Fongit is a startup incubator and accelerator located in Geneva, Switzerland, established in 1991. The organization focuses on supporting high-tech ventures, including startups, scale-ups, and small to medium-sized enterprises (SMEs) that are experiencing rapid growth. Fongit collaborates with local research institutions, universities, and higher education establishments to foster innovation, particularly in the fields of information and communications technology (ICT), engineering, and life sciences. The incubator is committed to advancing technological innovations that align with Sustainable Development Goals, thereby promoting a sustainable future through entrepreneurial efforts.
FireFly Fusion is pioneering the development of standard tokamaks, which open the path for fusion energy.
Transmutex
Series A in 2024
Transmutex is a Swiss company founded in 2019 that specializes in advanced nuclear technology aimed at significantly reducing the stockpile of existing nuclear waste. The company utilizes particle accelerators to transmute long-lived nuclear waste, transforming it into less harmful materials while simultaneously generating carbon-free energy. This innovative approach offers a solution to the challenges faced by traditional nuclear power plants, allowing for scalable energy production that can either be reintegrated into the energy grid or utilized for green hydrogen production. The team at Transmutex comprises physicists, computer scientists, and environmentalists, and builds upon technologies previously tested at CERN and the Paul Scherrer Institute.
Transmutex
Debt Financing in 2022
Transmutex is a Swiss company founded in 2019 that specializes in advanced nuclear technology aimed at significantly reducing the stockpile of existing nuclear waste. The company utilizes particle accelerators to transmute long-lived nuclear waste, transforming it into less harmful materials while simultaneously generating carbon-free energy. This innovative approach offers a solution to the challenges faced by traditional nuclear power plants, allowing for scalable energy production that can either be reintegrated into the energy grid or utilized for green hydrogen production. The team at Transmutex comprises physicists, computer scientists, and environmentalists, and builds upon technologies previously tested at CERN and the Paul Scherrer Institute.
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