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Single Family OfficeAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 5 SOURCES

Armada Investment

Also known as Armada Investment AG, Armada

Zurich-based private investment firm of Swiss entrepreneur Daniel S. Aegerter, investing only its own capital across venture, growth, private and public equity and real estate.

USEFUL FOR Founders · Business owners seeking a long-term partner · Co-investors

Private investment firm of Swiss entrepreneur Daniel S. Aegerter, based in Zurich (armada.com). Not to be confused with other, unrelated firms named Armada.

Family & background

FAMILY
Aegerter
WEALTH ORIGIN
Software (Tradex Technologies, sold to Ariba in 2000)
HEADQUARTERS
Zurich, Switzerland
FOUNDED
2000
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Deep TechSpaceFintechSoftware & SaaS
GEOGRAPHY
EuropeUnited States
STAGES
SeedSeries ASeries BGrowth
ROUTES
Direct investments
STRATEGIES
Direct investmentsVenture capitalPrivate equityPublic equitiesReal estate
LATEST DEAL
Blykalla · Dec 2025

Overview

Armada Investment AG was founded in 2000 by Daniel S. Aegerter, who built the B2B marketplace Tradex Technologies and sold it to Ariba in 2000. Based in Zurich, the firm says it invests only its own permanent capital, with no outside investors, across venture, growth, private and public equity and real estate. In venture it backs founders from the earliest stages through growth, mainly in Europe and the United States, in areas ranging from advanced nuclear and robotics to financial infrastructure. It co-led Blykalla's Series A extension in 2024 and co-led the Swedish reactor developer's US$50M round in December 2025, and took part in Gravis Robotics' $23M round in November 2025.

Investment thesis

Backs founders working on hard problems and meaningful innovation, from their earliest stages through growth, mainly in Europe and the United States, with a long-term horizon made possible by investing only its own capital.

Holdings & investments (38)

People

  • Benjamin Eisert
    Partner, Head of Investments · source
  • Hampus Thorson
    Partner, Portfolio Management · source
  • Marek Grochowski
    Investment Analyst & AI Lead · source
  • Michael Aegerter
    Analyst, Fund Investments · source
  • Daniel S. Aegerter
    Founder, CEO & Chairman · source
  • Martin Rechsteiner
    Chief Financial Officer · source

Classification

Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →

FAQ

Armada Investment is a single family office based in Zurich, Switzerland, founded in 2000.

Armada Investment invests on behalf of the Aegerter family (Software (Tradex Technologies, sold to Ariba in 2000)).

Armada Investment invests directly in companies. Its stated asset mix includes direct investments, venture capital, private equity, public equities and real estate.

Armada Investment invests at Seed, Series A, Series B and Growth stages in Deep Tech, Space, Fintech and Software & SaaS.

Key people at Armada Investment include Daniel S. Aegerter (Founder, CEO & Chairman), Martin Rechsteiner (Chief Financial Officer), Benjamin Eisert (Partner, Head of Investments) and Hampus Thorson (Partner, Portfolio Management).

Armada Investment's holdings and investments include Commonwealth Fusion Systems, N26, Proxima Fusion, SpaceX, Oklo, Alveo, ASAPP and Auterion, among others.

The most recent publicly reported investment by Armada Investment is Blykalla, announced in Dec 2025.

No. Armada Investment invests its own capital and does not raise money from outside investors.