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Air CompanySalary not specified
- Full Time
- Junior (1 to 2 years)
About Air Company
AIR Company focuses on tackling climate change by converting carbon dioxide (CO2) into renewable resources through its AIRMADE System. This system captures CO2 from the atmosphere and transforms it into useful products, effectively turning a harmful greenhouse gas into a valuable asset. Unlike many competitors, AIR Company specifically targets industries such as aviation, manufacturing, and energy, which are known for high pollution levels, providing them with a sustainable alternative to fossil fuels. The company's goal is to reduce reliance on traditional energy sources and promote sustainable practices across various sectors.
New York City, New YorkHeadquarters
2017Year Founded
$104.6MTotal Funding
SERIES_BCompany Stage
Energy, Social ImpactIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Short-Term Disability Insurance
Long-Term Disability Insurance
Life Insurance
Flexible Paid Time Off
Paid Family Leave
401(k) Retirement Plan
401(k) Company Match
Commuter Benefits
Pet Insurance
Employee Wellness Program
Risks
Increased competition from companies like LanzaTech and Neste in the SAF market.
Potential regulatory challenges as governments develop carbon capture technology standards.
Dependence on airline partnerships, which may not yield expected results.
Differentiation
Air Company uses patented technology to convert CO2 into carbon-negative products.
Their AIRMADE System offers a unique solution to reduce reliance on fossil fuels.
The company has won numerous awards, highlighting its innovative approach to carbon utilization.
Upsides
Recent $69M funding round boosts financial resources for scaling operations and R&D.
Partnership with Air Canada enhances opportunities in sustainable aviation fuel development.
Growing interest in SAF aligns with Air Company's focus on CO2-derived fuels.
Funding
Total raised$104.57 M
Latest valuation$345.00 M
StageSERIES_B
$30
$150.00 MEARLY VC
11/30/2020$8
$42.50 M