Inventys Thermal Technologies Receives Investment from Chrysalix EVC

Inventys Thermal Technologies, a Vancouver, Canada-based provider of an innovative process for capturing CO2, received an investment from Chrysalix EVC.

The amount of the transaction was not disclosed. In conjunction with the funding, Jean-Michel Gires, Venture Partner at Chrysalix EVC, joined the Board of Directors at Inventys.

Led by André Boulet, CEO, Inventys is currently in the first stages of piloting its patented VeloxoTherm™ gas separation process whereby CO2 is removed from industrial flue gas streams and subsequently applied to EOR using less energy and requiring lower capital costs than competing systems.
The company plans to start commercial activities that require integration with emitters, CO2 EOR operators, and heavy oil producers.



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