Snocom develops technology to remove snow from airports.
Snocom, a spin-out of Eindhoven University of Technology focused on snow removal, has secured an investment from Mainport Innovation Fund. Mainport was set up and is backed by Delft University of Technology, Schiphol Group, KLM and Rabobank.
Snocom is based on research by Henk Arntz and commercialises proprietary compression technology which allows for a more efficient and cheaper method of snow removal. The spin-out is currently working with Schiphol Airport in Amsterdam to ensure it can meet the specific needs of such an environment.
Mainport offers seed funding between €100,000 ($127,000) and €200,000 to companies focused on the aviation sector. To date, it has invested in eight such companies.
The Schiphol Group is a significant backer for the spin-out. Apart from Amsterdam’s airport, the group also owns Rotterdam The Hague and Lelystad airports. It is a majority shareholder in Eindhoven Airport and a minority shareholder in Brisbane Airport. It also holds the operating franchise for terminal four of New York City’s John F Kennedy International Airport. The group itself has Aéroports de Paris, the authority operating Paris’s airports, as a minority shareholder.
Henk Arntz, founder and chief executive at Snocom, said: “The investment and the support from the partners of Mainport Innovation Fund will help our company to accelerate our development and shorten our time to market.”
