Gilytics closes CHF1M Seed financing round to optimize energy infrastructure
17.12.2020
Gilytics, optimizing energy and transportation infrastructure projects with game-changing spatial data cloud software solution, raises CHF1M in Seed investment. The round was led by High-Tech Gründerfonds and Swiss Startup Group.
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Gilytics Pathfinder Software is a Geographic Information System (GIS) cloud platform used for overhead line and underground cable connections, identifying routes with the lowest cost or least overall impact on the public and the environment. The solution helps clients to automate infrastructure routing, monitoring, and management with big data and an algorithm, improving design, visualization, and communication, replacing manual paper processes. Users can quickly analyze detailed scenarios in just a few clicks with realistic 2D, 3D, and AR visualization. Greenfield and brownfield projects and linear infrastructure including powerlines, cable, pipe, rail, roads, renewables, telecom, and offshore projects can be delivered faster using the software and related data services throughout the project process.
The round was led by the High-Tech Gründerfonds and Swiss Startup Group, followed by the Zürcher Kantonalbankand and angel investors also participating. Gilytics plans to use the funds to further develop features to support construction monitoring and operations for solar and wind projects among other use cases, while also expanding their distribution network.
Gilytics has been supported by Venture Kick and Venture Leaders South Africa.
The round was led by the High-Tech Gründerfonds and Swiss Startup Group, followed by the Zürcher Kantonalbankand and angel investors also participating. Gilytics plans to use the funds to further develop features to support construction monitoring and operations for solar and wind projects among other use cases, while also expanding their distribution network.
Gilytics has been supported by Venture Kick and Venture Leaders South Africa.