SSusteon develops and licenses decarbonization technologies for heavy industry, focusing on CCUS, low-carbon hydrogen, and renewable natural gas. Its solutions include advanced solvents for post-combustion CO2 capture that aim to reduce energy use, and methane pyrolysis that produces hydrogen and solid carbon with no CO2 emissions. It licenses technologies and forms joint ventures with industrial partners to engineer, build, and operate decarbonization projects on-site. Its goal is to help hard-to-decarbonize sectors cut emissions and advance the energy transition by delivering scalable CCUS and clean fuel technologies through partnerships and licensing.
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Industries
Company Size
11-50
Company Stage
Grant
Total Funding
$4M
Headquarters
Morrisville, NC
Founded
2018
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Total Funding
$4M
Above
Industry Average
Funded Over
6 Rounds
Susteon Inc., backed by NETL, is working on innovations in DAC technology.
Susteon (Cary, NC) seeks to develop a process to produce kerosene-range hydrocarbons using carbon dioxide, hydrogen, and renewable electricity.
On December 12, the U.S. Department of Energy (DOE) announced a funding opportunity for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
Seaforestation.co, TeOra and Susteon were awarded S$100,000 (US$75,000) in funding from impact investment firm PlanetRise, family office Rumah Group and venture capital funds Quest Ventures and TRIREC.
The Aviation Climate Taskforce (ACT) has awarded its first research grant worth $400,000 to decarbonization technology incubator Susteon.
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Industries
Company Size
11-50
Company Stage
Grant
Total Funding
$4M
Headquarters
Morrisville, NC
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs