Zug-based revoltab, a pioneering smart home company in the field of Home Fragrance Solutions, has closed an oversubscribed €4.5 million convertible financing round. The funds will be used to accelerate product development, strengthen its market position and drive international expansion.
Founded in 2020, revoltab is changing the shape of the traditional home fragrance market with a smart capsule system. The company combines premium home fragrances with smart technology, offering consumers a new way to scent any space. Unique digital services enable highly effective use of the solution, from procurement to management. The Smart Home Solution not only allows precise control via an intuitive app or dashboard, but also creates a new, personalised fragrance experience by connecting devices. The company is active in the B2C as well as in the B2B market addressing customers from hospitality, retail or medical fields.
"Our vision is to redefine the room fragrance experience through technology and sustainability, while offering users the highest level of convenience," explains Livio Fazio, CEO of revoltab. "The strong investor demand in this oversubscribed round reflects confidence in our patented technology and data-driven business model. This capital infusion will enable us to accelerate innovation, expand our market presence, and strengthen our competitive advantage."
The secured financing will primarily support:
- Further product line advancements
- Geographic expansion
- Development of new entry-level models to tap into additional market segments
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The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". 
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