Total, LafargeHolcim to fund Inventys-led CO2 capture project

Inventys, a Vancouver-based carbon technology company, is leading a project to develop a full-cycle solution to capture and reuse CO₂ from a cement plant while also reducing emissions. Project CO₂MENT secured undisclosed funding from Swiss building materials group LafargeHolcim and French energy company Total. Other investors included CO₂ Capture Project and the B.C. and federal governments. Inventys, which closed a $21 million Series C round in February, said the project will assess the potential for a new model for supplying post-combustion CO₂ to the existing CO₂ market and the feasibility of new CO₂ utilization technologies.

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