CARU successfully closes CHF 3 million financing round

01.07.2020 16:55, Gianmaria Sbetta

Zurich-based startup CARU has announced the closing of a CHF 3 million financing round to further expand the B2C business.

CARU, which ranked at the TOP 100 Swiss Startups Award in 2018, makes devices that monitor the air-quality and temperature of rooms, can warn users about anomalies, and suggest improvements to make rooms healthier. The sensors are voice activated and may be used in an emergency to connect a user with carers or medical services.

The current global pandemic underlines the urgency of rethinking the future of our aging society. Investment in AgeTech solutions provides the opportunity to transform many of the associated key challenges into opportunities. Private investors have again confirmed their trust in CARU and invested more than CHF 3 million in equity. The funding will help CARU to drive the B2C launch forward.

Despite the current situation, CARU was also able to attract new investors. "The positive response in the B2B market over the last 2 years, the fast development cycles, and the determined early B2C introduction this spring have confirmed my decision: CARU will have a positive, sustainable and scalable impact on our aging society." Erich Mosset, co-owner and board member of RONDA and investor in CARU.