Published on: May/June 2017
CLEANTECH CANADA STAFF
Feds invest $275K in West Coast Carbon Capture Firm Svante
Company will use funds to continue development work on adsorption tech.
BURNABY, B.C.—A cleantech startup in the Vancouver suburbs is getting a more than quarter-million-dollar boost from the federal government.
The National Research Council of Canada (NRCC) has announced it will invest $275,000 in Burnaby-based carbon capture firm Svante Inc. (formerly Inventys Thermal Technologies), which is working to develop a post-combustion solid adsorbent technology known as VeloxoTherm.