On 17 November, Kandou Bus, an EPFL spin-off, announced that it had raised CHF 92 million in a Series C funding round. This brings the total funds the company has raised since 2011 to over CHF 130 million, placing it in the top five EPFL spin-offs by this measure. Its sophisticated computer chips form an integral part of the race to boost data transfer speed while lowering power consumption. Amin Shokrollahi, the company’s founder and CEO, is convinced that their technology could potentially be used in all types of communication systems, including satellites, within the next decade or so.
Source: “Our spin-off will follow in Logitech’s footsteps”, Cecilia Carron, EPFL News
