Porsche supports start-ups in Zurich

Zürich/Stuttgart, March 2021

The car manufacturer Porsche supports the Zurich start-up company The Embassies through its Forward31 funding program. The Embassies is developing a new retirement home solution. In doing so, it is building a global network with around 30 locations.

Porsche supports innovative start- ups through its Forward31 program. Now the German carmaker has also included the Zurich start-up The Embassies in this program, according to a media release .

The Embassies is developing a new solution for living in old age. This consists of a digital platform and habitable rooms. The company wants to build a network with around 30 locations worldwide. She wants to focus on big cities like Zurich, London, New York or Berlin. The first location is scheduled to open in Europe in 2022.

At the locations – so-called embassies – of The Embassies, residents and visitors should have publicly accessible catering and leisure facilities available. The goal is to encourage social interaction. Traveling by older people is also supported. This also gives residents and members access to other The Embassies locations around the world.

"We created our offer for people who want to lead a self-determined, fulfilled and healthy life for as long as possible," says Jan Garde, founder of The Embassies, in the press release.

Forward31 will now continue to develop the business model together with the founding team of The Embassies and support the company as a strategic partner in the future.

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