Daphne Technoloy Gets €2.5M in Grant Funding from the European Union via the H2020 EIC Accelerator Program

23.12.2019 09:52, Guillaume Tinsel

Daphne Technology is enabling air pollution control with nanotechnology by allowing commercial ship owners to remain comply with new marine air emission regulations, while reducing their environmental impact. The European Union has just approved €2.5 million in grant funding to Daphne Technology SA. The funding provided through the H2020 EIC Accelerator program will support Daphne's development and commercialization of the most advanced exhaust gas purification system in the market.

The EIC Accelerator (previously known as SME Instrument) is part of the European Innovation Council (EIC) pilot that supports top-class innovators with funding opportunities and acceleration services to help them develop and bring onto the market new innovative products, services and business models that have high potential to drive economic growth.

Daphne Technology cutting-edge technology offers a simple, reliable, and cost-effective solution to reduce air pollution. The Daphne Technology system doesn’t require washwater or dry docking. Their easy-to-install exhaust gas purifier use a closed system transforming polluting SOx and NOx emissions into agricultural fertilizer.

Together with their team of industry experts and the backing of some of the largest energy providers in the world, they have the ability to transform the future of industries they work with.

Daphne Technology ranked among the most promising Swiss-based startups at the TOP 100 Swiss Startup Award in 2019 and 2018 and won Venture Kick stage 3 in 2018.