Damien Steel has stepped down as CEO of Deep Sky, the Quebec-based carbon removal startup founded by Hopper CEO Frederic Lalonde. Steel, previously managing partner at OMERS Ventures, joined Deep Sky in August 2023. In a LinkedIn post, he cited personal reasons, stating he could no longer give the role his full energy.
Chief operating officer Alex Petre will take over. Deep Sky focuses on direct-air and ocean-based carbon capture. Last year, it secured major deals with RBC and Microsoft, and a US$40 million grant from Breakthrough Energy. Questions remain about the scalability of its technology.
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