What is Airly?
Founded in 2016 and headquartered in Poland, Airly is at the forefront of addressing global air pollution. The company leverages real-time air quality sensors to construct a comprehensive, global dataset, aiming to provide a single source of truth for air quality information. By making this data visible and understandable, Airly empowers individuals and organizations to take informed actions towards reducing pollution worldwide. Their innovative approach positions them as a key player in the environmental technology sector, driving awareness and solutions for a critical global challenge.
How much funding has Airly raised?
Airly has raised a total of $10.8M across 3 funding rounds:
Unspecified
$2M
Other Financing Round
$3.3M
Series A
$5.5M
Unspecified (2020): $2M with participation from Giant Ventures
Other Financing Round (2021): $3.3M led by Ragnar Sass, Firstminute Capital, Brent Hoberman, Ferry Heilemann, Garrett Camp, Markus Villig, Konstantin von Unger, Giant Ventures, and David Rowan
Series A (2022): $5.5M supported by Pi Labs, Untitled, and Firstminute Capital
Key Investors in Airly
Pi Labs
Pi Labs is an early-stage venture capital firm based in London that invests in innovative startups transforming the built world towards a digital sustainable future. Since its founding in 2015, it has backed over 90 companies globally, focusing on technology that spans sustainable construction, efficient buildings, and the future of work. Their investment strategy includes ticket sizes ranging from £350,000 to £2 million, supporting founders from pre-seed to series A stages. Pi Labs is committed to creating long-term partnerships with entrepreneurs to drive significant change in the built environment.
Firstminute Capital
firstminute is a seed investment fund that supports early-stage founders in Europe and the US, focusing on sectors like Artificial Intelligence, FinTech, HealthTech, and SaaS. Backed by over 130 unicorn founders, the fund aims to be the first institutional check for ambitious entrepreneurs, providing not just capital but also a robust community and strategic support. With a portfolio of over 170 companies and $500 million in assets under management, firstminute prides itself on being a collaborative partner that helps startups navigate their journey from idea to impact. Their commitment to fostering innovation and building global software champions sets them apart in the investment landscape.
Giant Ventures
Giant Ventures is an investment firm that has participated in Airly's funding rounds, indicating a strategic interest in the company's growth and market potential within the environmental technology sector.
What's next for Airly?
The recent major strategic investment signifies a pivotal moment for Airly, likely enabling the company to accelerate its expansion into new markets and enhance its technological infrastructure. This infusion of capital is expected to fuel further development of its sensor network and data analytics capabilities, solidifying its position as a leader in the air quality monitoring space. Airly's continued focus on providing actionable insights into global air quality suggests a strategic push towards broader adoption and impact, potentially involving partnerships with governmental bodies and large-scale industrial clients.
See full Airly company page
