About Sustaera
Sustaera is an Environment company based in Durham (United States) founded in 2021. Sustaera has raised $11.46 million across 2 funding rounds from investors including Grantham Foundation and Breakthrough Energy. Its chief executive, as recorded, is Ben Gardner. Sustaera offers products and services including Direct Air Capture Technology. Its focus areas include Environment Tech, Air Pollution Management Tech, Carbon Management and Carbon Capture. Its competitors include Heirloom and Susteon; 1 of its 2 listed competitors has raised funding.
Company details
Developer of renewable energy-powered direct air carbon capture technology. This technology enables the removal and reuse of carbon dioxide at a large scale. The process aims to mitigate the effects of climate change by actively reducing atmospheric carbon levels. The technology is designed for scalability and affordability, making it a viable solution for widespread carbon removal efforts.
- Headquarters Durham, United States
- SectorsEnvironment
- Email••••••••
- Website sustaera.com
- Social LinkedIn X
- Total Equity Funding$11.46M (USD)
in 2 rounds
- Latest Funding Round$1.46M (USD), Series A
Jul 2023
- InvestorsGrantham Foundation
& 1 more
Products & Services of Sustaera
Sustaera offers a comprehensive portfolio of products and services, including Direct Air Capture Technology.
Captures CO2 from air using renewable energy for large-scale environmental restoration.
Funding Insights of Sustaera
Sustaera has successfully raised a total of $11.46M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.46 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.46M
- Total Rounds 2
- Last Round Series A — $1.46M
- First Round $10M
(Dec 2021)
- Investors Count 2
All 2 funding rounds of Sustaera with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $1.46M | Series A | – | – | – |
| Dec 2021 | $10M | Series A | – | Grantham Foundation, Breakthrough Energy | – |
2 investors in total: 2 institutional.
Investors in Sustaera
Sustaera has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Grantham Foundation and Breakthrough Energy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate solutions are advanced via venture capital and startup acceleration. | breakthroughenergy.org | Kirkland, United States | ||
| granthamfoundation.org |
Investor details for Sustaera
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People of Sustaera
6 people are tracked at Sustaera (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Ben Gardner | CEO | Leadership |
Shantanu Agarwal | Co-Founder & Director | Leadership |
Cory Sanderson | VP of Technology | Leadership |
Philip Singer | Process Development Engineer | Team |
Dikai Xu | Senior Research Engineer | Team |
Benita Majo | Student Consultant | Team |
Complete people profiles for Sustaera
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Timeline of Sustaera
3 dated milestones of Sustaera across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Sustaera is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series A, of $1.5M.
Competitors of Sustaera
Sustaera has 2 listed competitors in our database, 1 of them funded. They include Heirloom and Susteon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| heirloomcarbon.com | 2020 | San Francisco, United States | $203M | 110 | Carbon dioxide is removed from the atmosphere using limestone technology. | |
| susteon.com | 2017 | Cary, United States | Technology solution for decarbonization |
Detailed competitors of Sustaera
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Top companies in Pollution & Air Quality Systems
3 companies that operate in the same segment as Sustaera (Pollution & Air Quality Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for enterprise sustainability measurement, reporting, and action is provided. | 2019 | San Francisco, California, United States | USD 184.96 M | 647 | ||
Weather intelligence and forecasting solutions are provided for industries. | 2016 | Boston, Massachusetts, United States | USD 425 M | 229 | ||
Carbon dioxide is converted into products via renewable energy technology. | 2015 | Berkeley, California, United States | USD 472.37 M |
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Related news about Sustaera
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Frequently Asked Questions about Sustaera
Sustaera was founded in 2021.
Sustaera is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Ben Gardner is the CEO of Sustaera, as recorded in our data.
Sustaera is a funded company, having raised a total of $11.46M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 2021.
Developer of renewable energy-powered direct air carbon capture technology. This technology enables the removal and reuse of carbon dioxide at a large scale. The process aims to mitigate the effects of climate change by actively reducing atmospheric carbon levels. The technology is designed for scalability and affordability, making it a viable solution for widespread carbon removal efforts.
Sustaera offers Direct Air Capture Technology.
Sustaera has 2 investors. Key investors include Grantham Foundation, and Breakthrough Energy.