Enerdrape secures CHF 1.3 Million in Seed funding to advance geothermal panel technology

11.01.2024 08:40, Rita Longobardi

The Swiss-based startup, renowned for its innovative prefabricated geothermal panel technology, announced the triumphant conclusion of the funding round, set to accelerate the development and commercialization of Enerdrape's technology.

The additional capital injection is earmarked to fortify Enerdrape's product development efforts and contribute to strategic enhancements within the existing team. This funding milestone propels the company's total fundraising past CHF 2 million, following a successful 2022, during which Enerdrape secured CHF 500’000 in support from respected organizations such as the Swiss Climate Foundation and Fondation pour l’Innovation et la Technologie (FIT), and accolades through the >>Venture>> and PERL awards, further solidifying its position as this industry leader.

Today, companies like Après-demain and their initiative GenerRActions Planet and Romande Energie are investing in Enerdrape, convinced of the product's relevance. Enerdrape's journey began in 2019, gaining early recognition as one of the TOP 3 winners at Climate Launchpad 2019. Subsequent years saw the startup as a grantee of Bridge PoC, Venture Kick Stage III winner, Venture Leaders Cleantech 2022 participant, and Hello Tomorrow deep tech pioneer, affirming the co-founders' work in advancing sustainable solutions.

In 2023, Enerdrape's innovative geothermal panels were labelled from Solar Impulse. The company set the the groundwork for its industrial production deployed its first large-scale project in Renens and was ranked among the TOP 100 Swiss Startups.

"It was a pleasure and very constructive to be surrounded by like-minded entrepreneurs and have the opportunity to share the vision of our company with impact-driven partners and investors," commented Margaux Peltier, CEO and Co-founder of Enerdrape, regarding the Venture Leaders program.


Enerdrape's team: Lyesse Laloui (Co-founder), Anaëlle Burnand (Marketing & Communication Manager), Terence Van Thuyne (Junior Business Developer Sales), Margaux Peltier (CEO & Co-founder), Adrien Notzon (R&D Engineer), and Alessandro Rotta Loria (CTO & Co-founder)