Svante Raises US$318 Million in Series E Round, Led by Chevron New Energies

Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante’s Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svante’s carbon capture technology.
Carbon Capture & Removal Solutions Provider, Svante, Responds to the US’s New Inflation Reduction Act

The following is an official statement about the US’s enactment of the Inflation Reduction Act, made by Claude Letourneau, President and CEO of leading Canadian carbon capture and removal solutions provider, Svante.
Cross Carbon Ventures Announces Formation of Carbon Capture Development Partnership

Vancouver, BC/ Calgary, AB/Greenwich, CT, July 30, 2021 – Svante Inc., Enbridge Inc. (TSX: ENB) (NYSE: ENB), Cross River Infrastructure Partners LLC, and OTS Ltd., have entered into a commercial Memorandum of Understanding that establishes Cross Carbon Ventures (CCV), an independent carbon capture development partnership. CCV will explore commercial opportunities in North America to develop, […]