The FIT grants CHF 400’000 in total to 4 innovative western Switzerland projects
Lymphatica, Hempfy, Medusoil and Windshape are the four latest winners of the Foundation for Technological Innovation (FIT) seed loan. Each startup receives CHF 100’000 to further develop their business.
Lymphatica Medtech: An implantable medical device to treat lymphedema
The CHUV and EPFL spin-off is looking into how to slow or reverse the progression of the lymphedema disease. This led to the development of their solution, LymphoDrain, a micropump designed to be implanted just under the skin to remove fluid from the affected limbs. The solution is tackling a multi-billion market and will allow patients to regain their normal lifestyle.
Lymphatica will use the FIT loan to prepare the first-in-man clinical trial, a crucial milestone in the startup’s roadmap.
Marco Pisano, CEO
Tél. 076 776 54 72
Email : firstname.lastname@example.org
Hempfy : Fresh cannabis in a bottle
The company (and brand) Hempfy develops the first cannabis functional drinks for the Swiss market. The technology lies in a unique extraction method, which allows Hempfy to produce drinks from natural grown cannabis with a higher concentration of the plant.
Hempfy’s objective is to become a technology provider in the industry of cannabis F&B. As such, Hempfy can help partners develop new products as well as new market trends.
The 100’000 FIT loan will be used in R&D for product development as well as strengthening their next financing round with new investors.
Constantine Marakhov, CEO
Tél. 021 543 29 39
Email : email@example.com
Medusoil: Rapid, environmentally-friendly ground stabilization that lasts
The EPFL spin-off Medusoil applies the world’s first ground bio-stabilization technology to mainstream construction problems. The company provides construction firms with solid foundation earth to secure stability of infrastructures against threats such as soil erosion, landslides and earthquakes. Born “in the lab”, Medusoil’s technology is inspired from nature and brought to the scale of real construction projects to provide with solutions which combine elements of economic efficiency, technical innovation and environmental responsibility. The support from FIT shall now help Medusoil to build its own on-site operations unit.
Medusoil will be presenting its technology and entrepreneurial story at the next Startupticker brunch in Lausanne on January 30, 2019.
Dimitrios Terzis, CEO
Tél. 079 174 12 47
Email : firstname.lastname@example.org
WindShape : Drone testing made simpler
Today, drones face a critical problem: how to evaluate their behavior in flight in case of bad weather, such as a strong wind?
Windshape has it all: the Geneva based startup developed the first solution that recreates in a laboratory all wind and weather conditions in order to test drones in real flight conditions. The resulting data can improve and help understand all the flight characteristics of a drone for a safer journey.
The support from the FIT will help Windshape hire a software engineer in order to develop its product further and acquire new customers.
Guillaume Catry, CEO
Email : email@example.com