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Svante Receives $25 Million From Government of Canada for Carbon Capture

Svante Receives $25 Million From Government of Canada for Carbon Capture
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Suncor Energy invests in carbon capture technology company Svante

Suncor Energy invests in carbon capture technology company Svante
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Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU

Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU
Chart Industries Invests $15 million in Svante Inc. and Signs Commercial Carbon Capture MOU
VANCOUVER, British Columbia and ATLANTA, Feb. 02, 2021 — Svante Inc. and Chart Industries Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment for the energy and industrial gas markets, have entered into a binding commercial Memorandum of Understanding (“MOU”). The MOU establishes how the companies will explore commercial opportunities as channel to market preferred partners and collaborate to develop an integrated carbon capture solution using Svante’s rapid adsorption technology and Chart’s cryogenic carbon capture technology to make high-purity CO

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Svante Raises $75 Million to Decarbonize Cement and Hydrogen Production

Press release content from Business Wire. The AP news staff was not involved in its creation.
Svante Raises $75 Million to Decarbonize Cement and Hydrogen Production
February 2, 2021 GMT
Svante Raises $75 Million to Decarbonize Cement and Hydrogen Production (Photo: Business Wire)
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb 2, 2021--
Svante Inc. announced that it has successfully closed USD $75 million of Series D equity financing, the largest private investment into point source carbon capture globally to date. The financing was led by Temasek and includes strategic investors Chart Industries (’’Chart”) (NYSE: GTLS), Carbon Direct and Export Development Canada (EDC). Existing investors OGCI Climate Investments, BDC Cleantech Practice, Chevron Technology Ventures, The Roda Group and Chrysalix Venture Capital also participated in the round, reflecting strong on-going support for the Company, including its market strategy and recent progress.

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Carbon Direct Makes First Investment in Svante Carbon Capture Company

Carbon Direct Makes First Investment in Svante Carbon Capture Company
Carbon Direct Makes First Investment in Svante Carbon Capture Company
Carbon Direct Capital Management LLC announced that it has closed its first equity investment into Vancouver-based Svante Inc, a global carbon capture technology leader using proprietary solid structured adsorbent nano-filters to prevent climate-relevant amounts of CO
2 from going into our atmosphere or removing them from air. On February 2, 2021, Svante closed its USD $75 million Series D equity financing. Carbon Direct was a significant participant in the round, which was led by Temasek. Following the Series D financing, Jonathan Goldberg, the CEO of Carbon Direct, will join Svante’s board as an observer.

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