We’re named after Svante Arrhenius, one of the first scientists to identify the correlation between increased CO₂ in the atmosphere and the warming of the Earth’s surface.

2007-2015

Founded by four professionals from the gas purification and separation industry
Turned their expertise specifically towards the resolution of CO2 capture challenges
R&D facility opened in Vancouver, BC, Canada
First proprietary CO2 capture machine designed and built to capture half a ton of carbon per day
Signed R&D agreement with Suncor
Series A&B: Roda Group, Mitsui, Chevron and Chrysalix
Secured bench-scale demo project funding with Canada, Province of Alberta and UK
Nobel Laureate and former U.S. Secretary of Energy Steven Chu joins board

2016-2018

Signed agreement with Cenovus, formerly Husky Energy, for a 30 tonne per day pilot plant in Saskatchewan (SK), Canada
Appointed Claude Letourneau as President & CEO
Round B-II closed, led by Cenovus
Signed collaboration agreement with Total Energies and Holcim

2019

World’s first 30 TPD CO2 capture plant comes online in SK, Canada
CO2MENT Pilot Plant Project at Lafarge Canada in Richmond, BC, Canada, capturing one tonne per day for its use in building materials
Listed on the 2019 Global Cleantech 100
Process demonstration unit commissioned at Total Energies’ R&D center in Pau, France
Completed Series C Funding led by OGCI Climate Investment
Rebranded from Inventys Inc. to Svante Inc.
Formed Cross Capture Venture (CCV) Partnership with Enbridge, Cross River Infrastructure Partners and OTS to develop industrial-scale CCS projects (CCV) in North America

2020-2021

Launched study for carbon capture demonstration plant with Chevron Technology Ventures in Bakersfield, California
Signed Joint Development Agreement (JDA) with Climeworks for Direct Air Capture application
Listed in the 2021 Cleantech Top 100
Launched commercial-scale pre-FEED study with LafargeHolcim, OLCV, and Total Energies for LafargeHolcim cement plant in Florence, CO, USA
Partnered with Kiewit Engineering to form the Kiewit Svante Industrial Alliance (KSI), to design and build industrial-scale carbon capture projects across North America
Partnered with Technip Energies to develop industrial scale carbon capture projects in Europe
Received $21.4 million in US federal funding for cost-shared R&D from the DOE-NETL
Publication in Science about Svante’s novel Metal Organic Framework (MOF) sorbent for carbon capture
Signed Joint Development Agreement with BASF for industrialization of MOF sorbent synthesis
Closed USD $100M in Series D equity financing led by Temasek, the largest private investment in point source carbon capture at the time
Received CDN$25 million investment from Government of Canada to support industrialization and commercialization

2022 & Beyond

Formed partnership with CO280 as a project developer for bio-capture applications
Launched construction of new world headquarters, The Centre of Excellence for Carbon Capture & Removal, in Burnaby, BC, Canada
Ranked 2nd among private companies in Corporate Knights’ Future 50 Fastest Growing Sustainable Companies in Canada
Chevron demo carbon capture plant launched in Bakersfield, CA, USA
Signed Commercial Agreement with BASF for large scale production of MOF sorbent materials
Closed US$318 million in Series E financing round, led by Chevron New Energies

Carbon Capture in 60 Seconds Video