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The three startups have received financial support from the Foundation for technological innovation (FIT). With CHF 500’000, Artiria Medical will pursue the clinical trials of its medical device for strokes; Planny will use the CHF 400’000 to work towards increasing the sales of its automated workforce scheduling systems; and Algorized benefits from CHF 100’000 to refine its sensing and perception technology.
Planny, with its automated workforce scheduling platform, has been granted a CHF 400,000 Tech Growth Loan. Addressing the urgent need for improved workforce engagement in mission-critical sectors, Planny's solution integrates all rules and preferences - collective, legal, and individual - to propose fair and optimal schedules quasi-instantly. This funding will bolster Planny's sales efforts and product-market fit assessment, supporting their vision to inspire and engage employees on an unprecedented scale through a feedback loop system. With a focus on healthcare and other critical sectors, Planny is poised to transform workforce management with its innovative AI platform.
Algorized receives CHF 100,000 for its advanced detection technology
Algorized, a pioneer in scalable sensing and perception technology, has been awarded a CHF 100,000 Tech Seed loan. The company fundamentally transform sensors manufacturing industry by bringing sensing and perception AI software on chip. By leveraging Ultra-Wideband sensor technology, the innovative software is used for in-door navigation, capable of detecting human presence, understanding if it is an adult or a child and capturing vital signs even through walls. This funding will enable Algorized to expand its team with of senior engineers and to accelerate the development of its software to its customers. Algorized's technology promises to enhance safety and health monitoring across automotive and consumer electronics, making it a crucial advancement in embedded sensing solutions.
More about Artiria Medical in a seperate article about their funding round.
(Press release)
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