Swiss startup UniSieve scores €4.9 million to unlock enhanced decarbonising for industry
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Loading... - Madison Pearce
- 03 May 2023
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Cleantech startup UniSieve has just secured €4.9 million ($5.5 million) for its solution that helps heavy industry decarbonize. The Swiss team now plans to pilot and expand production capacities.
Reaching net zero requires considerable effort to decarbonise across industries and sectors. Heavy industries, such as chemical and energy companies, are among the highest polluters of carbon emissions. They also have to meet the Net Zero goals as set out by government agreements, and they play a key role in reducing global carbon emissions.
Cleantech company UniSieve has identified a unique way for them to decarbonise. The company has just secured €4.9 million ($5.5 million) to roll out the solution.
The Seed Round saw participation from a venture capital consortium including the Amadeus APEX Technology Fund, Wingman Ventures, Ciech Ventures and Zürcher Kantonalbank.
For companies involved in heavy industry, creating energy efficiencies n their legacy, highly energy-intensive assets worth billions of dollars is a major challenge. For example, in chemical plants, a major energy drain is the chain of separation and purification steps because it still depends on highly energy-intensive thermal processes.
Swiss startup, UniSieve, aims to solve these energy drains to help the industry get closer to Net Zero goals. Read More..
