10.05.2024 | Sustainability | Reading-time: 2 min

Cowa Thermal Solutions closes financing round

Root - Cowa Thermal Solutions AG has successfully completed its second investment round. Due to high demand, the startup company from the canton of Lucerne has granted additional investors a capital band. The company specializes in sustainable storage solutions.

Cowa Thermal Solutions AG has received funding from existing private investors and attracted new private investors. The spin-off from Lucerne University of Applied Sciences and Arts that specializes in sustainable storage solutions has thereby successfully completed its second round of investment, according to a post from Cowa Thermal Solutions on LinkedIn. «The financing enables us to realize our next technological steps, expand production capacities and consolidate sales channels», writes the startup company, which was founded in 2019 and is based in Technopark Lucerne.

The post does not reveal how much the financing round raised. However, thanks to high demand in the regular investment round, Cowa Thermal Solutions intends to set up a capital band for further investors. Anyone interested is invited to contact Simon Maranda (Fundraising and Sales) or Jan Allemann (Sales and Marketing) at Cowa Thermal Solutions by summer 2024.