Tech Company Financing Transactions
Inventys Funding Round
Inventys, operating out of Burnaby BC, received $5 million in funding from BDC Venture Capital.
Transaction Overview
Company Name
Announced On
2/7/2019
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series C
Investors
BDC Venture Capital (Susan Rohac)
Proceeds Purpose
The funds will be used to complete the Company's 30-tonne-per-day (TPD) CO2 capture demonstration plant project with Husky Energy, currently in the final construction stages and due to begin operations in Q2-2019.
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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