Paris, April 15, 2025 – Shift4Good is proud to announce its investment in Swiss deeptech company novoMOF, as part of a CHF 4.4 million (~€4.6 million) funding round led by GTT Strategic Ventures, alongside Regenerative, and existing shareholders.
This marks Shift4Good’s first investment in Switzerland, and a bold step into the frontier of carbon capture for heavy-duty transport and industrial applications. novoMOF is pioneering the development of Metal Organic Frameworks (MOFs)—a new class of ultra-porous materials that offer a game-changing approach to capturing CO₂ emissions from some of the world’s most polluting sectors.
“At Shift4Good, we invest in bold teams building breakthrough solutions to decarbonize transportation and industry. novoMOF stands out with its highly scalable, environmentally impactful technology and a strong commitment to real climate impact. We are proud to join this journey and support their mission to make carbon capture more accessible, efficient, and sustainable,” said Yann Marteil, Co-founder & Managing Partner at Shift4Good.
Addressing the overlooked frontlines of climate action
While progress in electrification has advanced light mobility, carbon-intensive sectors like maritime shipping, heavy-duty trucking, cement, waste-to-energy and metallurgy remain largely without viable decarbonization solutions. Carbon capture is often the only pathway forward—and novoMOF’s technology delivers it with unprecedented efficiency.
Unlike traditional carbon capture methods based on amine scrubbing, which are costly, complex, and polluting, novoMOF’s MOFs enable CO₂ capture systems that are simpler, cheaper, and cleaner. The company’s proprietary MOFs allow for point-source CO₂ capture costs well below €100/ton, making point-source CO₂ capture economically viable even for large-scale industrial deployments.
“This is where climate tech meets industry,” added Yann Marteil. “novoMOF’s technology doesn’t just push boundaries—it meets a real need that has so far been unaddressed. It’s a paradigm shift for carbon capture, and one with immense potential across multiple transport modes and industrial processes.”
Multi-modal and multi-sector impact
From cement kilns to smelters, maritime vessels to off-road construction equipment, novoMOF’s materials are designed to integrate into diverse infrastructures and use cases. In partnership with technology providers and end-users, novoMOF is targeting point-source CO₂ capture across various industrial sectors.The company is currently conducting 8 pilot projects across 5 industry verticals, each tailored to the specific conditions and emissions profile of the application.
With this funding round, novoMOF will scale its team and expand their partnerships with technology providers to commercialize first-of-a-kind MOF-based CO₂ capture units.
“This investment marks a significant milestone in our journey to make MOF-based CO₂ capture both scalable and economically viable. With the support of GTT Strategic Ventures, Shift4Good, Regenerative, and our existing investors, we are accelerating the deployment of our advanced MOF materials where it matters most—at the heart of industrial, energy and transport emissions. Our goal is clear: to deliver meaningful impact on global emissions through cutting-edge materials and strong partnerships,” said Daniel Steitz, CEO and Founder at novoMOF.
About novoMOF
novoMOF is a Swiss deep tech company pioneering cost-effective, high-performance, and environmentally sustainable MOFs for carbon capture across industrial processes, energy production, maritime, transport, and more. A spin-off from the Paul Scherrer Institute, novoMOF develops, scales, and commercializes proprietary CO₂ capture materials that enable point-source capture well under €100/ton — making sustainable decarbonisation at scale a reality. The company aims to enable six million tons of CO₂ capture with its MOFs annually by 2030 and collaborates closely with technology partners for capture systems. novoMOF is supported by leading scientific partners, including the co-inventor of MOFs, Professor Omar M. Yaghi.
For more information, visit www.novomof.com
Media contact: info@novomof.com
