Daniel Aegerter

Daniel Simon Aegerter
Born
Daniel Simon Aegerter

(1969-07-20) July 20, 1969 (age 55)
Bern, Switzerland
OccupationChairman of Armada Investment Group
Known forFounder of Tradex Technologies
Billionaire on paper during the dot-com bubble

Daniel Simon Aegerter (born July 20, 1969) is a Swiss businessman and venture capitalist. Formerly founder and CEO of Tradex Technologies, he later founded Armada Investment AG to manage his wealth. He was an early investor in Nutmeg (company), N26, Lilium GmbH, and Commonwealth Fusion Systems.

Early life

Daniel Aegerter was born in Bern, Switzerland. His father, Simon, is a physicist and the founder of the Swiss Science Center Technorama. His mother, Irene, is also a physicist and a former member of the Swiss Commission for Nuclear Safety.

Career

At the age of 18, Aegerter founded his first company, Megabyte.[citation needed]

In 1988, at the age of 19, Aegerter founded Dynabit, an importer and distributor of Apple Macintosh peripherals, particularly for those used in electronic publishing. At that time, he was working as an intern for Swiss Bank Corporation.[1][2] He received a loan of 250,000 Swiss francs from Zug Cantonal Bank.[3]

In 1990, he moved to Tampa (Florida) with his wife to start a computer trading business.[citation needed] In 1996, he founded Tradex Technologies as an Internet-based system for automating the purchase of computer equipment distributed by Dynabit.

In December 1999, SAP Ariba agreed to acquire the company for $1.9 billion in stock.[4] By the time the deal closed in March 2000, the stock was worth $5.6 billion and Aegarter was a billionaire on paper. After the dot-com bubble burst, Aegarter's fortune dwindled to 500 million Swiss francs. He formed Armada Investment Group, a family office to manage his wealth. He capitalized the company with $120 million.[5]

Aegerter was a member of the Board of Directors of euNetworks[6] from 2010 to 2018 and of Nutmeg (company) from 2012 to 2019. He funded Emergency Reactor co-founded by activist Zion Lights and Robert Stone.[7]

Aegerter is a member of World Minds.

Personal life

Aegerter is married and has 2 sons. He owns a $12 million mansion in Zumikon.

Sponsorships

In July 2019, the "Medium Goal" tournament, both founded and sponsored by Daniel Aegerter, took place for the 14th time.[8]

Nuclear power

In February 2017, Aegerter and other investors invested a total of USD 4.5 million in the startup Transatomic Power.[9] He is also an investor in Oklo, designer of the Aurora nuclear reactor.[10]

Armada VC investments

Aegerter's investment firm "Armada VC" invested a total of $3 million in Flytrex in January 2017, along with several angel investors, to enable drone deliveries.[11]

Armada Investment participated in a collection campaign of the German pension platform Xpension in April 2020. A total of 25 million EUR was raised.[12] In October 2020, Armada Investment supported the Swiss regulator, which was close to approval.[13]

Movies

In 2020, the film "Chasing the Moon", of which Aegerter was one of the producers, was awarded a Creative Arts Emmy.[14]

References

  1. ^ "Serial Entrepreneur Daniel S. Aegerter Joins Exigen Capital Advisory Board" (Press release). Marketwired. July 21, 2009.
  2. ^ Moran, Susan (September 1999). "The Enabler". Business 2.0. Archived from the original on 2012-03-31. Retrieved 2018-04-02.
  3. ^ "Daniel Aegerter – Milliardär mit 30 Jahren". A-N. March 13, 2014.
  4. ^ "Ariba buys Tradex for $1.9B". CNNMoney. December 16, 1999.
  5. ^ "Nutmeg: Es regnet Geld auf Daniel Aegerter". finews.ch. 23 September 2021. Retrieved 28 September 2023.
  6. ^ "euNetworks Appoints Daniel Aegerter and Kai-Uwe Ricke to Board of Directors". eunetworks.com. 12 April 2010. Retrieved 28 September 2023.
  7. ^ "'COP26 posturing' ends with Tories set to green-light six oil and gas fields". thenational.scot. 8 February 2022. Retrieved 28 September 2023.
  8. ^ Rebecca Ponzio (8 July 2019). "The heat is on for the Zürich Championship Medium Goal!". Polo+10. Retrieved 4 May 2021.
  9. ^ James Temple (24 February 2017). "Nuclear Energy Startup Transatomic Backtracks on Key Promises". MIT Technology Review. Retrieved 6 May 2021.
  10. ^ Armada "about Armada" and portfolio, accessed April 30, 2024
  11. ^ Steve O'Hear (3 January 2017). "Flytrex lands $3M to make drone delivery a thing". TechCrunch. Retrieved 12 May 2021.
  12. ^ Mike Butcher (3 April 2020). "Germany's Xpension pension platform raises €25M in a Series C growth round". TechCrunch. Retrieved 17 May 2021.
  13. ^ "Lykke Says Nearing Swiss Regulatory Nod". finews.com. 26 October 2020. Retrieved 20 May 2021.
  14. ^ Kimberly Nordyke, Hilary Lewis (14 September 2020). "Creative Arts Emmys: Complete Winners List". The Hollywood Reporter. Retrieved 20 May 2021.