Air Company, a NYC-based carbon technology company that creates carbon-negative alcohols and consumer products from CO2, raised $30M in Series A funding.
The round was led by Carbon Direct Capital Management with participation from Toyota Ventures, JetBlue Technology Ventures, and Parley for the Oceans. Carbon Direct Capital Management will join the Air Company board.
The company intends to use the capital for scaling its consumer products in order to meet increasing demand while also setting the foundation for its expansion into the industrial and aerospace sectors.
Co-founded by Gregory Constantine (CEO) and Dr. Stafford Sheehan (CTO), Air Company is a carbon technology, engineering, and design company that 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, the company is now producing carbon-converted Air Spray hand sanitizer and Air Eau de Parfum, among other consumer innovations to come. The products are produced using their process to produce impurity-free ethyl alcohol from CO2.
FinSMEs
20/04/2022