Article

pHathom Technologies has closed its seed financing round, raising $4 million, bringing total committed capital to over $12 million. The investment, led by Propeller Ventures with participation from the New Brunswick Innovation Foundation, Invest Nova Scotia, and Carmeuse Ventures, will support the development of its carbon capture platform. pHathom is involved in a $16 million Bioenergy Carbon Capture and Marine Storage Project through Canada's Ocean Supercluster, aiming for verifiable carbon capture utilizing existing coastal infrastructure.