Air Company

Air Company
Description: Air Company is an American carbon technology company that transforms carbon dioxide into valuable products using proprietary carbon capture and conversion technologies. The company focuses on creating sustainable solutions, including carbon-negative fuels, spirits, and industrial products, aiming to combat climate change while promoting innovation in clean technology.
Vision:
AIRCO aims to provide modular, on-demand sustainable fuels and products using only CO₂, water, and renewable energy.
Mission:
To decarbonize the planet by converting CO₂ into an endless resource, enabling resilient energy independence and climate security.
Contact:
References:
Investors:
Funding:
  • Venture Round : Dec 14, 2020, $: US Dollar8.5 million
  • Grant: May 13, 2021, $: US Dollar0.256 million
  • Series A Funding: Apr 19, 2022, $: US Dollar30.4 million
  • Series B Funding: Sep 18, 2024, $: US Dollar million
Total Funding: €108.1 million
Key Milestones:
  • Nov 2019: Launched Air Vodka (carbon-negative ethanol product); began facility operations in Bushwick, Brooklyn; recognized by TIME as one of The Best Inventions of 2020.
  • Apr 2022: Completed $30M Series A led by Carbon Direct Capital Management, with Toyota Ventures, JetBlue, Parley for the Oceans; expanding to third production facility
  • Jul 2022: U.S. Air Force unmanned drone flew using 100% CO₂-derived SAF from Air Company’s process.
  • June 2023 : Awarded NASA SBIR/STTR Phase II award to advance rocket-fuel production for Mars and SAF for Earth
  • Sep 2024: Raised $69M Series B, led by Avfuel and investors including Alaska Airlines, Lowercarbon Capital, JetBlue Ventures, Toyota Ventures, In-Q-Tel; signed SAF offtake agreements over 1B gallons with JetBlue, Virgin Atlantic, Boom Supersonic; secured a $65M Pentagon contract
Sector:
Products & Services:
  • AIRMADE™ Technology: A single-step catalytic reactor and separation system producing ethanol, SAF (Sustainable Aviation Fuel), methanol, paraffins, and aromatics from CO₂ and H₂. It uses a non-precious-metal catalyst and renewable energy inputs.
  • Product Portfolio: CO₂‑derived ethanol products: Air Vodka, Air Spray hand sanitizer, Air Eau de Parfum.Industrial fuels: Modular SAF for aviation, diesel, gasoline, and rocket fuel; tested in unmanned drone flights and naval applications
Claim profile