Cluj-Napoca investment fund finances a Swiss company Hyperloop Swisspod

By Emea Riga
The Something Big investment fund, recently established in Cluj-Napoca, starts its activity by financing the Swiss company Hyperloop Swisspod. This is a Swiss startup that wants to turn Hyperloop transport into reality.
“We believe that the future of transport belongs to Hyperloop technology, and what Denis Tudor achieved through Swisspod in such a short time could not leave us impassive. The awards won, but also the way he managed to form an incredible team of engineers, they convinced us that we need to be partners, “said Alex Rus, CEO and Co-Founder of Something Big.
Hyperloop is a transport solution based on capsules that reach supersonic speeds (1,200 km / h), with low CO2 emissions and much lower energy consumption than the four traditional transport methods, namely naval, road, rail and air.
“We want to remove distance and time barriers and connect cities in Europe and the world, achieving this goal with almost zero emissions,” explains Denis Tudor, CEO and Co-founder of Swisspod.
In 2016, 2017 and 2018, Swisspod won first place in the competition launched by Elon Musk, founder of SpaceX, for the development of Hyperloop technology. Denis Tudor and his team met several times with Elon Musk and SpaceX to test the Swisspod capsule.
The Swisspod partnership with the Something Big fund, which will provide a round of financing for the startup, comes shortly after the company founded in Switzerland by Denis Tudor and Cyril Dénéréaz announced that it joins the European Commission’s initiative to accelerate the development of secure systems Hyperloop type in Europe.
Something Big is a new venture capital investment fund in Cluj-Napoca that targets innovative startups in Romania or led by Romanians.