Startup Embotech raises CHF 1 million in a seed financing round
Embotech AG, spin-off of the Automatic Control Laboratory, has raised CHF 1 million in a seed financing round. The company develops decision-making software solutions for autonomous systems. The funds will be used to adapt its core technology for automotive applications and to fund go-to-market activities. Lead investors in the round are Swiss business angels and the Zürcher Kantonalbank (ZKB).
external pageEmbotech developed a state-of-the-art numerical optimization software (Forces Pro) that powers complex real-time decision-making engines in a variety of applications in the energy, aerospace and automotive domains. The software promotes new ways of building and designing complex control systems.
More information can be found here: external pagehttps://www.startupticker.ch/en/news/november-2017/embotech-raises-chf-1m
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