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SusMaX

SusMaX

Private
Philadelphia, PennsylvaniaEnergy & Sustainabilityhttps://susmax.com

Last Round

Grant

Sep 22, 2023

Total Funding Raised

$1.43M

Company Overview

SusMaX is a cleantech company that converts waste coal combustion products into value-added lightweight aggregate for the construction industry.

Sector

Energy & Sustainability

Verticals

Sustainable Materials, Construction Tech, Circular Economy, Green Building, Waste Management

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

lightweight aggregatewaste to valuecoal ash recyclingadvanced materialssustainable construction materialscircular economyclimate techconstruction materialsdeep techlightweight concretegreen building materialsindustrial waste upcyclingthermochemical processgeotechnical fills

Historical Pricing

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Caplight Momentum Score

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SusMaX Comparables

Compare SusMaX with similar companies based on industry and business-model similarity.

SusMaX comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Holcim
75%
Arcosa Inc
75%
CRH plc
71%

SusMaX Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantSep 22, 2023
VC RoundAug 1, 2023
AcceleratorAug 15, 2022
GrantAug 15, 2021

Key People

Founding team and executive leadership

Mo Balapour

Co-founder And CEO

Founding Team

SusMaX Investors

Notable investors and investment history

SusMaX investors
InvestorRounds
The Heritage GroupAccelerator
Drexel UniversityVC Round, Grant
National Science FoundationGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 9, 2025

    Monthly visitors increased 135% MoM.

  • Jun 1, 2025

    Monthly visitors grew 63% MoM, reaching 1.4K.

SusMaX Filings

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SusMaX filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about SusMaX's valuation, stock price, and market status.

Is SusMaX a public or private company?

SusMaX is a private company.

What is the current stock price of SusMaX?

SusMaX is a private company with no public stock price. No recent secondary market data is available.

How much is SusMaX worth (valuation)?

Valuation information for SusMaX is not publicly available.

Can I buy SusMaX stock?

SusMaX shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was SusMaX's last funding round?

SusMaX's most recent funding round was Grant on September 22, 2023.

Who are the main investors in SusMaX?

Key investors in SusMaX include The Heritage Group.

Will SusMaX IPO soon?

No public IPO plans have been announced for SusMaX.

How can I track SusMaX secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor SusMaX's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersPhiladelphia, Pennsylvania
Employee Range3
Year Founded2020
Last FundingSep 22, 2023

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