Svante

Canada-based Svante provides carbon capture solutions for industrial operations. Svante’s technological focus is on carbon absorbents; it believes that conventional adsorbents lack the sophistication and properties required for economical and scalable carbon capture. Svante claims that its patented “structured absorbents” are engineered to capture and release carbon dioxide in less than 60 seconds, compared to hours taken by conventional technologies.

Key customers and partnerships

Svante has forged significant partnerships to advance its carbon capture solutions, including collaborations with large industrial players like LafargeHolcim, OLCV, and Total Energies. These partnerships focus on implementing Svante’s technology in sectors like cement production, which are crucial for achieving large-scale carbon capture and storage (CCS) implementations.

In April 2023, Svante signed an MoU with Pilot Energy Limited, an Australian oil and gas exploration and production company, to offer carbon capture and storage (CCS) solutions in Western Australia. In May 2023, Svante teamed up with Carbon America, a similar carbon capture startup to deploy commercial CCUS projects in the US. In August 2023, the company entered into a partnership with Deep Sky, a Canadian carbon removal project developer, to evaluate the feasibility of carbon sequestration in the St. Lawrence River Valley in Southern Quebec. In October 2023, Svante signed an MOU with Samsung Engineering to develop commercial carbon capture, utilization, and storage (CCUS) projects in Asia and the Middle East. This collaboration was followed by Svante signing a commercial supply agreement for Svante's proprietary sorbent material, CALF-20 with BASF. In the same month, the company signed an MOU with Storegga Geotechnologies to develop CCUS projects by combining Svante's carbon capture and removal filter technology and Storegga's CO2 transportation and storage expertise.

In January 2024, Svante partnered with Rescale to advance its carbon capture technology with the latter’s high-performance computing (HPC) platform to run extensive simulations and analyze large datasets. Following that, the company agreed to supply its contractor blocks for Climeworks’ US projects. In February 2024, Svante announced a collaboration to deploy a first-of-its-kind commercial-scale carbon capture plant at Delek US's refinery in Texas.