Canada · Funded startup

Who invested in GHGSat

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space

Funding summaryUpdated 26 Oct 2026

$34Mraised across 1 round since 2025, from 1 source

Latest round
Round, $34MSept 2025
Investors
3
See who backed them

The rounds

  1. Sept 2025

Founders and team

From GHGSat's own website: 1 founder, 4 on the team.

Stéphane GermainFounder, President & CEO
  • Maria BalafoutisVice President, Legal
  • Paul NoseworthySenior Vice President, Technology
  • Pierre-Luc LemireVice President, Finance
  • Ryan MattsonVice President, Global Sales

Everyone who backed them

BDC CapitalVC firm1round
National Bank of CanadaPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list GHGSat as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Japan Energy FundVC firmPer its own site
Morgan Brook CapitalPrivate equityPer its own site

Quick answers about GHGSat

Who invested in GHGSat?

GHGSat's investors include BDC Capital, Export Development Canada and National Bank of Canada.

How much has GHGSat raised?

GHGSat has raised $34M across 1 round since 2025.

When did GHGSat last raise?

GHGSat's most recent round was an Undisclosed round of $34M in Sept 2025.

What was GHGSat's biggest round?

Its most recent round, $34M in Sept 2025, is also its largest on record.

Who backed GHGSat first?

GHGSat's first round on record, in Sept 2025, was backed by BDC Capital, Export Development Canada and National Bank of Canada.

What stage is GHGSat at?

GHGSat's latest named round is an Undisclosed round, in Sept 2025.

Where is GHGSat based?

GHGSat is based in Canada.

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In the same sector, and raised in the last eighteen months.

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