Daphne Technology successfully completes its CHF 10m financing round

Daphne Technology, a Swiss climate tech startup addressing the Greenhouse Gas (GHG) challenge, has successfully completed its second financing round of funding since it spun off from the Swiss Federal Technical Institute (EPFL) in 2018.

Shell Ventures led the CHF 10 million capital raise along with Trafigura. AET, and all previous investors co-invested, including Saudi Aramco Energy Ventures and the Innovation Fund.

All new shareholders are joining Daphne with the common goal of accelerating the company’s technology deployment and maximising its impact.

Id est avocats has advised Daphne Technology on this financing round.