Technology Fund
Bellerivestrasse 241, Zürich, Zurich, 8008, Switzerland
Overview
Technology Fund provides loans to Swiss companies whose innovative products enable a sustainable reduction in greenhouse gas emissions.
- Total investments
- 11
- Lead investments
- 4
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
Investment portfolio
- MeduSoil
Led · Seed · Feb 2024
MeduSoil, founded in 2020 and based in Lausanne, develops sustainable construction solutions centred on biomineral-based binder products. The company uses biosynthesis to replace chemically synthesised or mined binders, aiming to help clients approach net-zero carbon emissions without sacrificing structural performance. MeduSoil applies its materials across earthworks, special foundations, and protective measures to improve resilience against natural hazards. The newly secured funding will support expansion in production and sales and a push into the Swiss and broader European markets. CEO and co-founder Dr. Dimitrios Terzis described the Technology Fund’s participation as a strong endorsement of the company’s vision and innovation. MeduSoil developed a novel, containerized technology enabling bio-cementation for construction and geo-environmental works. The system mineralizes carbon underground and aims to reduce CO2 emissions in otherwise energy-intensive construction processes. It is positioned to safeguard built assets against natural hazards and enable sustainable land development on solid foundations. The startup says incumbent solutions based on cement and petroleum derivatives fail in its target niche. MeduSoil is ready to ramp up production and grow operations, focusing on commercialization and market expansion. The company has previously been supported by Venture Kick in 2018 and participated in AIT India in 2016.
- LEDCity
Led · Convertible Note · May 2023
LEDCity develops an intelligent lighting system that uses smart algorithms and sensors to reduce energy consumption by 50–70% compared with modern sensor-controlled LED lighting. The Zurich-based cleantech startup has built a portfolio of more than 380 customers and has been mainly bootstrapped to date. LEDCity has received recognition in industry programs (Venture Leaders Deeptech 2021) and was ranked in the TOP 100 Swiss Startup Awards in 2022. The company plans to use recent financing to further optimize its product, accelerate international expansion (targeting Spain and Germany) and prepare for a forthcoming Series A. CEO and founder Patrik Deuss said the debt capital will enable further investment in solutions and expansion efforts. LEDCity is also nominated in this year’s Green Business Award and aims to scale quickly to capture growth driven by the lighting market, the energy crisis and regulatory tailwinds. LEDCity builds an intelligent lighting solution that uses up to 50 times more sensors per area and AI-optimized algorithms to control light locally, decentralised and continuously. The system adapts lighting intensity automatically and unobtrusively to the environment, aiming to reduce global lighting electricity use by 80 percent. The startup plans continued product development and further algorithm work to drive energy savings and add features. The recent CHF 2 million financing will support international expansion, product development and team growth. LEDCity intends to grow its sales team in western Switzerland and establish its products in Germany. The company evolved from two founders working on the idea in early 2017 and had over 25 employees by 2021.
- Selfrag
Participated · Debt Financing · Mar 2023
Selfrag operates proprietary technology and full-service solutions to recycle incinerated bottom ash, recovering roughly 50% of the volume as metals and minerals and halving landfill volumes. The company is expanding its Waste to Value activities with two planned slag recycling facilities: Centro Uno (35,000 TPA) in Full-Reuenthal and Centro Due (45,000 TPA) in Kerzers. Centro Uno is planned to start production on 17 March 2023. Permitting for Centro Due is underway with local and cantonal support, with construction expected to start in Q4 2023 and production by end-2024. The firm emphasizes environmental benefits including improved recycling and reduced CO2 impact. Management states the funding confirms and will help implement its business plan.
- Flybotix
Participated · Series A · Dec 2022
Flybotix is a Lausanne-based Swiss robotics company that develops drones for industrial inspections. Its core product is drones built for industrial inspection tasks. The company has raised a Series A extension round totaling nearly €8.5M. The financing is reported as a Series A extension; the article does not provide further breakdown of instruments or terms. Participating investors and additional financial details were not disclosed in the coverage. The published story is partially behind a paywall requiring subscription for full access. Flybotix develops the ASIO drone and ASIO pro solution for confined-space industrial inspections, pairing a drone unit with a flight app and post-processing software (ASIO Explore). Its patented technology doubles flight time compared with traditional solutions, enabling faster inspections, cheaper asset shutdowns, and new use cases. The company is further developing ASIO Explore on the cloud as a SaaS offering and is investing in autonomous navigation capabilities for the drone. Flybotix is an EPFL spinoff and a Venture Kick and Venture Leaders alum; it also participated in ESA BIC Switzerland and the Scale-up Bootcamp. The startup was ranked among the TOP 100 Swiss Startups in 2020–2022. Having entered the market with the ASIO drone, Flybotix plans to apply recent funding to R&D and product development.
- Zaphiro Technologies
Participated · Series A · Dec 2022
Zaphiro Technologies develops SynchroGuard, a smart-grid IoT software platform that leverages high-speed, time-synchronized measurements from Phasor Measurement Unit (PMU) devices adapted for distribution grids. The platform uses advanced data analytics to deliver full visibility of energy flows and asset status with a minimal number of measurement points, enabling fault location in seconds and reducing grid operation costs. Zaphiro positions its product to help grid operators manage the impacts of renewables and electric vehicles on distribution-grid stability. The company has already attracted several well-known power-utility customers across Europe, North America, the Middle East, and Asia. The startup plans to commercialize and expand its solution into new geographies and markets while continuing to innovate its technology. Zaphiro was founded in 2017 as a spin-off of EPFL. Zaphiro Technologies is a Swiss start-up founded in 2017 that develops SynchroGuard, a smart-grid solution combining new measurement devices and advanced data-processing algorithms. The product delivers real-time monitoring of grid status, efficient management of electricity flows, and rapid fault location to reduce blackout impacts. Well-recognized utilities including Romande Energie and China Light and Power are testing SynchroGuard and have praised its simple installation at strategic nodes and wide-area visibility. The company is led by CEO and co-founder Dr. Paolo Romano. Zaphiro says the recent financing will be used to accelerate product development and go-to-market activities. The team positions the technology to support utilities in integrating renewables and electric vehicles while maintaining grid stability.
Team
No current team members are available.