Entrepreneur Daniel Borel has been named Business Angel of the Year by Swiss business magazine Bilanz.
In 1981, Borel’s technology company Logitech developed the computer mouse at a time when the success of the PC was unforeseen. Logitech now has holdings in excess of 1bn francs and has 4,000 employees.
Borel has invested approximately 7m francs in ten, mostly Swiss firms over the years. One of these firms is BrainsToVentures (b-to-v), an enterprise that provides an online marketplace for the matching and placing of Business-Angels, founding partners and employees for start-ups.
BrainsToVentures was founded in the spring of 2000 and is the largest business-angel network in Switzerland. It was financed by aventic (Venture Capital Fund of UBS AG, Switzerland), IVC Venture Capital and PriceWaterhouseCoopers and a group of Business-Angels, including Helmut Thoma and Alexander Straub (joint-founder of mondus.com).