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Sustaera
Durham, US · Founded 2021 · Delaware corporation · 5 employees on LinkedIn · 2 known investors
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Sustaera develops low-cost direct air capture (DAC) technology to remove carbon dioxide from the atmosphere. The company applies industrial experience to deploy first-of-a-kind carbon removal systems.
Founders & leadership
Sustaera was founded in 2021 by Raghubir Gupta and Cory Sanderson.
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Cory SandersonCo-founder · Chief Executive OfficerCory Sanderson is a process and research engineer with expertise in adsorption, high-pressure distillation, cryogenic separation, and syngas production. He is the founder of Sustaera, which develops direct air capture technology powered by renewable energy to remove and reuse atmospheric CO2 at scale.
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Ben GardnerCo-Founder and Sr. Advisor, Projects
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Dr. David MyersExecutive Chairman
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Darren LeggeChief Marketing Officer
Board
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Kevin TidwellBoard director
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David MyersBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$6.5M disclosed across 2 rounds · 2021–2023
▶$1.5MraisedDec 2024 · 1 investors · Other TechnologyRule 506(b)
▶$1.5MraisedDec 2024 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- David MyersDirector
- Ben GardnerExecutive Officer, Director
- Kevin TidwellDirector
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$5MraisedDec 2021 · 2 investors · Other TechnologyRule 506(b)
▶$5MraisedDec 2021 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kevin TidwellDirector
- Phil LarochelleDirector
- Raghubir GuptaExecutive Officer, Director, Promoter
- Shantanu AgarwalExecutive Officer, Director, Promoter
- Offering amount
- $10M
- Amount sold
- $5M
- First sale
- Nov 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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SpheraSphera is a software company providing safety, sustainability, and productivity solutions for enterprises across supply chain and operational risk management.
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In the news
Frequently asked questions
- What does Sustaera do?
- Sustaera develops low-cost direct air capture (DAC) technology to remove carbon dioxide from the atmosphere. The company applies industrial experience to deploy first-of-a-kind carbon removal systems.
- Who founded Sustaera?
- Sustaera was founded by Raghubir Gupta, Cory Sanderson in 2021.
- Who are Sustaera's investors?
- Sustaera's investors include Breakthrough Energy Ventures, Third Derivative.
- How much funding has Sustaera raised?
- Sustaera has disclosed $6.5M raised across 2 rounds.
- Where is Sustaera headquartered?
- Sustaera is headquartered in Durham, US.