Rosablanche Ventures lead investor in 10 million series A financing at Foxstone
Foxstone has completed a CHF 10 million Series A financing round. The online platform is a fast growing real estate crowdfunding that democratizes real investment through technology and has attracted new investors including the Swiss family office Rosablanche Ventures. Allmost all existing investors joined the round.
The family investment vehicle of Thierry Baudon, founder of Mid Europa Partners, is one of the largest private equity funds in Central and Eastern Europe. Based in Martigny, it was established in 2016 and invests in innovative technology companies. Baudon and his wife Isabelle Schirmer have a long history in private equity and venture capital and are co-founders of Rosablanche Ventures, a company dedicated to the financing of Swiss start-ups which led this financing round.
The Foxstone’s platform brings together investors and allows them to jointly acquire investment properties. The company also provides equity loans to finance real estate development projects. It provides a turnkey service from property and project selection to monitoring and management. All processes are fully digitised and can be completed online with just a few clicks. The platform, which brings together more than 15,000 investors, has achieved a transaction volume of over CHF 150 million since its creation in 2018.
Bonnard Lawson International advised Rosablanche Ventures, as lead investor, on the financing in Foxstone. The team was led by Loïs Hainard (corporate/M&A, pictured) and included partner Florian Ducommun (Fintech) and Emmanuel Emery (associate, corporate/m&a).