# Deep Sky Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deep-sky

- Industry: Environmental Services
- Headquarters: Montreal, Canada
- Website: www.deepskyclimate.com
- Total disclosed funding: $42M
- Latest round: Series A (Nov 16, 2023)
- Investors on record: 5

## About

Based in Montreal, Canada, and founded in 2022, Deep Sky Corporation operates as a provider of environmental services through its technology-based carbon removal projects. The company was co-founded by Joost Ouwerkerk, Fred Lalonde, and Laurence Tosi. In May 2023, the firm raised USD 10 million in venture funding from investors Brightspark Ventures and Investissement Québec, with participation from individuals and other investors.

The company builds infrastructure that helps in the removal of carbon dioxide from the environment in a tangible way. The business provides CO2 capture and storage services driven by renewable energy in large quantities, allowing the government procurement markets and many others to profit from premium CDR credits and make use of the environment's natural resources.

The company plans to use the May 2023 funding to sell premium carbon dioxide removal credits to compliance markets, voluntary markets, and government procurement in order to monetize its infrastructure.

## Funding rounds

- Series A, Nov 16, 2023, $42M — Whitecap Venture Partners, BDC Capital, Brightspark Ventures, Investment Quebec, OMERS Ventures

## Investors

- Whitecap Venture Partners (https://capitalatlas.ai/funds/whitecap-venture-partners) — Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Brightspark Ventures (https://capitalatlas.ai/funds/brightspark-ventures) — Series A
- Investment Quebec (https://capitalatlas.ai/funds/investment-quebec) — Series A
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series A