United Airlines Invests $15M In Carbon Capture Firm Svante
PRIVATEMar 30, 2023
Amount Raised
$15 Million
Round Type
Funding Round
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Description
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.
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Company Information
Company
Svante
Location
Burnaby, British Columbia, Canada
About
Svante offers companies in emission-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 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu. To learn more about Svante, click here or visit www.svanteinc.com.
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