Schlumberger returned for the first close of the round, helping the emissions monitoring technology developer take its total funding to $55m.

GHGSat, a Canada-based developer of greenhouse emissions tracking technology, has secured $30m from investors including oilfield services provider Schlumberger for the first close of its series B round.

The state-owned Investissement Québec led the first close of the round, which also featured OGCI Climate Investments, Business Development Bank of Canada, Space Angels and Fonds de solidarité des travailleurs du Québec.

Founded in 2011, GHGSat operates a greenhouse gas monitoring system that uses its own satellites to track emissions from space.…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.