TwingTec announces the closing of a financing round in December. Current investors and new angel investors have contributed. After successful demonstration of autonomous power production earlier this year, the equity will allow the optimization of the power production of their novel wind energy technology. To this end, TwingTec gets support from ETH, EPFL, Empa, FHNW and ZHAW. The teams join forces in a new CTI project which will start January 1st 2016. CEO Rolf Luchsinger adds: “I am very happy that this financing round was closed before Christmas. Everything is now lined up for next year. We have demonstrated the key technical challenges during 2015. Now it’s the time to optimize the system and set up the stage for the first full scale pilot project. With our excellent partners we are in a perfect position to achieve our goals.”
