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Carbonova raises C$5.1mn to launch industrial nanofibre demonstrator in Calgary

The Canadian start-up has secured financing to complete a C$13.6mn project aimed at converting captured CO₂ and natural gas into high-value carbon nanofibres.

Carbonova raises C$5.1mn to launch industrial nanofibre demonstrator in Calgary

SectorCarbone, Captage
ThemeInvestissements & Transactions, Développement de projets, Financement

Carbonova, a cleantech company based in Calgary, has closed a C$5.1mn ($3.75mn) equity funding round from a syndicate of strategic and private investors. This financing is part of a broader C$13.6mn ($10mn) project to commission an industrial demonstration unit producing carbon nanofibres from captured carbon dioxide and natural gas.

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Carbone