What is Svante?
Svante is an environmental technology firm specializing in the development of commercially viable carbon capture, utilization, and storage (CCUS) solutions. The company provides emissions-intensive industries with a scalable, cost-effective methodology to capture CO2 directly from existing industrial infrastructure. By enabling the safe storage or recycling of captured carbon in a closed-loop system, Svante addresses the urgent need for decarbonization in sectors such as cement, steel, and hydrogen production. Its market position is defined by its ability to integrate seamlessly into legacy facilities, offering a pragmatic pathway for heavy industry to meet stringent environmental, social, and governance (ESG) mandates.
How much funding has Svante raised?
Svante has raised a total of $442.6M across 4 funding rounds:
Series B
$7.8M
Series C
$16.8M
Series D
$100M
Series E
$318M
Series B (2017): $7.8M with participation from Chrysalix Venture Capital, The Roda Group, and Husky Energy
Series C (2019): $16.8M led by The Oil and Gas Climate Initiative
Series D (2021): $100M supported by Carbon Direct, The Oil and Gas Climate Initiative, Export Development Canada, Chart Industries, Chevron, BDC Cleantech Practice, Suncor, The Roda Group, Temasek, and Chrysalix Venture Capital
Series E (2022): $318M featuring Temasek, Full Circle Capital, Samsung Engineering, 3M, and Chevron
Key Investors in Svante
Temasek
Founded in 1974, Temasek is a global investment company headquartered in Singapore. We are a generational investor, seeking to make a difference always with tomorrow in mind.
Chevron
Chevron Corporation is an integrated energy company involved in exploration, production, and carbon capture and storage, operating globally across both upstream and downstream segments.
Chrysalix Venture Capital
Chrysalix Venture Capital is a leading global venture capital fund that specializes in investing in resource-intensive industries across North America and Europe, focusing on high-value industrial innovation.
What's next for Svante?
With the successful completion of its latest funding round, Svante is well-positioned to scale its manufacturing capacity and expand its global footprint. The strategic infusion of capital will likely be directed toward the commercialization of its filter-based capture technology and the execution of large-scale pilot projects. As the regulatory landscape for carbon pricing tightens, Svante's ability to provide a scalable, low-cost solution for industrial emissions will be a primary driver of its future growth. The company is expected to focus on deepening partnerships with major energy and industrial conglomerates to solidify its role as a foundational provider of carbon management infrastructure.
See full Svante company page
