4 life sciences projects supported by the FIF
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Four Geneva-based technology projects have won funding from the Fongit Innovation Fund (FIF) for their innovations. A seed loan of CHF 100,000 has been granted to Carrat Sàrl. Three grants of CHF 50,000 have been awarded to each of the following: iSleep, LaxiPed and Pneumoscope.
Seed loan of CHF 100,000 awarded to Carrat Sàrl
Geneva-based startup Carrat Sàrl has been granted a convertible FIF seed loan of CHF 100,000 for their innovative bracelets designed to give the user peace of mind. Technology hidden within the design allows wearers to immediately call an emergency contact and share their location by a simple tap.
Grant of CHF 50,000 awarded to iSleep
A spinoff of the Geneva University Hospital (HUG) and the University of Geneva (UNIGE), iSleep is developing an innovative device for monitoring brain activity during anesthesia and sleep.
Grant of CHF 50,000 awarded to LaxiPed
This innovative biomedical engineering project from the Haute école du paysage, d’ingénierie et d’architecture de Genève (HEPIA) improves patient diagnosis in orthopedics. LaxiPed is a prototype that measures relative dorsal mobility of the first ray, helping diagnose and determine treatment for numerous foot pathologies. The project has also received significant grants from Innosuisse.
Grant of CHF 50,000 awarded to Pneumoscope
Developed by researchers from the HUG in collaboration with HEPIA, this smart stethoscope is a low-cost and non-invasive device that enables nonmedical professionals to accurately diagnose respiratory diseases thanks to artificial intelligence. Clinical studies are currently underway in 10 countries over three continents.
About the FIF
The FIF supports innovative technological startups, scale-ups, and small and medium enterprises (SMEs) at different stages of their journey with three types of financing options: the FIF Grant (up to CHF 50,000), the FIF Seed Loan (up to CHF 100,000) and the FIF Growth Loan (up to CHF 400,000). Next call for application: 10 January 2024.
Source: FONGIT
📸 Özge Yüzgeç, PhD; CEO of iSleep