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U

UBS

Corporate

UBS is a global wealth manager and universal bank in Switzerland that also offers diversified asset management and investment banking capabilities.

Portfolio

4

companies

AUM

£6100000M

under management


Portfolio companies

Synthesized

Synthesized

Synthesized automates test data and infrastructure for enterprise software quality assurance.

Fnality

Fnality

Fnality operates regulated wholesale payment systems using distributed ledger technology.

Icon Solutions

Icon Solutions

Icon Solutions provides payment systems and infrastructure technology for global banks.

Carbonplace

Carbonplace

Carbonplace provides a carbon credit transaction network connecting buyers and sellers through banks.


Team

PB

Pieter Brouwer

Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International


Recent investments

Series A
£14.9M

Redalpine led the Series A round to support team expansion and the rollout of new capabilities.

"Synthesized is tackling one of the most urgent and overlooked challenges in the age of AI: how to test, validate, and trust what we build. Their platform doesn’t just generate high-quality test data – it lays the foundation for a new class of autonomous QA agents that will transform how modern software is verified and shipped. We believe Synthesized can become the infrastructure layer for intelligent, automated quality assurance across regulated and mission-critical systems."
— Daniel Graf, General Partner
Series C
£99.7M

The capital raise was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb to support the expansion of its global settlement network.

"The closing of our Series C reflects a shared conviction that the future of money demands a new foundation, one with Fnality at its core. Our blockchain-based settlement systems, anchored in the credit quality of central bank money, connect traditional finance with the fast adoption of tokenized and decentralized markets. With 24/7 payment rails, real-time settlement, and enhanced liquidity management, we’re not just modernizing wholesale payments, we’re building a future that fuses Decentralized Finance’s operational optimization with Traditional Finance’s capital efficiency. This investment accelerates our journey toward a financial market infrastructure that is more resilient, more inclusive, and ready for the hybrid future of global finance."
— Michelle Neal, CEO of Fnality International
Other
£0

UBS led the funding round to support the development of the Icon Payments Framework.

"This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing."
— Pieter Brouwer, Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International
Seed
£37.2M

The funding comes from nine founder banks to support platform scaling and team expansion.

"With Carbonplace, we are transforming the way that carbon credits are bought, distributed, held and retired. I am excited to take this company to the next level of its evolution, and to help unlock its massive potential to drive significant economic and social value by opening the carbon markets up to the world."
— Scott Eaton, CEO