New Swiss fund Tomahawk.VC pledges $20 million to global-first startups prepared for remote teams

Swiss entrepreneur Cédric Waldburger is launching Tomahawk.VC, a new $20 million venture capital fund for “global-first startups”. In his view, the new normal of remote work, brought on by the coronavirus pandemic, will be best seized by businesses that prepare for global distribution from the start. "Yes, building team culture in a remote setting may require you to be creative," Waldburger says in a press release, "but it's not more difficult - just different!” This know-how is the fund’s differentiating value, claims the VC. For the last decade, Cédric has worked remotely and co-founded DFINITY, a Silicon Valley unicorn that develops the decentralized internet. The firm will offer its portfolio companies “reliable methods and processes that have proven their worth over the last twelve years”. The Tomahawk.VC team includes the Zurich-based investor's two close friends, who both have backgrounds in private equity. So far the fund has already invested in four companies: Locatee and Liquity from Switzerland, plus Lano and Buynomics from Germany.