Tag: Dämmstoffe

  • Capital secured for industrial scaling

    Capital secured for industrial scaling

    FenX has successfully completed a Series A financing round, raising 8.2 million Swiss francs. The round was led by the venture capital companies Supernova Invest from Paris and Move Energy from Amsterdam. Other investors included Çimsa, the Turkish cement producer and strategic partner of FenX, Zürcher Kantonalbank, the two Swiss venture capital firms 4see Ventures from Chêne-Bougeries GE and buildify.earth from Risch ZG and several family offices from Switzerland and France.

    “This investment is an important milestone on our path to decarbonising the construction industry,” said FenX co-founder and CEO Etienne Jeoffroy in a press release issued by his company. “With this funding, we are ready to fully validate our technology.”

    The spin-off from the Swiss Federal Institute of Technology in Zurich, which was founded in 2019, will reportedly use the fresh capital to industrialise its mineral foam technology, accelerate strategic partnerships and launch new product lines on the market. To this end, FenX is pursuing a low-capital model: customers from the building insulation industry acquire a licence for FenX technology and in return receive FenX foam additives tailored to their mineral raw materials. For production, it uses production equipment developed in collaboration with MASA WhiteHub, FenX’s German mechanical engineering partner. The licence holder is responsible for marketing the product.

    Çimsa, FenX’s first customer, is currently building its first industrial production line for mineral insulation boards based on FenX technology in Spain. The plant is scheduled to start operations at the end of 2025. “The low-capital business model gives the company a unique advantage for rapid scaling,” said Investment Director Marine Glon from Supernova Invest.

  • Swisspor is building in Reiden

    Swisspor is building in Reiden

    Swisspor wants to set up a production plant for mineral insulating materials and a service center in Reiden Mehlsecken. The internationally active company based in Stans has secured the area of 200,000 square meters designated by the canton of Lucerne as a strategic work area, according to the Lucerne State Chancellery in a press release . The establishment of a building and environmental technology cluster planned by swisspor is supported by the canton of Lucerne and the municipality of Reiden .

    swisspor will use 145,000 square meters of the total area of the site for its own facilities. The remaining area is reserved for research institutions and other companies active in the field of building and environmental technology. The Lucerne University of Applied Sciences and Arts wants to expand its existing cooperation with swisspor in Reiden Mehlsecken.

    In addition, other industry-related companies and research partners are to be recruited. The coordination for this was taken over by the Switzerland Innovation Park Central , according to the statement. The Federal Materials Testing and Research Institute ( Empa ) was also addressed.

    “We support the creation of a building and environmental technology cluster with swisspor and the Lucerne University of Applied Sciences and Arts,” government councilor Fabian Peter is quoted as saying in the statement. The head of the construction, environment and economic department sees a double opportunity for the region and canton: “On the one hand, jobs, innovation and value creation are created and on the other hand, the cluster makes a contribution to achieving our climate goals”.