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This presentation contains advertisement for financial instruments according to Art. 68 Swiss Federal Financial Services Act.


This presentation is issued in respect of Avicella Capital, a prospective Special Purpose Vehicle for the only purpose of giving information in relation to the activity of the fund . Please give note that Avicella Capital is not founded yet and all information pertaining thereto is based on plans, which are subject to change. The information contained in this document is confidential and for general information purposes only and intended only for a limited number of recipients and should not be considered as recommendation or investment advice. If you are not an intended recipient of this presentation you should not read, copy, distribute or take any further action in reliance on it. Being the intended recipient of this presentation, please do not copy or distribute it to third parties. This document does not constitute an offer or an invitation by or on behalf of Avicella Capital to any person to buy or sell any security in this fund. Such an offer or solicitation may only be made by delivery of the final private placement memorandum and the final limited partnership agreement.


Any information contained in this document is issued by and the opinions expressed are those of Avicella Capital as of the date of writing and are subject to change. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable, but Avicella Capital does not make any representation as to their accuracy or completeness and does not accept liability for any direct or indirect damages arising from the use hereof. The terms of the product described in this document are indicative only.


Avicella Capital reserves the right to remedy any shortcomings which may be present in this document. The final terms of the fund will be set forth in the relevant offering documents.
The distribution of the presentation may in certain jurisdictions be restricted and, accordingly, persons into whose possessions this presentation comes are required to inform themselves about such restrictions.


Venture capital fund investments as presented in this documentation entail substantial risks, including potentially the risk of loss of one’s entire investment and is appropriate only for Qualified Investors understanding the risks involved. Before considering to enter any transaction, you should contemplate the suitability of a venture capital investment fund product with regards to your particular circumstances and independently review (with your professional advisors as necessary) the specific financial risks as well as legal, regulatory, credit, tax and accounting consequences. No investment should be made before having read very carefully the final fund prospectus, as well as the final fund regulations.


This document is a personal copy addressed to you as Qualified Investor. This document may not be reproduced either in whole, or in part, and may not be passed to third parties without the written consent of Avicella Capital. By accepting this handout or any of its pages you understand, accept and agree to the terms set out above.

A legal disclaimer

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