Cofundit is proud to support Xemtec in raising CHF 500'000 growth financing, in the form of a convertible loan. We believe this is an exciting opportunity to invest in the rapidly growing sector of smart grids for an improved management of energy generating resources. Xemtec has developed an economical smart metering system, which can be adapted to already installed meters, thus allowing utilities to protect their investment and to take advantage of the most straight forward path for migration to Smart Metering.

Xemtec was founded in 2001. It's customer list already includes many of the largest utilities in Europe and a growing base in the Middle East, the Far East, and North and South America. Xemtec's innovative smart meters have extremely low maintenance, minimal power consumption, long replacement cycles, and produce no disruption of existing metering infrastructure. To learn more about this award winning company, click here.