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About Deep Sky
Industries
Consulting
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$103.1M
Headquarters
Montreal, Canada
Founded
2022
Overview
Deep Sky builds infrastructure to scale CO2 removal using direct air capture and ocean capture, storing the CO2 underground in Quebec with the help of local clean energy and geology. DAC and ocean devices collect CO2 from air and seawater, and the gas is permanently sequestered to create verifiable carbon removals. The company differentiates itself by emphasizing durable, scalable Scope 3 removals, working with government bodies, communities, and partner capture firms to deploy large facilities powered by Quebec’s clean energy. Its goal is to provide long-term, verifiable carbon offsets for the next 150 years to help governments and companies meet climate goals.
Simplify's Take
What believers are saying
- ENGIE partnership commits to 15,000 carbon credit purchases, validating commercial demand.
- Deep Sky Manitoba targets 500,000 tonnes annual removal capacity by 2027.
- Low Carbon PPA secures renewable energy, reducing operational costs and improving margins.
What critics are saying
- Climeworks Project Indus captures 36,000 tonnes annually at lower cost, eroding premium pricing.
- Voluntary carbon credit prices crashed 40% due to oversupply from new DAC entrants.
- Manitoba regulatory probe into ocean acidification risks halts Deep Sky Manitoba permitting indefinitely.
What makes Deep Sky unique
- Tech-agnostic model deploys multiple DAC technologies simultaneously, reducing single-technology risk.
- Vertically integrated operations control capture, storage, and power across Canadian facilities.
- Secured geologic storage sites in Quebec and Manitoba with permanent CO₂ mineralization capability.
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Funding
Total Funding
$103.1M
Above
Industry Average
Funded Over
5 Rounds
Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 3%2 year growth
↑ 0%Deep Sky has closed a bespoke credit facility for its flagship Deep Sky Alpha facility, located in Innisfail, Alberta, with Montreal-based Finalta Capital.
Deep Sky, a Canadian startup, has launched the first dedicated test hub for direct air capture (DAC) technologies in Alberta. The facility, supported by a $40 million grant from Bill Gates' Breakthrough Energy, aims to capture 3,000 tons of CO2 annually. This initiative comes amid shifting U.S. political support for climate projects, driving interest in Canada. Despite challenges like high costs and scalability, Deep Sky's project positions Canada as a leader in global carbon tech.
New report reveals 150,000+ uninsured households in California's highest-risk areas as spring fire conditions hit 10-year recordsMONTREAL, June 6, 2025 /PRNewswire/ -- Deep Sky, the Canadian carbon removal project developer, has published new research revealing a home insurance crisis unfolding across North America as wildfire risk reaches dangerous levels in 2025. The comprehensive analysis shows insurance companies are abandoning homeowners in the highest-risk areas, with over 150,000 households now uninsured in California's most fire-prone regions alone
Steel cites "personal reasons" for departure as Montréal cleantech prepares to open first facility
ClimeFi has initiated rating coverage on Deep Sky – the world's first technology-agnostic project developer for direct air capture (DAC). Deep Sky Alpha represents the highest rated DAC project in ClimeFi's carbon dioxide removal (CDR) ratings library. The rating coverage provides ClimeFi's clients and corporate partners with dynamic and forward looking insights into Deep Sky's DAC credit supply
Deep Sky is Hiring for 8 Jobs on Simplify!
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About Deep Sky
Industries
Consulting
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$103.1M
Headquarters
Montreal, Canada
Founded
2022
Deep Sky is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today