Technology Fund expands portfolio

The Technology Fund helps Swiss startups and companies in improving their financing conditions. Every year, the organisation issues loan guarantees to banks and other lenders allowing startups to secure desired capital to support in the development of technologies designed to reduce greenhouse gas emissions, promote the efficient use of electrical and renewable energy and the conservation of natural resources. The fonds does not invest directly in start-ups but issues loan guarantees to banks and other lenders.

There are currently 106 portfolio companies and guarantees have been granted with a total amount of CHF 181 million. With the resources of the Technology Fund being far from exhausted, the financial instrument is ambitious to continue its activities.

The following startups have joined the portfolio so far this year

Archilyse SA – makes architecture and real estate quality digitally and objectively measurable, comparable and understandable for everybody. Based on data analytics, the startup provides qualitative KPIs to empower decisions and optimise processes along the entire real estate value chain.

Cleveron AG – offers a plug-and-play solution that includes a thermostat (CLEVER Thermo), a sensor (CLEVER Sense) and a Webapp, all connected via Cloud. The system uses artificial intelligence to calculate the exact room temperature in every room at all times and to control the radiators. For this purpose, weather data, building characteristics and user behaviour are included in the calculations.

Ecocoach AG – develops efficient solutions for energy management and pioneering battery storage systems. From the individual building to the entire site.

Freesuns Sarl – designs, manufactures and installs affordable and beautiful integrated residential solar roof tiles to maximize the photovoltaic cell coverage for any roof shape or style.

Locatee AG – offers a workspace analytics solution, which leverages the existing wired and wireless networks in place, to enable businesses to make data-driven decisions about their corporate real estate.

ScanTrust SA – provides a connected products platform for companies that sell physical products in an increasingly connected world. Through its patented processes for using QR codes, the company offers brands solutions to help maintain brand integrity, increase traceability in the supply chain among others.

Inyova (Yova) AG – developed a digital platform to allow customers to invest directly in companies that help to solve global problems.

“The rejection of the CO2 Act has no impact on its activities, as the Fund is an open-ended federal funding instrument. We are therefore confident that we will be able to grant guarantees for many years to come. All the more so as the activity of the Technology Fund reduces CO2 emissions and promotes job creation, says Martina Looser, deputy head of the management agency of the Swiss Technology Fund”.

(RAN)