Svante Closes CAD$10M Equity Investment with Husky Energy as Lead Investor

Financing supports the deployment of a next-gen carbon capture pilot plant at Husky’s Pikes Peak South Lloyd thermal project VANCOUVER, British Columbia — Tuesday, July 11, 2017 — Svante (formerly Inventys Thermal Technologies), the developer of the VeloxoTherm™ System, a carbon dioxide (CO2) capture process, today announced that it has closed an equity financing with Husky […]

Svante Closes $10 Million Financing from Husky for Heavy Oil CO₂ Capture Technology

Burnaby, B.C.-based Svante (formerly Inventys Thermal Technologies) is moving forward with a 30-tonne per day pilot plant to capture CO2 at a Husky Energy steam generator for enhanced oil recovery after closing a $10 million equity financing led by the oil producer. Svante’s next-gen CO2 capture technology will be deployed at Husky’s Pikes Peak South […]