Airovation Technologies

Company Overview

Snapshot

Founded in April 2017 by Marat Maayan, Airovation Technologies operates with 11–50 employees. The company has raised a total of $22.75 million across four funding rounds from four investors. In December 2024, the company secured an investment from NewMed Energy.

Business overview

Airovation Technologies specializes in Carbon Capture, Utilization, and Mineral Storage (CCUS) solutions, focusing on enabling methane-based low-carbon hydrogen production. Its proprietary technology captures CO₂ at the source and transforms 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 serves hard-to-abate sectors like fertilizer, cement, and steel, aiming to reduce emissions intensity across multiple industrial value chains.

Strategic signal

In November 2024, Airovation Technologies participated in COP 29 in Azerbaijan, signaling its active engagement in global climate discussions and its commitment to positioning its carbon capture and utilization solutions on an international stage. This participation highlights the company's strategic focus on driving adoption and policy alignment for its technology within the broader climate tech landscape, indicating potential for future partnerships and market expansion.

Company Intelligence Q&A

What is Airovation Technologies' core technology?

Airovation Technologies utilizes a proprietary platform that captures CO₂ directly at emission sources and converts it into valuable industrial materials, including sulfuric acid, calcium carbonate, and ammonium sulfate, eliminating the need for pipelines or underground storage.

When was Airovation Technologies founded?

Airovation Technologies was founded in April 2017.

What significant award did Airovation Technologies receive in 2025?

In July 2025, Airovation Technologies was awarded the 2025 Asper Prize by the Hebrew University.

What was a key strategic development for Airovation Technologies in October 2022?

In October 2022, Airovation Technologies announced plans to capture South Korea's carbon, indicating a strategic focus on international market expansion.