Zippsafe locks up CHF 1.1m investment
18.07.2018
Self-storage provider Zippsafe has raised over a million francs in an oversubscribed financing round, with a new key investor added to the existing shareholders.
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Zippsafe’s space-saving lockers – made of a unique smart fabric, to ensure security while reducing the space required by up to 70%, combined with a networked digital badge system – have already won over customers in Switzerland (including Migros, Swiss International Airlines and the Winterthur and Baden cantonal hospitals) and abroad. The new funding will be used to build a production facility and further the company’s international expansion.
Zippsafe passed the final stage of Venture Kick in 2017. Co-founders Carlo Loderer and David Ballagi said: "Venture Kick's support enabled us to deepen our entrepreneurial skills and put us on the road to this success."
The ETH spin-off’s technical innovations include the fabric itself, which includes an integrated sensor alarm mesh and has the potential for further applications.
Zippsafe passed the final stage of Venture Kick in 2017. Co-founders Carlo Loderer and David Ballagi said: "Venture Kick's support enabled us to deepen our entrepreneurial skills and put us on the road to this success."
The ETH spin-off’s technical innovations include the fabric itself, which includes an integrated sensor alarm mesh and has the potential for further applications.