Svante is a company focusing on Carbon Capture & Removal Solutions. With its filters and rotary contactor machines, Svante is dedicated to capturing and removing CO2 from industrial emissions and the air. Utilizing unique solid adsorbents, the company's carbon capture technology is scalable, eco-friendly, and already available commercially. Founded in 2007 and headquartered in Canada, Svante operates in the Renewable Energy and Clean Energy industries. In its most recent funding round on 29 March 2023, the company secured a $5.00M investment from United Airlines. Svante's unique approach to carbon capture offers a commercially viable solution for heavy emitting, hard-to-decarbonize industries, concentrating captured CO2 to pipeline-grade purity for safe transportation, storage, or use in other products.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $5.00M | 1 | 29 Mar 2023 | |
Series E | $318.00M | 10 | 15 Dec 2022 | |
Grant | $25.00M | 1 | 07 Jul 2021 | |
Series D | $75.00M | 9 | Suncor Energy, BDC Capital Cleantech Practice | 02 Feb 2021 |
Series C | $13.00M | 6 | Husky Energy, Business Development Bank of Canada +1 | 25 Jun 2019 |
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