Inventys, a leading carbon technology company, has announced the closing on a $5m investment from BDC’s Cleantech Practise, as well as an additional follow-on investment from existing shareholder Chevron Technology Ventures.
The current total proceeds received under the Series C Financing, led by the OGCI Climate Investments, is now at $16m out of a total round of $21m. Inventys is hoping to close the final $5m before the end of June (2019).
The funds will be used to complete the company’s 30-tonne-per-day CO2 capture demonstration plant project with Husky Energy. The project is currently in final construction stages, set to be operational Q2 (2019).
... to continue reading you must be subscribed
