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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.
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
People at Deep Sky
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Simplify's Take
What believers are saying
- Partnership with ENGIE secures 15,000 carbon credits and R&D collaboration to accelerate commercial-scale DAC deployment in Europe.
- SMBC's strategic investment in Dec 2025 creates a commercial link between Japanese buyers and global carbon removal projects.
- The Eastern Canada Carbon Storage Atlas (April 2026) identifies scalable saline aquifers and depleted reservoirs, reducing geological risk.
What critics are saying
- Airbus DAC underperformance at Deep Sky Alpha may delay scaling and erode buyer confidence within 6–12 months.
- Skyrenu modular cost escalation could make ENGIE's 15,000-credit purchase unprofitable, triggering contract renegotiation in 9–15 months.
- Alberta's saline aquifer storage saturation by 2028 could collapse Deep Sky Alpha's 10-year 30,000-tonne plan within 12–18 months.
What makes Deep Sky unique
- Deep Sky is the world's first tech-agnostic DAC hub testing up to 10 technologies in parallel since Q2 2025.
- It delivered North America's first certified DAC credits under Core Carbon Principles, pre-sold to Microsoft and RBC.
- With $130M funding, it plans ~100 commercial sites across Canada to remove 1 million tonnes CO₂ annually by 2030.
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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
↑ 6%2 year growth
↑ 10%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