Tech Company Financing Transactions
Air Company Funding Round
Air Company secured a $30 million Series A investment round on 4/19/2022. Investors included Carbon Direct, JetBlue Technology Ventures and Parley for the Oceans.
Transaction Overview
Company Name
Announced On
4/19/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series A
Investors
Proceeds Purpose
Air Company plans to utilize this new growth capital to rapidly ramp up its CO2-derived alcohol production with the construction of the company's third facility.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
404-407 Johnson Avenue Brooklyn
New York, NY 11206
USA
New York, NY 11206
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Producer of sustainable alcoholic beverages intended to transform carbon dioxide captured from the air into impurity-free alcohols. The company's technology splits water into hydrogen and oxygen, then combines the hydrogen with carbon dioxide extracted from the air to create vodka, enabling customers to avail of eco-friendly spirits and also contribute to the cause of reducing greenhouse gases in the atmosphere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Gregory Constantine
Co-Founder
Stafford Sheehan
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