Fund profile / Switzerland

Lakestar Continuation Fund

Geography
Switzerland
Stage
Growth
Fund size
€265M
Focus
Deep Tech, FinTech and SaaS
Signals
Published
Share
N°01 / About

About Lakestar Continuation Fund

Growth Tech, SaaS, Fintech, Deeptech, Portfolio Secondaries focused fund

N°02 / Thesis

Investment Focus

Location / RegionSwitzerland
Funding StageGrowth
Industry Focus
Deep Tech
FinTech
SaaS

Investor Signals Profile

active

Sweet Spot

European deep tech founders solving critical sovereignty + geopolitical needs

defence tech
European deep tech
critical technology
European sovereignty
geopolitical resilience

Bullish Signals

UK gov contract: Cambridge Aerospace interceptorsexternal
Portfolio co deployed in weeks post-contractexternal
18 months founder-to-contract trajectoryexternal
Missiles + launchers arriving May 2025linkedin
Gulf partner sales alongside UK contractlinkedin
Multi-office EU presence post-contractlinkedin
$6B AUM platform spans multi-stage investmentwebsite
Advisory board: UK General, Secretary Pompeo, Baroness Lane Foxwebsite
Concentration thesis: fewer bets, full commitment modelwebsite
New Resilience fund for European sovereignty techwebsite
Philosophy: patient, principled, founder-centricwebsite
Trust as true currency, relationships outlast valuationswebsite
Less noise, more commitment, more founder timewebsite
Neutrality is no longer strategy: sovereignty essentialwebsite
Europe's future depends on sector-defining global companieswebsite
Long-term advantage: great companies built across cycleswebsite

Contrarian Signals

Heavy focus on defence — niche LP baseexternal
Long-term thesis vs. quarterly venture normwebsite

Founder Do's

Build cost-asymmetric defence solutions
Target government contracts early
Show rapid path to deployment
Focus on European security gaps
Embrace geopolitical reality in product strategy

Founder Don'ts

Ignore unit economics vs. incumbent cost
Skip government partnership strategy
Assume technology neutrality matters

27 signals on Lakestar Continuation Fund

16 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€265M
Saves0
People

Key People

Klaus Hommels, Oliver Heimes, Akis Bratsos, Stephen Nundy, Christoph Schuh

Dr. Klaus HommelsFounder
N°04 / See also

Related Funds

Location
Switzerland
Stage
Seed
Focus
Enterprise Software, Ai Ml, Manufacturing, Biotech, Med Tech, Digital Health, Fintech
Manager
VI Partners
Seed
Enterprise Software
Ai Ml
Manufacturing
Biotech
Med Tech
Digital Health
Fintech

Capital Dynamics

Fund size$1.1B
Location
Switzerland
Stage
Series A
Focus
Saas, Climate Sustainability
Manager
Constantinos Economou, Markus Langner
Series A
Saas
Climate Sustainability
Location
Switzerland
Stage
Pre Seed
Focus
Saas
Manager
Ralf Flore, William Clegg
Pre Seed
Saas