About Svante
Svante is a company based in Burnaby (Canada) founded in 2007 by Brett Henkel.. Svante has raised $477.45 million across 18 funding rounds from investors including 3M, United Airlines and Chart Industries. The company has 49 employees as of May 27, 2025. Svante offers products and services including Carbon Capture Filters and Modular Rotary Contactor Machines. Svante operates in a competitive market with competitors including Carbon Clean, Charm Industrial, Storegga Geotechnologies, RepAir and Avnos, among others.
- Headquarter Burnaby, Canada
- Employees 49 as on 27 May, 2025
- Founders Brett Henkel
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Sectors
Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$477.45 M (USD)
in 18 rounds
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Latest Funding Round
$10.7 M (USD), Series E
Nov 18, 2024
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Investors
3M
& 29 more
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Employee Count
49
as on May 27, 2025
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Products & Services of Svante
Svante offers a comprehensive portfolio of products and services, including Carbon Capture Filters and Modular Rotary Contactor Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Filters using solid sorbents to capture CO2 from industrial sources
Machines that remove CO2 from emissions and air efficiently
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Product Management Team
12 people
Leadership Team
10 people
Software Development Team
7 people
Creative and Marketing Team
6 people
Human Resources and Administration
5 people
Scientific Team
4 people
Sales and Marketing
3 people
Machine Team
1 people
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Funding Insights of Svante
Svante has successfully raised a total of $477.45M across 18 strategic funding rounds. The most recent funding activity was a Series E round of $10.7 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 18
- Last Round Series E — $10.7M
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First Round
First Round
(07 Jul 2010)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series E - Svante | Valuation |
investors |
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| Mar, 2023 | Amount | Series E - Svante | Valuation | United Airlines |
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| Dec, 2022 | Amount | Series E - Svante | Valuation | Chevron |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Svante
Svante has secured backing from 30 investors, including institutional and venture fund investors. Prominent investors backing the company include 3M, United Airlines and Chart Industries. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Venture capital investments are made in promising startups.
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Founded Year | Domain | Location | |
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TechEnergy Ventures is focused on accelerating the energy transition through investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Svante
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Svante
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Svante Comparisons
Competitors of Svante
Svante operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carbon Clean, Charm Industrial, Storegga Geotechnologies, RepAir and Avnos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of modular carbon capture technology and industrial decarbonization solutions
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| domain | founded_year | HQ Location |
Bio-oil-based carbon removal technology is developed from agricultural residues.
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| domain | founded_year | HQ Location |
Geological storage for CO2 emissions and hydrogen projects is developed.
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| domain | founded_year | HQ Location |
Direct air capture solutions for air purification are provided.
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| domain | founded_year | HQ Location |
Cloud-based endpoint protection and management platform is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Svante
Frequently Asked Questions about Svante
When was Svante founded?
Svante was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Svante located?
Svante is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
Who is the current CEO of Svante?
Claude Letourneau is the current CEO of Svante.
Is Svante a funded company?
Svante is a funded company, having raised a total of $477.45M across 18 funding rounds to date. The company's 1st funding round was a Series E of $318M, raised on Jul 07, 2010.
How many employees does Svante have?
As of May 27, 2025, the latest employee count at Svante is 49.
What does Svante do?
Svante was founded in 2007 in Burnaby, Canada, and focuses on carbon capture technology within the environmental sector. Patented systems are utilized to trap CO2 emissions from industries including cement, steel, ammonia, aluminum, methanol, and hydrogen production. Captured CO2 is then concentrated and processed for storage or reuse in industrial applications, supporting emission reduction efforts across these sectors.
Who are the top competitors of Svante?
Svante's top competitors include Carbon Clean, Charm Industrial and RepAir.
What products or services does Svante offer?
Svante offers Carbon Capture Filters and Modular Rotary Contactor Machines.
Who are Svante's investors?
Svante has 30 investors. Key investors include 3M, United Airlines, Chart Industries, Suncor, and Chevron.
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