Terms
- Announced
- 28 Nov 2022
- Instrument
- Grants
- Amount
- US$0.04mReported as CAD 55,000, converted at 0.7442 USD/CAD (November 2022 average)
- Source
- search.open.canada.ca
Parties
- Project developer
- Arca
- Recipient type
- Technology company
- Country
- Canada
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis National Research Council of Canada IRAP-CT Grantor US$0.04m Sole provider: the whole transaction
Carbon
- Pathway
- Mineralisation
What happened
- National Research Council Canada made a CAD 55,000 IRAP contribution to Arca Climate Technologies Inc. (formerly Carbin Minerals Inc.) to develop a remote system to measure CO2 captured by mine tailings. Agreement period 28 Nov 2022 to 26 May 2023.
Kumo note
- - Non-repayable federal R&D contribution under the Industrial Research Assistance Program.
Know more about this transaction?
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal