SmarterBetterCities AG receives loan guarantee from the Technology Fund

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04.02.2016

SmarterBetterCities AG receives loan guarantee from the Technology Fund for the development and commercialization of its cloud-based 3D-planning and visualization software.

The managing company of the Swiss Technology Fund announces that the Federal Office for the Environment, FOEN granted another loan guarantee to an innovative Swiss SME: SmarterBetterCities AG based in Zurich, for the development and commercialization of its cloud-based 3D-planning and visualization software.

The Technology Fund commenced operations on November 2014. Since then the Fund examined 63 submitted applications, granted eight loan guarantees and issued ten assurances. A result of which the managing company of the Technology Fund is proud of.

SmarterBetterCities AG (SBC) develops and markets a cloud-based software platform for holistic urban planning using information visualization and geo-spatial technologies. Customers are provided with an interactive tool that features dynamic and semantic 3D simulation and an assessment of urban climate, densification, construction materials and associated legal regulations. Anja Kunze, CEO of SmarterBetterCities AG is happy about the support of the Technology Fund: „We plan to further develop our software platform, cloud infrastructure and marketing activities. The loan guarantee granted by the Technology Fund provides us with more financial stability during this capital intensive process.”

Simone Riedel Riley, managing director of the Technology Fund adds: „The software solution is a very useful tool to optimize energy efficiency in urban planning. The software simulates potential consequences of multiple factors such as legal regulations and thereby favorably influences decisions

Innovative SMEs, which are developing and marketing climate friendly technologies, can apply for a loan guarantee of up to CHF 3 million from the Technology Fund. The application form is available online.

About SmarterBetterCities AG 
The ETH Spin-off SmarterBetterCities AG was founded in 2012. The IT company developed a software for holistic urban planning using information visualization and geo-spatial technologies. Customers are provided with an interactive web-based tool for planning, design and marketing of building projects. The product differentiates itself by providing dynamic and semantic 3D city simulations and an assessment of the impact of urban climate, densification, construction materials and associated legal regulations on the balance.

About Technology Fund
The Technology Fund is an instrument of Swiss climate policy implemented by the Federal Office for the Environment, FOEN. The Fund grants loan guarantees to Swiss small and medium-sized enterprises (SME), which are developing, and marketing innovative technologies to reduce greenhouse gas emissions, to use electrical energy more efficiently, to promote renewable energy or to protect the natural resources.

(Press release)

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