AirX Carbon
AirX Carbon makes carbon-negative materials from agricultural by-products (mainly coffee grounds, rice husks, and coconut husks).
GreenTech
Startup Description
Founded in 2020 by Duong and Thanh Le, AirX Carbon makes carbon-negative materials from agricultural by-products (mainly coffee grounds, rice husks, and coconut husks). It works closely with local communities and international organisations (NGOs) to source biowaste materials and then turns them into useful products.
The production process involves converting the wastes into bio-based polymers, which are then pelletised using environmentally friendly manufacturing techniques to create carbon-negative biomaterials.
AirX provides two types of bioplastics. The first type is used for multiple uses and applications, such as shoe soles, electronic devices, household appliances, and furniture. These are designed to be recycled after the product life cycle has ended.
The second type is designed to biodegrade more rapidly, often within two years under suitable conditions, reducing their environmental impact.
AirX Carbon’s products are cost-comparable with fossil-based plastics. This has been possible due to the low production costs; the locally available, cheap and abundant biomass materials minimise input material costs and reduce reliance on imported raw materials.
AirX Carbon has set up a production facility in Long An Province (Mekong Delta) with a production capacity of 100 tons per month. It plans to increase the capacity to 500 tons of biomaterials/month in 2025 to meet the demand of ongoing customers. This will allow the venture to meet the rising demand for its biomaterial products across various industries.
In 2023 December, AirX Carbon secured investment prizes of USD 50,000 from Touchstone Partners and East Ventures, as a result of becoming winner of Net Zero Challenge, a climate innovations competition in Vietnam.
Startup Details
Venture Round
Unfunded
Website
Address
384 Hoang Dieu St., Dist. 4, Ho Chi Minh City
Investors

East Ventures is an early-stage sector-agnostic venture capital firm. The firm has supported more than 170 companies in the Southeast Asian region.

Touchstone Partners envisions a community where local and foreign future technologists and business leaders convene in Vietnam and create a positive impact.