{"id":3570,"date":"2025-08-21T12:38:05","date_gmt":"2025-08-21T10:38:05","guid":{"rendered":"https:\/\/recoal.net\/?p=3570"},"modified":"2025-08-21T13:41:12","modified_gmt":"2025-08-21T11:41:12","slug":"recoal-migros-pioneer-fund","status":"publish","type":"post","link":"https:\/\/recoal.net\/en\/recoal-migros-pioneer-fund\/","title":{"rendered":"Recoal gains momentum with support from Migros Pioneer Fund"},"content":{"rendered":"\t\t
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PRESS RELEASE<\/b><\/p>

Zurich, 14 November 2024<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Recoal gains momentum
with support from Migros Pioneer Fund<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The Zurich-based company Recoal has developed a technology that converts wet-waste biomass into hydrochar, which stores carbon and can be stored “underground” in Switzerland. The goal: a safe and efficient solution for removing CO\u2082 from the atmosphere and a further step towards net zero.<\/b>
Founded in 2023, Recoal aims to bring its technology to market readiness with the support of the Migros Pioneer Fund and then deploy it worldwide.\u00a0<\/b><\/p>

From 41.6 million tonnes of greenhouse gases to net zero by 2050: in addition to reducing emissions, Switzerland’s climate target can only be achieved with additional technologies that extract and store CO\u2082 from the atmosphere. With the support of the Migros Pioneer Fund, Recoal is developing a technology that converts (waste) biomass into hydrochar, which stores carbon permanently. This hydrochar can then be stored in underground storage facilities. Pirmin Aregger, Co-founder of Recoal, summarizes: “Recoal aims to provide a simple, safe, and efficient solution for CO\u2082 removal, helping Switzerland and companies worldwide on its path to net zero.”<\/p>

With the support of the Migros Pioneer Fund to net zero<\/strong>
Financially, the young company can count on the Migros Pioneer Fund. The fund has chosen to support Recoal because “without investment in carbon dioxide removal – the permanent removal of CO\u2082 from the atmosphere – Switzerland will not achieve its climate targets. Recoal’s solution is promising, especially because the CO\u2082 can be permanently stored in local sites in a transparently verifiable manner” – states Pablo Villars, Project Manager at the Migros Pioneer Fund.<\/p>

Team and early successes<\/strong>
Following successful feasibility studies with partners like ETH Zurich and TU Delft, Pirmin Aregger, Joachim Hanssler, and Giovanni Alberti founded Recoal in 2023. The team is currently working intensively on planning a pilot facility in Switzerland. Shortly after its founding, Recoal received prestigious recognition: its potential was confirmed in the IMD Start-up Competition and in international carbon removal programs such as remove and the CEEZER Carbon Coalition.<\/p>

Attractive market and great potential for Switzerland<\/b>
The need for CO\u2082 removal technologies is highlighted by the Intergovernmental Panel on Climate Change<\/a>, among others. Furthermore, this industry could open up enormous economic potential for Switzerland: projections by the Boston Consulting Group<\/a> foresee billion-dollar growth by 2030 – comparable to today\u2019s oil and gas industry. Switzerland is well-positioned, with approximately 9% of global jobs<\/a> in this growth sector located here.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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About Recoal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Recoal is a Zurich-based Carbon Dioxide Removal (CDR) company that transforms organic wet waste into stable carbon through Hydrothermal Carbonization (HTC). The process converts wet-waste biomass into hydrochar, a solid material designed for safe underground storage where the carbon remains locked away for centuries. This permanent removal of atmospheric CO\u2082 is quantified into high-quality, verifiable carbon removal credits that enable industries and organizations to advance their climate strategies. Recoal’s approach offers a durable and scientifically robust pathway for scaling carbon removal at the global level.<\/p>\n

More information: recoal.net<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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About Migros Pioneer Fund<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The Migros Pioneer Fund supports sustainable solutions for societal challenges with the goal of initiating systemic change towards a future-oriented society. The impact-oriented funding approach combines financial support with active funding and risk management. The fund is part of the social commitment of the Migros Group and has an annual budget of approximately CHF 15 million. The Migros Pioneer Fund is supported by companies such as Denner, Migros Bank, Migrol, migrolino and Ex Libris. <\/p>\n

More information: engagement.migros.ch\/en\/pioneer-fund<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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For questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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    \n
  • Pirmin Aregger, Co-founder at Recoal, pirmin.aregger@recoal.net<\/b><\/li>\n
  • Pablo Villars, Project Manager at Migros Pioneer Fund, pablo.villars@mgb.ch<\/b><\/li>\n
  • Press & Media at Recoal, media@recoal.net<\/b><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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    PRESS RELEASE Zurich, 14 November 2024 Recoal gains momentum with support from Migros Pioneer Fund The Zurich-based company Recoal has developed a technology that converts wet-waste biomass into hydrochar, which stores carbon and can be stored “underground” in Switzerland. The goal: a safe and efficient solution for removing CO\u2082 from the atmosphere and a further […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3570","post","type-post","status-publish","format-standard","hentry","category-unkategorisiert"],"_links":{"self":[{"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/posts\/3570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/comments?post=3570"}],"version-history":[{"count":10,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/posts\/3570\/revisions"}],"predecessor-version":[{"id":3668,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/posts\/3570\/revisions\/3668"}],"wp:attachment":[{"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/media?parent=3570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/categories?post=3570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/recoal.net\/en\/wp-json\/wp\/v2\/tags?post=3570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}