Switchable Solutions
Switchable Solutions - A Clean Technology Company.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
$5.2m | Grant | ||
| Total Funding | 000k | ||
Founded in 2011, Switchable Solutions operated in the environmental services sector, focusing on green chemistry platform technology. The company's primary goal was to address the challenges associated with traditional organic solvents used in industrial processes.
The core of Switchable Solutions' business was a technology platform designed to provide alternatives to conventional solvents for applications such as plastics recycling and seed oil extraction. The company also developed its platform to assist in the recovery of bitumen from oil sands. The business model centered on offering high-value process technologies to clients, aiming to improve their profitability and sustainability.
The company was formerly venture-capital backed, securing an early-stage VC funding round in March 2013 and a grant in September 2013. Based in Kingston, Ontario, Canada, Switchable Solutions targeted clients in the CleanTech, Industrials, and TMT (Technology, Media, and Telecom) verticals. According to market data, the company ceased operations as of September 1, 2018.
Keywords: green chemistry, solvent technology, plastics recycling, seed oil extraction, bitumen recovery, environmental services, cleantech, industrial processes, sustainable technology, venture-backed