Susteon: Funding, Investors & Team (Oct 2026)
Susteon has been commissioned by the Department of Energy to create a technology known as direct air capture (DAC) for the purpose of seizing and transforming carbon dioxide from high-emitting sources.
Susteon has raised $400k across 1 funding round on record, the most recent an undisclosed round of $400k announced in May 2023.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Susteon Company Profile and Key Stats
Latest funding round on record: May 2023.
Susteon Funding Rounds
Susteon Founders and Leadership Team
No contact details are on record for this team yet.
Susteon Funding Compared to Other Energy Startups
Susteon's latest round of $400k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Susteon Funding FAQs
What does Susteon do?
Susteon has been commissioned by the Department of Energy to create a technology known as direct air capture (DAC) for the purpose of seizing and transforming carbon dioxide from high-emitting sources.
How much funding has Susteon raised?
Susteon has raised $400k across 1 round on record. The most recent is an undisclosed round of $400k announced in May 2023.
When did Susteon last raise funding?
Susteon's most recent funding round on record is an undisclosed round of $400k, announced in May 2023.
Who founded Susteon?
FundedIQ lists Shantanu Agarwal (Founder) at Susteon.
Where is Susteon headquartered?
Susteon is based in Cary, North Carolina, United States.
How many employees does Susteon have?
Susteon is in the 11-50 employee band.
How does Susteon's funding compare to other Energy startups?
Susteon's latest round of $400k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Susteon Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Susteon is left off this page rather than filled in.
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