When was Svante founded?

Svante was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Svante located?

Svante is headquartered in Burnaby, Canada.

How many employees does Svante have?

As of May 27, 2025, the latest employee count at Svante is 49.

Is Svante a funded company?

Svante is a funded company, having raised a total of $493M across 18 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 07, 2010.

When was the latest funding round of Svante?

Svante's latest funding was a $***** Series E round on Nov 18, 2024, with participation from 0 investor.

Where does Svante rank among its competitors?

Svante ranks 3rd amongst 11 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Immaterial, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Svante?

Svante's top competitors include Immaterial, Nuada and Promethean Particles. Among them, Immaterial secured the most recent funding round in February, 2026.

Svante - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of carbon capture solutions from the air. It offers a patented technology that traps carbon produced by the industries such as cement, steel, ammonia, aluminium, methanol, and hydrogen. The captured CO2 is concentrated, processed, and then released for storage or industrial use.

Website: svanteinc.com
Social
Email ID: *****@svanteinc.com
Phone Number: +1 **********

Key Metrics

Founded Year

2007

Location

Burnaby, Canada

Stage

Series E

Total Funding

$493M in 18 rounds

Latest Funding Round

Series E, Nov 18, 2024, $*****

Investors

United Airlines & 31 more

Ranked

3^rd among 11 active competitors

Employee Count

49 as on May 27, 2025

Investment & Acquisitions

Carbon Alpha

Similar Companies

Immaterial & 9 more

View Svante's full profile

Svante has raised a total funding of $493M over 18 rounds. Its first funding round was on Jul 07, 2010. Svante has 32 institutional investors.

Here is the list of recent funding rounds of Svante:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 18, 2024	2061585	Series E	7109326	5922496	6509464	5154099
Mar 29, 2023	4894173	Series E	8206374	5584197	8281048	8232970
Dec 15, 2022	5333697	Series E	2958797	3367630	Chevron	Temasek & 12 more

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View details of Svante's funding rounds and investors

The founders of Svante is Brett Henkel. Icd Claude Letourneau is the CEO of Svante.

Here are the details of Svante's key team members:

Brett Henkel: Co-Founder & VP of Svante.
Contact Info: 1 email address

View details of Svante's Founder profiles and Board Members

Svante's employee count trend

Svante has 49 employees as of May 25. Here is Svante's employee count trend over the years:

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Top competitors of Svante include Immaterial, Nuada and Promethean Particles. Here is the list of Top 10 competitors of Svante, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Immaterial 2015, Cambridge (United Kingdom), Series A	Manufacturer of nanoscale metal-organic frameworks	$18.2M	SLB, SLB & 12 others	61/100
2nd	Nuada 2012, Newtownabbey (United Kingdom), Series A	Provider of carbon capture technology solutions	$12.8M	Clean Growth Fund, Henson Family Trust & 22 others	60/100
3rd	Svante 2007, Burnaby (Canada), Series E	Provider of carbon capture solutions from the air	$493M	Temasek, The Roda Group & 30 others	60/100
4th	Promethean Particles 2007, Nottingham (United Kingdom), Series A	Manufacturer of metal-organic frameworks for industrial applications like carbon capture	$13.5M	Foresight Group, Aramco Ventures & 38 others	51/100
5th	novoMOF 2017, Zofingen (Switzerland), Series A	Manufacturer of metal-organic frameworks	$5.39M	what does not regenerate degenerates, Shift4Good ... & 2 others	48/100
6th	UniSieve 2013, Zurich (Switzerland), Seed	Provider of membrane solutions for gas separation and chemical feedstock purification	$10.1M	Founderful, Climate KIC & 8 others	41/100
7th	Captivate Technology 2022, Palmerston North (New Zealand), Seed	Online platform offering carbon capture solutions	$750K	Matū, New Zealand Growth Capital Partners ... & 2 others	34/100
8th	Atoco 2020, Irvine (United States), Unfunded	Developer of carbon capture and atmospheric water harvesting technology solutions	-	-	24/100
9th	ProfMOF 2015, Kongsberg (Norway), Funding Raised	Developer of metal organic frameworks	-	Inven2, Europa	23/100
10th	Chemiitkgp-Mcdaslab 2019, Kharagpur (India), Unfunded	Developer of porous framework materials for energy and separation applications. These materials, including Metal-Organic Frameworks (MOFs) and Hydrogen-Bonded Organic Frameworks (HOFs), are designed for use in various applications such as gas storage (hydrogen, methane, acetylene), gas separation (carbon dioxide capture, hydrocarbon separation), catalysis (heterogeneous, asymmetric, and photocatalysis), and sensing (small molecules). The company also develops MOF-based electrochemical energy storage systems (supercapacitors, batteries) and proton-conducting membranes for fuel cells. Research involves synthesis, characterization (including crystallography, spectroscopy, and surface area analysis), and performance testing of these materials.	-	-	19/100