Swiss-based technology startup investor CV VC is expanding its international operations through a merger with Abu Dhabi-based accelerator Elixir.
The move responds to rising demand for cross-border early-stage support in blockchain, AI and the digital economy.
The merger combines CV VC’s global investment and ecosystem activities with Elixir’s regional presence in Abu Dhabi.
It comes as the UAE positions itself as a regulated hub for digital assets and emerging technologies.
The deal also supports CV VC’s strategy of operating across interconnected and regulated innovation hubs.
In addition to its headquarters in Switzerland, the firm operates in Liechtenstein, South Africa, the UK, Dubai, Germany and Portugal.
“By combining our global footprint investor experience with Elixir’s regional depth, and building on the UAE’s regulatory clarity and international reach, we aim to support founders developing scalable technology-based ventures in and from the region for global markets,”
said Mathias Ruch, Founder and CEO of CV VC.
Following the merger, CV VC will expand Elixir’s Abu Dhabi-based team and network.
It will contribute its Web3 investment and ecosystem expertise and connect Elixir to its international hubs. Elixir will continue to run founder programmes in Abu Dhabi and other markets.
This includes delivering the Digital Assets Programme at Hub71.
Rachel Herauf, Head of Founder Services at Elixir, said:
“Abu Dhabi’s capital strength and long-term vision for digital assets is increasingly attracting founders building globally relevant companies. CV VC’s global insight and network will strengthen our ability to support these founders.”
Featured image credit: Edited by Fintech News Middle East based on image by tsyhun via Freepik
