Basel – qipp AG has been granted a loan guarantee by the Technology Fund, which is run by the Swiss Federal Office for the Environment. The fund was convinced by qipp’s sustainable and digital solutions for the real estate industry.
qipp AG developed an intelligent platform that enables digital communication among property owners, property managers and tenants. Users can install digital services using micro-apps to increase efficiency and sustainability in buildings, such as an energy monitoring system.
The innovative Basel start-up has now been granted a loan guarantee from the Technology Fund of the Federal Office for the Environment (FOEN) for its sustainable and digital software solutions for the real estate industry.
“The product enables integration of existing smart home solutions and includes energy monitoring as well,” Simone Riedel Riley, managing director of the Technology Fund, said in a statement. “In the future, the software can easily be extended by further micro-apps that support the reduction of greenhouse gas emissions.”
qipp AG plans to use the money to implement its growth plans. “We experience high demand all over Europe, in particular from asset managers,” said Marc Beerman, qipp CEO. “The Technology Fund provides us with the necessary backing for fast Europe-wide scaling.”
qipp AG was founded in 2013 as a spin-off of the Federal Institute of Technology (ETH) in Zurich. The company’s platform is based on concepts and technologies developed at the renowned AutoID Lab at the ETH. qipp was awarded the CTI Start-up Label in February 2016.