Breakthrough Energy Ventures and Grantham Trust’s Neglected Climate Opportunities, have lead a USD10 million series A financing round in Sustaera, a a direct air capture (DAC) carbon dioxide removal company spun-out of Susteon Inc.
Breakthrough Energy Ventures and Grantham Trust’s Neglected Climate Opportunities, have lead a USD10 million series A financing round in Sustaera, a a direct air capture (DAC) carbon dioxide removal company spun-out of Susteon Inc.
Seed R&D funding was provided by the United States Department of Energy (DOE) and North Carolina’s Department of Commerce through multiple grants including one in partnership with Columbia University over the past several years. Sustaera will use the investment to accelerate its research and development program and build its first pilot plant.
