Recoal: Funding, Investors & Team (Sep 2026)
Why do we act? Global warming is a consequence of the increased CO₂ concentration in the atmosphere. Without well-functioning, scalable and long-lasting CO₂ removal technologies, the world will not be able to achieve its 1.5° target. Up to 870M tons CO₂ will need to be removed by 2040 to avoid further fatal impacts to humanity from climate change, as the latest IPCC report stated. With RECOAL we want to make a relevant contribution to net zero with our negative CO₂ emissions. We act now because we owe it to future generations. Challenge of Carbon Removal to date There are not enough carbon removal technologies and companies on the market to achieve the necessary scalability. Several approaches are directed to short term carbon storage. Permanent carbon removal process at an affordable cost are a challenge. Our solution: RECOAL AG Reverse Mining RECOAL AG will produce Negative Emission Coal (NEC) from waste biomass in its own production plants and store NEC in its own permanent underground deposits, called Negative Emission Vault (NEV). The RECOAL AG approach is the simplest and, at the same time, the safest and most efficient method of carbon removal to date. RECOAL AG imitates and accelerates what nature did millions of years ago with affordable costs. The RECOAL process undertakes 3 simple steps: 1st Step: From CO₂ to biomass. 2nd Step: Biomass is transformed to Negative Emission Coal in our production plant. 3rd Step: Negative Emission Coal is safely permanently stored in Negative Emission Vaults. The RECOAL AG system is a relevant approach to the climate problem involves a technology based on building a Negative Emission Carbon production plant with a capaUK 200Kt CO2/year, for every Industrialised region of 500K inhabitants. This Carbon is then stored locally and forever in large (underground) deposits, called Negative Emission Vaults. If you are interested in the RECOAL AG technology contact us today!
Recoal has raised $20k across 1 funding round on record, the most recent an undisclosed round of $20k announced in Jul 2024.
That round is below the $3.0M median round size for Professional Services companies tracked on FundedIQ over the last two years.
Recoal Company Profile and Key Stats
Latest funding round on record: Jul 2024.
Recoal Funding Rounds
Recoal Founders and Leadership Team
Contact details for the Recoal team: 1 of 1 has an email address on file.
Start 14-day free trial →Recoal Funding Compared to Other Professional Services Startups
Recoal's latest round of $20k is below the median round in Professional Services. Medians cover the last 24 months of disclosed rounds.
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Recoal Funding FAQs
What does Recoal do?
Why do we act? Global warming is a consequence of the increased CO₂ concentration in the atmosphere. Without well-functioning, scalable and long-lasting CO₂ removal technologies, the world will not be able to achieve its 1.5° target. Up to 870M tons CO₂ will need to be removed by 2040 to avoid further fatal impacts to humanity from climate change, as the latest IPCC report stated. With RECOAL we want to make a relevant contribution to net zero with our negative CO₂ emissions. We act now because we owe it to future generations. Challenge of Carbon Removal to date There are not enough carbon removal technologies and companies on the market to achieve the necessary scalability. Several approaches are directed to short term carbon storage. Permanent carbon removal process at an affordable cost are a challenge. Our solution: RECOAL AG Reverse Mining RECOAL AG will produce Negative Emission Coal (NEC) from waste biomass in its own production plants and store NEC in its own permanent underground deposits, called Negative Emission Vault (NEV). The RECOAL AG approach is the simplest and, at the same time, the safest and most efficient method of carbon removal to date. RECOAL AG imitates and accelerates what nature did millions of years ago with affordable costs. The RECOAL process undertakes 3 simple steps: 1st Step: From CO₂ to biomass. 2nd Step: Biomass is transformed to Negative Emission Coal in our production plant. 3rd Step: Negative Emission Coal is safely permanently stored in Negative Emission Vaults. The RECOAL AG system is a relevant approach to the climate problem involves a technology based on building a Negative Emission Carbon production plant with a capaUK 200Kt CO2/year, for every Industrialised region of 500K inhabitants. This Carbon is then stored locally and forever in large (underground) deposits, called Negative Emission Vaults. If you are interested in the RECOAL AG technology contact us today!
How much funding has Recoal raised?
Recoal has raised $20k across 1 round on record. The most recent is an undisclosed round of $20k announced in Jul 2024.
When did Recoal last raise funding?
Recoal's most recent funding round on record is an undisclosed round of $20k, announced in Jul 2024.
Who founded Recoal?
FundedIQ lists Joachim Hanssler (Founder) at Recoal.
Where is Recoal headquartered?
Recoal is based in Zürich, Zurich, Switzerland.
How many employees does Recoal have?
Recoal is in the 1-10 employee band.
How does Recoal's funding compare to other Professional Services startups?
Recoal's latest round of $20k is below the $3.0M median round size for Professional Services companies on FundedIQ across 366 tracked companies over the last two years.
About FundedIQ's Recoal Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Recoal is left off this page rather than filled in.
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