Cortexia Secures Funding to Expand Environmental Tech

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Cortexia Secures Funding to Expand Environmental Tech

Posted by: Baris Karapinar
Category: ESG News

Cortexia, a company based in Fribourg specializing in AI and environmental solutions, has successfully secured CHF 2.35 million in funding to support its global expansion efforts and explore new areas of application.

Cortexia is well-known for its AI-driven environmental solutions, especially in managing urban cleanliness. Their technology has already shown its effectiveness in cities like Basel, Geneva, and Frankfurt, with clients such as Veolia and Suez. The company’s platform not only improves the quality of cleaning services but also reduces resource consumption and environmental impact significantly.

The recent investment round demonstrates strong investor confidence in Cortexia’s business model and growth potential, according to CEO Andréas von Kaenel. Johannes Schön from Remondis Digital Services praised Cortexia’s valuable contribution to essential environmental services. Bloomhaus and Spicehaus Partners bring their expertise in expanding B2B industrial software companies, recognizing Cortexia’s unique software-hardware integration. Kurrant Ventures, specializing in city digitalization, sees Cortexia as a trailblazer in smart city solutions.

Cortexia’s achievements include receiving funding from Innosuisse for a bio-waste recycling solution and leading the “Alliance for the Improvement of the Quality of Biowaste” in Switzerland. The company is now expanding its presence in Europe, with a focus on France, Germany, and the Benelux region. With strategic investments and innovative approaches, Cortexia is poised for substantial growth in sustainable urban management, addressing critical environmental challenges.

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