Smart Home Technology moves to top gear

Smart Home Technology’s solution reduces the standby power of electronic devices to zero. In the last weeks, the ETH Zurich spin-off has won several awards and was selected for a number of accelerator programs.

Standby power can consume up to 25% of the total electricity of a household. The solution of Smart Home Technology is a patent-pending power supply, which will be installed inside appliances during production process. This technology reduces the standby power to zero. Moreover, it increases energy efficiency up to 3000 times and helps a household to save 130 kg CO2 and 200 CHF every year. Based on the projections of the start-up, potential orders in Switzerland alone will be at least 22 million devices.

Last weekend Smart Home technology has won the national finals of Climate Launchpad. Climate-KIC’s ClimateLaunchpad is the world’s largest cleantech business idea competition offering training, coaching, and support with partners in 30+ countries. The European Finals of the program take place in Tallin in October. Smart Home Technology will represent Switzerland. The jury will judge the finalists on criteria including feasibility, scalability, job creation, climate impact and quality of their pitch. ClimateLaunchpad selects the ten best teams to join Climate-KIC’s prestigious Accelerator Programme. The top three ClimateLaunchpad winners receive cash prizes.

Smart Home Technology was also selected as one of the finalists of the ImpactHub Fellowship Cleantech-Energy. The winner will be selected on 7 September 2016. The Fellowship is a 12 month incubation program which awards the most creative and innovative business ideas in the area of Energy and Cleantech. 20+ teams have submitted an application. 6 have been invited for a first Jury which chose the two finalists Dokspot and Smart Home Technology. The two teams will face another jury on September 6 that will decide who will win the race.

In addition Smart Home Technology was selected for a number of other awards and programs. See the links to our other articles mentioning the start-up on the right of this text.