What is Air Company?
Air Company operates at the intersection of advanced engineering and environmental sustainability. The firm specializes in the development of proprietary technology that captures anthropogenic carbon dioxide and converts it into impurity-free ethyl alcohol. This versatile output serves as the foundation for a diverse portfolio of consumer innovations, ranging from carbon-negative spirits to industrial-grade sanitizers and fragrances. By addressing the urgent challenge of climate change through scalable, market-ready solutions, Air Company has garnered prestigious recognition, including accolades from NASA and Fast Company, establishing a unique market position as a leader in the carbon-to-value industry.
How much funding has Air Company raised?
Air Company has raised a total of $99M across 2 funding rounds:
Series A
$30M
Series B
$69M
Series A (2022): $30M with participation from Carbon Direct, JetBlue Technology Ventures, Parley for the Oceans, and Toyota Ventures
Series B (2024): $69M led by IQT Holding, Lowercarbon Capital, Alaska Airlines, and Avfuel
Key Investors in Air Company
Lowercarbon Capital
A venture firm dedicated to funding high-impact companies that focus on slashing CO2 emissions and developing technologies to remove carbon from the atmosphere.
Toyota Ventures
The early-stage investment arm of Toyota, focusing on frontier technologies including artificial intelligence, robotics, and climate solutions aimed at achieving carbon neutrality.
JetBlue Technology Ventures
A corporate venture arm that invests in and partners with early-stage startups to enhance travel and hospitality through technological innovation and sustainability.
What's next for Air Company?
With the successful closure of its latest funding round, Air Company is poised to accelerate its industrial footprint and broaden its product ecosystem. The strategic backing from diverse industry leaders suggests a focus on scaling carbon-conversion infrastructure to meet the demands of sectors ranging from aviation to consumer retail. As the company continues to refine its proprietary processes, the focus will likely shift toward optimizing production efficiency and expanding its reach into new markets that require sustainable, carbon-negative alternatives to traditional chemical feedstocks. This capital injection provides the necessary runway to transition from niche consumer goods to broader, enterprise-level environmental impact solutions.
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