Susteon
Company

Last deal

$200.K

Amount

Grant

Stage

12.12.2023

Date

5

all rounds

$1.M

Total amount

General

About Company
Susteon develops direct air capture technology to convert carbon dioxide from large emitting sources.

Industry

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founded date

01.01.2018

Number of employees

Last funding type

Grant

IPO status

Private

Description

Susteon is a private technology company that focuses on developing energy transition technology to solve real-world problems related to climate change. Their Dual-Functional Materials (DFM) technology captures carbon dioxide from the air and converts it into Renewable Natural Gas (RNG), which can be used to create other fuels such as diesel or aviation fuel. The company works with partners and customers on a consulting or turnkey basis with flexible IP sharing arrangements to develop technologies for solving energy and industrial problems. Susteon has a vast portfolio of proprietary technologies in areas such as syngas, natural gas, hydrogen, CO2 management, and power systems.
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