Page 40 - HaMizrachi Tisha B'Av AUS 2021
P. 40

Breathe


















        Without a Second Thought












                          aving previously                                      air. After hard work and many rejections,
                          worked for their                                      Aura Air raised 1.2 million dollars from
                          father’s heating,                                     private investors. In 2020, with the onset
                          ventilation and                                       of COVID-19, highlighting the necessity of
                          air conditioning                                      their product, investors who had origi-
                          company, Aviad                                        nally been skeptical and declined to fund,
                          and Eldar Shnaid-                                     approached the brothers, leading Aura
                          erman understood                                      Air to finish their second round of invest-
     Hthat standard ven-                                                        ment with 3 million dollars. In June 2021,
        tilation or air conditioning wasn’t enough                              after research proved the success of their
        to prevent indoor air from being polluted                               technology – the ability to filter 99.9% of
        with gases, aerosols or viruses. The Shnaid-                            the COVID-19 virus from the air – Aura Air
        erman family ate, breathed, and slept air                               went public on the Tel Aviv stock market
        quality.  Their  father  filled  their  child-                          (AUSR), though they feel as though they are
        hood with endless imagination. Running                                  still just at the beginning of their journey.
        in and around huge air hoses and venti-
        lation ducts during summer vacations,                                   The COVID-19 Effect
        little did they know, this early childhood
        fascination, those invaluable experiences                               Aura Air did not lay off any workers or put
        would end up leading them to help the                                   any workers on furlough during COVID-
        world become a safer place and to dizzying                              19, in fact, the small startup recruited
        success.                                                                additional workers to create a team of
                                                                                20 all committed to improving the air
        In 2018, with past epidemics like SARS                                  we breathe. At the same time, Aura Air
        and MERS on their minds, the Shnaider-                                  developed partnerships with existing man-
        man brothers co-founded Aura Air in Tel                                 ufacturing plants while simultaneously
        Aviv, aiming to bring a product to market                               establishing its own independent produc-
        that would purify and disinfect indoor                                  tion plant.

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