pHathom Technologies Surpasses $12M Committed Capital with Closure of Seed Financing Round

Led by

Adam Bata

Partner

Toronto, Vancouver

Team Members

• Christopher Fallis
• Lisa Sim
• Larissa Leong

On February 5, 2026, pHathom Technologies Inc. (pHathom) announced the closing of its seed financing round. The capital will accelerate the development and deployment of pHathom’s platform for verifiable carbon capture and durable storage using existing coastal infrastructure.

pHathom is a Canadian cleantech company founded in 2024 developing scalable, high-integrity carbon capture and storage solutions. Combined with its lead role in the $16 million Bioenergy Carbon Capture and Marine Storage Project through Canada’s Ocean Supercluster (OSC), the successful close of its $4 million equity round brings pHathom’s total committed capital past $12 million. The round was led by Propeller Ventures, with participation from the New Brunswick Innovation Foundation, Invest Nova Scotia and Carmeuse Ventures.

Miller Thomson advised pHathom with a team led by Adam Bata and comprised of Christopher Fallis (Corporate/M&A), Lisa Sim and Larissa Leong (IP/IT).