CHF 2M Seed Funding for MeduSoil

Founded in 2018, the Vaud-based deep-tech spin-off of EPFL MeduSoil has developed a novel, containerized technology to enable bio-cementation applications in construction and geo-environmental works. This system safeguards built assets against natural hazards and enables sustainable land development on solid foundations by reducing CO2 emissions in, otherwise, energy-intensive construction works. The startup is ready to ramp up production and grow its operations within an attractive niche market where incumbent solutions based on cement and petroleum derivatives fail to be successful.

The team has now secured a seed investment: A Swiss family Holding, represented by Schwartzkopff Partners AG, Realstone Holding AG and Veloxis AG participated in a CHF 2 Million seed round to fund the company’s growth plans.

 

“We have crystallized years of research on environmentally-friendly carbonate mineralization into a complete, efficient and ready-to-deploy system which disrupts an industry that hasn’t been disrupted in decades. Our focus is now put on accelerating our growth” says Dimitrios Terzis, co-founder of MeduSoil. 

 

Wolfgang Schwartzkopff, from Schwartzkopff Partners, who joins the board of directors, adds: “We have been following MeduSoil for the past months and have been impressed both by the management team, the way they handle challenges and the fast technology transfer achieved. Their work presents an industry-ready solution which solves a real headache in one of the most global and growing markets. We are looking forward to supporting the team in becoming a strong player with market outreach in Europe and elsewhere.”

(Press release / ES)

On the picture: MeduSoil’s team (from left to right): Dr. Dimitrios Terzis (co-founder), Maren Katterbach (CTO) and Dr. Lyesse Laloui (co-founder)