Svante Inc. announced that it has received round of funding led by new investor, Temasek Holdings (Private) Limited on February 2, 2021. The company issued preferred shares in the transaction. The transaction includes participation from existing investors OGCI Climate Investments LLP, Cleantech Practice, a fund managed by BDC Capital Inc., Chevron Technology Ventures L.L.C., The Roda Group, Chrysalix Venture Capital; new investors, Carbon Direct Capital Management LLC for a significant participation and Chart Industries, Inc. (NYSE:GTLS) for $15,000,000 representing under 10% of its capital stock on a fully diluted basis.

As part of the round, Jonathan Goldberg of Temasek Holdings (Private) Limited has joined the company's board as observer. The company has raised $150,000,000 in funding till date. The company received $75,000,000 in its first tranche.