Carbon Direct Capital Management led the round with participation from Toyota Ventures, JetBlue Technology Ventures, and Parley for the Oceans, bringing the company's total funding north of $40MM. Carbon Direct Capital Management will join the Air Company board.

Air Company is a carbon technology, engineering, and design company based in New York that ideates and creates products for the future, out of the air. Using proprietary technology, Air Company 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, Air Company is now producing carbon-converted Air Spray hand sanitizer and Air Eau de Parfum, among other consumer innovations to come. Air Company's products are produced using their groundbreaking process to produce impurity-free ethyl alcohol from CO2. The only three inputs that are required are air (carbon dioxide), water, and sun (renewable electricity).