VANCOUVER, British Columbia and CALGARY, Alberta, March 18, 2021 (GLOBE NEWSWIRE) — Suncor and Svante Inc. today announced an equity financing agreement which provides Svante with the additional growth capital to accelerate the commercialization of Svanteâs novel second generation CO2 capture technology in North America for the decarbonization of industrial emissions and hydrogen production.
Combined, Suncor and a number of family office investors have invested $25 million USD of equity financing, bringing the total proceeds raised under Svanteâs Series D financing to … Continue Reading