AirMyne

AirMyne

Private
Berkeley, CaliforniaEnergy & Sustainabilityhttps://www.airmyne.com

Last Round

Seed

Mar 20, 2024

Total Funding Raised

$6.9M

Momentum Score

25 /100

Company Overview

AirMyne is a greentech company founded in 2022 that is developing and scaling Direct Air Capture (DAC) technology to remove carbon dioxide from the atmosphere. The company's process utilizes a proprietary liquid solvent and a low-temperature thermal regeneration process, which allows for the use of various low-carbon energy sources like geothermal and industrial waste heat. AirMyne was launched out of Y Combinator and has raised approximately $7.4 million in seed funding. The company aims to provide a scalable and cost-effective solution to help organizations achieve net-zero emissions targets by permanently sequestering captured CO2.

Sector

Energy & Sustainability

Verticals

Carbon Capture, Renewable Energy, Sustainable Materials, Energy Management

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

direct air captureDACcarbon dioxide removalCDRcarbon removalcarbon creditscarbon captureliquid solvent DAClow-temperature heatclimate techindustrial waste heatgeothermal integrationCO2 utilizationcarbon-to-valueCO2 as a feedstockdecarbonizationDAC Hubs

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AirMyne Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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AirMyne Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedMar 20, 2024

Key People

Founding team and executive leadership

Mark Cyffka

Co-Founder COO

Founding Team

Sudip Mukhopadhyay

Chief Executive Officer

Executive Team

AirMyne Investors

Notable investors and investment history

AirMyne Filings

SEC and related filings with document metadata.

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AirMyne Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about AirMyne's valuation, stock price, and market status.

Firmographic Details

HeadquartersBerkeley, California
Employee Range17
Year Founded2022
Last FundingMar 20, 2024

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