I normally don’t cross over the border to cover Canadian Startups, but this company (Svante) is heavily invested in U.S technology and personnel as well as venture capital. They also appear to have a well-developed process similar to one developed by UC Berkeley working with ExxonMobil on an eight year project. I reported on the UCB-EM project in 2020, and this is the old friend.
Svante’s technology: Solid sorbents, particularly metal-organic frameworks (MOFs), are a step change for the carbon capture industry. Their energy efficiency, resistance to degradation in the face of post-combustion flue gas impurities, and low cost of ownership make them ideal for carbon capture. That’s why Svante’s team of scientists and engineers elected to use them in the first place.