Tech Company Financing Transactions
Svante Funding Round
Svante, based in Burnaby BC, scored $100 million from Canada Growth Fund.
Transaction Overview
Company Name
Announced On
8/19/2024
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development and construction of its commercial carbon capture and removal projects in Canada and the US.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
8528 Glenlyon Pkwy. 143
Burnaby BC, V5J 0B6
Canada
Burnaby BC, V5J 0B6
Canada
Phone
Website
Email Address
Overview
Named after Nobel Laureate Svante Arrhenius, one of the first scientists to identify the atmospheric carbon-climate change connection, Svante is the first name in commercially viable, economically scalable, second-generation carbon capture technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Claude Letourneau
Chief Financial Officer
Matthew Stevenson
Co-Founder
Brett Henkel
Controller
Karen Miller
VP - Product Management
Guy Pearson
VP - R & D
Pierre Hovington
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