Airovation Technologies Overview
Airovation Technologies is a Carbon Capture, Utilization and Mineral Storage (CCUS) company enabling methane-based low-carbon hydrogen production in synergy with hard-to-abate sectors such as fertilizer, cement, and steel. Our proprietary platform captures CO₂ at the source and converts it into valuable industrial materials including sulfuric acid, calcium carbonate and ammonium sulfate eliminating the need for pipelines or underground storage. This dual-value process supports circularity, carbon monetization, and long-term carbon storage, while reducing emissions intensity across multiple industrial value chains.
Cumulative Funding Raised Over Time ($)
$14.0MDec 2021
$18.1MDec 2024
$20.6MJan 2018
Latest News
growth-positive
חברה שהופכת פחמן דו-חמצני לחומר גלם חיוני זכתה בפרס אספר באונ' העברית
Airovation Technologies, a startup focused on converting CO₂ emissions and gypsum waste into raw materials for construction and energy industries, has won the prestigious Asper Award for 2025 from the Hebrew University. This award recognizes groundbreaking ventures that demonstrate impactful innovation. The company is launching projects in Israel and Japan using its innovative CCUS technology. The award was received by Mart Maayan, the founder and CEO of Airovation Technologies. The competition saw 50 startups participating, aligning with the UNs Sustainable Development Goals, and was judged by a panel of leading venture capitalists in Israel. The award highlights Airovations contribution to addressing real-world challenges such as climate change and sustainable development.
growth-positive
Airovation Technologies Awarded 2025 Asper Prize
Airovation Technologies, a climate-tech startup, has won the 2025 Asper Prize for The Hebrew University Rising Startup. The award is part of a competition by ASPER-HUJI Innovate, in collaboration with the Asper Foundation and the Gail Asper Family Foundation. Airovation Technologies, which emerged from innovations at the Hebrew University, focuses on capturing and reusing carbon emissions from polluting industries. The competition attracted startups aligned with the UNs Sustainable Development Goals, with Airovation Technologies being recognized for its impactful solutions. The award highlights the universitys commitment to bridging academia and industry, fostering innovation, and addressing global challenges.
growth-positive
Climate Tech and Smart Cities
Airovation Technologies, an Israeli startup, is making strides in the fight against climate change by developing technology to capture carbon dioxide and convert it into useful products. Founded by Marat Maayan, the company has successfully demonstrated its technology and is now expanding operations internationally, with partnerships in South Korea and Japan. Airovation has raised approximately $18 million, including investment from NewMed Energy, and is planning to build demonstration plants in Israel and Japan. Despite challenges such as the war and investor withdrawal, the company continues to grow and aims to provide sustainable solutions for heavy industries worldwide.
PartnersInvestmentExpandProduct Stage
Airovation taking part in COP 29, Azerbaijan
growth-positive
Carbon Capture Turns Factory Smoke Into Valuable Minerals
Israeli startup Airovation Technologies has developed a carbon capture technique that transforms emissions into profitable minerals. The process releases zero carbon emissions and generates a useful commodity. The company can turn one tonne of carbon dioxide a day into minerals and expects to mineralize 15 tonnes a day by 2024. Airovation collaborates with its partners, building sites near their factories that can turn polluting carbon emissions into sodium carbonate and bicarbonate, and potassium carbonate and bicarbonate. The company is primarily focusing on European and Asian countries where carbon penalties are high.
PartnersExpand
| Sector | Industrial Technologies |
Funding
| Total funding | $22.75M |
| Last funding | $4.1M |
| Stage | Seed |
| Rounds | 4 |
| Investors | 5 |
Team Members
10
Employees: 11-50
Web & Social Links
| Website | www.airovation-tech.com |
Locations
HaOreg St, Modi'in-Maccabim-Re'ut, Israel
South Korea
Photos & Videos
1 item(s)
Airovation Technologies Business
Business models
B2B
Product stage
Alpha
Employees
11-50
Sector
Industrial TechnologiesMaterial Innovations & ApplicationsClimate TechCarbon TechCarbon Capture, Storage, Sequestration, UtilizationClean Industry Tech Sustainable Materials & CircularityFood & Land UseSustainable FarmingEnergy TechTarget Customer
Energy, Utilities & Waste ManagementFossil FuelsOilGasAgriculture & FoodLivestockIndustrial ManufacturingHybrid IndustriesFertilizers & PesticidesProcess IndustriesPlasticsGlassChemicals & PetrochemicalsManufacturing FacilitiesCore Technology
Materials & SubstancesRaw MaterialsTags (9)
energytechclimate-techclean-airair-pollutionfertilizershydrogencarbon-captureagrochemicalsenergyGeographic Markets
North AsiaSoutheast AsiaEuropeCentral AsiaNorthern EuropeSouth AsiaSouth AmericaSouthern EuropeNorth AmericaAsiaEastern EuropeCentral AmericaWestern EuropeAirovation Technologies Financials
$22.75M
Total funding
Undisclosed
Capital raised
$4.1M
Last funding
Seed
Funding stage
4
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$14.0MDec 2021
$18.1MDec 2024
$20.6MJan 2018
Private Equity Funding
SAFE
Dec 2024
$4.1M
NewMed Energy, haliburton labs
Seed
Dec 2021
$14M
Dreamstone Partners, The Yozma Group, UNID
Pre-Seed
Jan 2018
$2.5M
Non-Equity Funding
GrantEvent
Dec 2018
$2.15M
Horizon Europe, Israel Innovation Authority
Airovation Technologies Lifecycle
Cumulative Funding Raised Over Time
$14.0MDec 2021
$18.1MDec 2024
$20.6MJan 2018
All Events
SAFE
Dec 2024
$4.1M
NewMed Energy, haliburton labs
Seed
Dec 2021
$14M
Dreamstone Partners, The Yozma Group, UNID
Pre-Seed
Jan 2018
$2.5M
GrantEvent
Dec 2018
$2.15M
Horizon Europe, Israel Innovation Authority
Airovation Technologies News
11 articles
growth-positive
חברה שהופכת פחמן דו-חמצני לחומר גלם חיוני זכתה בפרס אספר באונ' העברית
Airovation Technologies, a startup focused on converting CO₂ emissions and gypsum waste into raw materials for construction and energy industries, has won the prestigious Asper Award for 2025 from the Hebrew University. This award recognizes groundbreaking ventures that demonstrate impactful innovation. The company is launching projects in Israel and Japan using its innovative CCUS technology. The award was received by Mart Maayan, the founder and CEO of Airovation Technologies. The competition saw 50 startups participating, aligning with the UNs Sustainable Development Goals, and was judged by a panel of leading venture capitalists in Israel. The award highlights Airovations contribution to addressing real-world challenges such as climate change and sustainable development.
growth-positive
Airovation Technologies Awarded 2025 Asper Prize
Airovation Technologies, a climate-tech startup, has won the 2025 Asper Prize for The Hebrew University Rising Startup. The award is part of a competition by ASPER-HUJI Innovate, in collaboration with the Asper Foundation and the Gail Asper Family Foundation. Airovation Technologies, which emerged from innovations at the Hebrew University, focuses on capturing and reusing carbon emissions from polluting industries. The competition attracted startups aligned with the UNs Sustainable Development Goals, with Airovation Technologies being recognized for its impactful solutions. The award highlights the universitys commitment to bridging academia and industry, fostering innovation, and addressing global challenges.
growth-positive
Climate Tech and Smart Cities
Airovation Technologies, an Israeli startup, is making strides in the fight against climate change by developing technology to capture carbon dioxide and convert it into useful products. Founded by Marat Maayan, the company has successfully demonstrated its technology and is now expanding operations internationally, with partnerships in South Korea and Japan. Airovation has raised approximately $18 million, including investment from NewMed Energy, and is planning to build demonstration plants in Israel and Japan. Despite challenges such as the war and investor withdrawal, the company continues to grow and aims to provide sustainable solutions for heavy industries worldwide.
PartnersInvestmentExpandProduct Stage
Airovation taking part in COP 29, Azerbaijan
growth-positive
Carbon Capture Turns Factory Smoke Into Valuable Minerals
Israeli startup Airovation Technologies has developed a carbon capture technique that transforms emissions into profitable minerals. The process releases zero carbon emissions and generates a useful commodity. The company can turn one tonne of carbon dioxide a day into minerals and expects to mineralize 15 tonnes a day by 2024. Airovation collaborates with its partners, building sites near their factories that can turn polluting carbon emissions into sodium carbonate and bicarbonate, and potassium carbonate and bicarbonate. The company is primarily focusing on European and Asian countries where carbon penalties are high.
PartnersExpand
growth-positive
Israel-South Korea commercial relationship: Match made in heaven
Israeli climate-tech company Airovation Technologies has signed a Memorandum of Understanding with South Korea-based Kolon Industries Inc. to collaborate on a three-phase scale-up process for CO2 capturing at Kolon’s manufacturing facility. This follows a landmark free trade agreement between Israel and South Korea. Airovation Technologies recently completed a $16 million Series A funding round, led by Dreamstone Partners and including the Yozma Group Korea and the Unid Global Corporation. The companys technology transforms carbon dioxide emissions into valuable minerals and products that can be used in various industries.
PartnersInvestmentExpand
growth-positive
Israeli start-up wants to capture South Korea's carbon
Israeli climate-tech company Airovation Technologies has signed a memorandum of understanding (MOU) with South Korean chemical and textile manufacturing company Kolon Industries. The partnership aims to scale up carbon capture at Kolon’s manufacturing facility. Airovation Technologies, which provides air purification and carbon capture solutions, recently completed a $16 million Series A funding round with participation from several Korean VCs, including Dreamstone Partners, Yozma Group Korea, and Unid Global Corporation. The collaboration follows the ratification of a Free Trade Agreement between Israel and South Korea.
PartnersInvestmentExpand
growth-positive
Airovation and ASUS sign agreement to develop air purifier innovations
Airovation Technologies, an Israeli climate technology company, has signed a Memorandum of Understanding with Taiwan-based ASUSTek Computer Inc. to potentially use Airovations air purification technology in manufacturing in Taiwan and China. The technology, which prevents harmful CO2 emissions and improves productivity, includes products such as the Air-O and the Airosphera. The partnership will expand cooperation between the two companies on the continued development of these products and joint future endeavors. Airovation recently completed a $16 million funding round led by Dreamstone Partners, bringing its total funds raised to $19 million.
PartnersInvestment
growth-positive
CHANGE IN THE AIR: AIROVATION TECHNOLOGIES OFFERS GREENER AIR SOLUTIONS
Airovation Technologies Ltd., an Israeli company, is developing solutions to purify polluted air and enrich it with oxygen. The technology, which was established seven years ago, is based on the research of Prof. Yoel Sasson and Dr. Uri Stoin of the Hebrew University’s Casali Center of Applied Chemistry in Jerusalem. The company is working with leading players in Korea’s home appliance sector and has completed a series of successful tests. Airovations technology breaks down pollutants, destroys their microbiology, and enriches the air with oxygen. The company is also exploring ways to convert industrial carbon dioxide into minerals and oxygen.
CustomersPartnersExpand
growth-positive
קחו אוויר: Airovation Technologies מציעה פתרונות לאוויר נקי יותר
Israeli company Airovation Technologies is developing solutions to combat air pollution by purifying and enriching the air. The company, which was established about seven years ago, is based on the research activities of Prof. Yoel Sasson and Dr. Uri Stoin from the Casali Institute of Applied Chemistry at the Hebrew University of Jerusalem. The companys strategy is based on cooperation with large global players, with the aim that they will integrate the companys core into their devices. According to the companys estimates, the product will reach the market in 2023.
CustomersPartnersExpand
growth-positive
Airovation Technologies Raises ESG-focused Investment from Yozma Group Korea
Airovation Technologies, an Israel-based cleantech startup, has received an investment from the Yozma Group Korea. The investment is part of Yozma Group Koreas ESG-focused investment strategy and will support Airovation Technologies expansion of its air purification technology into carbon capture and utilization (CCU) technology. Airovation Technologies air purification solution uses superoxide radical technology from the Hebrew University of Jerusalem to eliminate dust, pathogens, and hazardous gases and convert them into clean air. The company is also exploring potential partnerships in South Korea.
InvestmentPartners
Airovation Technologies Team
Amichai Steimberg
Chairman of the Board
Yaakov Buechler
Yaakov Buechler
Yaakov Buechler
Yaakov Buechler
Yaakov Buechler
Employee Info
| Employees (range) | 11-50 |
| Exact count | 19 |
| Team members | 10 |
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Airovation Technologies Internal
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Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514988179 |
| Creator | Jared Goldfarb |
| Creator email | jared@airovation-tech.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-06-21T00:00:00.000Z |
| Created | 2021-01-10T00:00:00.000Z |
| Claimed | Yes |