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Bill Gates, Deep Sky and carbon removal
Bill Gates-backed fund invests in carbon removal firm Deep Sky
Deep Sky, a Quebec-based developer of carbon removal projects, has landed a $40 million grant commitment from the Bill Gates-backed fund Breakthrough Energy Catalyst. Why it matters: The investment signals the $1 billion-plus Breakthrough Energy Catalyst fund's interest in demonstration projects in the carbon removal sector.
Canadian carbon removal company scores grant from fund backed by Bill Gates
Startup company Deep Sky intends to use to the funding on the world's first direct air capture carbon removal test hub and commercialization centre, which it's working on in Innisfail.
Carbon-removal startup Deep Sky gets US$40-million grant from Gates-led fund
Breakthrough Energy Catalyst, a carbon-tech fund founded by Bill Gates, has given Deep Sky Corp. a US$40-million grant to help the startup develop its direct-air-capture demonstration centre in Alberta, where it will test several technologies.
Bill Gates-Backed Fund Bets $40 Million on Carbon Removal Firm Deep Sky
The clean-tech venture firm founded by Bill Gates is providing a $40 million grant to carbon-capture startup Deep Sky Corp., which seeks to build large-scale facilities to clean carbon from the air.
Canadian carbon removal company scores US$40M grant from Bill Gates-backed fund
Direct air capture is a term that refers to physically removing excess carbon dioxide from the atmosphere to slow global warming.
Bill Gates firm gives $40 million for Canadian carbon tech test bed
By Peter Henderson Bill Gates's Breakthrough Energy is giving a $40 million grant to a startup aiming to create a Canadian testing ground for technologies that suck carbon directly from the air, in an effort to speed up their rollout,
BetaKit
11h
Deep Sky secures $40-million USD grant from Gates-founded Breakthrough Energy Catalyst
Montréal-based carbon-capture startup Deep Sky has secured a $40-million USD ($57.3 million CAD) grant from Breakthrough ...
Canadian Manufacturing
13h
Deep Sky secures $40M grant from Breakthrough Energy Catalyst
Deep Sky Alpha will deploy multiple DAC technologies to test and identify the most promising technologies, as part of Deep ...
Hydrocarbon Processing
15h
Deep Sky secures $40-MM grant from Breakthrough Energy Catalyst to scale direct air capture
Deep Sky, the Quebec, Canada-based carbon removal project developer, has secured a $40-MM grant commitment from Breakthrough ...
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Related topics
Bill Gates
carbon removal
Breakthrough Energy Catalyst
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