Tech Company Financing Transactions

Svante Funding Round

Carbon Direct, Chart Industries and Export Development Canada joined a $75 million Series D funding round for Svante. This venture round closed on 2/4/2021.

Transaction Overview

Company Name
Svante
Announced On
2/4/2021
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series D
Investors

Carbon Direct (Lead Investor)

Chart Industries (Lead Investor)

Export Development Canada (Lead Investor)

Temasek Holdings (Lead Investor)

BDC Venture Capital

Chevron Technology Ventures

Chrysalix Energy Venture Capital

OGCI Climate Investments

The Roda Group

Proceeds Purpose
The company intends to use the funds to advance a number of initiatives over the next three years, including work to support several commercial scale carbon capture facilities to address hard-to-abate emissions from industrial operations (such as cement manufacturing, blue hydrogen production and natural gas boilers).

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
8528 Glenlyon Pkwy. 143
Burnaby BC, V5J 0B6
Canada
Phone
(604) 456-0504
Website
www.svanteinc.com
Email Address
[email protected]
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
Svante LinkedIn Company Profile
Social Media
Svante Company Twitter Account
Company News
Svante News
Facebook
Svante on Facebook
YouTube
Svante on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Claude Letourneau
  Claude Letourneau LinkedIn Profile  Claude Letourneau Twitter Account  Claude Letourneau News  Claude Letourneau on Facebook
Chief Financial Officer
Matthew Stevenson
  Matthew Stevenson LinkedIn Profile  Matthew Stevenson Twitter Account  Matthew Stevenson News  Matthew Stevenson on Facebook
Co-Founder
Brett Henkel
  Brett Henkel LinkedIn Profile  Brett Henkel Twitter Account  Brett Henkel News  Brett Henkel on Facebook
Controller
Karen Miller
  Karen Miller LinkedIn Profile  Karen Miller Twitter Account  Karen Miller News  Karen Miller on Facebook
VP - Product Management
Guy Pearson
  Guy Pearson LinkedIn Profile  Guy Pearson Twitter Account  Guy Pearson News  Guy Pearson on Facebook
VP - R & D
Pierre Hovington
  Pierre Hovington LinkedIn Profile  Pierre Hovington Twitter Account  Pierre Hovington News  Pierre Hovington on Facebook

 

 

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