GHGSat Closes US$45M Series B Funding

17 Jul, 2021

GHGSat Closes US$45M Series B Funding
Photo by Matt on Unsplash

– GHGSat, a provider of solutions for high resolution greenhouse gas monitoring from space, completed the second tranche of a funding round initiated in 2020, thereby closing its total Series B funding at US$45m.
– The round was supported by the Government of Québec through Investissement Québec, OGCI Climate Investments and Space Capital.
– The company intends to use the funds to expand its GHG emission detection array to 10 satellites and 3 aircraft sensors by 2023, as well as to expand its international commercial presence, particularly in Europe and the US.

Aerospace Environmental Consulting North America Oil and Gas
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