[ Inventys Thermal Technologies raises $10M in Series B ]
Inventys Thermal Technologies has raised $10 million in Series B funding.
Founded in 2007, Inventys Thermal Technologies develops, produces and commercializes the technology for capturing post-combustion carbon dioxide.The company is the developer of the VeloxoTherm system, a carbon dioxide (CO2) capture process.
The funds raised will support a CO2-capture pilot plant aimed at producing a low-cost supply solution for Husky’s enhanced oil recovery program near Lloydminster, Saskatchewan.
|City||Burnaby, British Columbia|
|Founder / CEO||Claude Letourneau|
|Investors||Chrysalix Venture Capital|
|The Roda Group|
|Previous Investors||Mitsui Global Investment|
|Chrysalix Venture Capital|