Chart Industries and existing backer Chevron Technology Ventures helped the carbon capture system developer push its total funding past $150m.

Canada-headquartered carbon capture technology developer Svante completed a $75m series D round yesterday featuring oil and gas provider Chevron’s corporate venturing unit, Chevron Technology Ventures, and cryogenic equipment producer Chart Industries.

Singaporean state-owned investment firm Temasek led the round, which was also backed by Carbon Direct and Export Development Canada, OGCI Climate Investments, BDC Cleantech Practice, The Roda Group and Chrysalix Venture Capital.

Formerly known as Inventys, Svante is working on an industrial-level system designed to help companies capture carbon…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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