GHGSat Completes Series B Funding and Accelerates Commercialization

  • Series B funding closed at US$45M with the support of the Government of Québec through Investissement Québec, OGCI Climate Investments and Space Capital
  • The investment will enable the company to triple the number of sensors deployed by 2023 as well as to expand its international commercial presence, particularly in Europe and the US

MONTREAL (GHGSat PR) – GHGSat, the global leader in high resolution greenhouse gas monitoring from space, has completed the second tranche of a funding round initiated in 2020, thereby closing its total Series B funding at US$45 million. The company has raised more than US$70 million since its inception in 2011.

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