Press Release
Sherbrooke, June 3, 2025 -Skyrenu Technologies Inc. announce the closing of financing under the program SME Impulse, managed by Investment Quebec as a government agentThis public support is part of a pre-seed financing round also mobilizing private investors, including the CarbonFix fund from the Netherlands, and aims to strengthen the execution capacity of Skyrenu, a young innovative company from Sherbrooke working in the field of direct atmospheric carbon capture (DAC).
The role of the referring entities is essential in the success of the Impulsion PME program. Thus, it is important to emphasize that Skyrenu was referred and supported by entities providing expertise in R&D/materials (PRIMA Quebec) and in clean technologies (2 Degrees). The technology, developed as part of a partnership between the University of Sherbrooke and the young company, was also able to count on Axelys to provide financial and strategic support for its technological maturation.
This strategic financing comes as Skyrenu successfully delivered its first ever 2025 tonneCO DAC unit in February 50.2/year to a customer in AlbertaThis milestone confirms the company's ability to deliver cutting-edge technology, on time and to the highest quality standards.
« This support from the Quebec government marks an important milestone for Skyrenu. It is a concrete testament to the expertise and dynamism of our team, the innovation of our technology, and our strong growth potential. " says Gabriel Vezina, president and CEO of Skyrenu Technologies.
"It is essential for our government that young, innovative companies with high growth potential in Quebec have access to investment capital at the seed stage. With Impulsion PME, we are helping them get through the crucial pre-commercialization period and attracting new private investors. I am very excited about the future of Skyrenu!" ", supports Christopher Skeete, Minister Delegate to the Economy, Minister responsible for the Fight against Racism and Minister responsible for the Laval region.
« Skyrenu offers an innovative solution that leverages local expertise to address major climate challenges. By leveraging technology from academia, the company perfectly illustrates Quebec's ability to transform cutting-edge research into concrete, marketable solutions. Impulsion PME's participation not only accelerates the transition from research to market, but also strengthens an ecosystem where innovation and the energy transition go hand in hand. " highlighted Bicha Ngo, President and CEO of Investment Quebec.
Skyrenu, which employs approximately fifteen full-time employees, continues to scale its carbon capture technology with a focus on modularity and energy efficiency. Its approach is based on a lightweight manufacturing model, combined with a strategy of primarily Quebec-based industrial partnerships.
About Skyrenu
Founded in Sherbrooke, Skyrenu develops and markets direct CO capture systems2 (DAC), based on its patented technology. Winner of an award in the XPRIZE Carbon Removal competition, the company aims to make accessible and deployable on a large scale a solution essential to achieving global climate objectives.
