Sion VS – Qaptis has successfully completed a pre-seed phase for a decarbonization project. With this, the environmental start-up wants to further develop its device, which can recover about 90 percent of the CO2 emitted by trucks directly from the exhaust.
Sion-based cleantech startup Qaptis has acquired investments of 1.3 million Swiss francs for a CO2 recovery concept in heavy traffic, according to a media release. Notable backers of this early financing round include the Danish investment firm BlackWood, the commodities giant Cargill from the USA and the French startup promoter YB Startup.
Qaptis’ project aims to recover carbon dioxide in heavy-duty transportation and supply chains. To do this, Qaptis has developed a mobile device that can recover about 90 percent of the CO2 emitted by trucks directly from the tailpipe. The Valais-based company is responding to the fact that 10 percent of CO2 emissions in the EU are caused by freight transport and retail chains. Since it may take decades to retool the entire transportation fleets, Qaptis is offering the mobile devices as an interim solution to meet the 2050 climate goals.
Qaptis is a spin-off from the Swiss Federal Institute of Technology in Lausanne. The company, which was founded in 2021, plans to use the funding it has now obtained to complete its development team and take the decarbonization project to technology maturity level 5. This designates the test setup in the operational environment. ww