Tech Company Financing Transactions
GHGSat Funding Round
On 9/11/2023, GHGSat raised $44 million in Series C funding from BDC Capital, Climate Investment and Fonds de solidarite FTQ.
Transaction Overview
Company Name
Announced On
9/11/2023
Transaction Type
Venture Equity
Amount
$44,000,000
Round
Series C
Investors
Proceeds Purpose
The company, which has raised more than US $126M since its inception in 2011, intends to use the funds to accelerate its go-to-market strategy, develop new integrated solutions, and deploy more satellite and airborne measurement capacity.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
3981 St-Laurent 500
Montreal QC, H2W 1Y5
Canada
Montreal QC, H2W 1Y5
Canada
Phone
Website
Email Address
Overview
GHGSat's mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world. In June 2016, GHGSat launched the world's first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in the world.
Management Team
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