AIR COMPANY
Turning the carbon problem into the carbon solution.
Turning the carbon problem into the carbon solution.
AIR COMPANY Analysis
AIR COMPANY is a New York-based startup focused on global decarbonization by utilizing its proprietary AIRMADE™ Technology to convert CO₂ into valuable resources with the help of renewable energy. The company has established commercial partnerships with major airlines, such as JetBlue and Virgin Atlantic, and secured government contracts from NASA and the United States Department of Defense.
Recognized for its pioneering efforts, AIR COMPANY has received accolades including the Time Best Inventions, Fast Company World Changing Ideas, and the XPRIZE for Carbon Removal. Founded in 2017, the startup is led by co-founders Gregory Constantine (CEO) and Dr. Stafford Sheehan (CTO), supported by a team of experts in chemistry, engineering, and technological development.
The last reported investment of $69.00MB Series in September 2024 came from a consortium of investors including Lowercarbon Capital, Toyota Ventures, Carbon Direct Capital, Alaska Airlines, Avfuel, IQT, Connecticut Innovation’s Climate Tech Fund, Duncan Aviation, JSSI, Sheltair Aviation, and JetBlue Ventures.
With its focus on transforming industries towards sustainability, AIR COMPANY has attracted capital partners that share its mission, such as the US Department of Defense, NASA, Toyota Ventures, and JetBlue Ventures.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| B Series | $69.00M | 11 |
|
19 Sep 2024 |
| Series A | $30.39M | 4 |
|
19 Apr 2022 |
| Grant | $256.00K | 1 |
|
13 May 2021 |
| Venture Round | $8.48M | - | 14 Dec 2020 |
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