Airovation Technologies

Company Overview

Snapshot

Founded in April 2017 by Marat Maayan, Airovation Technologies operates with 11–50 employees. The company has raised $22.75M across 4 funding rounds from 4 investors. In December 2024, Airovation Technologies secured SAFE funding from NewMed Energy.

Business overview

Airovation Technologies specializes in Carbon Capture, Utilization, and Mineral Storage (CCUS) solutions. Its proprietary platform captures CO₂ directly from industrial emission sources and converts it into valuable industrial materials such as sulfuric acid, calcium carbonate, and ammonium sulfate. This process eliminates the need for pipelines or underground storage, supporting circularity, carbon monetization, and long-term carbon storage. The company's technology enables methane-based low-carbon hydrogen production and reduces emissions intensity in hard-to-abate sectors like fertilizer, cement, and steel, contributing to deep decarbonization across multiple industrial value chains.

Strategic signal

Airovation Technologies is actively expanding its global presence and seeking strategic partnerships, as evidenced by its participation in COP 29 in November 2024 and its focus on capturing the South Korean carbon market in October 2022. These initiatives signal a clear intent to scale its carbon capture and utilization solutions internationally, indicating strong commercial validation and a proactive approach to addressing global industrial emissions.

Company Intelligence Q&A

What was a significant recent recognition for Airovation Technologies?

In July 2025, Airovation Technologies was awarded the Asper Prize by the Hebrew University, recognizing its innovative work in converting carbon dioxide into essential raw materials.

What strategic partnership did Airovation Technologies announce in 2022?

In September 2022, Airovation Technologies signed an agreement with ASUS to develop innovations in air purification, signaling a collaboration to integrate its carbon capture technology into broader applications.

Which investor participated in Airovation Technologies' SAFE funding round?

In December 2024, Airovation Technologies secured SAFE funding from NewMed Energy.

What was a key funding event for Airovation Technologies in 2021?

In December 2021, Airovation Technologies received Seed funding from Dreamstone Partners and The Yozma Group.

What non-equity funding did Airovation Technologies receive in 2018?

In December 2018, Airovation Technologies received a grant from Horizon Europe and the Israel Innovation Authority.