What is pHathom?
Founded in 2024, pHathom is a Canadian cleantech enterprise focused on developing scalable and high-integrity carbon capture and storage (CCS) technologies. The company's innovative approach is engineered to mitigate emissions from existing industrial facilities without negatively impacting ocean chemistry or ecosystems. pHathom's solutions are designed to align with stringent domestic and international climate governance frameworks, positioning it as a key player in the permanent carbon removal sector and contributing to global net-zero objectives. The company emphasizes a blend of scientific expertise and collaborative efforts across industry and policy spheres to drive its mission forward.
How much funding has pHathom raised?
pHathom has raised a total of $4M across 1 funding round:
Seed
$4M
Seed (2026): $4M with participation from Carmeuse, New Brunswick Innovation Foundation, Invest Nova Scotia, and Propeller
Key Investors in pHathom
Carmeuse
Carmeuse, a Belgian mining company specializing in lime and limestone production, provides industrial backing for pHathom's cleantech initiatives.
New Brunswick Innovation Foundation
The New Brunswick Innovation Foundation (NBIF) is a venture capital entity supporting early-stage startups, particularly those focused on climate impact, aligning with pHathom's mission.
Propeller
Propeller Ventures is an early-stage venture fund with a specific focus on climate-tech startups operating at the ocean-climate nexus, making them a strategic partner for pHathom.
What's next for pHathom?
The substantial enterprise-level funding indicates pHathom is poised for significant scaling and market penetration. This capital injection is expected to accelerate the development and deployment of its advanced carbon capture technology, potentially enabling the company to establish new partnerships and expand its operational footprint. With a clear focus on sustainable climate solutions, pHathom is strategically positioned to capitalize on the growing demand for effective carbon reduction strategies, further solidifying its contribution to achieving global net-zero targets.
See full pHathom company page
