Zippsafe locks up CHF 1.1m investment
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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.
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.
