Bulletin: Svante receives $25M from the federal government's Strategic Innovation Fund for carbon capture technology

The investment comes from the federal government's Net Zero Accelerator initiative and brings Svante's total funding to more than $240 million since it was founded in 2007.

Jul 07, 2021

∙ Paid

Svante Inc. announced that the Government of Canada made a $25 million investment to support the industrialization and commercialization of its novel low-cost carbon capture technology within the North American market.

Carbon capture is a technology that can recover up to 95% of the carbon dioxide (CO2) emissions produced from the use of fossil fuels in …

Bulletin: Svante receives $25M from the federal government's Strategic Innovation Fund for carbon capture technology

The investment comes from the federal government's Net Zero Accelerator initiative and brings Svante's total funding to more than $240 million since it was founded in 2007.

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