Skip to main content
Client Work

US$30 million Series B financing of GHGSat

Reading Time 1 minute read Subscribe



Investissement Québec

On September 11, 2020, GHGSat, a world leader in high resolution remote sensing of greenhouse gas emissions, announced the closing of the first tranche of its Series B thanks to an investment from Investissement Québec.

The total investment of US$30 million led by Investissement Québec brought together Fonds de solidarité FTQ, OGCI Climate Investments, Business Development Bank of Canada, Space Angels and Schlumberger, among others.

This financing reinforces GHGSat's growth curve and will be used to accelerate the construction of a fleet of emission detection satellites and the deployment of analytical services to new markets.

A team from Fasken comprised of Carl Tremblay, Vincent Laforest-Lapointe and Frédéric St-Jean advised Investissement Québec and Fonds de solidarité FTQ in this financing.


  • Québec



    Receive email updates from our team