
DEPSYS raises 13.2 million!
DEPsys, this startup from the HEIG-VD which started its activities in the Y-START incubator strengthens its position on the smart grid market. It will receive 13.2 million Swiss francs as part of a category B investment. The new investors are BNP Paribas and SET Ventures.
This capital increase gives DEPsys the opportunity for strong international growth. In 2018, the number of DEPsys’ customers has doubled. The company has now established its presence in ten markets, spread over two continents. Large scale deployments are underway, and recently DEPsys created its first international subsidiary in Germany.