GHGSat secures C$47 million in new financing
On September 15, 2025, GHGSat Inc. (“GHGSat”) announced it secured C$47 million in new financing to fuel its rapid global expansion and the continued evolution of its groundbreaking satellite technology and analytics services.
The financing includes both convertible notes and debt. The convertible note portion was led by new investor Yaletown Partners Inc. (“Yaletown”), alongside existing investors Fonds de solidarite FTQ (“FTQ”) and BDC Capital Inc. (“BDC Capital”). The debt portion was led by the National Bank of Canada with support from Export Development Canada (“EDC”).
Further information can be found on ACCESS Newswire’s website.
GHGSat is a global technology leader with pioneering emissions-monitoring capabilities that drive industrial efficiency with positive impact. Harnessing the power of satellites and aircraft, it traces emissions directly to their source at an unmatched speed, delivering the data and insights required to take action.
BDC Capital is committed to supporting innovative Canadian companies in their formative phase by backing them with a full range of capital solutions and advice to accelerate their scaling journey. By collaborating closely with the ecosystem, it is creating the space for innovators to grow and succeed.
The Fonds de solidarité FTQ is a source of pride in Québec, fulfilling its mission through a unique business model created more than 40 years ago. With net assets of $21.9 billion as at May 31, 2025, it supports directly and indirectly thousands of companies through venture and development capital investments based on the belief that the impact of its investments is created as much by financial as societal returns.
Yaletown Partners is an investment firm backing emerging growth technology companies transforming critical industrial sectors through digital infrastructure, AI, and automation. With over $600 million in active assets under management and offices across North America, it is a recognized leader in responsible innovation investing.