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CyanoGuard

cyanoguard.ch

Founded Year

2016

Stage

Seed VC | Alive

Total Raised

$3.18M

Last Raised

$3.12M | 3 yrs ago

About CyanoGuard

CyanoGuard develops rapid naked eye tests for toxic cyanide in food, water, and blood to improve environmental monitoring, food safety, and healthcare. Its first product, CyanoKit, allows anyone to test liquid samples using a sensor that changes color upon the presence of cyanide.

Headquarters Location

Einsiedlerstrasse 29

Waedenswil, 8820,

Switzerland

+41 315281042

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CyanoGuard Patents

CyanoGuard has filed 1 patent.

The 3 most popular patent topics include:

  • Atmospheric dispersion modeling
  • Chemical processes
  • Cyanides
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/2/2018

3/15/2022

Spectroscopy, Analytical chemistry, Cyanides, Biochemistry methods, Proteins

Grant

Application Date

10/2/2018

Grant Date

3/15/2022

Title

Related Topics

Spectroscopy, Analytical chemistry, Cyanides, Biochemistry methods, Proteins

Status

Grant

Latest CyanoGuard News

CyanoGuard obtains half a million to make gold mining sustainable

Mar 4, 2021

04.03.2021 13:26 Following its participation in the inaugural 12 month acceleration program by Newly Prospective Studio, CyanoGuard is the first company to receive investment from the accelerator. The obtained 500’000 dollars will flow into advancing sustainability and efficiency in gold mining. CyanoGuard is a chemtech startup shaping the future of cyanide detection for the gold mining industry. The company has developed and commercialised its next-generation cyanide monitoring solution, a comprehensive digital platform enabling rapid toxin detection to make gold mining more efficient and environmentally friendly. With CyanoGuard’s platform, gold mining companies are able to reduce cyanide consumption during the gold-mining process by 15-20% through improved process control; lower detoxification costs and save detox reagents by 20%; as well as improve recovery rates. This translates into cost savings and value productivity gains worth several million US dollars per mine per year. CyanoGuard's customer base is quickly expanding, with three of the world’s top ten gold producers by output among early adopters of CyanoGuard's technology. Among the most recent projects started or scheduled are sites of KCGM in Australia, AgnicoEagle in Finland and Ecolab in Colombia. The startup has secured half a million from Newlab’s Prospect Mining Studio , which supports innovators developing solutions to make mining safer, more efficient, and more sustainable. The investment caps the company’s extended seed round—with the first closing in April 2020—at more than $3.5 million. With the additional funding, CyanoGuard will further develop its first-of-its-kind cyanide monitoring and optimization technology platform and scale its customer base in the global gold mining industry. Throughout 2020, the Prospect Mining Studio’s cohort of 15 leading companies addressing critical challenges in the mining industry has leveraged the facilities, resources, product realization support, global network, and unique programming provided by the Prospect Mining Studio to develop a range of highly impactful technologies, thereby making mining safer, more efficient, and more sustainable. CyanoGuard is the first company of the Studio’s 15-member cohort to receive funding from the Studio. “We are delighted to welcome Prospect Mining Studio as an investor,” said Benedikt Kirchgaessler, Founder and CEO of CyanoGuard. “As a member of the Prospect Mining Studio’s first cohort since 2019, CyanoGuard has benefited immensely from the Studio’s invaluable programming, global network, and product realisation support, which have enabled us to expand our platform’s capabilities and gain considerable traction in the global mining industry. I am confident that the Studio’s support will significantly help us in our mission as we build out our solution and scale our business.” (Press release)

CyanoGuard Frequently Asked Questions (FAQ)

  • When was CyanoGuard founded?

    CyanoGuard was founded in 2016.

  • Where is CyanoGuard's headquarters?

    CyanoGuard's headquarters is located at Einsiedlerstrasse 29, Waedenswil.

  • What is CyanoGuard's latest funding round?

    CyanoGuard's latest funding round is Seed VC.

  • How much did CyanoGuard raise?

    CyanoGuard raised a total of $3.18M.

  • Who are the investors of CyanoGuard?

    Investors of CyanoGuard include BlueOcean Ventures, Wingman Ventures, Horizon 2020 and MassChallenge.

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