About Aira
Aira is a company based in Stockholm (Sweden) founded in 2022. It operates as a Green Energy-as-a-Service. Aira has raised $333.4 million across 3 funding rounds from investors including BNP Paribas, Temasek and Nesta. Aira has completed 2 acquisitions, including All Seasons Energy and Gruppo T5. Aira offers products and services including Heat Pumps. Aira operates in a competitive market with competitors including NIBE Group, Systemair, ConnectM, DREM and Ngenic, among others.
- Headquarter Stockholm, Sweden
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Sectors
Business ServicesEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$333.4 M (USD)
in 3 rounds
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Latest Funding Round
$174.6 M (USD), Series C
Aug 11, 2025
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Investors
BNP Paribas
& 8 more
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Employee Count
Not available
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Investments & Acquisitions
All Seasons Energy
& 1 more
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Products & Services of Aira
Aira offers a comprehensive portfolio of products and services, including Heat Pumps.
Heat pumps are provided for sustainable home heating.
People of Aira
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Funding Insights of Aira
Aira has successfully raised a total of $333.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $174.6 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Aira
Aira has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include BNP Paribas, Temasek and Nesta.
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Altor is engaged in private equity investments across multiple sectors.
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Private equity firm investing in multiple sectors
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Private equity investments in SMEs are managed by the firm.
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Investor details for Aira
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Investments & Acquisitions by Aira
Aira has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include All Seasons Energy and Gruppo T5.
Investment portfolio details for Aira
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electrical maintenance and contractor services are provided by Gruppo T5.
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Solar panels and heat pumps are installed for energy efficiency.
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Complete acquisition details for Aira
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Financial Statements - Aira
Detailed financials for Aira
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Aira Comparisons
Peer comparison for Aira
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Competitors of Aira
Aira operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NIBE Group, Systemair, ConnectM, DREM and Ngenic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally
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Sustainable HVAC products and systems are manufactured for various sectors.
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Energy management solutions are provided via asset-connecting platforms and applications.
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Heat pumps are provided for distributed energy saving solutions.
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Smart thermostat for homes
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Detailed competitors of Aira
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Latest news on Aira
Complete news archive for Aira
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Frequently Asked Questions about Aira
Aira was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Aira is headquartered in Stockholm, Sweden.
Martin Lewerth is the current CEO of Aira.
Aira is a funded company, having raised a total of $333.4M across 3 funding rounds to date.
Aira is engaged in delivering clean energy solutions for residential use across Europe. Heat pumps are central to their offerings, enabling homes to transition to cleaner and more affordable energy sources. The company operates in multiple European countries, including the United Kingdom, Germany, Italy, and Poland, with a mission to make sustainable energy accessible to millions of households.
Aira's top competitors include NIBE Group, ConnectM and DREM.
Aira offers Heat Pumps.
Aira has made 2 acquisitions, including All Seasons Energy, and Gruppo T5.
Aira has 9 investors. Key investors include BNP Paribas, Temasek, Nesta, Kinnevik, and Creades.