Deep Sky Corporation
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Deep Sky Corporation - overview
Established
2022
Location
Montreal, QC, Canada
Primary Industry
Environmental Services
About
Based in Montreal, Canada, and founded in 2022, Deep Sky Corporation operates as a provider of environmental services through its technology-based carbon removal projects. The company was co-founded by Joost Ouwerkerk, Fred Lalonde, and Laurence Tosi. In May 2023, the firm raised USD 10 million in venture funding from investors Brightspark Ventures and Investissement Québec, with participation from individuals and other investors. The company builds infrastructure that helps in the removal of carbon dioxide from the environment in a tangible way.
The business provides CO2 capture and storage services driven by renewable energy in large quantities, allowing the government procurement markets and many others to profit from premium CDR credits and make use of the environment's natural resources. The company plans to use the May 2023 funding to sell premium carbon dioxide removal credits to compliance markets, voluntary markets, and government procurement in order to monetize its infrastructure.
Current Investors
Brightspark Ventures, Investment Quebec, Whitecap Venture Partners
Primary Industry
Environmental Services
Sub Industries
Environmental Services
Website
www.deepskyclimate.com
Company Stage
Add-on
Total Amount Raised
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