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Svante

Building the carbon dioxide marketplace via breakthrough carbon capture technology.

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Claude Letourneau

President & CEO at Svante

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Employees 101–200
Headquarters Vancouver, British Columbia, Canada
Carbon is the backbone of the global economy. As the Earth's population swells to 8 billion and the global energy sector looks for solutions to reduce or even offset its carbon footprint, greenhouse gas emissions continue to pose one of the biggest challenges of our time. Svante is building a carbon dioxide marketplace using second-generation carbon capture technology at half the cost of solvent-based systems. At this price point, Svante' first-of-its-kind demonstration plant will unlock an enormous and lucrative opportunity -- carbon capture utilization and storage (CCUS) -- by enabling a mass market for bulk carbon dioxide. The company's goal is to create a circular economy that values carbon dioxide. By stimulating new ways to create durable products and processes that recycle and sequester carbon dioxide, the technology can help companies generate clean growth while also reducing greenhouse gas emissions. Svante is initially focused on distributed carbon dioxide projects offering a solution for 30-5000 tons per day, and the company is currently operating a 30 TPD demonstration plant with Husky Energy on a CO_-EOR site in Saskatchewan. and building a 1 TPD pilot plant at Lafarge cement plant in Richmond, BC, Canada.

Currently Operating in Ten Regions

Press Mentions

January 29, 2019

The 2019 Global Cleantech 100

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January 20, 2023

OGCI Climate Investments continues to back Svante

Read on Hydrocarbon Engineering »

December 15, 2022

Svante raises US$318M as Chevron backs made-in-B.C. carbon capture tech

Read on Business in Vancouver »

July 7, 2021

Svante Receives $25 Million From Government of Canada for Carbon Capture

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February 2, 2021

Svante Raises $75 Million to Decarbonize Cement and Hydrogen Production

Read on businesswire »

December 30, 2020

VCs share the 46 climate-tech startups that are set to soar in 2021

Read on Business Insider »

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