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Start-ups

Carbon capture firm Inventys raises $26 million

by Michael McCoy
June 29, 2019 | APPEARED IN VOLUME 97, ISSUE 26

 

Inventys, a Canadian carbon capture technology firm, has raised $26 million in series C funding from investors, including Husky Energy and Chevron Technology Ventures. Inventys uses a combination of a structured adsorbent and temperature-swing adsorption to capture CO2from industrial facilities. The firm says it will use the funds to complete a 30-metric-ton-per-day demonstration plant in Saskatchewan.

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