Switzerland-based Daphne Technology has secured CHF 15 million in the first close of its current funding round to scale the commercialization of its methane abatement system. The company focuses on reducing methane slip emissions from natural gas engine exhaust, a persistent challenge in the energy sector.
Methane slip, unburned methane in lean-burn natural gas engine exhaust, accounts for a major share of emissions from compressor engines and has remained largely unaddressed by conventional aftertreatment systems. The company, ranked among the Top100 Swiss Startups, and a former Venture Kick winner alum as well as participant in Venture Leaders China, is now facing accelerating regulatory demand from frameworks such as the U.S. Clean Air Act Section 136 and the European Union Emissions Trading System.
Daphne Technology's founder and CEO Juan Mario Michan on the Top100 Swiss Startup Award stage in 2022
Daphne Technology SA: MRV and abating methane slip from hard-to-abate industries.
Daphne Technology is Climate Deep Tech company focused on solving the GHG emission challenge from hard-to-abate industries by removing methane (CH4) slip from the exhaust of gas engines while generati... Read more