Startup · United States
AIRCO
HQ New YorkFounded 201751-200 employeesUpdated
New York carbon-conversion company building the deployable MAD synthetic fuel system.
Funding4 rounds · $108M
- Equity raised
- $108M
- Debt, secondaries & grants
- $256K
- Latest
- $69.0MSeries B · Sep 18, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 18, 2024 | Series B | $69.0M | — | — | — | Reported |
| Apr 19, 2022 | Series A | $30.4M | — | Carbon Direct Capital | — | Reported |
| May 13, 2021 | Grant | $256K | — | — | — | Reported |
| Dec 14, 2020 | Undisclosed | $8.5M | — | — | — | Reported |
- Series B$69.0MSep 18, 2024
- Series ALed by Carbon Direct Capital$30.4MApr 19, 2022
- Grant$256KMay 13, 2021
- Undisclosed$8.5MDec 14, 2020
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People3
| Person | Role |
|---|---|
| Files Whistleblower Lawsuit | Co-Founder |
| Gregory Constantine | CEO and Co-Founder |
| Steve Jbara | Chief Strategy Officer |
Sources4
Profile1
- 1
AIRCO · Jan 28, 2026 · Supports Organization
“The project is supported by a Strategic Funding Increase (STRATFI) award from AFWERX”
Systems1
- 2
AIRCO · Supports Organization · website, System
“AIRCO is moving production to the point of need — as energy is moving toward distributed generation and compute is moving to the edge.AIRCOismovingproductiontothepointofneed—asenergyismovingtowarddistributedgenerationandcomputeismovingtotheedge.”
Funding1
- 3CompanyAIRCO | LinkedIn
LinkedIn · Supports Funding round, Organization · employee range, Organization · founded year, Organization · ownership, Role
“funding round: Venture Round, 2020-12-14, USD 8,479,954”
People1
- 4
carbonherald.com · Supports Role
“AIRCO Co-Founder Files Whistleblower Lawsuit, Alleges Misuse Of Federal Funds And National Security Violations”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.