Basel-based energy provider acquires Sympheny stake
A large number of factors come into play when planning the energy use of individual buildings or entire developments. In order to identify and evaluate the various energy solutions, the Dübendorf-based startup Sympheny has developed energy planning software. Using algorithms, a digital twin of the energy system and now also GIS data, the software can simulate the local production, storage and consumption of energy.
The Empa spin-off was founded in 2020 by four co-founders Andrew Bollinger, Matthias Sulzer, Boran Morvaj and Julien Marquant. They combine the knowledge of data science, simulation and energy planning. Sympheny's software has already been used in over 20 major planning projects. Customers include energy suppliers and general contractors from all over Switzerland.
Now, Industrielle Werke Basel (IWB) has announced its investment in the CleanTech startup. IWB is taking over 30 percent of the shares. The fresh capital will be used in particular to further develop the energy planning software.