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§ Private Profile · Einsiedlerstrasse 29, 8820 Wädenswil, Switzerland
Chemical technology company developing cyanide detection, monitoring, and optimization solutions for gold mining, food safety, and healthcare.
CyanoGuard AG is a Wädenswil, Switzerland-based enterprise that develops advanced chemical technology for rapid cyanide detection, continuous monitoring, and process optimization. The company provides industrial process control solutions primarily utilized in large-scale gold mining operations, food safety testing, and healthcare applications to reduce environmental impact and improve toxin detection. Operating with a workforce of approximately 20 employees, the firm commercializes its specialized monitoring products and integrated hardware solutions directly to global industrial clients. To finance its commercial expansion, the organization has raised over CHF 3 million in seed funding from lead investor Wingman Ventures and BlueOcean Ventures. Additionally, the business secured non-dilutive grant capital from the EU Horizon 2020 SME Instrument. Originally established as a technology spinoff from the University of Zurich, the company was founded in 2016 by Benedikt Kirchgässler and Mathias Cherbuin.
CyanoGuard AG has raised $3.5M across 2 funding rounds.
CyanoGuard AG has raised $3.5M in total across 2 funding rounds.
# CyanoGuard AG: High-Level Overview
CyanoGuard AG is a chemical technology company specializing in real-time cyanide detection and monitoring solutions.[1][2] Founded in 2016, the company develops innovative toxin detection methods for three primary markets: gold mining operations, food safety applications, and medical diagnostics.[3] CyanoGuard addresses a critical operational and environmental challenge—cyanide is widely used in precious metal extraction, but its toxic nature creates significant risks to worker safety, environmental contamination, and regulatory compliance. The company's core offering is a user-friendly, cost-effective monitoring system that enables mining companies to minimize toxic reagent usage, reduce greenhouse gas emissions, and optimize metal production while maintaining environmental stewardship.[5][6]
The company serves a global market of precious metal miners who require reliable, real-time visibility into cyanide concentrations in their operations. By providing simple-to-use IoT-enabled solutions, CyanoGuard helps mining operations reduce both operational costs and environmental footprint simultaneously—a value proposition that aligns with industry pressure toward sustainable extraction practices.
# Origin Story
CyanoGuard was founded in 2016 in Switzerland (based in Wädenswil).[3][5] The company emerged from the recognition that existing cyanide monitoring methods were either unreliable, complex, or prohibitively expensive for mining operations. The founding team identified an opportunity to apply chemical technology innovations to solve a persistent problem in the precious metals industry—the need for accurate, real-time cyanide detection that could be deployed at scale across mining sites worldwide.
# Core Differentiators
# Role in the Broader Tech Landscape
CyanoGuard operates at the intersection of environmental monitoring technology and industrial IoT, riding two significant trends. First, mining companies face intensifying regulatory pressure and stakeholder demands for sustainable operations—CyanoGuard's technology directly enables compliance and ESG improvements. Second, the broader shift toward real-time, sensor-based industrial monitoring creates infrastructure and market acceptance for IoT solutions in traditionally analog-heavy sectors like mining.
The timing is particularly favorable: global mining faces simultaneous pressures to increase precious metal output (driven by electronics and renewable energy demand) while reducing environmental impact. CyanoGuard's solution bridges this tension, making it relevant to both mining economics and sustainability mandates. The company influences the ecosystem by demonstrating that chemical innovation can solve industrial problems at scale, potentially inspiring similar detection technologies for other toxic substances in mining and manufacturing.
# Quick Take & Future Outlook
CyanoGuard is positioned to capture growing demand from mining operations seeking to balance productivity with environmental compliance. As regulatory frameworks around mining emissions tighten globally and ESG considerations increasingly influence mining investment, real-time cyanide monitoring becomes less of a luxury and more of an operational necessity. The company's expansion into food safety and medical markets suggests ambitions beyond mining, though the precious metals sector likely remains the primary revenue driver.
The critical question for CyanoGuard's trajectory is market penetration speed—whether mining operations will adopt the technology at scale, and whether the company can maintain technological leadership as larger industrial monitoring firms potentially enter the space. Success hinges on demonstrating measurable ROI and environmental impact that justifies adoption across the fragmented global mining industry.
CyanoGuard AG has raised $3.5M across 2 funding rounds. Most recently, it raised $500K Seed Extension in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 4, 2021 | $500K Seed Plus | Newlab, Vimson Group | — | Announced |
| Apr 1, 2020 | $3M Seed | — | Founderful, Sacha Haymoz | Announced |
CyanoGuard AG has raised $3.5M in total across 2 funding rounds.
CyanoGuard AG's investors include Newlab, Vimson Group, Founderful, Sacha Haymoz.