United Airlines Invests $15M In Carbon Capture Firm Svante
03/30/23, 7:07 PM
Location
Money raised
$15 million
The investment was made as part of Svante's Series E financing and will fund and support the company's commercial-scale filter manufacturing facility in Vancouver.
Company Info
Location
8800 glenlyon parkway
burnaby, british columbia, canada
Additional Info
Svante offers companies in emissions-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu, Chairman Steven Berkenfeld former Head of Industrial & Cleantech Practice at Barclays Capital, and CEO of OGCI Climate Investments Pratima Rangarajan. To learn more about Svante’s technology, click here or visit Svante’s website at www.svanteinc.com, LinkedIn or Twitter (@svantesolutions).