendo. Within a decade, the Swiss start-up managed to build up a flourishing business and to position itself as the number-one provider in Switzerland for used electronic devices. An online shop, ten stores of its own and 140 employees are evidence of the company’s successful track record. Migros believes in the potential of sustainable circular business models, and with the purchase of Revendo shares, is setting an example with regard to the circular economy.Read more here
Nov `22 - We are proud to say, that since its foundation in 2018, bestsmile has developed into the market leader in dental correction, specialising in the manufacture of aligners and veneers. The Swiss start-up, in which we first invested three years ago and which was taken over by Migros in March this year, has now laid the foundations for yet more growth, doubling the size of its factory in Winterthur to 500 square meters and upgrading its infrastructure significantly. Various industrial 3D printers, CNC milling machines, and plasma ovens are used at the factory. The key component is a manufacturing robot developed in close cooperation with the OST – Ostschweizer Fachhochschule. Thanks to this one-of-a-kind machine, bestsmile can fully automatically produce 10,000 high-quality, tailor-made aligners a week. This innovative technology enables dental braces to be punched out residue-free and sorted automatically by customer. That's unique throughout Europe. The investment in will enable bestsmile to continue ensuring that locally made products remain affordable for everyone in Switzerland.Read more here
Oct `22 - We are happy to introduce Yuno, our latest start-up. By renting out entertainment electronics, Yuno offers the Swiss population a flexible and sustainable alternative to purchasing and is thus serving a rapidly growing trend. Launched as a test project in December 2021, the company has grown much faster than originally anticipated since entering the market in May of this year. To date, Yuno has received growth financing in the single-digit million range and wants to aim high with these funds.Read the news here
Sep `22 - We are happy to announce that WePractice, the modern group medical practice for mental health developed by Sparrow Ventures, is growing. WePractice was launched as a project in 2020 and has now received growth financing (series B) in the higher single-digit million range after successfully completing its market launch. The ambitious growth plan is already running at full speed. The mental health start-up offers psychotherapists and psychological coaches a Switzerland-wide network of shared practices featuring co-working areas. In addition, a specially developed online platform that includes a directory of therapists makes it easier for the Swiss population to access suitable therapists and coaches.Read the news here
Jun `22 - We are happy to announce that we invested in the Swiss start-up Nomady. It is our first investment in the travel segment. The online booking platform arranges private camping-sites and simple accommodation in the countryside. Since its foundation in 2019 by Oliver Huber and Paolo de Caro, the start-up from Einsiedeln has experienced strong growth and established itself as the leading marketplace for sustainable tourism in Switzerland. Over 500 offers from hosts in Switzerland and the neighbouring countries of France, Germany, Italy and Austria are already available on nomady.camp, and the number is growing. The booking rate is constantly increasing. The investment was launched together with Hotelplan Group. Our common goal is to strengthen sustainable, nature-based tourism and expand the range of travel options for people in Switzerland and beyond.Read the news here