MeduSoil secures fresh funding to propel sustainable construction forward
12 February 2024
MeduSoil, an EPFL spin-off specializing in groundbreaking biomineral-based binder products for the construction industry, has secured a new round of financing to accelerate its growth and enhance its operations in Switzerland and Europe.
Located at the EPFL Innovation Park, MeduSoil specializes in developing eco-friendly construction materials that challenge traditional methods by avoiding chemical synthesis or mined raw materials for binders. The company’s patented technology aims to improve the stability of foundations, support ground structures, and mitigate the risk of ground liquefaction in seismic areas. This technology has undergone rigorous stress-testing and validation across various urban and natural settings.
MeduSoil’s approach not only serves the international market but also aligns closely with global efforts to reduce carbon emissions, offering solutions that do not compromise on structural integrity. The company’s expertise spans earthworks, special foundations, and protective measures against natural hazards, enhancing the resilience of the built environment.
The recent financing round, aimed at bolstering MeduSoil’s production and sales operations, positions the start-up to extend its reach across Switzerland and Europe further. This expansion will allow more customers to benefit from MeduSoil’s smart binder products, contributing to the wider adoption of sustainable construction practices.
The funding mix includes contributions from existing investors, a grant from Innosuisse under the Startup Innovation Project (SIP), and a loan guarantee from the Technology Fund. These financial instruments facilitated MeduSoil in securing debt capital, bringing the total capital raised by the company to CHF 5.2 million.