Technology Fund vaults past 500 Application Milestone

The Technology Fund is simple: offer loan guarantees of up to CHF 3 million for small companies that are contributing to the climate battle. The firms must provide a technological innovation that is already in-market and generating revenue, and must be based in Switzerland. They must show that what they do can tangibly lower emissions—often by replacing a polluting process with something cleaner. Highlights of our 111 company-strong portfolio include firms that make:

Machines

that sort seeds for farmers—helping them pick the best-yielding crops and

reducing their carbon footprint

Devices

that regulate the temperature of pharmaceutical products—helping drug

makers prevent wasted energy in shipping and storage

Systems

that optimize the use of personalized clean transportation like electric

cars, e-scooters and e-bikes

As of the end of 2020, companies supported by the Fund had avoided 4 million tons of carbon dioxide equivalent that would otherwise have ended up in the atmosphere—equal to over 10 billion miles driven by a typical passenger vehicle. “As part of the Swiss government’s goal to reduce domestic greenhouse gas emissions by 50% compared with 1990 levels by 2030, the Technology Fund is a major source of pride for Emerald,” said managing partner Gina Domanig. “Leveraging Emerald’s expertise in next-generation technologies and deep knowledge of startup culture, the Fund is making a real difference in Switzerland’s prospects as a global green leader.”