Carbon-Capture Firm Deep Sky Gets $55 Million of New Capital

Frederic Lalonde

Photographer: Christinne Muschi/Bloomberg
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A Canadian startup raised $55 million from venture capital firms and governments to begin a carbon-capture plant in Quebec, using early-stage technology that aims to suck millions of tons of emissions out of the atmosphere and oceans.

Deep Sky Corp. was founded by Frederic Lalonde, chief executive officer of Hopper Inc., a Montreal-based air-travel application company that’s one of Canada’s most valuable technology startups.