Deep Sky secures $10M seed financing

CPE News

CPE News Brief (5.8.2023) – Deep Sky has raised $10 million in seed funding led by Investissement Québec and Brightspark Ventures, with participation of founders and private investors.

The financing closed in tranches in 2022 and 2023. Investissement Québec’s Bicha Ngo and Brightspark’s Sophie Forest have joined Deep Sky board of directors

Founded by Fred Lalonde, WestCap, Dakota Smith and Joost Ouwerkerk, Deep Sky is building infrastructure to scale carbon dioxide removal systems, in a tangible way.

Deep Sky will be competing in technologies against well-capitalized Carbon Engineering and Svante from BC.

photo credit: Deep Sky