Airly, a London, UK-based CleanTech startup, announced that it raised $5.5 million in a Series A funding round as it targets cleaning the air by understanding the exact sources based on sensor data and comprehensive, actionable insights.
The round was led by firstminute capital and Pi Labs, with participation from existing investors, including Sir Richard Branson Family Office, AENU, Untitled, and new investors, including Slack co-founder Cal Henderson, Snowflake co-founder Marcin Zukowski, as well as institutional investors Semapa Next and TO Ventures.
With this funding round, Airly has raised $8.8 million from investors since March 2021. It now scales to realize the potential of its complete air quality monitoring platform and support local governments determined to fight for clean air with an end-to-end solution.
Wiktor Warchałowski, CEO and co-founder of Airly, commented: “With the funding round, we are going deeper with our users. Monitoring with our sensors has helped bring the issue to the surface, and now with our dashboard offering actionable insights and nudges, we believe this will be the catalyst that helps move measures and policies into place to repair the air we breathe.”
Recently, Airly launched the largest air quality monitoring network in a European city by installing 165 sensors in Warsaw.
Company: Airly Inc.
Raised: $3.3M
Round: Unknown
Funding Month: November 2022
Lead Investors: firstminute capital and Pi Labs
Additional Investors: Sir Richard Branson Family Office, AENU, Cal Henderson, Marcin Zukowski, Semapa Next, and TO Ventures
Company Website: https://airly.org/
Software Category: Air Quality Monitoring and Control
About the Company: Founded in 2016, Airly is a SaaS (sensing-as-a-service) solution for hyperlocal air quality monitoring and control. Airly Data Platform is a SaaS solution that combines a network of sensors, corporate functions, and services to reduce air pollution worldwide. The platforms enable governments and companies to measure and analyze air quality. AIrly provides a full service to its customers, including calibration of data with local environmental and climate conditions to increase accuracy, sensor management tools to monitor the status of the sensor network, technical support, and onboarding API. The Airly platform provides solutions in over 40 countries. Airly has strategic partnerships with JCDecaux, NHS, and NILU (Norwegian Institute for Air Research) and is a key partner in the European Union’s Horizon 2020-funded DivAirCity project.
Source: https://airly.org/en/airly-raises-3-3m-from-marquee-tech-investors-to-address-the-air-quality-health-crisis/