GHGSat

company

About

GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas

Details

Last Funding Type
Series B
Last Funding Money Raised
$45M
Industries
Aerospace,Environmental Consulting,Oil and Gas
Founded date
Jan 1, 2011
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
GHGSat Inc.

GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.

In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in the world. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.

Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays.

GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$85M $23.30M
GHGSat has raised a total of $85M $23.30M in funding over 2 rounds. Their latest funding was raised on Nov 4, 2021 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 4, 2021 Grant $20M 1 Sustainable Development Technology Canada Detail
Jul 15, 2021 Series B $45M 3 Detail
Sep 10, 2020 Series B $30M 6 Investissement Quebec Detail
Aug 20, 2019 Grant $3.30M 1 Sustainable Development Technology Canada Detail
Sep 24, 2018 Series A $10M 5 OGCI Climate Investments Detail

Employee Profiles

Number of Employee Profiles
2
GHGSat has 2 current employee profiles, including Executive Francois Rodrigue
Executive
Executive