We’re excited to share that Carmeuse Ventures has invested in pHathom Technologies, as part of their recently closed seed financing round, led by Propeller, alongside New Brunswick Innovation Foundation and Invest Nova Scotia.

pHathom is a climate technology company developing innovative carbon capture and durable storage solutions for existing coastal bioenergy and industrial facilities. Their approach enables verifiable, science-based carbon removal using existing infrastructure — without the need for new pipelines or geological injection.

This investment aligns closely with Carmeuse Ventures' strategy to support technologies that contribute to industrial decarbonization and scalable climate impact. We’re proud to support them, as they advance pilot projects and continue building trust through rigorous science, monitoring, and regulatory engagement.

Congratulations to the pHathom team! We look forward to working together to help bring this solution to market.

More information here.