Technology fund’s portfolio grows further

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18.08.2022
Renovatec's electric lawnmower

Ten new cleantech startups have received loan guarantees from Technology Fund. The startups develop sustainable solutions ranging from recycling materials, software and devices to plant-based meat and logistics pallets.

Technology Fund supports startups developing solutions to reduce greenhouse gas emissions, enable the efficient use of electric energy, promote renewable energy sources, and converse natural resources. It offers loan guarantees of up to CHF 3 million for startups to access favourable loan capital.

The Technology Fund has issued loan guarantees amounting to CHF 214 million, with CHF 350 million still available. Its portfolio currently includes 124 companies that have enabled an average of around 19'700 tCO2eq to be saved in 2021. New startups have also received financial support to facilitate a greener environment.

Newest startups in the Technology Fund portfolio

3rd-eyes analytics AG – the Swiss Wealthtech and Insurtech offers modular solutions that improve, automate, and visualise wealth planning. The solutions incorporate climate change scenarios while optimisations against investment or insurance products maximise goal achievement.

Axino Solutions AG – provides food retailers with a unique solution that combines advanced sensor technology with patented AI algorithms to pro-actively monitor and predict the core temperature compliance of each refrigerated food category in retail stores.

Equippo AG – provides a marketplace for used construction equipment. It also uses different technologies to enable complex international transactions, such as a final price calculator for worldwide high and heavy shipments and AI-driven price evaluations.

iNovitas AG – provides 3D street-level imagery for roads and rails enabling the use of intelligent apps and software applications to solve infrastructure-related issues. The solution enables infrastructure operators to reduce CO2 by up to 30%.

onCyt Microbiology AG – developed a device that monitors water quality continuously and in real-time. The technology has successfully been applied for laboratory and field studies for more than three years across different scientific fields in eight countries.

Planted Foods AG – develops plant-based meat alternatives providing sufficient protein to help eradicate traditional animal meat production systems, which are disastrous for the environment. Its products include planted.Chicken, pulled, kebab and schnitzel are available in six European countries.

Ponera Group Sàrl – developed a unique logistic solution based on an innovative design of pallets’ system, which decreases packing costs by minimising transport inefficiencies.

Ronovatec AG – developed RoviMo, a fully electronic, multifunctional equipment carrier designed to independently manage green spaces such as sports fields, leisure spaces and public green areas.

Tide Ocean AG – reuses ocean-bound plastic to produce premium raw materials for sustainable products. It delivers the materials as granules for plastic injection, yarn for textile applications, and filament for 3D printing for a wide range of products.

Urban Sympheny AG – provides software to optimize energy supply solutions for buildings. It allows energy planners to find the best design for their energy systems from over 1000 options provided in the solution.

(RAN)

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