Neology has been awarded the Tech Seed loans of CHF 100,000 by the Foundation for Technological Innovation (FIT), to boost to the next level in our technological development.
With the CHF 100’000 Tech Seed loan from FIT, we plan to integrate our AHGS device on a hydrogen-powered road vehicle and a boat, to demonstrate its ability to power vehicles with fluctuating demand.
ABOUT Fondation FIT
The Foundation for Technological Innovation (FIT) has been helping startups since 1994. It encourages entrepreneurship, supports innovation and bolsters the local economy by providing appropriate financial assistance.
FIT is a non-profit organisation that encourages entrepreneurship, supports innovation and contributes to boosting the local economy by granting loans and grants to young companies. The funding is aimed at start-ups in Vaud and French-speaking Switzerland, innovating either through their technological content or their business model. In order to complete all of the criteria, projects must in some cases be attached to a university in the canton of Vaud (HES, EPFL, Unil, HEIG-VD…).
FIT supports projects in energy & environment, information & digital technologies, life sciences & health, precision industries, and nutrition & agri-food.
Find out more here: https://www.fondation-fit.ch/en/