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Biz Plan Competition | Alive

Total Raised


Last Raised

$130K | 6 yrs ago


VAULT designs and manufactures watched with autonomous movement.

Headquarters Location

Chrüzacherstrasse 18

Bassersdorf, 8303,


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Latest VAULT News

Norway's 'Doomsday Vault' Not 'Doom-Proof' Enough

Dec 12, 2017

Norway's 'Doomsday Vault' Not 'Doom-Proof' Enough © AP Photo/ David Keyton Located in Norway's Arctic domains, the Svalbard Global Seed Vault has been hailed as a failsafe storage facility built to withstand the test of time, yet is scheduled for reconstruction after only nine years in operation. Commonly known as the "Doomsday Vault," the secure seed bank was specifically designed to be immune to natural calamities, industrial catastrophies and even nuclear bombs and placed halfway between mainland Norway and the North Pole. However, climate change around the remote Svalbard archipelago has spurred reconstruction of a vault earlier proclaimed as the world's sixth best invention by the magazine Time. The rebuilding process is taking place only nine years after it was opened by the then-President of the European Commission José Manuel Barroso and the then-Prime Minister of Norway Jens Stoltenberg. "What has happened since we completed the building in 2008 is that climate change has given us some challenges to boot. Changes in temperature and weather conditions mean that the permafrost has not been restoring itself as expected," Hege Njaa Aschim, communications director at the Norwegian Directorate of Public Construction and Property (Statsbygg) explained to the Aftenposten daily. © AP Photo/ John McConnico Публикация от Canada Goose (@canadagoose) Июл 13 2017 в 1:16 PDT In addition, a new service building designed by the Snøhetta company is planned at about a 40 meter distance from the opening. The new bulding of around 180 square meters will take over the necessary functions in connection with the reception and the registration of the input in a bid to reduce the number of heat sources inside the vault itself. "We need to do something so that we can tackle a warmer and wetter climate. This is about the safety of the world's heritage, so that we have something to grow in the future. It is also about Norway's reputation as well," Njaa Aschim said. The Doomsday Vault contains 930,000 seed types collected from around the globe and stored under conditions safe for long-term storage in order to preserve the great genetic variation within the world's agriculture. The vault has a reserve capacity forthree million seedlings. © AFP 2017/ MARTIN BUREAU

VAULT Frequently Asked Questions (FAQ)

  • Where is VAULT's headquarters?

    VAULT's headquarters is located at Chrüzacherstrasse 18, Bassersdorf.

  • What is VAULT's latest funding round?

    VAULT's latest funding round is Biz Plan Competition.

  • How much did VAULT raise?

    VAULT raised a total of $130K.

  • Who are the investors of VAULT?

    Investors of VAULT include Venture Kick.

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