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Feds Invest $275K in West Coast Carbon Capture Firm Svante

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Company will use funds to continue development work on adsorption tech.

BURNABY, B.C.—A cleantech startup in the Vancouver suburbs is getting a more than quarter-million-dollar boost from the federal government.

The National Research Council of Canada (NRCC) has announced it will invest $275,000 in Burnaby-based carbon capture firm Svante Inc. (formerly Inventys Thermal Technologies), which is working to develop a post-combustion solid adsorbent technology known as VeloxoTherm.


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