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.

August 15, 2024
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