# Made of Air

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

- Industry: Renewable Energy
- Headquarters: Berlin, Germany
- Website: www.madeofair.com
- Total disclosed funding: $6.1M
- Latest round: Seed (May 10, 2021)
- Investors on record: 3

## About

Made of Air GmbH is a Berlin-based company focused on creating carbon-negative materials for various industries, aiming to contribute to sustainability and reduce carbon footprints across applications such as construction and automotive.Founded in 2016 in Berlin, Germany, Made of Air GmbH develops innovative carbon-negative materials. The company has not undergone major strategic pivots since its inception. Allison Dring serves as the CEO and founder, leading the company in the pursuit of sustainable material solutions. In May 2021, Made of Air raised EUR 5 million in Seed funding, successfully achieving a total funding amount of EUR 5 million with a current valuation of EUR 20.546 million.Made of Air specializes in the development and production of carbon-negative materials aimed at reducing carbon footprints across various applications. Their core offerings include biocarbon-based functional fillers and carbon-negative boards, designed for integration into composites used in construction, automotive, and packaging sectors. These products enhance performance while addressing environmental impact, attracting manufacturers focused on sustainability, particularly in Europe and North America.Revenue for Made of Air is generated through the sale of its carbon-negative materials via business-to-business transactions, predominantly targeting manufacturers seeking sustainable solutions. The direct sales model involves bulk orders of functional fillers and boards, tailored to meet the specifications of diverse industries. Although specific pricing structures are not disclosed, the sales strategy likely incorporates tiered pricing based on order volume.Following its EUR 5 million Seed funding round in May 2021, led by TD Veen with participation from EQT and Tuesday Capital, Made of Air GmbH plans to expand its production capabilities and scale its team. The funding will also support further research and development of carbon-negative materials. The company is targeting growth opportunities in additional geographic markets to enhance its market presence and product reach.

## Funding rounds

- Seed, May 10, 2021, $6.1M — EQT, Tuesday Capital, TD Veen

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- TD Veen — Seed