EPFL spin-off Vizcab raises 1.75 million francs to market new LCA methodology
The French startup Vizcab – a spin-off of the Ecole polytechnique fédérale de Lausanne (EPFL) has raised 1.75 million francs and will use the injection of capital to ramp up marketing of a building life cycle assessment (LCA) method developed at EPFL Fribourg.
The built environment generates 36% of global greenhouse gases, making the construction industry one of the priority sectors for emissions-reduction efforts. Thomas Jusselme, who defended his PhD thesis at EPFL has devised a new way for engineers to assess a building’s energy efficiency right from the design stage. Jusselme will now market the life cycle assessment (LCA) method through Vizcab, a startup he founded in 2015.
“With this injection of capital, we’ll be able to gain a stronger foothold in France,” says Jusselme, who also serves as Vizcab’s head of innovation. The firm, which markets the method under a license obtained from EPFL in 2017, is planning a series B funding round in 18-24 months’ time as it eyes the wider European market.
Read more here.
Share your comment
You must be logged in to post a comment.