Cement News tagged under: Svante Inc

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Cross Carbon Ventures targets carbon capture in heavy industries

10 August 2021, Published under Cement News

Svante Inc, Cross River Infrastructure Partners LLC and OTS Ltd, have entered into a commercial Memorandum of Understanding (MoU) that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership.   CCV will explore commercial opportunities in North America to develop, build, own and operate carbon capture projects for carbon intensive industries seeking to decarbonise their operations.  CCV will leverage Svante’s innovative technology to capture carb...

Svante Inc secures US$75m funding for carbon capture projects

03 February 2021, Published under Cement News

Svante Inc has announced that it has successfully closed US$75m 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, 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, r...