# Shantanu Agarwal

> Shantanu Agarwal is a Houston-based chemical engineer and climate entrepreneur, an original co-founder and former CEO of Sustaera, and founder and CEO of Mati Carbon. After work in energy engineering and private equity, he co-founded Susteon and helped commercialize direct air capture through Sustaera. Mati Carbon applies enhanced rock weathering on smallholder farms and won the $50 million XPRIZE Carbon Removal grand prize in April 2025.

- **Role:** Founder & CEO at Mati Carbon
- **Organizations:** Mati Carbon, Sustaera, Susteon, EV Private Equity, Schlumberger, Swaniti Initiative
- **Education:** B.Tech., Chemical Engineering, Indian Institute of Technology Roorkee, MBA, Harvard Business School
- **Known for:** Original co-founder and former CEO of Sustaera., Helped secure Sustaera’s $10 million Series A, announced in December 2021., Founder and CEO of Mati Carbon, winner of the $50 million XPRIZE Carbon Removal grand prize in April 2025.

## Career timeline

- **Before 2010** — Worked at Schlumberger in engineering, offshore well-construction and business development roles.
- **2010** — Joined EV Private Equity; later held a partner role.
- **2017** — Began Susteon research-incubation work with Raghubir Gupta and North Carolina scientists, according to his 2022 account.
- **2021** — Co-founded Sustaera; served as CEO during its $10 million Series A announcement in December.
- **2022** — By November, described himself as Sustaera co-founder and board member, with Mary Haas serving as CEO.
- **2025** — Led Mati Carbon as founder and CEO when it won the $50 million XPRIZE Carbon Removal grand prize.

## Achievements

- Original co-founder and former CEO of Sustaera.
- Helped secure Sustaera’s $10 million Series A, announced in December 2021.
- Founder and CEO of Mati Carbon, winner of the $50 million XPRIZE Carbon Removal grand prize in April 2025.
- Included in TIME100 Next 2025.
- Listed as a 2024 Mulago fellow.

## Latest updates

- **2026-09** — MATI released El Niño: Voices of the Farmers, individual accounts from smallholder farmers in India and Zambia; Agarwal was identified as CEO.
- **2026-07** — Appeared on The Impact Equation podcast to discuss enhanced rock weathering and Mati’s organizational model.
- **2025-12** — Mati’s year-end review reported more than 120 team members and over 200,000 tons of basalt deployed cumulatively.
- **2025-09** — Named to TIME100 Next.
- **2025-04** — Mati Carbon won the $50 million XPRIZE Carbon Removal grand prize.

## Links

- Website: https://about.me/saga
- LinkedIn: https://www.linkedin.com/in/shantanuagarwal
- Twitter/X: https://x.com/shantanuagarwal

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Profile page: https://yespress.io/shantanu-agarwal
Published by YesPress — https://yespress.io
Last updated: 2026-10-22