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Enerdrape secures additional CHF 1.3 million investment

Enerdrape secures additional CHF 1.3 million investment

Summary:

Enerdrape announces the successful conclusion of a CHF 1.3 million seed financing round, marking a significant milestone in the company’s journey as pioneers in introducing the world’s first prefabricated geothermal panel technology. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie played a pivotal role in this seed round, aligning themselves with […]

Enerdrape announces the successful conclusion of a CHF 1.3 million seed financing round, marking a significant milestone in the company’s journey as pioneers in introducing the world’s first prefabricated geothermal panel technology. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie played a pivotal role in this seed round, aligning themselves with enerdrape’s vision for a sustainable future.

Founded by Margaux Peltier, Dr. Alessandro Rotta Loria, and Prof. Lyesse Laloui, enerdrape strategically leverages this fresh capital infusion to expedite the development and commercialization of its groundbreaking geothermal panel technology.

Margaux Peltier, CEO & Co-Founder, expressed her enthusiasm about the additional funding, stating, «This CHF 1.3 million injection is a testament to the confidence our investors place in enerdrape’s mission and potential. It propels the company to scale operations, enhance product offerings, and strengthen the team with new talents. This not only enhances the success of our seed round but also opens doors to the exciting possibilities that lie ahead in our Series A journey. »

The additional capital injection is earmarked to fortify enerdrape’s product development efforts and contribute to strategic enhancements within the existing team. This funding milestone propels the company’s total fundraising past the CHF 2 million, following a successful 2022, during which enerdrape secured CHF 500’000 in support from respected organizations such as the Swiss Climate Foundation and Fondation pour l’Innovation et la Technologie (FIT), and accolades through the >>Venture>> and PERL awards, further solidifying its position as this industry leader.

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Manoj Thacker

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