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CO2 Solutions's Overview

Total employees11
HeadquartersQuebec City
Founded

CO2 Solutions Inc. was a Canadian cleantech company founded in 1997, specializing in the development and commercialization of proprietary enzyme-based carbon capture technology. Their innovative approach utilized the carbonic anhydrase enzyme to capture CO2 emissions from industrial sources, aiming for cost-effective and environmentally friendly solutions. The company developed advanced capture processes like RILT® (Rotating Intensified Liquid Technology). In June 2019, CO2 Solutions filed for creditor protection under the Companies' Creditors Arrangement Act (CCAA). Subsequently, its key assets and intellectual property related to enzymatic CO2 capture were acquired by Saipem S.p.A. in early 2020. In July 2022, KAPSOM Green Energy Technology Co. Ltd. acquired this CO2 capture technology and related assets from Saipem, and KAPSOM continues to develop and commercialize it.

Where is CO2 Solutions's Headquarters?

HQ Function

The headquarters housed the company's core research and development labs for its enzymatic carbon capture technology, alongside administrative, engineering, and business development functions.

Notable Features:

The facility was notable for its specialized laboratories dedicated to enzyme development, process optimization, and pilot-scale testing of their carbon capture systems.

Work Culture:

The work culture at CO2 Solutions was characterized by innovation, scientific rigor, and a strong focus on environmental sustainability, driven by a team of scientists, engineers, and professionals dedicated to combating climate change.

HQ Significance:

The Quebec City headquarters was significant as the birthplace and central development site for CO2 Solutions' unique enzymatic CO2 capture technology, which represented a novel approach in the carbon capture sector.

Values Reflected in HQ: The headquarters operations reflected the company's core values of innovation, environmental stewardship, scientific excellence, and the pursuit of sustainable industrial solutions.

Location:

CO2 Solutions Inc. aimed for a global impact with its carbon capture technology. While headquartered in Canada, the company engaged in international collaborations, sought partnerships for technology deployment worldwide, and participated in global industry conferences. Its technology was designed for various industrial applications across different regions, particularly targeting emitters in North America, Europe, and Asia. The global strategy focused on licensing its technology and developing projects with industrial partners internationally before its acquisition.

Street Address:

2300 Jean-Perrin Street, Suite 130

City:

Quebec City

State/Province:

Quebec

Country:

Canada

CO2 Solutions's Global Presence

Buying Intent Signals for CO2 Solutions

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of CO2 Solutions

As of April 2025, CO2 Solutions' leadership includes:

Evan Price - Former President and Chief Executive Officer
Louis Fradette - Former Chief Technology Officer
Thom Skinner - Former Chief Financial Officer

Investors of CO2 Solutions

CO2 Solutions has been backed by several prominent investors over the years, including:

Investissement Québec
Fondaction CSN
Cycle Capital Management
Capital régional et coopératif Desjardins
Natural Resources Canada (NRCan)
Sustainable Development Technology Canada (SDTC)
Ministère de l'Économie, de la Science et de l'Innovation du Québec (MESI)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

CO2 Solutions Inc. ceased independent operations in 2019 after filing for creditor protection, and its assets were subsequently acquired. Therefore, there have been no executive hires or exits for CO2 Solutions Inc. as an independent entity in the last 12 months.

Technology (Tech Stack) used by CO2 Solutions

Discover the tools CO2 Solutions uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

CO2 Solutions Email Formats and Examples

Based on common corporate practices, CO2 Solutions Inc. likely utilized email formats such as [first_initial][last]@co2solutions.com or [first].[last]@co2solutions.com. However, as the company is no longer operating independently and the co2solutions.com domain is inactive, these email addresses are no longer functional.

[first_initial][last]@co2solutions.com or [first].[last]@co2solutions.com

Format

jdoe@co2solutions.com

Example

0%

Success rate

News and media

CarbonCaptureJournal.comJuly 26, 2022

KAPSOM acquires CO2 Solutions’ technology from Saipem

KAPSOM Green Energy Technology Co. Ltd. announced the successful acquisition of CO2 Solutions’ enzymatic CO2 capture technology and related assets from Saipem. KAPSOM plans to further develop and deploy this innovative technology globally....more

GasworldJanuary 9, 2020

Saipem acquires CO2 Solutions’ carbon capture technology

Saipem S.p.A. acquired the assets and technology of Canadian company CO2 Solutions Inc., which had developed an enzyme-based CO2 capture process. This acquisition enhanced Saipem's portfolio in decarbonization solutions....more

GlobenewswireJune 13, 2019

CO2 Solutions Provides Update and Announces Filing for Protection under the CCAA

CO2 Solutions Inc. announced that it had filed for protection under the Companies' Creditors Arrangement Act (CCAA) to restructure its business and financial affairs due to funding challenges for its large-scale projects....more

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