Tech Company Financing Transactions
Inventys Funding Round
Inventys, based in Burnaby BC, secured $10 million in investment from BDC Venture Capital, Chevron Technology Ventures and Husky Energy.
Transaction Overview
Company Name
Announced On
6/26/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
BDC Venture Capital (Susan Rohac)
OGCI Climate Investments (Pratima Rangarajan)
Proceeds Purpose
The funds will be used to complete the Company's 30-tonne-per-day (TPD) CO2 capture plant demonstration project with Husky Energy in Saskatchewan, Canada, currently in the commissioning stage and due to begin operations in Q3-2019.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Wayne Thomson
Chief Executive Officer
Claude Letourneau
Controller
Karen Miller
VP - Finance
Matthew Stevenson
VP - Manufacturing
Daryl Musselman
VP - R & D
Pierre Hovington
VP - Regulatory Affairs
Brett Henkel
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We do our best to record tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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