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Carbon Direct announced that it has closed its first equity investment

Funding

It has invested $75 million into the Vancouver-based Svante Inc.

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 CO2 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.

Click here for the press release.

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The CO2 Smart Use website aims to connect all parties involved in CCU in the Netherlands, whether they are national or international players. We are therefore looking for all businesses in the Netherlands who already work on CCU, what they do, and who they’d like to get into contact with. What do you have to offer for the Dutch context?

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