On December 18, 2024, Deep Sky announced it secured a US$40-million grant from Breakthrough Energy Catalyst. These funds will be utilized towards research and testing of direct air capture technologies. It is noted that this is Breakthrough Energy Catalyst’s first-ever investment in both a Canadian and Direct Air Capture (DAC) project.
Deep Sky is a carbon capture startup created by Frederic Lalonde and Joost Ouwerkerk, the co-founders of Hopper, and Laurence Tosi, the former CFO of Airbnb.
Osler, Hoskin & Harcourt LLP advised Deep Sky with a team consisting of Shahir Guindi, Calvin Leung, Marc-André Champigny (Emerging and High Growth Companies), Danna Donald and Clair Philips (Project Finance).
Key Contact
Former National Co-Chair, Partner, Corporate, Montréal
Team
Partner, Emerging and High Growth Companies, Montréal
Associate, Emerging and High Growth Companies, Montréal
Partner, Project Finance, Toronto
Associate, Construction, Infrastructure & Energy, Toronto