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§ Private Profile · Saint-sulpice, Vaud, Switzerland
Environmental technology developer reducing methane and GHG emissions from gas engines for maritime and energy industries.
Based in Lausanne, Switzerland, Daphne Technology develops catalyst-free nanotechnology solutions to reduce methane slip and greenhouse gas emissions from gas-powered engines across maritime and land-based applications. Founded in 2018 by Mario Michan, the company provides exhaust purification systems for tough-to-decarbonize industries to help operators meet tightening environmental regulations and corporate sustainability goals. Operating with thirty employees including executives William Ramsay and Janne Berglund, the firm secured backing from prominent investors like Shell Ventures, Saudi Aramco Energy Ventures, and JP Morgan. To support its global operations and target the North American energy sector, the enterprise recently established a United States subsidiary located in Houston, Texas. In recognition of its industrial advancements, the organization won the Deep-Tech and Life Science Award at the Swiss Economic Forum in 2023 while its founder also received honors from UBS.
Daphne Technology has raised $26.3M across 6 funding rounds.
Daphne Technology has raised $26.3M in total across 6 funding rounds.
Daphne Technology has raised $26.3M across 6 funding rounds. Most recently, it raised $3.2M Series B Extension in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 13, 2022 | $3.2M Series B Plus | Nicholas Meer | AET Tankers, Saudi Aramco Energy Ventures, Shell Ventures, Swisscom, Trafigura | Announced |
| Mar 15, 2022 | $4.3M Venture Round | — | Fulvio Maccarone, CFA, Jennifer Webb | Announced |
| Oct 29, 2021 | $10.9M Venture Round | Shell Ventures, Trafigura | AET, Innovation Fund, Saudi Aramco Energy Ventures | Announced |
| Dec 23, 2019 | $2.8M Grant | European Union | — | Announced |
| Jan 8, 2019 | $5M Venture Round | — | Saudi Aramco Energy Ventures, The Innovation Fund | Announced |
| Oct 22, 2018 | $100K Debt Financing | Foundation For Technological Innovation | — | Announced |
Daphne Technology has raised $26.3M in total across 6 funding rounds.
Daphne Technology's investors include Nicholas Meer, AET Tankers, Saudi Aramco Energy Ventures, Shell Ventures, Swisscom, Trafigura, Fulvio Maccarone, CFA, Jennifer Webb, AET, Innovation Fund, European Union, The Innovation Fund.