# Air Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/air-energy

- Industry: Energy Storage & Batteries
- Headquarters: Chicago, US
- Website: www.airenergy.io/
- Latest round: Seed (Jun 26, 2026)
- Investors on record: 5

## About

Air Energy, Inc. is a U.S.-based company focused on the design and development of advanced solid-state lithium-air batteries for applications in aviation, autonomy, and defense systems.Founded in 2024 and headquartered in Chicago, US, Air Energy, Inc., specializes in innovative battery technology. The company was co-founded by Benjamin Drake who serves as the CEO, Mohammad Asadi, and Larry Curtiss. The company has completed one deal as of June 26, 2026, with no pivots or significant changes in its operational strategy noted. The founder's history and previous ventures have not been disclosed. Air Energy specializes in the development of advanced solid-state lithium-air batteries, targeting applications in aviation, autonomy, and defense systems. Their flagship product achieves nearly four times the energy density of traditional lithium-ion batteries, with over 1,000 watt hours per kilogram (Wh/kg) cell-specific energy, significantly reducing weight. These batteries are designed to improve the range and efficiency of next-generation transportation platforms while ensuring safety and fast charging capabilities. Air Energy's clientele includes manufacturers and operators in the aerospace, automotive, and defense sectors, focusing on high-performance energy storage solutions across North America, Europe, and Asia.Air Energy’s revenue model is based on B2B partnerships and direct sales of its innovative battery technology to aviation and defense businesses. Clients purchase battery units for integration into their systems, potentially involving long-term supply contracts. While specific pricing details are undisclosed, the structure likely accommodates bulk purchases for large organizations. Revenue generation may also include collaborations with research institutions to drive adoption of their technology.In June 2026, Air Energy, Inc. raised Seed funding led by Resolute Ventures, alongside other investors including Leslie Ventures, Evergreen Climate Innovations, the Illinois Institute of Technology Endowment, and the Illinois Department of Commerce and Economic Opportunity. The company plans to utilize this funding to accelerate the development and scale-up of its proprietary solid-state lithium-air battery platform, expand its engineering team, and advance manufacturing processes from lab-scale to pilot production. Additionally, Air Energy aims to support prototype integration with government and commercial partners, facilitating entry into new markets.

## Funding rounds

- Seed, Jun 26, 2026 — Illinois Institute of Technology Endowment, Illinois Department of Commerce and Economic Opportunity, Resolute Ventures, Evergreen Climate Innovations, Leslie Ventures

## Investors

- Illinois Institute of Technology Endowment — Seed
- Illinois Department of Commerce and Economic Opportunity — Seed
- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed
- Evergreen Climate Innovations (https://capitalatlas.ai/funds/evergreen-climate-innovations) — Seed
- Leslie Ventures (https://capitalatlas.ai/funds/leslie-ventures) — Seed