Tech Company Financing Transactions
Deep Sky Funding Round
Deep Sky closed a $54.7 million Series A funding round on 11/16/2023. Investors included Brightspark, Whitecap Venture Partners and Business Development Bank of Canada.
Transaction Overview
Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$54,650,000
Round
Series A
Investors
Brightspark (Lead Investor)
Whitecap Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to begin planning and construction of its first commercial facility, grow the team, build corresponding carbon removal software for selling carbon credits, and fund its Alpha research facility, a removal research center.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
690 Avenue Hartland
Montreal, Quebec, H2V 1S2
CA
Montreal, Quebec, H2V 1S2
CA
Phone
Undisclosed
Website
Email Address
Overview
Deep Sky is a state-backed venture aiming to remove gigatons of CO2 from the atmosphere at an unprecedented rate. Our belief is that with the right people and resources, we can make a lasting impact.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Fred Lalonde
Chief Executive Officer
Damien Steel
Chief Technical Officer
Joost Ouwerkerk
Co-Founder
Laurence Tosi
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