MeduSoil secures 5.2 million Swiss francs
Das Start-up MeduSoil hat in einer Finanzierungsrunde 5,2 Millionen Franken eingeworben. Damit will der Spezialist für Biozementierung seine Produktions- und Vertriebsaktivitäten steigern sowie seine Präsenz in der Schweiz und in Europa ausbauen.
MeduSoil has raised 5.2 million Swiss francs in a post-seed financing round. According to a press release, this round was supported by existing investors.
Founded in 2018, the start-up is a pioneer of innovative and sustainable binders for the building materials sector. They are based on biomineralisation. MeduSoil claims to reduce CO2 emissions by at least 55 per cent. At the same time, structural performance is guaranteed without compromise. Applications include earthworks, special foundations and protective measures that increase the resistance of the built environment to natural hazards.
According to the press release, this financing round represents an important milestone, as MeduSoil has been included in the Technology Fund ‘s portfolio. Dr Dimitrios Terzis, CEO and co-founder of MeduSoil, describes this as “a strong confirmation of our vision and the innovative progress we are making in the field of sustainable construction”.
The start-up has also received funding from the Innosuisse innovation projects programme. With this programme, the Swiss Innovation Agency supports young companies in the realisation of science-based innovation projects with significant innovation potential before they enter the market.