Fundz

Deep Sky raised $40 million in a grant led by Breakthrough Energy to create a Canadian testing ground for carbon capture technologies.

PRIVATEDec 18, 2024

Amount Raised

$40 Million

Round Type

Grant

Renewable EnergyEnvironmental Services

Investors

Bill GatesBreakthrough Energy

Description

Breakthrough Energy, a firm founded by Bill Gates, is providing a $40 million grant to Deep Sky for the development of the 'Alpha' Direct Air Capture (DAC) test ground in Alberta. The facility is aimed at accelerating the rollout of carbon capture technologies by allowing eight companies to test and refine their methods. The first system is set to start removing carbon next spring.

Quick answer

Deep Sky raised $40 Million in a Grant round, dated December 18, 2024. Investors: Bill Gates and Breakthrough Energy.

How much did Deep Sky raise?
Deep Sky raised $40 Million in a Grant round on December 18, 2024.
Who invested in Deep Sky?
Bill Gates and Breakthrough Energy are named as investors in this round.
What does Deep Sky do?
Deep Sky is a developer of a CO2 removal infrastructure designed to reduce the carbon footprint.
Who are the decision-makers at Deep Sky?
Fundz holds 1 contact at Deep Sky. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Environmental Services around the same time

Companies in the same sectors as Deep Sky that raised within 45 days of this round, from Fundz verified event records.

  • Origen raised $13M (Series A) on January 16, 2025.
  • SeaO2 raised $2M (Seed) on November 5, 2024.
  • Global Atomic raised $4.4M (Seed) on January 31, 2025.
  • Oxyle raised $16M (Seed) on January 30, 2025.
  • Stardust Solar Energy raised $10K (Seed) on January 29, 2025.
  • Gridio raised $2.5M (Seed) on January 29, 2025.

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Company Information

Company

Deep Sky

About

Deep Sky is a developer of a CO2 removal infrastructure designed to reduce the carbon footprint. Deep Sky provides CO2 collection and storage services powered by renewable energy at scale, allowing the compliance, voluntary, and government procurement industries to profitably charge more.

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Deep Sky raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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