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GHGSat
Satellites for emissions monitoring
- 101-200 employees
- B2B
- Artificial Intelligence
- Energy
- Sustainability
- Deep Tech
- Aerospace
- Le Plateau-Mont-Royal, Montreal, QC
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Company mission
To accelerate the decarbonization of our planet by providing actionable metrics and insights that empower the economies of tomorrow.
Our take
As organizations worldwide ramp up their decarbonization efforts, GHGSat is setting out to empower them with emissions data and intelligence that will help optimize their performance and support them in upholding environmental standards.
The company operates a network of satellites that allow for the high-resolution sensing of greenhouse gasses in the atmosphere, that is precise enough to attribute emissions to individual facilities. Through this, it is able to monitor decarbonization progress for specific organizations and support them in making more impactful changes.
In 2022, whilst operating six satellites, GHGSat was able to observe over 500,000 facilities across the globe. In 2023 it added an additional three satellites to its network, which it says will almost double its measurement capacity. As the only company currently delivering high-resolution emissions measurements, demand is likely to continue rising. Funds raised will support the company in accelerating commercialization efforts.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- A creative and highly motivating work environment
- Health benefits
- Flex time
- Continuing development
Funding (last 2 of 5 rounds)
Sep 2023
$22m
SERIES C
Nov 2021
$14.3m
GRANT
Total funding: $91.3m
Leadership
Stephane Germain
(President)Was Board Chair at Xiphos Systems Corporation for 13 years, and prior to this worked as a Consultant for Bain & Company.