Svante

Dimensional Energy Secures $20 Million Series A Funding

Retrieved on: 
Tuesday, December 12, 2023
Other Transport, Green Technology, Aerospace, Manufacturing, Environment, Air, Transport, Other Science, Sustainability, Socially Responsible Investing, Professional Services, Science, Other Natural Resources, Other Energy, Alternative Energy, Natural Resources, Energy, Recycling, Carbon, Aviation biofuel, Elemental, Workforce, Cornell University, CO2, Multimedia, Oregon Trail, SAF, Oak Ridge National Laboratory, Partner, PTL, Svante, Community engagement, Community, Partnership, Aviation, Dimension, Growth, Microsoft, LCA, Renewable energy, 3D printing

Dimensional Energy, Inc., a global leader in cutting-edge carbon utilization technology, Sustainable Aviation Fuel (SAF) production and advanced carbon emissions-derived fuels and materials, announces the successful closure of a $20 million Series A funding round.

Key Points: 
  • Dimensional Energy, Inc., a global leader in cutting-edge carbon utilization technology, Sustainable Aviation Fuel (SAF) production and advanced carbon emissions-derived fuels and materials, announces the successful closure of a $20 million Series A funding round.
  • B Corporation status provides a framework for companies to continually improve positive impact for all stakeholders while maintaining exceptional financial performance,” said Dimensional Energy CEO Jason Salfi.
  • “We are excited to be supporting Dimensional Energy, a clear leader in power-to-liquid sustainable aviation fuel production which is much needed in decarbonizing a hard to abate industry like aviation.
  • The substantial Series A round funding, combined with committed third-party project financing, positions Dimensional Energy for significant growth, enabling the company to rapidly achieve commercial scale and expand its portfolio of high-value, financially attractive projects.

Svante and Storegga Collaborate to Deliver Global Commercial-Scale Carbon Capture, Utilization, and Storage Projects

Retrieved on: 
Tuesday, October 17, 2023
Green Technology, Alternative Energy, Energy, Environment, Sustainability, CO2, DAC, Deepchill Technologies Inc., Transport, Carbon, CCUS, Memorandum of understanding, Coal, Renewable energy, Svante

Svante Technologies Inc. (Svante) and Storegga today announced that they have signed a memorandum of understanding (MoU) to collaborate to deliver integrated carbon capture, utilization, and storage (CCUS) projects around the world.

Key Points: 
  • Svante Technologies Inc. (Svante) and Storegga today announced that they have signed a memorandum of understanding (MoU) to collaborate to deliver integrated carbon capture, utilization, and storage (CCUS) projects around the world.
  • The two companies will work together to identify, develop, and deploy large CCUS projects, aiming to significantly reduce carbon emissions.
  • The collaboration leverages Svante’s environmentally responsible carbon capture and removal filter technology and Storegga’s expertise in the transportation and storage of CO2.
  • Storegga provides an end-to-end, integrated, carbon capture and storage service for CO2 emitters utilising net zero infrastructure including carbon capture and storage projects and hydrogen projects.

Svante Secures Commercial Supply of MOF Advanced Sorbent Materials with BASF for Carbon Capture Market

Retrieved on: 
Tuesday, October 10, 2023
Chemicals, Plastics, Environment, Oil, Gas, Manufacturing, Green Technology, Energy, Other Manufacturing, Paper, Multimedia, BASF, Nitrogen, Aluminium, CO2, Carbon, Carbon dioxide, Steel, Steam, MOF, Hydrogen, Bed, Research, CCS, Water, Coal, Svante, Science

Svante announced today that it has entered into an arm’s length Commercial Supply Agreement with BASF to scale up its proprietary sorbent material, Calgary Framework 20 (CALF-20), used in Svante’s carbon capture process.

Key Points: 
  • Svante announced today that it has entered into an arm’s length Commercial Supply Agreement with BASF to scale up its proprietary sorbent material, Calgary Framework 20 (CALF-20), used in Svante’s carbon capture process.
  • View the full release here: https://www.businesswire.com/news/home/20231010178949/en/
    Svante's metal-organic framework (MOF), CALF-28, used for the company's novel carbon capture filter technology, is to be manufactured by BASF at commercial scale.
  • This commercial supply agreement with BASF will unlock the next phase of Svante’s growth, scaling carbon capture filter manufacturing up to multi-million-tonne capacity and implementing hundreds of large-scale carbon capture and storage (CCS) facilities by 2030.
  • “This MOF material, combined with our proprietary structured adsorption filters, is a game-changer for the carbon capture and removal industry.

Samsung Engineering & Svante Unite in MoU for Carbon Capture Advancements in Asia and the Middle East

Retrieved on: 
Thursday, October 5, 2023
Environment, Technology, Environmental Issues, Engineering, Environmental Health, Other Technology, Sustainability, Manufacturing, Green Technology, Hardware, Multimedia, EPC, Memorandum of understanding, CO2, Carbon, Steel, Samsung, CCUS, Samsung Engineering, DAC, Hydrogen, Natural gas, Renewable energy, Svante

The two companies will also explore design iterations of Svante’s post-combustion carbon capture plants.

Key Points: 
  • The two companies will also explore design iterations of Svante’s post-combustion carbon capture plants.
  • The MoU was signed during the ADIPEC 2023 conference in Abu Dhabi, UAE on October 4, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231004688582/en/
    Samsung Engineering and Svante Signing Ceremony at ADIPEC in Abu Dhabi on October 4th, 2023.
  • Svante has developed a unique, environmentally responsible carbon capture and removal technology, which employs what it calls “structured adsorbent beds”, known as “filters”.

Carbon Removal Leaders Deep Sky and Svante Partner to Study Carbon Storage Feasibility in Southern Quebec, Canada

Retrieved on: 
Thursday, August 17, 2023
Environment, Research, Other Energy, Environmental Health, Alternative Energy, Sustainability, Green Technology, Energy, Science, Carbon, Partnership, Bed, Hydrogen, Direct air capture, Multimedia, DAC, Natural Resources, CDR, St. Lawrence River, Deep-sky object, CO2, Environmental remediation, Renewable energy, Svante

Canada’s leading carbon removal project developer, Deep Sky , has joined forces with carbon capture and removal solutions provider Svante Technologies Inc. (Svante) to evaluate the feasibility of sequestering CO2 in Southern Quebec.

Key Points: 
  • Canada’s leading carbon removal project developer, Deep Sky , has joined forces with carbon capture and removal solutions provider Svante Technologies Inc. (Svante) to evaluate the feasibility of sequestering CO2 in Southern Quebec.
  • The duo has engaged carbon management consulting firm Sproule to complete the geological subsurface research.
  • View the full release here: https://www.businesswire.com/news/home/20230817708842/en/
    Deep Sky is working to build large-scale carbon removal and storage infrastructure in Canada.
  • As a project developer, the company is bringing together the most promising carbon dioxide removal technologies to commercialize solutions at scale.

Svante Named a World’s Top 100 Private Deep Tech Companies & Finalist in the 2023 Tech Innovation Awards

Retrieved on: 
Tuesday, June 20, 2023
Sustainability, Environment, Other Manufacturing, Alternative Energy, Energy, Environmental Health, Green Technology, Manufacturing, Carbon, Climate, General counsel, Atmosphere, Carbon dioxide, GE, Temasek, Climate change, MOF, Tias, XPRIZE, Imagination, CO2, CCUS, Cryptocurrency, Renewable energy, Pharmaceutical industry, Svante

Carbon capture and removal solutions provider, Svante Technologies Inc. (Svante), announced today that it has been recognized on the XB100 , a notable ranking of the world’s top 100 private deep tech companies published by XPRIZE and Bessemer Venture Partners.

Key Points: 
  • Carbon capture and removal solutions provider, Svante Technologies Inc. (Svante), announced today that it has been recognized on the XB100 , a notable ranking of the world’s top 100 private deep tech companies published by XPRIZE and Bessemer Venture Partners.
  • The company has also been recognized as a finalist in the BC Tech 2023 Technology Impact Awards (TIAs).
  • Svante has been headquartered in BC, Canada since 2007 and has made sizable advancements in the global carbon capture, utilization, and storage (CCUS) space since then.
  • “The companies on the XB100 list represent the most valuable and impactful private companies in the deep tech sector,” said Tess Hatch, partner at Bessemer Venture Partners.

3M Forward highlights major global trends, and how 3M materials science innovations help the world build a brighter future

Retrieved on: 
Monday, May 22, 2023
Carbon, 3M, Urbanization, Science, Microsoft Teams, Partnership, Freedom, Education, Atmosphere, Ipsos, Carbon dioxide removal, COVID-19, Direct air capture, Microsoft, Software, Research, Sale, VR, Natural Resources, Svante, CDR, Climate change, Nature, Collection, Patient, Work, Commerce, Social change, Virtual reality, Artificial intelligence, Growth, Bacteria, R, Environment, Virus, DAC, Automation, Telescopic sight, Fine chemical, Renewable energy

ST. PAUL, Minn., May 22, 2023 /PRNewswire/ -- 3M Forward is a program that highlights how materials science-based innovation at scale can help society progress amid three unstoppable forces shaping our planet: climate change and resource scarcity, shifting demographics and social change and convergence of the physical and digital worlds. As part of 3M Forward, 3M scientists, engineers and experts share how their solutions are helping to build a brighter future.

Key Points: 
  • As part of 3M Forward, 3M scientists, engineers and experts share how their solutions are helping to build a brighter future.
  • "The forces highlighted in 3M Forward are disruptive in nature, but we see them as catalysts for advances in science."
  • The outcomes and impact of 3M's global portfolio and deep expertise allow the company to offer scalable scientific solutions and help build a brighter future for all.
  • To learn more about how 3M solutions are improving lives around the world, and where 3M is focused on innovating next, visit 3M.com/Forward .

3M and Svante Announce Joint Development Agreement to Develop and Produce CO2 Removal Products

Retrieved on: 
Tuesday, May 16, 2023
Other Manufacturing, Research, Environment, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, Science, Other Science, N95 respirator, Partnership, JDA, Hydrogen, Aluminium, Safety, COVID-19, Steel, Carbon, Sale, Plant, CDR, Climate change, CO2, NYSE, Renewable energy, Svante, N95

3M (NYSE: MMM) is expanding its ongoing commitment to materials science-based climate tech solutions by working with BC-based Svante Technologies, Inc. (Svante) to develop material that can trap carbon dioxide (CO2) found in the atmosphere and permanently remove it.

Key Points: 
  • 3M (NYSE: MMM) is expanding its ongoing commitment to materials science-based climate tech solutions by working with BC-based Svante Technologies, Inc. (Svante) to develop material that can trap carbon dioxide (CO2) found in the atmosphere and permanently remove it.
  • “3M is committed to helping build a low-carbon economy.
  • “3M is another great addition to our network of world-class strategic partners and investors,” said Claude Letourneau, Svante’s president and chief executive officer.
  • Because of the wide array of markets the company serves, Letourneau says Svante’s technology can be applied to 85% of the total carbon capture and removal segment.

3M and Svante announce joint development agreement to develop and produce carbon dioxide removal products

Retrieved on: 
Tuesday, May 16, 2023
N95 respirator, Partnership, JDA, Climate, Hydrogen, Aluminium, Safety, COVID-19, Human, Direct air capture, Research, Steel, Carbon, Sale, DAC, Plant, CDR, Climate change, CO2, NYSE, Renewable energy, Svante, N95

ST. PAUL, Minn., May 16, 2023 /PRNewswire/ -- 3M (NYSE: MMM) is expanding its ongoing commitment to materials science-based climate tech solutions by working with Svante Technologies, Inc. (Svante) to develop material that can trap carbon dioxide (CO2) found in the atmosphere and permanently remove it.

Key Points: 
  • 3M and Svante will partner to develop Direct Air Capture (DAC) products for the carbon dioxide removal (CDR) industry, driving their shared commitment to find materials science-based solutions to achieve net-zero emissions and combat global warming.
  • ST. PAUL, Minn., May 16, 2023 /PRNewswire/ -- 3M (NYSE: MMM) is expanding its ongoing commitment to materials science-based climate tech solutions by working with Svante Technologies, Inc. (Svante) to develop material that can trap carbon dioxide (CO2) found in the atmosphere and permanently remove it.
  • 3M Ventures, the venture capital arm of 3M, recently participated in Svante's Series E fundraising round, which raised $318 million to accelerate the manufacturing of Svante's carbon capture and removal technology.
  • The joint development agreement (JDA) between 3M and Svante focuses on the development and manufacture of solutions using parallel channel structured adsorbent technology for sale into the carbon dioxide removal (CDR) industry.

Lafarge Canada in Partnership with Svante and Dimensional Energy To Begin Utilization of CO2 Captured at Richmond Cement Plant

Retrieved on: 
Monday, May 15, 2023
Chemicals, Plastics, Other Energy, Manufacturing, Oil, Gas, Nuclear, Alternative Energy, Energy, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Natural Resources, Environment, Sustainability, Natural Resources, Carbon, Department of Sustainability, Environment, Water, Population and Communities, Plastic, Partnership, Wax, LCA, ISO, Multimedia, Cosmetics, Lafarge, Toyota Canada Inc., Lubricant, Framework, MOF, Nature, Growth, Transport, Lafarge (company), CO2, Dimension, Renewable energy, Coal, Svante

Lafarge Canada Inc. today announced a tri-party agreement with Svante Technologies Inc., and Dimensional Energy, Inc to bring a demonstration of Dimensional Energy’s carbon dioxide utilization technology to their cement manufacturing facility located in Richmond, British Columbia, Canada.

Key Points: 
  • Lafarge Canada Inc. today announced a tri-party agreement with Svante Technologies Inc., and Dimensional Energy, Inc to bring a demonstration of Dimensional Energy’s carbon dioxide utilization technology to their cement manufacturing facility located in Richmond, British Columbia, Canada.
  • View the full release here: https://www.businesswire.com/news/home/20230512005350/en/
    In 2019, through a joint industry partnership between Svante, Total S.A., and Lafarge, Svante installed Project CO₂MENT ; a demonstration carbon capture plant to capture 1 tonne per day (1TPD) of CO2 emissions from Lafarge’s operations at the Richmond Cement Plant.
  • Throughout the project, Lafarge has directed efforts to determine a suitable end use for the captured CO2.
  • Phase 3 will convert the 1TPD CO2 captured by Svante to produce approximately 1.5 barrels per day of synthetic hydrocarbons.