Tech Company Financing Transactions
Inventys Funding Round
Inventys secured a $10 million funding round on 7/13/2017. Backers included Husky Energy, Chrysalix Energy Venture Capital and The Roda Group.
Transaction Overview
Company Name
Announced On
7/13/2017
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from the transaction will fund a 30-tonne per day (TPD) CO2-capture pilot plant aimed at producing a low-cost CO2-supply solution for Husky's heavy oil enhanced oil recovery (EOR) program near Lloydminster, Saskatchewan.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
8528 Glenlyon Pkwy. 143
Burnaby BC, V5J 0B6
Canada
Burnaby BC, V5J 0B6
Canada
Phone
Website
Email Address
Overview
The VeloxoTherm process is the world's first post-combustion CO capture process that uses structured adsorbents. Cheaper, non-toxic, and more efficient than amine solutions, structured adsorbents are the future of carbon capture for enhanced oil recovery (EOR) and greenhouse gas (GhG) reduction.
Management Team
Title
Name
Email & Social
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