Today Shopify announced a planned commitment for carbon dioxide to be permanently removed from the atmosphere on Shopify’s behalf using technology from Squamish, B.C. Carbon Engineering‘s groundbreaking Direct Air Capture (DAC) technology can be used to create large-scale carbon removal from the atmosphere. Shopify is the first organization to plan to purchase permanent carbon dioxide removal […]
Carbon Engineering
Eleven Vancouver Companies Included on Narwhal List
The Narwhal Project identifies a set of young Canadian companies that have the potential to become successful on the world stage. The Narwhal List sheds light on the ability of firms to scale up and reach world-class status. 2019 was a remarkable year for Vancouver’s technology sector as there are eleven companies that made the cut. […]
Five B.C. Companies Named to Global Cleantech 100
Canadian cleantech companies are making their mark on the world stage with 12 companies being named to the prestigious Global Cleantech 100 list at the Cleantech Forum in San Francisco. This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada. But the […]
Canadian Government Invests $25 Million in Carbon Engineering
The Government of Canada has invested $25 million in Squamish’s Carbon Engineering, a clean energy company that specializes in technologies that capture and reuse carbon dioxide. The investment highlights Canada’s support for cleantech innovations and the government’s commitment to deploy technologies supporting a low carbon economy. The announcement was made by Jonathon Wilkinson, Minister of […]
Vancouver Venture Deals Highlight Cascadia’s First Quarter
Troy DeFrank’s Crosscadia has published their quarterly summary of investment activity in the Pacific Northwest. According to DeFrank, the region saw a bit more geographic balance in investment activity during Q1 of 2019, while overall more capital went into fewer deals compared to Q4 of 2018. The median deal size in British Columbia was $2.48 […]
Carbon Engineering Raises US $68 Million Round Led by Bill Gates
Squamish-based Carbon Engineering has announced the completion of an equity financing round of US $68 million, marking the largest private investment made into a Direct Air Capture (DAC) company to date. This $68M financing will allow CE to commercialize and enter mainstream markets with its fully demonstrated DAC technology that is able to capture and […]