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Canada's $15bn Growth Fund invests $100m in clean tech company Svante for carbon capture tech development.
Canada's $15bn Growth Fund invests up to $100m in Svante, a Canadian clean tech company specializing in carbon capture tech.
Funds will speed up development of commercial-scale carbon capture & removal projects, supporting 300 jobs.
Svante, with headquarters in BC, creates filters to capture CO2 from heavy-emitting industries.
The investment aligns with Canada Growth Fund's goal to support Canadian clean tech companies in the commercialization stage and accelerates the deployment of Svante's innovative carbon capture technology.
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El Fondo de Crecimiento de Canadá invierte $100 millones en la compañía de tecnología limpia Svante para el desarrollo de tecnología de captura de carbono.