Adaptricity has received a loan guarantee of CHF 2.5 million from the Swiss Technology Fund. This guarantee, which was granted following a rigorous selection process, will enable us to grow in several markets simultaneously and therefore faster, i.e. to scale our software products for distribution network planning and monitoring.
This gives us a clear strategic advantage in terms of time and competition in a growing market segment. After first major successes in the German-speaking home market, Adaptricity is now aiming for rapid internationalization. For this purpose, important internationally active reference customers such as EON, a large Southern European energy company and China Light & Power (CLP) have already been acquired. Further information in our media release.