Published on: April 8, 2019
NELSON BENNETT, BUSINESS IN VANCOUVER
B.C. clean-tech companies taking lead in capturing the growing carbon market
In the Canadian carbon-capture space, Carbon Engineering has been grabbing most of the headlines lately.
The B.C. company recently closed a $90 million (US$68 million) equity financing round and is working to build its first commercial-scale direct-air capture plant. One of the products it can make with carbon captured from the air is a carbon-neutral jet fuel.
But another B.C. company, Svante Inc. (formerly Inventys), has also been landing some serious financing recently and inking multimillion-dollar partnerships with industry.