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Susteon

Licenses CCUS tech for industrial decarbonization

Overview

Susteon 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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About Susteon

Simplify's Rating
Why Susteon is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

11-50

Company Stage

Grant

Total Funding

$4M

Headquarters

Morrisville, NC

Founded

2018

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Simplify's take

What believers are saying

  • On Nov. 6, 2026, NoAir Lab showed $3.8 million in federal grants.
  • Sustenol passed a 1,000-hour pilot in 2025 with 94% capture efficiency.
  • October 2026 patent issuance extends its IP moat before commercial plant demonstrations.

What critics are saying

  • NoAir Lab found no private capital and no federal contracts on Nov. 6, 2026.
  • Susteon depends on DOE grants; if awards stop, payroll and pilots stall in 2027.
  • Climeworks, Verdox, and CarbonCapture can outspend Susteon, blocking commercialization before 2028.

What makes Susteon unique

  • Susteon owns 31 patents, including US 12,766,494, covering electrically heated catalytic and sorbent systems.
  • Its 2026 patent family spans DAC, solvent capture, and CO2-free hydrogen pyrolysis.
  • The company combines capture, conversion, and licensing into one industrial decarbonization platform.

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Funding

Total Funding

$4M

Above

Industry Average

Funded Over

6 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

5%
Carbon Herald
Jan 10th, 2025
Susteon Inc., Backed By NETL, Is Working On Innovations In DAC Technology

Susteon Inc., backed by NETL, is working on innovations in DAC technology.

Hydrogen Central
Aug 6th, 2024
US Department of Energy Announces $41 Million for Technologies to Expand the Use of Renewable Power

Susteon (Cary, NC) seeks to develop a process to produce kerosene-range hydrocarbons using carbon dioxide, hydrogen, and renewable electricity.

U.S. Department of Energy
Mar 23rd, 2024
SBIR/STTR FY 2023 Phase I Funding Opportunity

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.

Eco-Business
Jun 8th, 2023
Carbon capture and oral vaccine for farmed fish win The Liveability Challenge 2023 | News | Eco-Business | Asia Pacific

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.

Carbon Herald
May 16th, 2023
Aviation Climate Taskforce Gives $400,000 Research Grant to Susteon

The Aviation Climate Taskforce (ACT) has awarded its first research grant worth $400,000 to decarbonization technology incubator Susteon.

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