What Svante does

Svante Technologies Inc. is a Burnaby, British Columbia-based carbon capture and removal technology company founded in 2007 (originally as Inventys Inc.) that develops and manufactures solid sorbent-based CO2 capture systems. Its core technology is a proprietary nanoengineered metal-organic framework sorbent called CALF-20 (developed in partnership with BASF) housed in structured adsorbent filters and operated inside modular rotary contactor machines using Svante's patented VeloxoTherm rapid temperature swing adsorption (TSA) process, which captures and releases pipeline-grade CO2 (95%+ purity) every 60 seconds. For lower-concentration flue gas applications, Svante also offers BASF's OASE blue liquid amine solvent as a complementary option. The company's 141,000 sq ft Redwood Facility in Burnaby, BC, launched in October 2025, is positioned as the world's first commercial gigafactory for carbon capture filters with capacity to produce filters enabling capture of up to 10 million tonnes of CO2 annually.

Svante serves heavy-emitting, hard-to-abate industrial sectors including cement, steel, pulp & paper, oil & gas, hydrogen, refineries, lime, aluminum, fertilizer, and petrochemicals, plus bioenergy carbon capture and storage (BECCS) and direct air capture (DAC) projects. The company monetizes through four revenue streams: (1) hardware sales of solid sorbent filters and rotary contactor machines (RAMs); (2) project development, financing, and CDR credit monetization via Svante Development Company (including 45Q, EU ETS, and voluntary carbon markets); (3) engineering, consulting, and OEM services via Svante Solutions & Digital Services and Svante OEM & Design; and (4) technology licensing and scale-up services for other solid sorbent providers. Distribution is driven by enterprise field sales supported by EPC partnerships with Kiewit, Technip Energies, and SAMSUNG E&A (the latter producing standardized C-READY modular plants).

Svante is a privately held company that has raised over US$500M across multiple funding rounds, including a US$318M Series E led by Chevron New Energies (December 2022), a US$100M commitment from the Canada Growth Fund (August 2024), and substantial US and Canadian government funding. Anchor commercial commitments include a 15-year, 626,000-tonne CDR offtake agreement with Microsoft for the North Star BECCS project in Saskatchewan (April 2026), with commercial operations targeted for early 2029. The company operates from Burnaby, BC with field offices and pilot/demo sites across Canada and the US, and is expanding into Europe and the U.S. Gulf Coast.

Name

Svante

Legal name

Svante Technologies Inc.

Website

https://svanteinc.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Svante is a Burnaby, Canada-based carbon capture technology company founded in 2007 that manufactures nanoengineered CALF-20 MOF solid sorbent filters and modular VeloxoTherm rotary contactor machines to capture CO2 from industrial flue gas for hard-to-abate sectors including cement, steel, pulp & paper, oil & gas, hydrogen, and BECCS projects.

Ownership category

akta.pro rank

Product category

Industrial Carbon Capture & Removal Technology

NAICS

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Miscellaneous Chemical Products (2890), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Post-combustion Capture Systems (Solid Sorbents & Structured Adsorbents) (EUABAGAB)

akta.pro secondary industries

Capture Solvents, Sorbents & Catalysts Supply (Formulation, Manufacturing, Reclamation) (EUABAGAJ), Gas Separation & Purification Adsorbents (PSA/TSA) (IMAEAIAI), Industrial Gas & Air Separation Equipment (ASU, PSA, Cryogenic Systems) (IMAHAEAI)

Keywords

• Industrial carbon capture
• Solid sorbent technology
• Carbon dioxide removal
• CCUS project development
• Post-combustion capture

Headquarters

HQ city

Burnaby

HQ country

Canada

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Carbon Capture Filter and Contactor Sales: Svante manufactures and sells nanoengineered solid sorbent filters and modular rotary contactor machines (RAMs) to industrial customers. Filters and contactors are core hardware products, with revenue generated from equipment sales, installation, and commissioning. Manufacturing is centered at Svante's 141,000 sq ft commercial filter facility in Burnaby, BC. Svante's Redwood (The Buck) facility in Burnaby is capable of producing filters able to capture 10 million tonnes of CO2 annually.
2. Project Development and Carbon Credit Monetization: Through Svante Development Company, Svante co-develops carbon capture projects with emitters, structuring attractive projects backed by proven technology, strategic partnerships, and creditworthy revenue agreements (offtake). Projects generate revenue from sale of carbon dioxide removal (CDR) credits in voluntary carbon markets, 45Q tax credits, EU ETS, and other regional carbon pricing mechanisms. Svante co-leads development, financing, and commercialization, offering monetization services for tax attributes including CDR credits, 45Q, and regional programs.
3. Engineering, Consulting, and OEM Services: Svante provides engineering and consulting services to potential customers and partners with emitters in the development, construction, and operation of carbon capture projects. Through Svante OEM & Design, Svante offers solid sorbent scaling and filter manufacturing services to other technology providers. Svante Solutions & Digital Services provides project execution, project management, cost estimations, and project controls for carbon capture deployments globally.
4. Solid Sorbent Technology Licensing and Scale-Up: Through Svante's OEM & Design division, the company licenses its structured adsorbent filter technology and provides scale-up services to other solid sorbent technology companies. Svante has demonstrated the ability to scale up solid sorbents into high-volume commercial products within 3 months, offering manufacturing facility access, process development, design, commissioning, testing and optimization services.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Svante manufactures nanoengineered solid sorbent filters (using the CALF-20 metal-organic framework) and modular Rotary Adsorption Machines (RAMs) that apply its patented VeloxoTherm rapid temperature swing adsorption (TSA) process to capture high-purity CO2 from industrial post-combustion flue gas and air. The company also provides BASF's OASE blue liquid amine solvent for low-concentration sources, end-to-end CCUS project development through Svante Development Company, engineering and digital services through Svante Solutions & Digital Services, and OEM filter manufacturing through Svante OEM & Design.

Product overview

Svante offers a comprehensive carbon capture and removal technology portfolio centered on proprietary solid sorbent-based filters and modular rotary contactor machines. The core offering includes CALF-20 metal-organic framework (MOF) solid sorbents, structured adsorbent filters (SABs), and VeloxoTherm temperature swing adsorption process housed in rotary contactor machines. For lower concentration applications, Svante offers BASF OASE blue liquid amine solvent as an alternative. The company provides end-to-end services through Svante Development Company (project financing, development, and offtake structuring) and Svante Solutions & Digital Services (engineering and consulting). Additionally, the C-READY modular carbon capture plant, developed with SAMSUNG E&A, offers standardized skid-mounted solutions in two sizes (Ursa 1000 and Ursa 2000) for rapid deployment. Svante OEM & Design also offers commercial filter manufacturing services for third-party partners.

Differentiator

Problem solved

Functional benefit

Brands

• VeloxoTherm: Patented temperature swing adsorption (TSA) carbon capture process used in Svante's rotary adsorption machines
• CALF-20
• The Buck
• C-READY
• Svante Development Company
• Svante Solutions & Digital Services

Products and services

• Solid Sorbent Filters (Structured Adsorbent Beds / SABs) Nanoengineered structured adsorbent filters (SABs) made from stacked thin sheets coated with Svante's proprietary solid sorbent (CALF-20 MOF or porous amines), inserted into Rotary Adsorption Machines to capture CO2 from industrial flue gas or air. Manufactured at Svante's 141,000 sq ft Redwood Facility in Burnaby, BC; sold to industrial emitters, DAC technology providers, and OEM partners.
• CALF-20 Metal-Organic Framework (MOF) Solid Sorbent Svante's proprietary metal-organic framework solid sorbent material for post-combustion carbon capture, developed with BASF for industrial-scale production. Optimized for CO2 concentrations of 12% and higher, with resistance to SOx, NOx, oxygen, and moisture, and high selectivity for CO2 over water.
• Rotary Adsorption Machine (RAM) / Modular Rotary Contactor Modular rotary contactor adsorption machine that houses Svante's structured adsorbent filters and applies the patented VeloxoTherm temperature swing adsorption process to capture and release high-purity (95%+) CO2 from post-combustion flue gas every 60 seconds. Compact, modular, handles operational intermittence and load following; delivered as standardized skid-mounted modules.
• BASF OASE Blue Liquid Amine Capture System Liquid amine-based carbon capture offering for customers with lower CO2 concentrations in flue gas (e.g., natural gas combined cycle power plants), using BASF's OASE blue scrubbing liquid with capture rates up to 99+%. Svante Solutions provides engineering, project execution, and project management for liquid amine-based capture plants.
• C-READY Modular Carbon Capture Plant (with SAMSUNG E&A) Standardized skid-mounted modular carbon capture plant jointly developed by Svante and SAMSUNG E&A, available in two sizes: Ursa 1000 (up to 200 KTPA capture) and Ursa 2000 (up to 650 KTPA capture). Delivered in 24 months — 50% faster than conventional methods — leveraging Samsung's Engineering Data Platform and global EPC expertise.
• Svante Development Company (CCUS Project Development & Financing) End-to-end project development services for carbon capture and storage projects, including monetization, market access, offtake agreements, construction management, project financing, and regulatory expertise. Structures long-term CDR credit offtake agreements, joint development agreements with emitters, and 45Q/EU ETS monetization.
• Svante Solutions & Digital Services Engineering and consulting services for carbon capture project development, including technical expertise in both liquid amine and solid sorbent-based capture plants, project execution, project management, cost estimations, and project controls for global deployments.
• Svante OEM & Design (Filter Manufacturing & Licensing) Commercial solid sorbent filter manufacturing services for third-party technology providers, including structured adsorbent filter technology licensing and scale-up engineering. Demonstrated ability to scale up solid sorbents into high-volume commercial products within 3 months using Svante's 141,000 sq ft Burnaby facility.

Quantifiable outcome

• CAPL-20 MOF sorbent: a sugar-cube-sized quantity has the surface area of a football field, enabling high CO2 storage capacity and smaller filter inventory requirements.
• +5 more outcomes

Named customers9 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core and major.

• MicrosoftcoreStrategic or Co-development Partner · 7 April 2026Microsoft signed a 15-year agreement to purchase 626,000 tonnes of carbon dioxide removal credits from the North Star BECCS project in Saskatchewan — developed by Svante and Meadow Lake Tribal Council. This is Microsoft's first Canadian BECCS CDR offtake and the first such project in Canada involving Indigenous ownership. The deal serves as an anchor offtake enabling Svante to secure project financing.
• Mercer InternationalmajorStrategic or Co-development Partner · 1 December 2025Mercer International launched a carbon capture pilot project at its Mercer Peace River facility in partnership with Svante Technologies Inc. Svante's Mobile Demonstration Unit was also promoted at Södra's Värö pulp mill in Sweden. Svante and an integrated sustainable packaging company also advanced a US BECCS project to feasibility, targeting over 500,000 tonnes of biogenic CO2 annually.
• Electricore / ICS3 ConsortiummajorTechnology or Integration · 1 January 2023Electricore, a US non-profit established at DARPA's request, formed the International Carbon Capture Center for Solid Sorbent Survey (ICS3) Consortium with Svante in 2018 to focus on demonstration, testing, and education of second-generation CO2 capture technology using advanced solid sorbent materials. Svante is also an industrial partner with LBNL-DOCCSS program through the ICS3 consortium.
• Lawrence Berkeley National Laboratory (LBNL)majorTechnology or Integration · 1 January 2023LBNL, as part of the Discovery of Carbon Capture Substance and Systems (DOCCSS) initiative funded by NETL-DOE, is developing a novel amine-based solid sorbent for CO2 capture. Svante engaged as an industrial partner to develop and test a carbon capture system using DOCCSS advanced solid sorbent material.
• SAMSUNG E&AcoreStrategic or Co-development Partner · 1 January 2023Svante and SAMSUNG E&A joined forces in 2025 to deliver standardized skid-mounted modular carbon capture plant modules (C-READY) featuring Svante's VeloxoTherm solid sorbent technology. Leverages Samsung's Engineering Data Platform for 24-month project delivery (50% faster than conventional). Two standard sizes: Ursa 1000 (up to 200 KTPA) and Ursa 2000 (up to 650 KTPA). Samsung E&A presented at SAMSUNG E&A Tech Forum 2025 alongside Svante.
• Meadow Lake Tribal Council (MLTC)coreStrategic or Co-development Partner · 4 March 2022MLTC (representing nine First Nations in Saskatchewan) partnered with Svante (via North Star Carbon Solutions LP) on the North Star BECCS project at the MLTC Bioenergy Centre. MLTC became a co-owner of the North Star facility alongside Svante. This is Canada's first majority Indigenous-owned bioenergy carbon capture and storage project. Microsoft signed a 626,000-tonne CDR offtake agreement with this partnership in April 2026.
• LafargeHolcim / Lafarge Canada / HolcimcoreStrategic or Co-development Partner · 1 September 2021Svante, Lafarge Canada, and TotalEnergies operate the CO2MENT Pilot Plant at Lafarge Canada's cement plant in Richmond, BC (1 TPD). In 2020, Svante, LafargeHolcim, OLCV, and TotalEnergies launched a commercial-scale pre-FEED study for a capture plant at Holcim's cement plant in Florence, CO. Svante and Holcim continue identifying commercial CO2 capture opportunities at Holcim's worldwide cement plants.
• TotalEnergiesmajorStrategic or Co-development Partner · 1 September 2021TotalEnergies signed a five-year Collaboration Agreement in 2018 (extended) to evaluate and promote deployment of Svante's i-TSA technology for CO2 separation from low-pressure sources. TotalEnergies also participates in the Florence, CO cement plant pre-FEED study with LafargeHolcim and OLCV.
• Oxy Low Carbon Ventures (OLCV) / Occidental PetroleummajorStrategic or Co-development Partner · 1 September 2021OLCV (subsidiary of Occidental Petroleum) joined Svante, LafargeHolcim, and TotalEnergies in 2020 to launch a commercial-scale pre-FEED study for carbon capture and end-use at a US cement plant. OLCV capitalizes on Occidental's enhanced oil recovery (EOR) leadership by developing CCUS projects.
• BASFcoreTechnology or Integration · 1 January 2021Svante and BASF signed a Joint Development Agreement in 2021 to industrialize MOF sorbent synthesis, and a Commercial Agreement in 2022 for large-scale production of CALF-20 MOF sorbent materials. BASF is the world's largest chemical producer and a critical manufacturing partner for scaling Svante's proprietary MOF filters.
• Enbridge / Cross River Infrastructure Partners / OTS (Cross Carbon Ventures)coreStrategic or Co-development Partner · 1 January 2021In 2021, Svante, Enbridge, Cross River Infrastructure Partners LLC, and OTS entered into a commercial Memorandum of Understanding establishing Cross Carbon Ventures (CCV), an independent carbon capture development partnership. CCV explores commercial opportunities in North America to develop, build, own and operate carbon capture projects for carbon-intensive industries.
• Kiewit Engineering Group Inc. (Kiewit Svante Industrial Alliance / KSI)coreImplementation/ SI/ Consulting Partner · 1 January 2020Svante partnered with Kiewit Engineering in 2020 to form the Kiewit Svante Industrial Alliance (KSI), enabling Kiewit to design and build industrial-scale carbon capture projects across North America using Svante's technology. Kiewit is one of North America's largest construction and engineering organizations.
• Technip EnergiesmajorImplementation/ SI/ Consulting Partner · 1 January 2020Svante partnered with Technip Energies in 2020 to develop industrial-scale carbon capture projects in Europe. This partnership extends Svante's geographic reach into European markets for point-source capture deployments.
• ClimeworksmajorTechnology or Integration · 1 January 2020Svante and Climeworks signed a Joint Development Agreement in 2020 to collaborate on direct air capture (DAC) technology solutions. Svante commissioned a process demonstration unit at Climeworks' DAC Testing Centre in Los Angeles to test solid sorbent technology for ambient air capture applications.
• Cenovus EnergycoreStrategic or Co-development Partner · 1 May 2017Cenovus (formerly Husky Energy) signed a Host Site Agreement in 2017 for a 30 TPD pilot plant at its facility near Lashburn, Saskatchewan. Successfully completed in 2019 (world's first 30 TPD CO2 capture plant online). Cenovus is also an equity shareholder of Svante and led the Series B-II round.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Climeworks: Swiss-based direct air capture (DAC) company using solid sorbent technology. Direct peer to Svante — Svante has a Joint Development Agreement with Climeworks and operates a process demonstration unit at Climeworks' DAC Testing Centre. Both companies compete in solid sorbent-based CO2 capture and have relationships with major CDR credit buyers.
• Aker Carbon Capture: Norwegian-listed carbon capture technology provider offering post-combustion capture systems (including amine-based solutions). Direct peer competing for the same cement, waste-to-energy, and industrial emitter projects in Europe and globally. Operates as a publicly-traded pure-play CCUS technology company with multiple commercial deployments.
• CarbonCapture Inc. U.S. direct air capture company developing solid sorbent-based DAC technology. Direct peer to Svante in the DAC and solid sorbent capture space, competing for corporate CDR offtake agreements and U.S. DOE funding. Recently rebranded from Global Thermostat.
• Heirloom Carbon Technologies: U.S. DAC company using limestone-based sorbent technology with shorter cycle times. Direct peer competing for CDR credit offtakes from major corporate buyers including Microsoft, Stripe, and Shopify. Recently raised significant capital for commercial-scale facilities in the U.S.
• Carbon Clean Solutions: UK-based provider of carbon capture technology using proprietary solvent (APBS) for post-combustion capture from industrial flue gas. Direct peer in point-source post-combustion carbon capture, particularly targeting cement, steel, and oil & gas sectors with smaller-footprint, modular solutions.
• LanzaTech: U.S./New Zealand carbon capture and utilization company converting industrial off-gases (steel mill, gasifier) into fuels and chemicals via gas fermentation. Direct peer in industrial carbon capture with public listing and major partnerships with ArcelorMittal, Indian Oil, and Suncor.

Broad incumbents

• Honeywell UOP: U.S. industrial process technology provider offering amine-based post-combustion CO2 capture solutions (e.g., Ortloff, UOP Memfrac). Broad incumbent with decades of operational deployment and EPC integration, competing in similar point-source capture tenders but as part of a much larger process technology portfolio.
• Chart Industries: U.S. manufacturer of cryogenic and process equipment for LNG, hydrogen, biogas, and CO2 capture/liquefaction. Both a strategic investor in Svante (Series D co-investor) and an adjacent equipment peer — Chart provides liquefaction and process modules that complement carbon capture deployments in CCUS value chains.
• Mitsubishi Heavy Industries: Japanese industrial conglomerate with proprietary amine-based CO2 capture technology (KM-CDR Process) deployed at scale for power and industrial applications. Broad incumbent in CCS technology with significant reference projects in the U.S. and Japan, competing in heavy-emitter capture deals globally.

Emerging players

• C-Quest Capital: U.S.-based carbon project developer and investor focused on nature-based and technology-based carbon removal credits. Emerging player that competes with Svante Development Company for CDR offtake buyers and project development mandates, though focused on a broader portfolio of removal technologies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/svantesolutions
• LinkedInlinkedin.com/company/svantesolutions
• Facebookfacebook.com/svantesolutions

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries3 records

Funding overview

Funding rounds13 records

Investors30 records

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M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Svante