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Air Company Secures $30Mm In Series A Funding To Further Scale Its Carbon Conversion Technology

Air Company Secures $30Mm In Series A Funding To Further Scale Its Carbon Conversion Technology

04/19/22, 1:43 PM
Money raised
$30 million
Round Type
series a
Air Company, the world's leading carbon technology company that creates carbon-negative alcohols and consumer products from CO2, has raised $30MM in Series A funding. Carbon Direct Capital Management led the round with participation from Toyota Ventures, JetBlue Technology Ventures, and Parley for the Oceans, bringing the company's total funding north of $40MM. Carbon Direct Capital Management will join the Air Company board.

Company Info

Company
Air Company
Additional Info
Air Company is a carbon technology, engineering, and design company based in New York that ideates and creates products for the future, out of the air. Using proprietary technology, Air Company transforms carbon dioxide into impurity-free alcohols that can be used to create a variety of consumer goods. Launching initially with a carbon-negative vodka, Air Vodka, Air Company is now producing carbon-converted Air Spray hand sanitizer and Air Eau de Parfum, among other consumer innovations to come. Air Company's products are produced using their groundbreaking process to produce impurity-free ethyl alcohol from CO2. The only three inputs that are required are air (carbon dioxide), water, and sun (renewable electricity). The brand has won awards including TIME Best Inventions, Fast Company World Changing Ideas, Pentawards Diamond, and the NASA CO2 Conversion Challenge, among others. Air Company exists to enable new possibilities and redefine the border of what is possible. Working to combat one of the most vexing problems facing humanity today, anthropogenic climate change, the company's primary goal is to utilize as much carbon dioxide as possible, creating a climate-positive impact.